REGISTERED NUMBER: 06367245

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Smartmaster Trade Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Dawes

SECRETARY:

A F Keeves

REGISTERED OFFICE:

First Floor

9A, Magazine B, Ordnance Yard

Upnor Road, Lower Upnor

Rochester

Kent

ME2 4UY

REGISTERED NUMBER:

06367245

ACCOUNTANTS:

I.B.C.

First Floor, 9A, Magazine B,

Ordnance Yard, Upnor Road,

Lower Upnor,

Rochester

Kent

ME2 4UY

FIXED ASSETS

Tangible assets

4

23,793

18,974

Investments

5

63

63

23,856

19,037

CURRENT ASSETS

Stocks

23,250

25,475

Debtors

6

2,158

1,725

Cash at bank

116,698

114,712

142,106

141,912

CREDITORS

Amounts falling due within one year

7

43,682

62,614

NET CURRENT ASSETS

98,424

79,298

TOTAL ASSETS LESS CURRENT LIABILITIES

122,280

98,335

CREDITORS

Amounts falling due after more than one year

8

13,851

23,570

NET ASSETS

108,429

74,765

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

108,329

74,665

SHAREHOLDERS' FUNDS

108,429

74,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

R Dawes - Director

1.	STATUTORY INFORMATION

Smartmaster Trade Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

27,169

5,000

31,500

220

63,889

Additions

-

-

12,750

-

12,750

At 31 July 2025

27,169

5,000

44,250

220

76,639

DEPRECIATION

At 1 August 2024

26,465

4,489

13,744

217

44,915

Charge for year

176

128

7,626

1

7,931

At 31 July 2025

26,641

4,617

21,370

218

52,846

NET BOOK VALUE

At 31 July 2025

528

383

22,880

2

23,793

At 31 July 2024

704

511

17,756

3

18,974

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.7.25

31.7.24

£

£

Formation Costs

63

63

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

2,158

1,725

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

(12,000

)

(12,000

)

Trade creditors

10,530

9,505

Tax

12,803

5,408

VAT

15,203

12,436

Directors' loan accounts

10,246

40,665

Accruals and deferred income

6,900

6,600

43,682

62,614

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans - 2-5 years

13,851

23,570