Smarter Technologies Limited


Director	John Stewart Miller


Registered Address	Unit 1 Broadfield Industrial Estate
	Seymour Street
	Heywood
	OL10 3AJ


Registered Number	07172781 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		5,344		11,306
			5,344		11,306
Current assets
Stocks		2,951		20,135
Debtors	5	3,321		9,744
Cash at bank and on hand		133,837		152,728
		140,109		182,607
Creditors amounts falling due within one year	6	(9,922)		(27,154)
Net current assets (liabilities)			130,187		155,453
Total assets less current liabilities			135,531		166,759
Provisions for liabilities			(1,336)		(2,827)
Net assets			134,195		163,932
Capital and reserves
Called up share capital			100		100
Profit and loss account			134,095		163,832
Shareholders' funds			134,195		163,932

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Director on 17 October 2025, and are signed on its behalf by:

John Stewart Miller
Director
Registered Company No. 07172781

Smarter Technologies Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company&amp;amp;apos;s pension scheme are charged to profit or loss in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible Assets are amortised over their expected useful economic life of 4 years.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Government grants or assistance
	Government grants are credited to the profit and loss account in the period in which they are received.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		3

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 April 24	20,000
	Amortisation and impairment
	At 01 April 24	20,000
	Net book value
	At 31 March 25	-
	At 31 March 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	23,861
	Additions	1
	Disposals	(13,049)
	At 31 March 25	10,813
	Depreciation and impairment
	At 01 April 24	12,555
	Charge for year	988
	On disposals	(8,074)
	At 31 March 25	5,469
	Net book value
	At 31 March 25	5,344
	At 31 March 24	11,306

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,497	8,973
Other debtors	500	500
Prepayments and accrued income	324	271
Total	3,321	9,744

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,941	18,953
Taxation and social security	2,793	7,013
Accrued liabilities and deferred income	1,188	1,188
Total	9,922	27,154