Registered number
12930096
SMILE PROMOTIONS LIMITED
Filleted Accounts
31 March 2025
SMILE PROMOTIONS LIMITED
Registered number: 12930096
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 82 164
Current assets
Debtors 4 45,507 52,391
Cash at bank and in hand 10,796 180,062
56,303 232,453
Creditors: amounts falling due within one year 5 (31,576) (131,061)
Net current assets 24,727 101,392
Net assets 24,809 101,556
Capital and reserves
Called up share capital 100 100
Profit and loss account 24,709 101,456
Shareholder's funds 24,809 101,556
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sarah Lord
Director
Approved by the board on 15 August 2025
SMILE PROMOTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern basis
The accounts have been prepared on a going concern basis assuming continued financila support by the directors and shareholders.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 328
At 31 March 2025 328
Depreciation
At 1 April 2024 164
Charge for the year 82
At 31 March 2025 246
Net book value
At 31 March 2025 82
At 31 March 2024 164
4 Debtors 2025 2024
£ £
Trade debtors 33,158 52,291
Other debtors 12,349 100
45,507 52,391
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 27,555 46,019
Taxation and social security costs 2,521 78,422
Other creditors 1,500 6,620
31,576 131,061
6 Other information
SMILE PROMOTIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
99 Long Street
Middleton
M24 6UN
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