R SMITH BROKER LTD - Filleted accounts

Registered number

12847619

R SMITH BROKER LTD

Filleted Accounts

31 August 2025

R SMITH BROKER LTD
Registered number:		12847619
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		65,249			81,561

Current assets
Debtors	4	28,078			29,465
Cash at bank and in hand		250,328			130,249
		278,406			159,714

Creditors: amounts falling due within one year	5	(61,656)			(48,688)

Net current assets			216,750			111,026

Total assets less current liabilities			281,999			192,587

Creditors: amounts falling due after more than one year	6		(61,423)			(69,100)



Net assets			220,576			123,487

Capital and reserves
Called up share capital			1			1
Profit and loss account			220,575			123,486

Shareholder's funds			220,576			123,487

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




R Smith
Director
Approved by the board on 20 May 2026

R SMITH BROKER LTD
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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:

	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Computer equipment		Fixtures and fittings		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	3,950		4,463		98,500		106,913
	At 31 August 2025	3,950		4,463		98,500		106,913

	Depreciation
	At 1 September 2024	2,080		3,572		19,700		25,352
	Charge for the year	374		178		15,760		16,312
	At 31 August 2025	2,454		3,750		35,460		41,664

	Net book value
	At 31 August 2025	1,496		713		63,040		65,249
	At 31 August 2024	1,870		891		78,800		81,561


4	Debtors					2025		2024
£							£

	Other debtors					28,078		29,465


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

	Obligations under finance lease and hire purchase contracts					7,677		14,400
	Trade creditors					600		600
	Taxation and social security costs					53,379		33,688
						61,656		48,688


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

	Obligations under finance lease and hire purchase contracts					61,423		69,100


7	Other information

	R SMITH BROKER LTD is a private company limited by shares and incorporated in England. Its registered office is:
	4 Shockley Drive
	Appleton
	Warrington
	WA4 5RP