REGISTERED NUMBER: 07230750 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2024 to 30 September 2025

for

Smart-Flo Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

Mr P Marwood

Mr J Sherry

Registered office:

6 George Street

Driffield

East Yorkshire

YO25 6RA

Registered number:

07230750 (England and Wales)

Accountants:

Ullyott Limited

6 George Street

Driffield

East Yorkshire

YO25 6RA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

31,685

20,902

31,685

20,902

CURRENT ASSETS

Stocks

14,617

6,964

Debtors

6

97,492

55,928

Cash at bank and in hand

45,582

94,079

157,691

156,971

CREDITORS

Amounts falling due within one year

7

163,934

131,673

NET CURRENT (LIABILITIES)/ASSETS

(6,243

)

25,298

TOTAL ASSETS LESS CURRENT LIABILITIES

25,442

46,200

CREDITORS

Amounts falling due after more than one year

8

(18,866

)

(9,731

)

PROVISIONS FOR LIABILITIES

9

(6,020

)

(4,350

)

NET ASSETS

556

32,119

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

456

32,019

SHAREHOLDERS' FUNDS

556

32,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2025 and were signed on its behalf by:

Mr P Marwood - Director

1.	STATUTORY INFORMATION

Smart-Flo 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 0, is being amortised evenly over its estimated useful life of nil years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

STOCKS

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the period comprises current and deferred 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 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 period 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 September 2025

13,750

AMORTISATION

At 1 May 2024

and 30 September 2025

13,750

NET BOOK VALUE

At 30 September 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

20,839

1,514

61,481

5,665

89,499

Additions

-

-

26,765

562

27,327

Disposals

-

-

(16,510

)

-

(16,510

)

At 30 September 2025

20,839

1,514

71,736

6,227

100,316

DEPRECIATION

At 1 May 2024

16,468

1,218

45,246

5,665

68,597

Charge for period

1,548

184

14,672

140

16,544

Eliminated on disposal

-

-

(16,510

)

-

(16,510

)

At 30 September 2025

18,016

1,402

43,408

5,805

68,631

NET BOOK VALUE

At 30 September 2025

2,823

112

28,328

422

31,685

At 30 April 2024

4,371

296

16,235

-

20,902

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

26,765

At 30 September 2025

26,765

DEPRECIATION

Charge for period

8,922

At 30 September 2025

8,922

NET BOOK VALUE

At 30 September 2025

17,843

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

70,058

37,891

VAT

26,429

17,370

Prepayments and accrued income

1,005

667

97,492

55,928

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,198

21,600

Hire purchase contracts

5,701

-

Trade creditors

133,868

88,978

Corporation tax

10,790

13,705

Social security and other taxes

1,613

1,726

Other creditors

2,895

-

Directors' current accounts

149

500

Accruals and deferred income

1,720

5,164

163,934

131,673

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

18,866

9,731

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

6,020

4,350

Deferred

tax

£

Balance at 1 May 2024

4,350

Provided during period

1,670

Balance at 30 September 2025

6,020