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Registration number: 14594760

SM Grid Consulting Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2026

FRS 102 1A

SM Grid Consulting Ltd

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3 to 4
Notes to the Unaudited Financial Statements | 5 to 9

SM Grid Consulting Ltd

Company Information

Directors | Mr S P Barrington Mrs S A Barrington

Registered office | Stafford House 10 Prince Of Wales Road Dorchester Dorset DT1 1PW

Accountants | Kennedy Legg Stafford House 10 Prince Of Wales Road Dorchester Dorset DT1 1PW

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
SM Grid Consulting Ltd
for the Year Ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SM Grid Consulting Ltd for the year ended 31 January 2026 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of SM Grid Consulting Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of SM Grid Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of SM Grid Consulting Ltd.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SM Grid Consulting Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that SM Grid Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SM Grid Consulting Ltd. You consider that SM Grid Consulting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SM Grid Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Kennedy Legg
Stafford House
10 Prince Of Wales Road
Dorchester
Dorset
DT1 1PW

26 March 2026

SM Grid Consulting Ltd

(Registration number: 14594760)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 11,938 | 15,866
Current assets |  |  |
Debtors | 5 | 892 | 17,143
Cash at bank and in hand |  | 84,354 | 38,157
|  | 85,246 | 55,300
Creditors: Amounts falling due within one year | 6 | (57,199) | (38,610)
Net current assets |  | 28,047 | 16,690
Total assets less current liabilities |  | 39,985 | 32,556
Provisions for liabilities |  | (2,871) | (3,848)
Net assets |  | 37,114 | 28,708
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 37,014 | 28,608
Shareholders' funds |  | 37,114 | 28,708

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge 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 Profit and Loss Account.

SM Grid Consulting Ltd

(Registration number: 14594760)
Balance Sheet as at 31 January 2026

Approved and authorised by the Board on 26 March 2026 and signed on its behalf by:

......................................... Mr S P Barrington Director

SM Grid Consulting Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | General information

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

The address of its registered office is:
Stafford House
10 Prince Of Wales Road
Dorchester
Dorset
DT1 1PW

These financial statements were authorised for issue by the Board on 26 March 2026.

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.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

SM Grid Consulting Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet 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
Plant and machinery | 20% reducing balance
Office equipment | 20% reducing balance
Motor vehicles | 25% reducing balance

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.

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.

SM Grid Consulting Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

SM Grid Consulting Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4 | Tangible assets

| Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 February 2025 | 1,076 | 2,020 | 24,683 | 27,779
Additions | - | 776 | - | 776
Disposals | - | (1,330) | - | (1,330)
At 31 January 2026 | 1,076 | 1,466 | 24,683 | 27,225
Depreciation
At 1 February 2025 | 387 | 727 | 10,799 | 11,913
Charge for the year | 138 | 244 | 3,471 | 3,853
Eliminated on disposal | - | (479) | - | (479)
At 31 January 2026 | 525 | 492 | 14,270 | 15,287
Carrying amount
At 31 January 2026 | 551 | 974 | 10,413 | 11,938
At 31 January 2025 | 689 | 1,293 | 13,884 | 15,866

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | - | 16,322
Prepayments | 892 | 821
| 892 | 17,143

SM Grid Consulting Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 33,376 | 28,913
Accruals and deferred income | 2,670 | 1,935
Other creditors | 21,153 | 7,762
| 57,199 | 38,610

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
ordinary share of £1 each | 100 | 100 | 100 | 100