1 January 2024 false No description of principal activity Taxfiler 2024.6 12350778business:PrivateLimitedCompanyLtd2024-01-012024-12-31 123507782023-12-31 123507782024-01-012024-12-31 12350778business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 12350778business:FilletedAccounts2024-01-012024-12-31 123507782024-12-31 12350778business:Director12024-01-012024-12-31 12350778business:RegisteredOffice2024-01-012024-12-31 123507782023-12-31 12350778core:WithinOneYear2024-12-31 12350778core:WithinOneYear2023-12-31 12350778core:AfterOneYear2024-12-31 12350778core:AfterOneYear2023-12-31 12350778core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12350778core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12350778core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12350778core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12350778core:PreviouslyStatedAmount2024-12-31 12350778core:PreviouslyStatedAmount2023-12-31 12350778business:SmallEntities2024-01-012024-12-31 12350778countries:EnglandWales2024-01-012024-12-31 12350778core:ComputerEquipment2024-01-012024-12-31 12350778core:PlantMachinery2023-12-31 12350778core:MotorVehicles2023-12-31 12350778core:ComputerEquipment2023-12-31 12350778core:PlantMachinery2024-12-31 12350778core:MotorVehicles2024-12-31 12350778core:ComputerEquipment2024-12-31 12350778core:PlantMachinery2024-01-012024-12-31 12350778core:MotorVehicles2024-01-012024-12-31 123507782023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12350778 (England and Wales)
Smooth Papers Ltd Unaudited accounts for the year ended 31 December 2024
Smooth Papers Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Smooth Papers Ltd Company Information for the year ended 31 December 2024
Director
Pulkit Valand
Company Number
12350778 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ
Accountants
Smooth Feathers Accountants 268 Bath Road Slough SL1 4DX
- 3 -
Smooth Papers Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,612 
10,538 
Current assets
Inventories
64,655 
49,980 
Debtors
5
11,826 
7,962 
Cash at bank and in hand
429 
2,185 
76,910 
60,127 
Creditors: amounts falling due within one year
6
(160,022)
(99,067)
Net current liabilities
(83,112)
(38,940)
Total assets less current liabilities
(75,500)
(28,402)
Creditors: amounts falling due after more than one year
7
(17,907)
(29,968)
Net liabilities
(93,407)
(58,370)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(93,507)
(58,470)
Shareholders' funds
(93,407)
(58,370)
For the year ending 31 December 2024 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 10 July 2025 and were signed on its behalf by
Pulkit Valand Director Company Registration No. 12350778
- 4 -
Smooth Papers Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Smooth Papers Ltd is a private company, limited by shares, registered in England and Wales, registration number 12350778. The registered office is 71-75 Shelton Street, London, WC2H 9JQ.
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:
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
1,873 
12,995 
469 
15,337 
At 31 December 2024
1,873 
12,995 
469 
15,337 
Depreciation
At 1 January 2024
1,046 
3,508 
245 
4,799 
Charge for the year
469 
2,340 
117 
2,926 
At 31 December 2024
1,515 
5,848 
362 
7,725 
Net book value
At 31 December 2024
358 
7,147 
107 
7,612 
At 31 December 2023
827 
9,487 
224 
10,538 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,020 
35 
Other debtors
1,806 
7,927 
11,826 
7,962 
- 5 -
Smooth Papers Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(4,408)
5,709 
Trade creditors
101,436 
42,203 
Taxes and social security
2,410 
- 
Other creditors
12,641 
19,500 
Loans from directors
47,943 
31,655 
160,022 
99,067 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,407 
22,468 
Loans from directors
1,500 
7,500 
17,907 
29,968 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -