REGISTERED NUMBER: 05042242 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HR SMART LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs H Rush

SECRETARY:

J P Rush

REGISTERED OFFICE:

197 Brighton Road

Lancing

West Sussex

BN15 8JB

REGISTERED NUMBER:

05042242 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Intangible assets

3

945

1,445

Tangible assets

4

2,442

3,953

3,387

5,398

CURRENT ASSETS

Debtors

5

21,520

21,023

Cash at bank

103,997

99,896

125,517

120,919

CREDITORS

Amounts falling due within one year

6

(44,890

)

(35,980

)

NET CURRENT ASSETS

80,627

84,939

TOTAL ASSETS LESS CURRENT LIABILITIES

84,014

90,337

CREDITORS

Amounts falling due after more than one year

7

(2,500

)

(7,500

)

PROVISIONS FOR LIABILITIES

-

(661

)

NET ASSETS

81,514

82,176

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

80,514

81,176

81,514

82,176

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

Mrs H Rush - Director

1.	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 represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Computer software

Computer software is being amortised on a straight line basis over its estimated useful life of 5 years.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on cost

Taxation

Taxation for the year comprises current tax payable. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

3.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2024

and 31 March 2025

7,453

AMORTISATION

At 1 April 2024

6,008

Amortisation for year

500

At 31 March 2025

6,508

NET BOOK VALUE

At 31 March 2025

945

At 31 March 2024

1,445

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,284

9,726

2,145

13,155

DEPRECIATION

At 1 April 2024

687

6,842

1,673

9,202

Charge for year

72

1,075

364

1,511

At 31 March 2025

759

7,917

2,037

10,713

NET BOOK VALUE

At 31 March 2025

525

1,809

108

2,442

At 31 March 2024

597

2,884

472

3,953

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,383

15,930

Prepayments

3,137

5,093

21,520

21,023

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

3,599

3,710

Tax

25,704

19,277

VAT

9,426

7,069

Accrued expenses

1,161

924

44,890

35,980

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,500

5,000

Bank loans - 2-5 years

-

2,500

2,500

7,500