R.A. SMART (HOLDINGS) LIMITED

Company Registration Number:
01678885 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

R.A. SMART (HOLDINGS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

R.A. SMART (HOLDINGS) LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,051,259 1,061,359
Total fixed assets: 1,051,259 1,061,359
Current assets
Stocks: 1,415,752 1,411,666
Debtors:   761,815 1,230,370
Cash at bank and in hand: 20,810 4,550
Total current assets: 2,198,377 2,646,586
Creditors: amounts falling due within one year: 4 (854,493) (1,276,641)
Net current assets (liabilities): 1,343,884 1,369,945
Total assets less current liabilities: 2,395,143 2,431,304
Creditors: amounts falling due after more than one year: 5 (423,238) (488,518)
Provision for liabilities: (177,321) (177,321)
Total net assets (liabilities): 1,794,584 1,765,465
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,794,484 1,765,365
Shareholders funds: 1,794,584 1,765,465

The notes form part of these financial statements

R.A. SMART (HOLDINGS) LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 June 2025
and signed on behalf of the board by:

Name: R A Smart
Status: Director

The notes form part of these financial statements

R.A. SMART (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off the cost less the estimated residual value of each asset over its estimated useful life or if held under a finance lease, over the lease, whichever is the shorter. Plant & Machinery 15% on reducing basis Motor Vehicles 10%on reducing basis

Valuation and information policy

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

Other accounting policies

Taxation Taxation comprises current and deferred tax. Current tax is recognised at the amount of tax payable using the tax rates and laws at the date of the Balance Sheet. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Balance Sheet date. Pension The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate.

R.A. SMART (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 32 37

R.A. SMART (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 2,844,889
At 30 September 2024 2,844,889
Depreciation
At 01 October 2023 1,783,530
Charge for year 10,100
At 30 September 2024 1,793,630
Net book value
At 30 September 2024 1,051,259
At 30 September 2023 1,061,359

R.A. SMART (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

Trade creditors £285,878 , other creditors £568,615

R.A. SMART (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due after more than one year note

Bank loans & Hp contracts £146,140, Other creditors £277,098

R.A. SMART (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Related party transactions

The company conducts business on normal trading terms with Robert Keyte Silks Ltd, R A Smart Group Ltd and the partnership of R A Smart (CAD & Machinery) which are all businesses with aspects of common control. Ultimate Controlling Party The company was under the control of Mr R A Smart throughout the current and previous year. Mr Smart is the managing director and controlling shareholder.