REGISTERED NUMBER: 12976768 (United Kingdom)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

SMART GIFT VOUCHER LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

3,075

5,125

CURRENT ASSETS

Debtors

5

125,713

36,111

Cash at bank

13,270

1,180

138,983

37,291

CREDITORS

Amounts falling due within one year

6

363,300

201,548

NET CURRENT LIABILITIES

(224,317

)

(164,257

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(221,242

)

(159,132

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(221,342

)

(159,232

)

(221,242

)

(159,132

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr D Green - Director

1.	STATUTORY INFORMATION

Smart Gift Voucher Ltd is a private company, limited by shares , registered in United Kingdom. The company's registered number and registered office address are as below:

Registered number:

12976768

Registered office:

c/o Advantage Accountancy & Advisory Ltd

Second Floor, Avalon House

5-7 Cathedral Road

Cardiff

CF11 9HA

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.

Computer equipment

-

20% Straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

10,250

DEPRECIATION

At 1 January 2024

5,125

Charge for year

2,050

At 31 December 2024

7,175

NET BOOK VALUE

At 31 December 2024

3,075

At 31 December 2023

5,125

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

8,536

5,137

Other debtors

64,610

1,263

Deferred tax asset

52,241

29,445

Prepayments and accrued income

326

266

125,713

36,111

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

6,097

1,108

Social security and other taxes

4,137

518

Other creditors

351,641

198,572

Accruals and deferred income

1,425

1,350

363,300

201,548

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal value:

2024

2023

£

£

55

Ordinary A

£1

55

55

20

Ordinary B

£1

20

20

5

Ordinary C

£1

5

5

10

Ordinary D

£1

10

10

10

Ordinary E

£1

10

10

100

100

8.	PARENT AND ULTIMATE PARENT UNDERTAKING

The company's immediate and ultimate parent is Llampha Capital Ltd, incorporated in England and Wales.

These financial statements are available upon request from Unit 25 Merton Buildings Glandwr Industrial Estate Aberbeeg Abertillery NP13 2LN.

There is no ultimate controlling party.