REGISTERED NUMBER: 11147043 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

SMARTECH BUSINESS SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M B Radcliffe

Mrs G Radcliffe

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 21HN

REGISTERED NUMBER:

11147043 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

926

506

Investments

5

30,061

20,126

30,987

20,632

CURRENT ASSETS

Debtors

6

23,158

32,403

Cash at bank

76,104

62,996

99,262

95,399

CREDITORS

Amounts falling due within one year

7

57,268

31,527

NET CURRENT ASSETS

41,994

63,872

TOTAL ASSETS LESS CURRENT LIABILITIES

72,981

84,504

CREDITORS

Amounts falling due after more than one year

8

-

(3,892

)

PROVISIONS FOR LIABILITIES

(224

)

-

NET ASSETS

72,757

80,612

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

72,747

80,602

SHAREHOLDERS' FUNDS

72,757

80,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th May 2026 and were signed on its behalf by:

M B Radcliffe - Director

1.	STATUTORY INFORMATION

Smartech Business Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

The company acquires holdings of precious metals for investment purposes. These investment assets are stated at market value at the balance sheet date. Surpluses and deficits on the revaluation of such investments are charged or credited to profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1st February 2025

2,134

Additions

896

Disposals

(1,112

)

At 31st January 2026

1,918

DEPRECIATION

At 1st February 2025

1,628

Charge for year

308

Eliminated on disposal

(944

)

At 31st January 2026

992

NET BOOK VALUE

At 31st January 2026

926

At 31st January 2025

506

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31/1/26

31/1/25

£

£

Opening valuation

20,126

14,436

Precious metals revaluation

9,935

5,690

30,061

20,126

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Trade debtors

21,744

24,000

Other debtors

1,414

-

Directors' current accounts

-

8,403

23,158

32,403

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans and overdrafts

3,196

9,493

Tax

39,228

15,647

VAT

9,616

3,887

Directors' current accounts

2,828

-

Accruals and deferred income

2,400

2,500

57,268

31,527

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans

-

3,892

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025:

31/1/26

31/1/25

£

£

M B Radcliffe

Balance outstanding at start of year

8,403

107,738

Amounts advanced

151,312

8,403

Amounts repaid

(162,542

)

(107,738

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,827

)

8,403

During the year the directors received dividends amounting to £135,000.

10.	RELATED PARTY DISCLOSURES

Control

The company is controlled by Mr M B Radcliffe, a director.