Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 Provision of commercial and industrial decoration services true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false 16 18 false 02027494 2024-04-01 2025-03-31 02027494 2023-04-01 2024-03-31 02027494 2025-03-31 02027494 2024-03-31 02027494 c:Director1 2024-04-01 2025-03-31 02027494 d:PlantMachinery 2024-04-01 2025-03-31 02027494 d:PlantMachinery 2025-03-31 02027494 d:PlantMachinery 2024-03-31 02027494 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02027494 d:MotorVehicles 2024-04-01 2025-03-31 02027494 d:MotorVehicles 2025-03-31 02027494 d:MotorVehicles 2024-03-31 02027494 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02027494 d:FurnitureFittings 2024-04-01 2025-03-31 02027494 d:FurnitureFittings 2025-03-31 02027494 d:FurnitureFittings 2024-03-31 02027494 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02027494 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02027494 d:CurrentFinancialInstruments 2025-03-31 02027494 d:CurrentFinancialInstruments 2024-03-31 02027494 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 02027494 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02027494 d:ShareCapital 2025-03-31 02027494 d:ShareCapital 2024-03-31 02027494 d:CapitalRedemptionReserve 2024-04-01 2025-03-31 02027494 d:CapitalRedemptionReserve 2025-03-31 02027494 d:CapitalRedemptionReserve 2024-03-31 02027494 d:RetainedEarningsAccumulatedLosses 2025-03-31 02027494 d:RetainedEarningsAccumulatedLosses 2024-03-31 02027494 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 02027494 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 02027494 d:TaxLossesCarry-forwardsDeferredTax 2025-03-31 02027494 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 02027494 c:OrdinaryShareClass1 2024-04-01 2025-03-31 02027494 c:OrdinaryShareClass1 2025-03-31 02027494 c:OrdinaryShareClass1 2024-03-31 02027494 c:FRS102 2024-04-01 2025-03-31 02027494 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02027494 c:FullAccounts 2024-04-01 2025-03-31 02027494 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02027494 d:WithinOneYear 2025-03-31 02027494 d:WithinOneYear 2024-03-31 02027494 d:BetweenOneFiveYears 2025-03-31 02027494 d:BetweenOneFiveYears 2024-03-31 02027494 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 02027494 SMITH PAINTERS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SMITH PAINTERS LIMITED REGISTERED NUMBER: 02027494 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 8,396 |  | 16,645
|  |  | 8,396 |  | 16,645
Current assets |  |  |  |  |
Stocks | 5 | 8,882 |  | 4,025 |
Debtors: amounts falling due within one year | 6 | 1,639,746 |  | 1,574,424 |
Cash at bank and in hand |  | 1,394,452 |  | 1,603,694 |
|  | 3,043,080 |  | 3,182,143 |
Creditors: amounts falling due within one year | 7 | (1,600,977) |  | (1,797,132) |
Net current assets |  |  | 1,442,103 |  | 1,385,011
Total assets less current liabilities |  |  | 1,450,499 |  | 1,401,656
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 |  | (456) |  | (611)
Net assets |  |  | 1,450,043 |  | 1,401,045
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 41 |  | 41
Capital redemption reserve | 11 |  | 59 |  | 59
Profit and loss account | 11 |  | 1,449,943 |  | 1,400,945
|  |  | 1,450,043 |  | 1,401,045
Page 1
SMITH PAINTERS LIMITED REGISTERED NUMBER: 02027494 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 November 2025.
A M Ruddleston
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
SMITH PAINTERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Smith Painters Limited is a private company, limited by shares, registered in England and Wales (registered number: 02027494). Its registered office is Jubilee House, Millard Lane, Maltby, Rotherham, England, S66 7LZ. The principal acitvity of the company is that of provision of commercial and industrial decoration services. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
| 2.2 | Turnover
Turnover represents the value of work done excluding VAT, for which the company has earned the right to consideration in exchange for performance, in accordance with FRS 102.
| 2.3 | 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a cost basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 25% | on cost
|  |  |  | Motor vehicles | - | 33% | on cost
|  |  |  | Fixtures and fittings | - | 33% | on cost
The assets' 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. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.4 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Page 3
SMITH PAINTERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
| 2.7 | Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
| 2.8 | Creditors
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.
3. | Employees
| The average number of employees during the year was 16 (2024 - 18).
Page 4
SMITH PAINTERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 April 2024 | 2,200 | 40,019 | 35,646 | 77,865
| Additions | 1,260 | - | 3,191 | 4,451
| Disposals | - | (6,999) | - | (6,999)
| At 31 March 2025 | 3,460 | 33,020 | 38,837 | 75,317
| Depreciation |  |  |  |
| At 1 April 2024 | 2,200 | 24,758 | 34,262 | 61,220
| Charge for the year on owned assets | 79 | 4,734 | 1,080 | 5,893
| Disposals | - | (192) | - | (192)
| At 31 March 2025 | 2,279 | 29,300 | 35,342 | 66,921
| Net book value |  |  |  |
| At 31 March 2025 | 1,181 | 3,720 | 3,495 | 8,396
| At 31 March 2024 | - | 15,261 | 1,384 | 16,645
5. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Raw materials and consumables | 1,561 | -
| Work in progress | 7,321 | -
| Finished goods and goods for resale | - | 4,025
|  | 8,882 | 4,025
Page 5
SMITH PAINTERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,502,819 | 1,477,759
| Other debtors | 101,610 | 90,602
| Prepayments and accrued income | 35,317 | 6,063
|  | 1,639,746 | 1,574,424
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 261,883 | 376,228
| Amounts owed to group undertakings | 374,290 | 501,790
| Corporation tax | 130,609 | 241,741
| Other taxation and social security | 70,073 | 56,095
| Other creditors and accruals | 764,122 | 621,278
|  | 1,600,977 | 1,797,132
8. | Creditors: Amounts falling due after more than one year
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (611)
| Charged to profit or loss | 155
| At end of year | (456)
Page 6
SMITH PAINTERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 9.Deferred taxation (continued)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fixed asset timing differences | (751) | (977)
| Short term timing differences | 295 | 366
|  | (456) | (611)
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 41 (2024 - 41) Ordinary Shares shares of £1.00 each | 41 | 41
11. | Reserves
Capital redemption reserve The capital redemption reserve is £59 (2024: £59).
12. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 3,490 | 4,251
| Later than 1 year and not later than 5 years | 2,845 | 6,335
|  | 6,335 | 10,586
13.Other financial commitments Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £6,335 (2024: £10,581). Page 7
SMITH PAINTERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. | Related party transactions
| At 31 March 2025 the directors owed the company £8,610 (2024: £12,597).
15. | Controlling party
The parent and ultimate holding company is AMR Northern Limited, a private company, limited by shares, registered in England and Wales. The registered office is; Jubilee House, 1 Millard Lane, Maltby, Rotherham, South Yorkshire, United Kingdom, S66 7LZ.
Page 8