Company Registration No. 7271713 (England and Wales)
Smart Refurb Ltd
Unaudited accounts
for the year ended 31 March 2025
Smart Refurb Ltd
Unaudited accounts
Contents
Smart Refurb Ltd
Company Information
for the year ended 31 March 2025
Director
Mr Manaw Foolchand
Company Number
7271713 (England and Wales)
Registered Office
352-354 London Road
Mitcham
Surrey
CR4 3ND
United Kingdom
Smart Refurb Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
4,322
8,422
Cash at bank and in hand
(8,808)
(125)
Creditors: amounts falling due within one year
(29,107)
(18,558)
Net current assets
2,297
3,253
Total assets less current liabilities
6,619
11,675
Creditors: amounts falling due after more than one year
(5,852)
(10,574)
Called up share capital
100
100
Profit and loss account
667
1,001
Shareholders' funds
767
1,101
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 April 2025 and were signed on its behalf by
Mr Manaw Foolchand
Director
Company Registration No. 7271713
Smart Refurb Ltd
Notes to the Accounts
for the year ended 31 March 2025
Smart Refurb Ltd is a private company, limited by shares, registered in England and Wales, registration number 7271713. The registered office is 352-354 London Road, Mitcham, Surrey, CR4 3ND, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
25%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
899
15,498
1,332
17,729
At 31 March 2025
899
15,498
1,332
17,729
At 1 April 2024
225
7,750
1,332
9,307
Charge for the year
225
3,875
-
4,100
At 31 March 2025
450
11,625
1,332
13,407
At 31 March 2025
449
3,873
-
4,322
At 31 March 2024
674
7,748
-
8,422
Smart Refurb Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
40,212
21,936
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
2,989
3,322
Taxes and social security
24,006
13,628
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,985
6,974
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).