SMR Global Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13129874 (England and Wales)

SMR GLOBAL GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr A Ahmed

Mr A R Modaresi

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

13129874 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Investments

4

13,000

CURRENT ASSETS

Debtors

5

315,000

10,000

CREDITORS

Amounts falling due within one year

6

12,630

11,835

NET CURRENT ASSETS/(LIABILITIES)

302,370

(1,835

)

TOTAL ASSETS LESS CURRENT

LIABILITIES

315,370

11,165

CAPITAL AND RESERVES

Called up share capital

7

20,000

10,000

Share premium

8

295,000

-

Retained earnings

8

370

1,165

SHAREHOLDERS' FUNDS

315,370

11,165

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 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mr A R Modaresi - Director

1.	STATUTORY INFORMATION

SMR Global Group 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

The financial statements have been prepared in accordance with applicable accounting standards including Financial Reporting Standards 102 The Financial Reporting Standard Applicable in the UK and Republic or Ireland (FRS102) including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below.

Preparation of consolidated financial statements

The financial statements contain information about SMR Global Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year 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 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 year 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.

Debtors and creditors receivable / payable within one year

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.

Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

13,000

NET BOOK VALUE

At 31 March 2025

13,000

At 31 March 2024

13,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

M & A Metals Ltd

Registered office: Spartan Metal Recycling, Oliver Road, Grays Essex England RM20 3AS

Nature of business: Metal Recycling

%

Class of shares:

holding

Ordinary

100.00

SMR Realty Limited

Registered office: Spartan Metal Recycling, Oliver Road, Grays Essex England RM20 3AS

Nature of business: Property Investment

%

Class of shares:

holding

Ordinary

100.00

Wharf Metals Limited

Registered office: Spartan Metal Recycling, Oliver Road, Grays Essex England RM20 3AS

Nature of business: Metal Recycling

%

Class of shares:

holding

Ordinary shares

100.00

Spartan Metal Recycling Limited

Registered office: Spartan Metal Recycling, Oliver Road, Grays Essex England RM20 3AS

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

315,000

10,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed to group undertakings

9,250

Directors' current accounts

2,585

1,860

Accrued expenses

795

725

12,630

11,835

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

20,000

Ordinary

£1

20,000

10,000

10,000 Ordinary shares of £1 were issued during the year for cash of £ 10,000 .

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 April 2024

1,165

-

1,165

Deficit for the year

(795

)

(795

)

Bonus share issue

-

295,000

At 31 March 2025

370

295,000

295,370

9.	ULTIMATE CONTROLLING PARTY

As at the year end there is no one party with overall control of the company.