SMITHSON CAPITAL MANAGEMENT LTD

Company Registration Number:
10395814 (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

SMITHSON CAPITAL MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SMITHSON CAPITAL MANAGEMENT LTD

Company Information

for the Period Ended 30 September 2024




Director: Jason Smith
Gavin Black
Kit Lowe
Registered office: 128
City Road
London
GBR
EC1V 2NX
Company Registration Number: 10395814 (England and Wales)

SMITHSON CAPITAL MANAGEMENT LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 5,064,000 4,998,544
Tangible assets: 5 3,648 1,456
Total fixed assets: 5,067,648 5,000,000
Current assets
Cash at bank and in hand: 7,000 54
Total current assets: 7,000 54
Creditors: amounts falling due within one year: ( 54,000 )
Net current assets (liabilities): ( 47,000 ) 54
Total assets less current liabilities: 5,020,648 5,000,054
Creditors: amounts falling due after more than one year: ( 27,985 ) ( 11,040 )
Total net assets (liabilities): 4,992,663 4,989,014

The notes form part of these financial statements

SMITHSON CAPITAL MANAGEMENT LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 5,009,608 4,990,008
Profit and loss account: ( 16,945 ) ( 994 )
Shareholders funds: 4,992,663 4,989,014

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 July 2025
And Signed On Behalf Of The Board By:

Name: Jason Smith
Status: Director

The notes form part of these financial statements

SMITHSON CAPITAL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

SMITHSON CAPITAL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

SMITHSON CAPITAL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

SMITHSON CAPITAL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 October 2023 4,998,544
    Additions 265,456
    Disposals -
    Revaluations -
    Transfers -
    At 30 September 2024 5,264,000
    Amortisation
    Charge for year 200,000
    On disposals -
    Other adjustments -
    Amortisation at 30 September 2024 200,000
    Net book value
    Net book value at 30 September 2024 5,064,000
    Net book value at 30 September 2023 4,998,544

    Over the year new software for remote PC, virtual machines and MS Windows was purchased. In addition considerable value was added to the algorithmic trading software.

SMITHSON CAPITAL MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Tangible Assets

Total
Cost £
At 01 October 2023 1,456
Additions 2,877
Disposals -
Revaluations -
Transfers -
At 30 September 2024 4,333
Depreciation
At 01 October 2023 -
Charge for year 685
On disposals -
Other adjustments -
At 30 September 2024 685
Net book value
At 30 September 2024 3,648
At 30 September 2023 1,456

Tangible assets relate to pc's, laptops, connections and monitors/screens.