07355909falseretailer of mobile phones2023-10-312024-10-30http://www.companieshouse.gov.uk/2023-10-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-10-30http://www.companieshouse.gov.uk/cd:Director12023-10-312024-10-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-10-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-30http://www.companieshouse.gov.uk/cd:Director22023-10-312024-10-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-10-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-10-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-10-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-312024-10-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-312024-10-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-312024-10-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-10-30http://www.companieshouse.gov.uk/2023-10-312024-10-30http://www.companieshouse.gov.uk/2023-10-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-312024-10-30http://www.companieshouse.gov.uk/2024-10-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-312024-10-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-312024-10-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07355909

Smidoo Limited

ACCOUNTS
FOR THE YEAR ENDED 30/10/2024

Prepared By:
Ratio Business Services Ltd
10 Mardley Hill
Welwyn
Hertfordshire
AL6 0TN

Smidoo Limited

ACCOUNTS
FOR THE YEAR ENDED 30/10/2024
DIRECTORS
J Barton
K Barton
REGISTERED OFFICE
24 High Street
Hitchin
Hertfordshire
SG5 1AT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07355909
ACCOUNTANTS
Ratio Business Services Ltd
10 Mardley Hill
Welwyn
Hertfordshire
AL6 0TN

Smidoo Limited

ACCOUNTS
FOR THEYEARENDED30/10/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Smidoo Limited

BALANCE SHEET AT 30/10/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3104,7512
CURRENT ASSETS
Stock47,664106,894
Debtors5501,798169,538
Cash at bank and in hand3,257,4573,292,891
3,806,9193,569,323
CREDITORS: Amounts falling due within one year61,669,4031,984,176
NET CURRENT ASSETS2,137,5161,585,147
TOTAL ASSETS LESS CURRENT LIABILITIES2,242,2671,585,149
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account2,242,2651,585,147
SHAREHOLDERS' FUNDS2,242,2671,585,149
For the year ending 30/10/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/07/2025 and signed on their behalf by
.............................
J Barton
Director

Smidoo Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/10/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees4843

Smidoo Limited

3. TANGIBLE FIXED ASSETS
CommercialFixtures
Vehiclesand FittingsTotal
£££
Cost
At 31/10/2023-106,025106,025
Additions120,864-120,864
At 30/10/2024120,864106,025226,889
Depreciation
At 31/10/2023-106,023106,023
For the year16,115-16,115
At 30/10/202416,115106,023122,138
Net Book Amounts
At 30/10/2024104,7492104,751
At 30/10/2023-22
4. STOCK 20242023
££
Stock comprises:
Stock of finished goods47,664106,894
47,664106,894
5. DEBTORS 20242023
££
Amounts falling due within one year
Other debtors109,652106,655
Amounts due from group companies348,797-
Prepayments43,20855,185
Directors current account1417,698
501,798169,538
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax283,698157,232
VAT404,383475,829
PAYE control51,71049,050
Trade creditors540,310623,910
Other creditors131,902120,755
Accruals257,400257,400
Amounts due to group companies-300,000
1,669,4031,984,176

Smidoo Limited

7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22