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REGISTERED NUMBER: 11314137 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 30 April 2025

for

R Smith Holdings Limited

R Smith Holdings Limited (Registered number: 11314137)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

R Smith Holdings Limited

Company Information
for the Year Ended 30 April 2025







DIRECTOR: Dr R J Smith





REGISTERED OFFICE: 2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR





REGISTERED NUMBER: 11314137 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

R Smith Holdings Limited (Registered number: 11314137)

Balance Sheet
30 April 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investments 4 787 -
Investment property 5 470,000 458,000
470,787 458,000

CURRENT ASSETS
Cash at bank 348 299

CREDITORS
Amounts falling due within one year 6 (16,993 ) (10,758 )
NET CURRENT LIABILITIES (16,645 ) (10,459 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

454,142

447,541

CREDITORS
Amounts falling due after more than one
year

7

(287,863

)

(383,120

)

PROVISIONS FOR LIABILITIES 9 (26,971 ) (23,971 )
NET ASSETS 139,308 40,450

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 80,914 71,914
Retained earnings 58,294 (31,564 )
139,308 40,450

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

R Smith Holdings Limited (Registered number: 11314137)

Balance Sheet - continued
30 April 2025


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 10 July 2025 and were signed by:





Dr R J Smith - Director


R Smith Holdings Limited (Registered number: 11314137)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

R Smith Holdings 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

R Smith Holdings Limited (Registered number: 11314137)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 787
At 30 April 2025 787
NET BOOK VALUE
At 30 April 2025 787

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2024 458,000
Revaluations 12,000
At 30 April 2025 470,000
NET BOOK VALUE
At 30 April 2025 470,000
At 30 April 2024 458,000

Fair value at 30 April 2025 is represented by:
£   
Valuation in 2021 50,115
Valuation in 2022 120,000
Valuation in 2024 7,000
Valuation in 2025 12,000
Cost 280,885
470,000

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 362,115 362,115

Investment property was valued on an open market basis on 30 April 2025 by the director .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 15,129 9,523
Trade creditors 210 185
Other creditors 34 -
Accrued expenses 1,620 1,050
16,993 10,758

R Smith Holdings Limited (Registered number: 11314137)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans > 1 year 228,402 229,162
Directors' loan accounts 59,461 153,958
287,863 383,120

8. FINANCIAL INSTRUMENTS

Bank loans are initially measured at cost.

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 26,971 23,971

Deferred
tax
£   
Balance at 1 May 2024 23,971
Revaluation 3,000
Balance at 30 April 2025 26,971

10. RESERVES
Revaluation
reserve
£   
At 1 May 2024 71,914
Revaluation 9,000

At 30 April 2025 80,914

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 2024
£    £   
Dr R J Smith
Balance outstanding at start of year 153,958 153,958
Amounts advanced 8,503 18,800
Amounts repaid (103,000 ) (18,800 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 59,461 153,958

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr R J Smith.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
R Smith Holdings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R Smith Holdings Limited for the year ended 30 April 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of R Smith Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R Smith Holdings Limited and state those matters that we have agreed to state to the director of R Smith Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R Smith Holdings Limited and its director for our work or for this report.

It is your duty to ensure that R Smith Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R Smith Holdings Limited. You consider that R Smith Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R Smith Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................