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Company Registration No. 13259954 (England and Wales)
Smart Soda Uk Limited Unaudited accounts for the year ended 31 December 2024
Smart Soda Uk Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Smart Soda Uk Limited Company Information for the year ended 31 December 2024
Directors
Richard Macadam Lior Shafir Ian Webb
Company Number
13259954 (England and Wales)
Registered Office
4th Floor 95 Gresham Street London EC2V 7AB United Kingdom
Accountants
Sarah Oakley Houghton 20A Kingsland Road Alton Hampshire GU34 1LA
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Smart Soda Uk Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
366 
628 
Current assets
Inventories
29,657 
30,466 
Debtors
5
4,455 
7,399 
Cash at bank and in hand
6,702 
1,954 
40,814 
39,819 
Creditors: amounts falling due within one year
6
(54,414)
(66,889)
Net current liabilities
(13,600)
(27,070)
Total assets less current liabilities
(13,234)
(26,442)
Creditors: amounts falling due after more than one year
7
(99,028)
(95,196)
Net liabilities
(112,262)
(121,638)
Capital and reserves
Called up share capital
1,500 
1,500 
Share premium
99,500 
99,500 
Profit and loss account
(213,262)
(222,638)
Shareholders' funds
(112,262)
(121,638)
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by
Ian Webb Director Company Registration No. 13259954
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Smart Soda Uk Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Smart Soda Uk Limited is a private company, limited by shares, registered in England and Wales, registration number 13259954. The registered office is 4th Floor 95 Gresham Street, London, EC2V 7AB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
At the year end date, the company's liabilities exceed its assets. As a result, the company is reliant on the continued support provided to it by the parent entity. The directors of the parent entity have confirmed that amounts due to the company by Smart Soda UK Limited will not be recalled in the foreseable future. As a result of this confirmation, and the assessment that for the foreseeable future the company can settle other liabilities as they fall due, the directors consider it appropriate to contiinue to prepare the financial statements on a going concern basis.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
1,048 
At 31 December 2024
1,048 
Depreciation
At 1 January 2024
420 
Charge for the year
262 
At 31 December 2024
682 
Net book value
At 31 December 2024
366 
At 31 December 2023
628 
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Smart Soda Uk Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,902 
Trade debtors
2,535 
3,577 
Other debtors
1,920 
1,920 
4,455 
7,399 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,317 
- 
Trade creditors
18,311 
24,518 
Taxes and social security
18,375 
16,457 
Loans from directors
9,911 
14,453 
Accruals
1,300 
2,025 
Deferred income
4,200 
9,436 
54,414 
66,889 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
99,028 
95,196 
8
Transactions with related parties
At the year end £9,911 was owed to the directors. These amounts were unsecured, undated and interest free
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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