1 February 2024 false Taxfiler 2024.6 09373562 business:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09373562 2024-01-31 09373562 2024-02-01 2025-01-31 09373562 business:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09373562 business:FilletedAccounts 2024-02-01 2025-01-31 09373562 2025-01-31 09373562 business:Director1 2024-02-01 2025-01-31 09373562 business:RegisteredOffice 2024-02-01 2025-01-31 09373562 2024-01-31 09373562 core:WithinOneYear 2025-01-31 09373562 core:WithinOneYear 2024-01-31 09373562 core:ShareCapital core:PreviouslyStatedAmount 2025-01-31 09373562 core:ShareCapital core:PreviouslyStatedAmount 2024-01-31 09373562 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-01-31 09373562 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-01-31 09373562 core:PreviouslyStatedAmount 2025-01-31 09373562 core:PreviouslyStatedAmount 2024-01-31 09373562 business:SmallEntities 2024-02-01 2025-01-31 09373562 countries:EnglandWales 2024-02-01 2025-01-31 09373562 core:MotorVehicles 2024-02-01 2025-01-31 09373562 core:MotorVehicles 2024-01-31 09373562 core:MotorVehicles 2025-01-31 09373562 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09373562 (England and Wales)
SMA AUTOMOTIVE LTD Unaudited accounts for the year ended 31 January 2025
SMA AUTOMOTIVE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SMA AUTOMOTIVE LTD Company Information for the year ended 31 January 2025
Director
Mr Stuart Eden
Company Number
09373562 (England and Wales)
Registered Office
12 MARLBOROUGH AVE HAWARDEN DEESIDE CLWYD CH5 3SA UK
Accountants
RJB Accountancy Services 78 Mold Road Mynydd Isa Flintshire CH7 6TF
- 3 -
SMA AUTOMOTIVE LTD Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,435
13,270
Current assets
Cash at bank and in hand
340
-
Creditors: amounts falling due within one year
5
(3,186)
(8,254)
Net current liabilities
(2,846)
(8,254)
Net assets
4,589
5,016
Capital and reserves
Called up share capital
100
100
Profit and loss account
4,489
4,916
Shareholders' funds
4,589
5,016
For the year ending 31 January 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 14 October 2025 and were signed on its behalf by
Mr Stuart Eden Director Company Registration No. 09373562
- 4 -
SMA AUTOMOTIVE LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
SMA AUTOMOTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 09373562. The registered office is 12 MARLBOROUGH AVE, HAWARDEN, DEESIDE, CLWYD , CH5 3SA, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
10% straight line.
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 February 2024
21,900
Disposals
(8,000)
At 31 January 2025
13,900
Depreciation
At 1 February 2024
8,630
Charge for the year
2,085
On disposals
(4,250)
At 31 January 2025
6,465
Net book value
At 31 January 2025
7,435
At 31 January 2024
13,270
- 5 -
SMA AUTOMOTIVE LTD Notes to the Accounts for the year ended 31 January 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
38
Obligations under finance leases and hire purchase contracts
2,436
7,466
Accruals
750
750
3,186
8,254
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -