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Company Registration No. 12859859 (England and Wales)
SMT Homes Limited Unaudited accounts for the year ended 30 September 2025
SMT Homes Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SMT Homes Limited Company Information for the year ended 30 September 2025
Directors
S M Patton M F Tompkins
Company Number
12859859 (England and Wales)
Registered Office
22 TORRINGTON ROAD CLAYGATE SURREY KT10 0SA UNITED KINGDOM
Accountants
Hybrid Premium LTD 2-4 Stoneleigh Park Road Stoneleigh Epsom Surrey KT19 0QT
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SMT Homes Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
637,500 
610,000 
Current assets
Debtors
5
12,125 
18,253 
Cash at bank and in hand
2,075 
2,527 
14,200 
20,780 
Creditors: amounts falling due within one year
6
(243,495)
(245,811)
Net current liabilities
(229,295)
(225,031)
Total assets less current liabilities
408,205 
384,969 
Creditors: amounts falling due after more than one year
7
(438,511)
(438,528)
Net liabilities
(30,306)
(53,559)
Capital and reserves
Called up share capital
8
10 
10 
Revaluation reserve
(34,135)
(54,760)
Profit and loss account
3,819 
1,191 
Shareholders' funds
(30,306)
(53,559)
For the year ending 30 September 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 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 27 March 2026 and were signed on its behalf by
S M Patton Director Company Registration No. 12859859
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SMT Homes Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
SMT Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 12859859. The registered office is 22 TORRINGTON ROAD, CLAYGATE, SURREY, KT10 0SA, 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is recognised on fair value movements in investment properties, calculated at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. A deferred tax asset has been calculated at a provision of 25% on the fair value gain/loss on investment properties.
4
Investment property
2025 
£ 
Fair value at 1 October 2024
610,000 
Net gain from fair value adjustments
27,500 
At 30 September 2025
637,500 
Investment properties are re-valued at year-end based on market valuations provided by the letting agent. No independent valuation has been obtained.
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SMT Homes Limited Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
11,378 
18,253 
Accrued income and prepayments
747 
- 
12,125 
18,253 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
617 
300 
Loans from directors
240,622 
243,890 
Accruals
1,801 
1,621 
Deferred income
455 
- 
243,495 
245,811 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
438,511 
438,528 
At year-end the company owed - The Mortgage Works £181,480. 62 Interest only on a five-year fixed rate of 3.89% for a 25-year term, 20 years and 6 months remaining. At year-end the company owed - The Mortgage Works £146,000.96 Interest only on a five-year fixed rate of 2.99% for a 25-year term, 19 years and 9 months remaining. At year-end the company owed - The Mortgage Works £111,029.20 Interest only on a five-year fixed rate of 4.39% for a 25-year term, 20 years and 5 months remaining.
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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