REGISTERED NUMBER: 15607268 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 30 April 2025

for

Smart Brainiacs Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A S Thangaraja

REGISTERED OFFICE:

59 Paygrove Lane

Longlevens

Gloucester

GL2 0BQ

REGISTERED NUMBER:

15607268 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Tangible assets

4

46,499

CURRENT ASSETS

Debtors

5

129

Cash at bank

4,757

4,886

CREDITORS

Amounts falling due within one year

6

13,978

NET CURRENT LIABILITIES

(9,092

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,407

CREDITORS

Amounts falling due after more than one year

7

42,237

NET LIABILITIES

(4,830

)

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

(4,831

)

SHAREHOLDERS' FUNDS

(4,830

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2025 and were signed by:

A S Thangaraja - Director

1.	STATUTORY INFORMATION

Smart Brainiacs Ltd 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.

Tangible fixed assets

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

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period 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 statement of financial position date.

Hire purchase and leasing commitments

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

Going concern

Despite net current liabilities at 30 April 2025 of £9,092, the accounts have been prepared on a going concern basis. The director has reviewed the future cashflows of the business and has expressed his willingness to financially support the company for the foreseeable future, deeming the going concern method of preparation to be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

Additions

53,690

4,805

58,495

At 30 April 2025

53,690

4,805

58,495

Depreciation

Charge for period

10,795

1,201

11,996

At 30 April 2025

10,795

1,201

11,996

Net book value

At 30 April 2025

42,895

3,604

46,499

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

129

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

6,440

Other creditors

7,538

13,978

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

42,237

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

9.	RELATED PARTY DISCLOSURES

A S Thangaraja

Director

The director has loaned funds to the company. At 30 April 2025, the loan balance outstanding was £6,794.

The unsecured loan, included within other creditors, is interest free with no fixed repayment date.