Company Registration No. 5330590 (England and Wales)
SMC Drylining Limited
Unaudited accounts
for the year ended 31 March 2025
SMC Drylining Limited
Unaudited accounts
Contents
SMC Drylining Limited
Company Information
for the year ended 31 March 2025
Company Number
5330590 (England and Wales)
Registered Office
97 MASON WAY
SHEPTON MALLET
SOMERSET
BA4 5SP
Accountants
BMG Accountancy Services Ltd
5 Commercial Road
Shepton Mallet
Somerset
BA4 5BU
SMC Drylining Limited
Accountants' report
Accountants' report to the director of SMC Drylining Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SMC Drylining Limited for the year ended
31 March 2025 as set out on pages
5 -
7 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 SMC Drylining Limited, as a body, in accordance with the terms of our engagement letter dated 18 December 2017. Our work has been undertaken solely to prepare for your approval the accounts of SMC Drylining Limited 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 SMC Drylining Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SMC Drylining Limited 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 SMC Drylining Limited. You consider that SMC Drylining Limited 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 SMC Drylining Limited. 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.
BMG Accountancy Services Ltd
5 Commercial Road
Shepton Mallet
Somerset
BA4 5BU
15 October 2025
SMC Drylining Limited
Statement of financial position
as at 31 March 2025
Intangible assets
25,870
25,870
Tangible assets
66,470
17,748
Cash at bank and in hand
53,365
97,215
Creditors: amounts falling due within one year
(355,363)
(301,551)
Net current liabilities
(34,207)
(95,799)
Total assets less current liabilities
58,133
(52,181)
Creditors: amounts falling due after more than one year
(4,155)
(9,153)
Net assets/(liabilities)
53,978
(61,334)
Called up share capital
1
1
Profit and loss account
53,977
(61,335)
Shareholders' funds
53,978
(61,334)
For the year ending 31 March 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 15 October 2025 and were signed on its behalf by
Mr Shaun Crook
Director
Company Registration No. 5330590
SMC Drylining Limited
Notes to the Accounts
for the year ended 31 March 2025
SMC Drylining Limited is a private company, limited by shares, registered in England and Wales, registration number 5330590. The registered office is 97 MASON WAY, SHEPTON MALLET, SOMERSET, BA4 5SP.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
SMC Drylining Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
4,467
176,028
180,495
At 31 March 2025
4,467
246,907
251,374
At 1 April 2024
4,027
158,720
162,747
Charge for the year
110
22,047
22,157
At 31 March 2025
4,137
180,767
184,904
At 31 March 2025
330
66,140
66,470
At 31 March 2024
440
17,308
17,748
Amounts falling due within one year
Trade debtors
171,864
58,802
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
149,194
64,906
Obligations under finance leases and hire purchase contracts
4,998
4,998
Trade creditors
96,923
83,837
Taxes and social security
-
42,090
Other creditors
5,000
5,000
Loans from directors
99,248
100,720
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,155
9,153
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).