Smart Door Controls Ltd 07790396 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Electrical installation Digita Accounts Production Advanced 6.30.9574.0 true true 07790396 2023-10-01 2024-09-30 07790396 2024-09-30 07790396 core:RetainedEarningsAccumulatedLosses 2024-09-30 07790396 core:ShareCapital 2024-09-30 07790396 core:CurrentFinancialInstruments 2024-09-30 07790396 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 07790396 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 07790396 core:OtherResidualIntangibleAssets 2024-09-30 07790396 core:FurnitureFittingsToolsEquipment 2024-09-30 07790396 core:MotorVehicles 2024-09-30 07790396 bus:SmallEntities 2023-10-01 2024-09-30 07790396 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 07790396 bus:FilletedAccounts 2023-10-01 2024-09-30 07790396 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07790396 bus:RegisteredOffice 2023-10-01 2024-09-30 07790396 bus:Director2 2023-10-01 2024-09-30 07790396 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07790396 core:LicencesFranchises 2023-10-01 2024-09-30 07790396 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 07790396 core:MotorVehicles 2023-10-01 2024-09-30 07790396 countries:EnglandWales 2023-10-01 2024-09-30 07790396 2023-09-30 07790396 core:OtherResidualIntangibleAssets 2023-09-30 07790396 core:FurnitureFittingsToolsEquipment 2023-09-30 07790396 core:MotorVehicles 2023-09-30 07790396 2022-10-01 2023-09-30 07790396 2023-09-30 07790396 core:RetainedEarningsAccumulatedLosses 2023-09-30 07790396 core:ShareCapital 2023-09-30 07790396 core:CurrentFinancialInstruments 2023-09-30 07790396 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 07790396 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 07790396 core:FurnitureFittingsToolsEquipment 2023-09-30 07790396 core:MotorVehicles 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 07790396

Smart Door Controls Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Smart Door Controls Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Smart Door Controls Ltd

Company Information

Director

R.M. Newton

Registered office

Unit 3, City Works
Melbourne Street
Leeds
LS27 8BG

 

Smart Door Controls Ltd

(Registration number: 07790396)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible Assets

5

48,688

30,074

Current assets

 

Debtors

6

6,700

40,921

Cash at bank and in hand

 

11,636

4,498

 

18,336

45,419

Creditors: Amounts falling due within one year

7

(26,221)

(34,063)

Net current (liabilities)/assets

 

(7,885)

11,356

Total assets less current liabilities

 

40,803

41,430

Creditors: Amounts falling due after more than one year

7

(33,823)

(38,953)

Net assets

 

6,980

2,477

Capital and reserves

 

Called up share capital

2

2

Retained earnings

6,978

2,475

Shareholders' funds

 

6,980

2,477

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 June 2025
 

.........................................
R.M. Newton
Director

 

Smart Door Controls Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 3, City Works
Melbourne Street
Leeds
LS27 8BG

These financial statements were authorised for issue by the director on 25 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

The company meets its day to day working capital requirements through cash generated from operations and external borrowings.

The company’s forecasts and projections for the next twelve months show that the company should be able to continue in operational existence for that period, taking into account reasonable possible changes in trading performance.

Based on the factors set out above the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Smart Door Controls Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 September 2024 (continued)

2

Accounting policies (continued)

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

- 20% straight line

Equipment

- 25% reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Licence Plates

3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Smart Door Controls Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 September 2024 (continued)

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 October 2023

499

499

At 30 September 2024

499

499

Amortisation

At 1 October 2023

499

499

At 30 September 2024

499

499

Carrying amount

At 30 September 2024

-

-

5

Tangible Assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

10,957

28,000

38,957

Additions

-

28,000

28,000

At 30 September 2024

10,957

56,000

66,957

Depreciation

At 1 October 2023

8,883

-

8,883

Charge for the year

519

8,867

9,386

At 30 September 2024

9,402

8,867

18,269

Carrying amount

At 30 September 2024

1,555

47,133

48,688

At 30 September 2023

2,074

28,000

30,074

 

Smart Door Controls Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 September 2024 (continued)

6

Debtors

2024
£

2023
£

Trade debtors

2,840

28,153

Other debtors

3,860

12,768

6,700

40,921

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7,920

7,920

Trade creditors

 

7,550

2,660

Taxation and social security

 

3,649

4,567

Other creditors

 

7,102

18,916

 

26,221

34,063

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

33,823

38,953