Company Registration No. 13997599 (England and Wales)
SM EUROPE FASHIONS LTD
Unaudited accounts
for the year ended 31 March 2025
SM EUROPE FASHIONS LTD
Unaudited accounts
Contents
SM EUROPE FASHIONS LTD
Company Information
for the year ended 31 March 2025
Director
Sergio Orlando Martins Rocha
Company Number
13997599 (England and Wales)
Registered Office
Unit 6
Far Green Industrial Estate
Chell Street
Stoke-on-Trent
Staffordshire
ST1 6AZ
England
Accountants
Taxsolvers
108 Belgrave Gate
Leicester
Leicestershire
LE1 3GR
SM EUROPE FASHIONS LTD
Statement of financial position
as at 31 March 2025
Tangible assets
22,288
22,401
Inventories
780,000
88,500
Cash at bank and in hand
342,694
242,850
Creditors: amounts falling due within one year
(1,082,633)
(317,096)
Net current assets
47,220
7,254
Called up share capital
100
100
Profit and loss account
69,408
29,555
Shareholders' funds
69,508
29,655
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 16 June 2025 and were signed on its behalf by
Sergio Orlando Martins Rocha
Director
Company Registration No. 13997599
SM EUROPE FASHIONS LTD
Notes to the Accounts
for the year ended 31 March 2025
SM EUROPE FASHIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13997599. The registered office is Unit 6, Far Green Industrial Estate, Chell Street, Stoke-on-Trent, Staffordshire, ST1 6AZ, England.
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:
Plant & machinery
20% on Straight Line method
Motor vehicles
25% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
8,210
23,650
-
-
31,860
Additions
1,725
-
5,069
1,074
7,868
At 31 March 2025
9,935
23,650
5,069
1,074
39,728
At 1 April 2024
3,284
6,175
-
-
9,459
Charge for the year
1,987
4,369
1,267
358
7,981
At 31 March 2025
5,271
10,544
1,267
358
17,440
At 31 March 2025
4,664
13,106
3,802
716
22,288
At 31 March 2024
4,926
17,475
-
-
22,401
SM EUROPE FASHIONS LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
7,159
(7,000)
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
958,161
246,904
Amounts owed to group undertakings and other participating interests
10,000
10,000
Taxes and social security
10,893
7,326
Loans from directors
7,000
1,116
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).