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Company Registration No. 11326742 (England and Wales)
SM TAX SOLUTIONS LTD Unaudited accounts for the year ended 30 April 2025
SM TAX SOLUTIONS LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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SM TAX SOLUTIONS LTD Company Information for the year ended 30 April 2025
Director
Sajid Mahmood
Company Number
11326742 (England and Wales)
Registered Office
61A Blagden Street Sheffield S2 5QS
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SM TAX SOLUTIONS LTD Accountants' report
Accountants' report to the director of SM TAX SOLUTIONS LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 April 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 April 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
16 January 2026
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SM TAX SOLUTIONS LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,074
1,032
Current assets
Debtors
5
500
3,000
Cash at bank and in hand
23,714
24,450
24,214
27,450
Creditors: amounts falling due within one year
6
(21,504)
(26,850)
Net current assets
2,710
600
Net assets
3,784
1,632
Capital and reserves
Called up share capital
100
100
Profit and loss account
3,684
1,532
Shareholders' funds
3,784
1,632
For the year ending 30 April 2025 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 director acknowledges his 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 and authorised for issue on 12 January 2026 and were signed on its behalf by
Sajid Mahmood Director Company Registration No. 11326742
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SM TAX SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
SM TAX SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11326742. The registered office is 61A Blagden Street, Sheffield, S2 5QS.
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.
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:
Fixtures & fittings
25% Reducing balance method
Computer equipment
25% Reducing balance method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2024
1,850
2,500
4,350
Additions
-
400
400
At 30 April 2025
1,850
2,900
4,750
Depreciation
At 1 May 2024
1,411
1,907
3,318
Charge for the year
110
248
358
At 30 April 2025
1,521
2,155
3,676
Net book value
At 30 April 2025
329
745
1,074
At 30 April 2024
439
593
1,032
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
500
3,000
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SM TAX SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
9,788
17,951
Loans from directors
11,716
8,899
21,504
26,850
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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