REGISTERED NUMBER: 04926777 (England and Wales)

Smailes Goldie Financial Management

Limited

Unaudited Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Grantham

I R Lamb FCA

M Overfield FCA

P A Dearing FCCA

SECRETARY:

P A Dearing FCCA

REGISTERED OFFICE:

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

REGISTERED NUMBER:

04926777 (England and Wales)

FIXED ASSETS

Intangible assets

4

579,895

662,738

Tangible assets

5

-

-

579,895

662,738

CURRENT ASSETS

Debtors

6

146,643

130,780

Cash at bank

148,011

219,778

294,654

350,558

CREDITORS

Amounts falling due within one year

7

127,470

354,806

NET CURRENT ASSETS/(LIABILITIES)

167,184

(4,248

)

TOTAL ASSETS LESS CURRENT LIABILITIES

747,079

658,490

CAPITAL AND RESERVES

Called up share capital

983

983

Capital redemption reserve

384

384

Retained earnings

745,712

657,123

747,079

658,490

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26th November 2025 and were signed on its behalf by:

P A Dearing FCCA - Director

1.	STATUTORY INFORMATION

Smailes Goldie Financial Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

828,422

AMORTISATION

At 1st April 2024

165,684

Charge for year

82,843

At 31st March 2025

248,527

NET BOOK VALUE

At 31st March 2025

579,895

At 31st March 2024

662,738

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

3,943

DEPRECIATION

At 1st April 2024

and 31st March 2025

3,943

NET BOOK VALUE

At 31st March 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

84,242

130,196

Other debtors

62,401

584

146,643

130,780

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

87,403

179,129

Other creditors

40,067

175,677

127,470

354,806