REGISTERED NUMBER: 11972943 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SMEE INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S J Smee

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

11972943 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Investments

4

1,571,094

1,491,929

CURRENT ASSETS

Cash at bank

507,756

377,207

CREDITORS

Amounts falling due within one year

5

23,507

23,265

NET CURRENT ASSETS

484,249

353,942

TOTAL ASSETS LESS CURRENT LIABILITIES

2,055,343

1,845,871

CREDITORS

Amounts falling due after more than one year

6

8,772

19,061

NET ASSETS

2,046,571

1,826,810

CAPITAL AND RESERVES

Called up share capital

560

560

Other reserves

573,200

573,200

Retained earnings

1,472,811

1,253,050

SHAREHOLDERS' FUNDS

2,046,571

1,826,810

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

S J Smee - Director

1.	STATUTORY INFORMATION

Smee Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investments in associates

Investments in associates are initially measured at cost and subsequently measured at cost less any

accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals are recognised immediately to profit or loss.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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

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

4.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Interest in associate

576,622

576,622

Other investments

994,472

915,307

1,571,094

1,491,929

Other investments represent the company's equity capital balance in an LLP.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,290

10,034

Trade creditors

-

1,500

Tax

9,572

9,565

Directors' current accounts

45

366

Accruals and deferred income

3,600

1,800

23,507

23,265

The amount due to the director is interest free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

8,772

10,289

Bank loans - 2-5 years

-

8,772

8,772

19,061