Registration number: 16066636

SmartRental Reino Unido Ltd

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 7

SmartRental Reino Unido Ltd

Company Information

Director

F J Garcia Lopez

Company secretary

I Kadievski Bubarov

Registered office

Malacuna Manchester Hilton Street 15 Manchester United Kingdom M1 1JJ

SmartRental Reino Unido Ltd

(Registration number: 16066636)
Statement of Financial Position as at 31 December 2025

	Note	2025 £
Fixed assets
Tangible assets	4	32,311
Current assets
Stocks	5	28,090
Debtors	6	200,781
Cash at bank and in hand		62,810
		291,681
Creditors: Amounts falling due within one year	7	(761,664)
Net current liabilities		(469,983)
Net liabilities		(437,672)
Capital and reserves
Called up share capital	8	2,535
Retained earnings		(440,207)
Shareholders' deficit		(437,672)

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 27 April 2026
 

F J Garcia Lopez Director

SmartRental Reino Unido Ltd

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Malacuna Manchester Hilton Street
15 Manchester
M1 1JJ
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

SmartRental Reino Unido Ltd

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 December 2025 (continued)

2	Accounting policies (continued)

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	20% Reducing balance method
Leasehold improvements	15 years straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

SmartRental Reino Unido Ltd

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 December 2025 (continued)

2	Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

SmartRental Reino Unido Ltd

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 December 2025 (continued)

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 72.

4	Tangible assets

	Leasehold improvements £	Fixtures and fittings £	Total £
Cost or valuation
Additions	31,038	3,575	34,613
At 31 December 2025	31,038	3,575	34,613
Depreciation
Charge for the period	2,069	233	2,302
At 31 December 2025	2,069	233	2,302
Carrying amount
At 31 December 2025	28,969	3,342	32,311

5

Stocks

	2025 £
Other inventories	28,090

SmartRental Reino Unido Ltd

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 December 2025 (continued)

6

Debtors

Current	2025 £
Trade debtors	166,020
Other debtors	34,761
	200,781

7

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Trade creditors	338,488
Taxation and social security	152,468
Accruals and deferred income	53,199
Other creditors	217,509
	761,664

8	Share capital

Allotted, called up and fully paid shares

	2025
	No.	£
Ordinary shares of €1 each	3,000	2,535