SMART MAINTENANCE LIMITED


Directors	D Deveney
	L Deveney


Company Secretary	L Deveney


Registered Address	Durn
	Isla Road
	Perth
	PH2 7HF


Registered Number	SC366556 (Scotland)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		2,217		2,121
			2,217		2,121
Current assets
Stocks	5	1,200		1,050
Debtors	6	13,873		24,790
Cash at bank and on hand		138,947		159,430
		154,020		185,270
Creditors amounts falling due within one year	7	(69,463)		(79,080)
Net current assets (liabilities)			84,557		106,190
Total assets less current liabilities			86,774		108,311
Provisions for liabilities			(405)		(382)
Net assets			86,369		107,929
Capital and reserves
Called up share capital			100		100
Profit and loss account			86,269		107,829
Shareholders' funds			86,369		107,929

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 December 2025, and are signed on its behalf by:

D Deveney
Director
Registered Company No. SC366556

SMART MAINTENANCE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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 and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	10,000	10,000
At 31 March 25	10,000	10,000
Amortisation and impairment
At 01 April 24	10,000	10,000
At 31 March 25	10,000	10,000
Net book value
At 31 March 25	-	-
At 31 March 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	1,750	11,000	1,464	303	14,517
Additions	-	-	790	-	790
At 31 March 25	1,750	11,000	2,254	303	15,307
Depreciation and impairment
At 01 April 24	1,685	9,053	1,357	301	12,396
Charge for year	16	487	189	2	694
At 31 March 25	1,701	9,540	1,546	303	13,090
Net book value
At 31 March 25	49	1,460	708	-	2,217
At 31 March 24	65	1,947	107	2	2,121

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	1,200	1,050
Total	1,200	1,050

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	5,990	24,066
Other debtors	6,820	-
Prepayments and accrued income	1,063	724
Total	13,873	24,790

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	4,058	16,566
Other creditors	64,205	59,205
Accrued liabilities and deferred income	1,200	3,309
Total	69,463	79,080