IRIS Accounts Production v25.1.3.33 08230968 Board of Directors 1.2.24 31.1.25 31.1.25 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082309682024-01-31082309682025-01-31082309682024-02-012025-01-31082309682023-01-31082309682023-02-012024-01-31082309682024-01-3108230968ns15:EnglandWales2024-02-012025-01-3108230968ns14:PoundSterling2024-02-012025-01-3108230968ns10:Director12024-02-012025-01-3108230968ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3108230968ns10:SmallEntities2024-02-012025-01-3108230968ns10:AuditExemptWithAccountantsReport2024-02-012025-01-3108230968ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3108230968ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3108230968ns10:FullAccounts2024-02-012025-01-3108230968ns10:Director22024-02-012025-01-3108230968ns10:CompanySecretary12024-02-012025-01-3108230968ns10:RegisteredOffice2024-02-012025-01-3108230968ns5:CurrentFinancialInstruments2025-01-3108230968ns5:CurrentFinancialInstruments2024-01-3108230968ns5:ShareCapital2025-01-3108230968ns5:ShareCapital2024-01-3108230968ns5:RetainedEarningsAccumulatedLosses2025-01-3108230968ns5:RetainedEarningsAccumulatedLosses2024-01-3108230968ns5:PlantMachinery2024-02-012025-01-3108230968ns5:PlantMachinery2024-01-3108230968ns5:PlantMachinery2025-01-3108230968ns5:PlantMachinery2024-01-3108230968ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3108230968ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 08230968 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

SM & LM Anderson Limited

SM & LM Anderson Limited (Registered number: 08230968)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


SM & LM Anderson Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mrs S M Anderson
Dr L M Anderson





SECRETARY: Mrs S M Anderson





REGISTERED OFFICE: Office 1, Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA





REGISTERED NUMBER: 08230968 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SM & LM Anderson Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SM & LM Anderson Limited for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SM & LM Anderson Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SM & LM Anderson Limited and state those matters that we have agreed to state to the Board of Directors of SM & LM Anderson Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SM & LM Anderson Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SM & LM Anderson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SM & LM Anderson Limited. You consider that SM & LM Anderson Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SM & LM Anderson Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


Date: .............................................

SM & LM Anderson Limited (Registered number: 08230968)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,248 1,386

CURRENT ASSETS
Stocks 34,468 18,803
Debtors 5 82,036 6,363
Cash at bank 258,935 346,088
375,439 371,254
CREDITORS
Amounts falling due within one year 6 22,782 14,259
NET CURRENT ASSETS 352,657 356,995
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,905

358,381

PROVISIONS FOR LIABILITIES 237 263
NET ASSETS 353,668 358,118

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 353,666 358,116
SHAREHOLDERS' FUNDS 353,668 358,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:





Dr L M Anderson - Director


SM & LM Anderson Limited (Registered number: 08230968)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

SM & LM Anderson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

SM & LM Anderson Limited (Registered number: 08230968)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2024
and 31 January 2025 3,671
DEPRECIATION
At 1 February 2024 2,285
Charge for year 138
At 31 January 2025 2,423
NET BOOK VALUE
At 31 January 2025 1,248
At 31 January 2024 1,386

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 73,310 -
Other debtors 8,726 6,363
82,036 6,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 7,910 1,525
Taxation and social security 12,083 6,512
Other creditors 2,789 6,222
22,782 14,259

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number Class Nominal value 2025 2024
2 Ordinary £1 - 2
1 Ordinary A £1 1 -
1 Ordinary B £1 1 -
2 2