REGISTERED NUMBER: 11510404 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 AUGUST 2025

FOR

SMART TRAX ELECTRICAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Barraclough

S A Webber

J Bentley

REGISTERED OFFICE:

Drill Hall

11 Eastgate

Barnsley

South Yorkshire

S70 2EU

REGISTERED NUMBER:

11510404 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Tangible assets

4

8,355

10,369

CURRENT ASSETS

Stocks

5

1,275

1,275

Debtors

6

33,198

19,964

Cash at bank

7,355

6,600

41,828

27,839

CREDITORS

Amounts falling due within one year

7

44,412

33,318

NET CURRENT LIABILITIES

(2,584

)

(5,479

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,771

4,890

CREDITORS

Amounts falling due after more than one year

8

-

(1,834

)

PROVISIONS FOR LIABILITIES

10

(1,587

)

(1,971

)

NET ASSETS

4,184

1,085

CAPITAL AND RESERVES

Called up share capital

11

1,000

1,000

Retained earnings

3,184

85

SHAREHOLDERS' FUNDS

4,184

1,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 2025 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

J Bentley - Director

1.	STATUTORY INFORMATION

Smart Trax Electrical 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.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 31 August 2024

916

334

31,498

1,214

33,962

Additions

-

-

-

199

199

At 30 August 2025

916

334

31,498

1,413

34,161

DEPRECIATION

At 31 August 2024

98

41

22,764

690

23,593

Charge for year

82

29

1,747

355

2,213

At 30 August 2025

180

70

24,511

1,045

25,806

NET BOOK VALUE

At 30 August 2025

736

264

6,987

368

8,355

At 30 August 2024

818

293

8,734

524

10,369

5.

STOCKS

2025

2024

£

£

Stocks

1,275

1,275

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,562

2,699

Other debtors

9,365

9,365

Directors' current accounts

12,271

7,900

33,198

19,964

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

1,834

2,200

Trade creditors

1,619

1,589

Tax

21,456

11,873

Social security and other taxes

-

169

VAT

5,453

3,380

Accrued expenses

14,050

14,107

44,412

33,318

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

-

1,834

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

1,834

2,200

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

1,834

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,587

1,971

Deferred

tax

£

Balance at 31 August 2024

1,971

Provided during year

(384

)

Balance at 30 August 2025

1,587

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

400

Ordinary

1

400

400

300

Ordinary B

1

300

300

300

Ordinary C

1

300

300

1,000

1,000

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 August 2025 and 30 August 2024:

2025

2024

£

£

J Bentley and P R Barraclough

Balance outstanding at start of year

7,900

17,063

Amounts advanced

12,271

7,900

Amounts repaid

(7,900

)

(17,063

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,271

7,900