Smartline Investments Ltd - Period Ending 2025-03-31

Registration number: 13185041

Smartline Investments Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

Smartline Investments Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	2
Detailed Profit and Loss Account	3 to 4

Smartline Investments Ltd

(Registration number: 13185041)
Balance Sheet as at 31 March 2025

	2025 £	2024 £
Fixed Assets	857,769	857,769
Current assets	75,101	114,689
Creditors: Amounts falling due within one year	(4,311)	(3,249)
Net current assets	70,790	111,440
Total assets less current liabilities	928,559	969,209
Creditors: Amounts falling due after more than one year	(892,156)	(952,156)
Accruals and deferred income	(1,973)	(998)
	34,430	16,055
Capital and Reserves	34,430	16,055

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised for issue by the Board on 15 December 2025 and signed on its behalf by:

Mr Abid Rahman Naser
Director

Smartline Investments Ltd

(Registration number: 13185041)
Balance Sheet as at 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
30 Bear Street
BARNSTAPLE
Devon
EX32 7DD

These financial statements were authorised for issue by the Board on 15 December 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors under service contract) during the year, was 0 (2024 - 0).

Smartline Investments Ltd

Detailed Profit and Loss Account for the Year Ended 31 March 2025

	2025 £	2024 £
Turnover (analysed below)	35,374	30,644
Gross profit (%)	100%	100%
Administrative expenses
Establishment costs (analysed below)	(6,712)	(8,000)
General administrative expenses (analysed below)	(5,855)	(5,466)
Finance charges (analysed below)	(120)	(121)
Other expenses (analysed below)	-	(6,306)
	(12,687)	(19,893)
Operating profit	22,687	10,751
Other interest receivable and similar income (analysed below)	-	45
Profit before tax	22,687	10,796

Smartline Investments Ltd

Detailed Profit and Loss Account for the Year Ended 31 March 2025

2025
£

2024
£


Turnover
Rent received	35,374	30,644


Establishment costs
Insurance	1,334	1,061
Repairs and maintenance	5,378	6,939
	6,712	8,000


General administrative expenses
Sundry expenses	35	130
Accountancy fees	994	1,286
Letting agent fees	4,826	3,943
Professional and valuers fees	-	107
	5,855	5,466


Finance charges
Bank charges	120	121


Other expenses
(Gain)/loss on disposal of current asset investments - held for sale	-	6,306


Other interest receivable and similar income
Bank interest receivable	-	45