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REGISTERED NUMBER: 09479442 (England and Wales)















Anglia Smarttech Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Anglia Smarttech Limited (Registered number: 09479442)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Anglia Smarttech Limited

Company Information
for the Year Ended 31 March 2024







Director: A G Sutherland





Registered office: 5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP





Registered number: 09479442 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

Anglia Smarttech Limited (Registered number: 09479442)

Statement of Financial Position
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 919 1,081

Current assets
Debtors 5 63,019 53,670
Cash at bank and in hand 33,368 49,723
96,387 103,393
Creditors
Amounts falling due within one year 6 112,405 69,663
Net current (liabilities)/assets (16,018 ) 33,730
Total assets less current liabilities (15,099 ) 34,811

Creditors
Amounts falling due after more than one
year

7

31,065

36,362
Net liabilities (46,164 ) (1,551 )

Capital and reserves
Called up share capital 10 10
Retained earnings (46,174 ) (1,561 )
(46,164 ) (1,551 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 August 2025 and were signed by:



A G Sutherland - Director


Anglia Smarttech Limited (Registered number: 09479442)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Anglia Smarttech Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
a) the company has transferred to the buyer the significant risks and rewards of ownership;
b) the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
c) the amount of revenue can be measured reliably
d) it is probable that the economic benefits associated with the transaction will flow to the company; and
e) the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Anglia Smarttech Limited (Registered number: 09479442)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 April 2023
and 31 March 2024 2,700
Depreciation
At 1 April 2023 1,619
Charge for year 162
At 31 March 2024 1,781
Net book value
At 31 March 2024 919
At 31 March 2023 1,081

Anglia Smarttech Limited (Registered number: 09479442)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. Debtors
31/3/24 31/3/23
£    £   
Amounts falling due within one year:
Trade debtors - 24,502
Amounts owed by associates 472 -
Other debtors 42,480 22,339
42,952 46,841

Amounts falling due after more than one year:
Other debtors 20,067 6,829

Aggregate amounts 63,019 53,670

6. Creditors: amounts falling due within one year
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 5,086 5,165
Trade creditors 2,653 12,594
Amounts owed to associates - 3,815
Taxation and social security 88,027 35,205
Other creditors 16,639 12,884
112,405 69,663

7. Creditors: amounts falling due after more than one year
31/3/24 31/3/23
£    £   
Bank loans 31,065 36,362

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,402 15,255

8. Leasing agreements

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31/3/24 31/3/23
£    £   
A G Sutherland
Balance outstanding at start of year 14,285 (4,848 )
Amounts advanced 27,024 39,830
Amounts repaid (10,710 ) (20,697 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,599 14,285