SME Solutions Group Limited - Filleted accounts

Registered number

13313100

SME Solutions Group Limited

Filleted Accounts

31 July 2025

SME Solutions Group Limited
Registered number:		13313100
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,328			4,160

Current assets
Debtors	4	242,133			234,207
Cash at bank and in hand		-			151
		242,133			234,358

Creditors: amounts falling due within one year	5	(16,442)			(18,925)

Net current assets			225,691			215,433

Total assets less current liabilities			229,019			219,593

Creditors: amounts falling due after more than one year	6		(62,329)			(32,736)



Net assets			166,690			186,857

Capital and reserves
Called up share capital			100			100
Profit and loss account			166,590			186,757

Shareholders' funds			166,690			186,857

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Rachel Gregory
Director
Approved by the board on 29 April 2026

SME Solutions Group Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 August 2024				6,500
	At 31 July 2025				6,500

	Depreciation
	At 1 August 2024				2,340
	Charge for the year				832
	At 31 July 2025				3,172

	Net book value
	At 31 July 2025				3,328
	At 31 July 2024				4,160


4	Debtors		2025		2024
£				£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest		242,133		232,040
	Other debtors		-		2,167
			242,133		234,207


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		1		-
	Taxation and social security costs		14,554		18,068
	Other creditors		1,887		857
			16,442		18,925


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		62,329		32,736


7	Controlling party

	Paul McPherson holds the majority shareholding of the company, holding 98 of the 100 shares.

8	Other information

	SME Solutions Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Coach House
	Pen-Y-Maes Road
	Holywell
	Wales
	CH8 7HH