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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
Page
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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
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SM EUROPE FASHIONS LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,288 
22,401 
Current assets
Inventories
780,000 
88,500 
Debtors
7,159 
(7,000)
Cash at bank and in hand
342,694 
242,850 
1,129,853 
324,350 
Creditors: amounts falling due within one year
(1,082,633)
(317,096)
Net current assets
47,220 
7,254 
Net assets
69,508 
29,655 
Capital and reserves
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
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SM EUROPE FASHIONS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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 
Depreciation
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 
Net book value
At 31 March 2025
4,664 
13,106 
3,802 
716 
22,288 
At 31 March 2024
4,926 
17,475 
- 
- 
22,401 
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SM EUROPE FASHIONS LTD Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
7,159 
(7,000)
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
96,371 
45,778 
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 
Other creditors
- 
5,372 
Loans from directors
7,000 
1,116 
Accruals
208 
600 
1,082,633 
317,096 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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