2024-04-01 SC511702 2025-03-31 SC511702 2024-04-01 2025-03-31 SC511702 2024-03-31 SC511702 2023-04-01 2024-03-31 SC511702 uk-core:WithinOneYear 2024-03-31 SC511702 uk-core:WithinOneYear 2025-03-31 SC511702 uk-core:ShareCapital 2025-03-31 SC511702 uk-core:ShareCapital 2024-03-31 SC511702 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC511702 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC511702 uk-bus:Director1 2024-04-01 2025-03-31 SC511702 uk-core:PlantMachinery 2024-04-01 2025-03-31 SC511702 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 SC511702 uk-core:CommercialMotorVehicles 2024-03-31 SC511702 uk-core:PlantMachinery 2024-03-31 SC511702 uk-core:PlantMachinery 2025-03-31 SC511702 uk-core:CommercialMotorVehicles 2025-03-31 SC511702 uk-core:WithinOneYear 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure SC511702 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC511702 uk-bus:FRS102 2024-04-01 2025-03-31 SC511702 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 SC511702 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31

SM Machine Repairs Ltd

Registered Number:SC 511702

For the year ended 31 March 2025
Scotland
Unaudited Financial Statements

2

Registered Number :

SC511702

As at 31 March 2025

SM Machine Repairs Ltd
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Property, plant and equipment

5,273
5,745
2
5,273
5,745

Current assets

Trade and other receivables

18,603
17,844
3
29,689

Cash and cash equivalents

36,143
53,987
48,292

Trade and other payables: amounts falling due within one
year

(13,971)
(21,554)
4
34,321
32,433
Net current assets

Total assets less current liabilities

37,706
40,066
37,706
Net assets
40,066

Capital and reserves

Called up share capital

100
100

Retained earnings

37,606
39,966
37,706
40,066
Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Simon Murray Director

These financial statements were approved and authorised for issue by the Board on 19 October 2025 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2025
SM Machine Repairs Ltd
Notes to the Financial Statements
Statutory Information

SM Machine Repairs Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC 511702.

Registered address:

416 Glasgow Road
Paisley
PA1 3BE

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

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

Property, plant and equipment

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:

Plant and machinery

20 Reducing balance

20 Reducing balance

Motor vehicles

2. Property, plant and equipment

Total

Motor vehicles

Plant and
machinery

£

£

£

Cost or
valuation

At 01 April 2024

14,047
12,711
1,336
846
-
846

Additions

At 31 March 2025

2,182
12,711
14,893

Provision for depreciation and impairment

At 01 April 2024

8,302
7,505
797
Charge for year
1,318
1,041
277

At 31 March 2025

9,620
8,546
1,074

At 31 March 2025

Net book value

1,108
4,165
5,273

At 31 March 2024

539
5,206
5,745
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4
For the year ended 31 March 2025
SM Machine Repairs Ltd
Notes to the Financial Statements Continued

3. Trade and other receivables

2024
2025

£

£

Trade debtors

17,844
18,603

Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.

4. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Trade creditors

4,537
1,774

Taxation and social security

11,940
9,999

Other creditors

5,077
2,198
21,554
13,971

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

5. Average number of persons employed

During the year the average number of employees was 1 (2024 : 1)
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