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REGISTERED NUMBER: 04710621 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Smart Mortgage Group Limited

| Smart Mortgage Group Limited (Registered number: 04710621) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Smart Mortgage Group Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | Jay Mehta

| REGISTERED OFFICE: | 135 Shakespeare Avenue

| Hayes

| Middlesex

| UB4 0BQ

| REGISTERED NUMBER: | 04710621 (England and Wales)

| Smart Mortgage Group Limited (Registered number: 04710621) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 58,599 |  | 60,450 |  |

CURRENT ASSETS

Cash at bank | 39,292 |  | 46,181 |  |

CREDITORS

Amounts falling due within one year | 5 | 25,326 |  | 27,854 |  |

NET CURRENT ASSETS | 13,966 |  | 18,327 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 72,565 |  | 78,777 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 5,501 |  | 11,178 |  |

NET ASSETS | 67,064 |  | 67,599 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 100 |  | 100 |  |

Retained earnings | 8 | 66,964 |  | 67,499 |  |

SHAREHOLDERS' FUNDS | 67,064 |  | 67,599 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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 Sections 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.

The 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.

The financial statements were approved by the director and authorised for issue on 30 April 2025 and were signed by:

Jay Mehta - Director

| Smart Mortgage Group Limited (Registered number: 04710621) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Smart Mortgage Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with the provision of Section 1A "Small Entities" 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 historic cost convention.

| The following principal accounting policies have been applied:

| Revenue

| Revenue is recognised to the extent that it is probable that the economic benefit will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide service is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - the amount of turnover can be measured reliably;

| - It is probable that the Company will receive the consideration due under the contract ;

| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and

| - the costs incurred and the costs to complete the contract can be measured reliably.

| Revenue is recognised when services are rendered.

| Tangible fixed assets

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefit to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance charged to the Statement of comprehensive income during the year in which they are incurred.

| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

| Depreciation is provided on the following basis:

| Improvements to property - not provided

| Plant and machinery -25% on reducing balance

| Fixture and fittings -25% on reducing balance

| The asset's residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from bank and other third parties, loan to related parties and investments in non-puttable ordinary shares.

| Smart Mortgage Group Limited (Registered number: 04710621) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| Debtors

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

| Creditors

| Short term trade 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.

| Cash and cash equivalents

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in life.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

| Smart Mortgage Group Limited (Registered number: 04710621) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |

| property |  | machinery |  | fittings |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 53,050 |  | 10,887 |  | 44,629 |  | 108,566 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 7,586 |  | 40,530 |  | 48,116 |  |

| Charge for year | - |  | 826 |  | 1,025 |  | 1,851 |  |

| At 31 March 2025 | - |  | 8,412 |  | 41,555 |  | 49,967 |  |

| NET BOOK VALUE

| At 31 March 2025 | 53,050 |  | 2,475 |  | 3,074 |  | 58,599 |  |

| At 31 March 2024 | 53,050 |  | 3,301 |  | 4,099 |  | 60,450 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Tax | 2,850 |  | 3,546 |  |

| Social security and other taxes | 165 |  | 96 |  |

| Directors' current accounts | 10,152 |  | 12,713 |  |

| Accruals and deferred income | 12,159 |  | 11,499 |  |

25,326 |  | 27,854 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | 5,501 |  | 11,178 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

8. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2024 | 67,499 |  |

| Profit for the year | 11,965 |  |

| Dividends | (12,500 | ) |

| At 31 March 2025 | 66,964 |  |

| Smart Mortgage Group Limited (Registered number: 04710621) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | RELATED PARTY DISCLOSURES

| Included in the creditors at the year end is an amount owed to Mr Jay Mehta, of £10,152 (2024 - £12,713).

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is Jay Mehta.