Smart Communications (SW) LTD

Registered Number: 07305933 Smart Communications (SW) LTD
Statement of Financial Position
As at 31 July 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	1,572	2,552
		1,572	2,552
Current assets
Debtors: amounts falling due within one year		129,238	93,423
Cash at bank and in hand		(685)	(469)
		128,553	92,954
Creditors: amount falling due within one year		(110,959)	(75,453)
Net current assets		17,594	17,501

Total assets less current liabilities		19,166	20,053
Creditors: amount falling due after more than one year		(6,538)	(9,834)
Net assets		12,628	10,219

Capital and reserves
Called up share capital	4	4	4
Profit and loss account		12,624	10,215
Shareholders' funds		12,628	10,219

For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the director on 30 October 2025 and were signed by:

-------------------------------
Anthony Bowden
Director

Smart Communications (SW) LTD
Notes to the Abridged Financial Statements
For the year ended 31 July 2024

General Information

Smart Communications (SW) LTD is a private company, limited by shares, registered in England and Wales, registration number 07305933, registration address 53 Henry Road, Gloucester, Kingsholm, GL1 3DX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Straight Line
Computer Equipment	25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 1 (2023 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 August 2023	4,612	17,668	22,280
Additions	-	-	-
Disposals	-	-	-
At 31 July 2024	4,612	17,668	22,280
Depreciation
At 01 August 2023	3,866	15,862	19,728
Charge for year	529	451	980
On disposals	-	-	-
At 31 July 2024	4,395	16,313	20,708
Net book values
Closing balance as at 31 July 2024	217	1,355	1,572
Opening balance as at 01 August 2023	746	1,806	2,552

Share Capital

Allotted, called up and fully paid	2024 £	2023 £
2 Class A shares of £1.00 each	2	2
2 Class B shares of £1.00 each	2	2
	4	4

5.	Dividends During the year the dividends were paid as follows: Mr A Bowden £2,000 (2023: £2,000)

6.	Ultimate Controlling Party The company is under the control of the director Mr T Bowden by virtue of his share capital.

Registered Number: 07305933
England and Wales
Abridged Accounts

for the year ended 31 July 2024
for
SMART COMMUNICATIONS (SW) LTD