SMET BUILDING PRODUCTS LIMITED

Company Registration Number:
07193159 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SMET BUILDING PRODUCTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

SMET BUILDING PRODUCTS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 79,862 79,862
Tangible assets: 4 575,940 470,357
Total fixed assets: 655,802 550,219
Current assets
Stocks: 45,889 84,828
Debtors:   386,393 310,586
Cash at bank and in hand: 68,354 47,958
Total current assets: 500,636 443,372
Creditors: amounts falling due within one year:   (798,436) (711,847)
Net current assets (liabilities): (297,800) (268,475)
Total assets less current liabilities: 358,002 281,744
Creditors: amounts falling due after more than one year:   (188,353) (143,750)
Provision for liabilities: (87,645) (72,840)
Total net assets (liabilities): 82,004 65,154
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 82,000 65,150
Shareholders funds: 82,004 65,154

The notes form part of these financial statements

SMET BUILDING PRODUCTS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 September 2025
and signed on behalf of the board by:

Name: Joris Smet
Status: Director

The notes form part of these financial statements

SMET BUILDING PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: Plant and machinery - 20% reducing balance Fixtures, fittings and equipment - 20% reducing balance Motor vehicles - 20% reducing balance The carrying value of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

SMET BUILDING PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 7 7

SMET BUILDING PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 79,862
At 31 March 2025 79,862
Net book value
At 31 March 2025 79,862
At 31 March 2024 79,862

SMET BUILDING PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 1,197,902
Additions 196,660
At 31 March 2025 1,394,562
Depreciation
At 01 April 2024 727,545
Charge for year 91,077
At 31 March 2025 818,622
Net book value
At 31 March 2025 575,940
At 31 March 2024 470,357