REGISTERED NUMBER: 14318263 (England and Wales)

Smith Global Services Uk Ltd

Audited Financial Statements

for the Period 1 September 2023 to 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

N S J Bedford

K C Kimbrough Iii

W M Barnhill

SECRETARY:

T T Tran

REGISTERED OFFICE:

Park House, 2nd Floor Office

Park Street

Maidenhead

SL6 1SL

REGISTERED NUMBER:

14318263 (England and Wales)

AUDITORS:

T&C Audit Services Ltd

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

FIXED ASSETS

Tangible assets

4

33,817

43,507

CURRENT ASSETS

Debtors

5

42,925

14,377

Cash at bank

26,085

8,996

69,010

23,373

CREDITORS

Amounts falling due within one year

6

64,884

66,143

NET CURRENT ASSETS/(LIABILITIES)

4,126

(42,770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,943

737

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

37,843

637

37,943

737

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 Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

N S J Bedford - Director

1.	STATUTORY INFORMATION

Smith Global Services Uk 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.

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 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.

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 13 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2023

33,222

25,393

58,615

Additions

-

18,818

18,818

At 31 December 2024

33,222

44,211

77,433

DEPRECIATION

At 1 September 2023

6,644

8,464

15,108

Charge for period

8,860

19,648

28,508

At 31 December 2024

15,504

28,112

43,616

NET BOOK VALUE

At 31 December 2024

17,718

16,099

33,817

At 31 August 2023

26,578

16,929

43,507

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

42,925

14,377

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

11,575

10,877

Other creditors

53,309

55,266

64,884

66,143

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kameliya Harrison FCA (Senior Statutory Auditor)

for and on behalf of T&C Audit Services Ltd

T&C Audit Services Ltd (Statutory Auditor)

8.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £3,700 (2023: £3,489) due to Smith LP, a related company part of the same group.

Included in other debtors is an amount owed from Smith Europe, a related company part of the same group of £28,510 (2023: an amount owing to Smith Europe of £9,251 was included in Other Creditors).

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Basic Blue International, Inc. 103 Foulk Rd., Suite 202, Wilmington, DE 19803, USA

The ultimate controlling party is N.F. Smith & Associates, L.P. 5306 Hollister Street Houston, TX, USA