Company Registration No. 09250528 (England and Wales)
Smartstats Limited
Unaudited accounts
for the year ended 31 October 2025
Smartstats Limited
Company Information
for the year ended 31 October 2025
Company Number
09250528 (England and Wales)
Registered Office
177 Cardiff Road
Dinas Powys
Vale Of Glamorgan
CF64 4JW
Accountants
Debbie Howard
12 Plantation Drive
Sutton Coldfield
West Midlands
B75 7JQ
Smartstats Limited
Statement of financial position
as at 31 October 2025
Tangible assets
7,028
13,418
Cash at bank and in hand
15,625
5,059
Creditors: amounts falling due within one year
(14,275)
(7,108)
Net current assets
4,206
573
Total assets less current liabilities
11,852
14,918
Provisions for liabilities
Deferred tax
(1,453)
(2,549)
Called up share capital
2
2
Profit and loss account
10,397
12,367
Shareholders' funds
10,399
12,369
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 December 2025 and were signed on its behalf by
Ian Stansfield
Director
Company Registration No. 09250528
Smartstats Limited
Notes to the Accounts
for the year ended 31 October 2025
Smartstats Limited is a private company, limited by shares, registered in England and Wales, registration number 09250528. The registered office is 177 Cardiff Road, Dinas Powys, Vale Of Glamorgan, CF64 4JW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Motor vehicles
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Smartstats Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Intangible fixed assets
Other
The Director has indicated a useful life of 5 years for a cherished number plate on the Company Van shown as an intangible asset
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2024
3,607
24,795
28,402
At 31 October 2025
4,023
24,795
28,818
At 1 November 2024
3,103
11,881
14,984
Charge for the year
607
6,199
6,806
At 31 October 2025
3,710
18,080
21,790
At 31 October 2025
313
6,715
7,028
At 31 October 2024
504
12,914
13,418
Amounts falling due within one year
Accrued income and prepayments
576
342
Smartstats Limited
Notes to the Accounts
for the year ended 31 October 2025
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,962
253
Loans from directors
2,067
312
The Directors' loan is repayable on demand and as such is shown in current liabilities . It is measured at transaction value as it is a loan from a natural person who is a shareholder in the Company.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).