SM IDC LIMITED 15368524 false 2023-12-22 2024-12-31 2024-12-31 The principal activity of the company is Engineering related scientific and technical consulting activities Digita Accounts Production Advanced 6.30.9574.0 true true 15368524 2023-12-22 2024-12-31 15368524 2024-12-31 15368524 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-12-31 15368524 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15368524 bus:SmallEntities 2023-12-22 2024-12-31 15368524 bus:AuditExemptWithAccountantsReport 2023-12-22 2024-12-31 15368524 bus:FilletedAccounts 2023-12-22 2024-12-31 15368524 bus:SmallCompaniesRegimeForAccounts 2023-12-22 2024-12-31 15368524 bus:RegisteredOffice 2023-12-22 2024-12-31 15368524 bus:Director1 2023-12-22 2024-12-31 15368524 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-12-22 2024-12-31 15368524 bus:PrivateLimitedCompanyLtd 2023-12-22 2024-12-31 15368524 countries:England 2023-12-22 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15368524

SM IDC LIMITED
Unaudited Filleted Financial Statements
for the Period from 22 December 2023 to 31 December 2024

SM IDC LIMITED

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 4

SM IDC LIMITED

Company Information

Director | Mr Muhammad Sulaiman Mirza

Registered office | 2 Minorca Grove, Shenley Brook End Milton Keynes MK5 7FU

Accountants | Clever Accounts Ltd Brookfield Court Selby Road Garforth, Leeds LS25 1NB

SM IDC LIMITED

(Registration number: 15368524)
Balance Sheet as at 31 December 2024

| Note | 2024 £
Current assets |  |
Cash at bank and in hand |  | 13,091
Creditors: Amounts falling due within one year |  | (5,916)
Net assets |  | 7,175
Capital and reserves |  |
Called up share capital | 4 | 1
Retained earnings |  | 7,174
Shareholders' funds |  | 7,175

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 September 2025

.........................................

Mr Muhammad Sulaiman Mirza
Director

SM IDC LIMITED

Notes to the Unaudited Financial Statements for the Period from 22 December 2023 to 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
2 Minorca Grove,
Shenley Brook End
Milton Keynes
MK5 7FU
United Kingdom

These financial statements were authorised for issue by the director on 9 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

SM IDC LIMITED

Notes to the Unaudited Financial Statements for the Period from 22 December 2023 to 31 December 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Share capital

Allotted, called up and fully paid shares

| 2024
| No. | £
Ordinary shares of £1 each | 1 | 1