Company Registration No. 12918174 (England and Wales)
Smart Home Imp Ltd
Unaudited accounts
for the year ended 31 May 2025
Smart Home Imp Ltd
Unaudited accounts
Contents
Smart Home Imp Ltd
Company Information
for the year ended 31 May 2025
Company Number
12918174 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Smart Home Imp Ltd
Accountants' report
Accountants' report to the director of Smart Home Imp Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Smart Home Imp Ltd for the year ended
31 May 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Smart Home Imp Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Smart Home Imp Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Smart Home Imp Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Smart Home Imp Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Smart Home Imp Ltd. You consider that Smart Home Imp Ltd 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 accounts of Smart Home Imp Ltd. 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 accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
25 June 2025
Smart Home Imp Ltd
Statement of financial position
as at 31 May 2025
Intangible assets
6,600
7,700
Tangible assets
6,164
8,685
Cash at bank and in hand
13,135
11,054
Creditors: amounts falling due within one year
(44,912)
(33,666)
Net current liabilities
(12,496)
(12,971)
Called up share capital
2
2
Profit and loss account
266
3,412
Shareholders' funds
268
3,414
For the year ending 31 May 2025 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 25 June 2025 and were signed on its behalf by
J Francis
Director
Company Registration No. 12918174
Smart Home Imp Ltd
Notes to the Accounts
for the year ended 31 May 2025
Smart Home Imp Ltd is a private company, limited by shares, registered in England and Wales, registration number 12918174. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
10% Straight Line
4
Intangible fixed assets
Goodwill
Smart Home Imp Ltd
Notes to the Accounts
for the year ended 31 May 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2024
17,266
3,500
20,766
At 31 May 2025
17,266
3,500
20,766
At 1 June 2024
9,981
2,100
12,081
Charge for the year
1,821
700
2,521
At 31 May 2025
11,802
2,800
14,602
At 31 May 2025
5,464
700
6,164
At 31 May 2024
7,285
1,400
8,685
Amounts falling due within one year
Other debtors
12,229
9,641
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,922
-
Taxes and social security
25,328
22,559
Loans from directors
(13,000)
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan account
-
(77,921)
(90,921)
13,000
Smart Home Imp Ltd
Notes to the Accounts
for the year ended 31 May 2025
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).