REGISTERED NUMBER: 11781017 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

S C SMITH HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Smith

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

11781017 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

947,686

846,025

CURRENT ASSETS

Debtors

5

1,295

3,475

Cash at bank and in hand

239

2,434

1,534

5,909

CREDITORS

Amounts falling due within one year

6

35,293

32,385

NET CURRENT LIABILITIES

(33,759

)

(26,476

)

TOTAL ASSETS LESS CURRENT LIABILITIES

913,927

819,549

CREDITORS

Amounts falling due after more than one year

7

838,184

761,519

NET ASSETS

75,743

58,030

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

75,643

57,930

SHAREHOLDERS' FUNDS

75,743

58,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 29 November 2025 and were signed by:

D Smith - Director

1.	STATUTORY INFORMATION

S C SMITH HOLDINGS 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 March 2024

846,025

Additions

101,661

At 28 February 2025

947,686

NET BOOK VALUE

At 28 February 2025

947,686

At 29 February 2024

846,025

Included in cost of land and buildings is freehold land of £ 947,686 (2024 - £ 846,025 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

£

Trade debtors

1,295

3,475

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

£

Tax

16,540

12,865

Directors' loan accounts

17,623

18,379

Accrued expenses

1,130

1,141

35,293

32,385

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/25

29/2/24

£

£

Bank loans - 1-2 years

52,477

48,477

Bank loans - 2-5 years

212,925

489,061

Bank loans more 5 yr by instal

572,782

223,981

838,184

761,519

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

572,782

223,981

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company has been loaned a sum of money from the director to purchase the freehold. This company loan has been charged this year at an interest rate of 4.5%. There is no set repayment date.