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Registered number: 08511350
SMART PROPERTIES SOLUTIONS LIMITED
Unaudited Financial Statements
For The Year Ended 31 August 2025
Hadfields Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08511350
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 279,792 280,009
279,792 280,009
CURRENT ASSETS
Debtors 5 (28,937 ) (90,979 )
Cash at bank and in hand 2,066 1,481
(26,871 ) (89,498 )
Creditors: Amounts Falling Due Within One Year 6 (632,662 ) (530,839 )
NET CURRENT ASSETS (LIABILITIES) (659,533 ) (620,337 )
TOTAL ASSETS LESS CURRENT LIABILITIES (379,741 ) (340,328 )
NET LIABILITIES (379,741 ) (340,328 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (379,742 ) (340,329 )
SHAREHOLDERS' FUNDS (379,741) (340,328)
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Yingxia Zheng
Director
28/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SMART PROPERTIES SOLUTIONS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08511350 . The registered office is Unit 1a Dunston Court, Newbold, Chesterfield, Derbyshire, S41 8NL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not provided
Motor Vehicles 20% reducing balance
Fixtures & Fittings 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2024 279,632 1,100 500 281,232
As at 31 August 2025 279,632 1,100 500 281,232
Depreciation
As at 1 September 2024 - 912 311 1,223
Provided during the period - 1,100 29 1,129
Disposals - (912 ) - (912 )
As at 31 August 2025 - 1,100 340 1,440
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2025 279,632 - 160 279,792
As at 1 September 2024 279,632 188 189 280,009
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests (29,176) (91,553)
Other debtors 239 574
(28,937 ) (90,979 )
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 381,486 279,720
Other creditors 250,884 250,827
Taxation and social security 292 292
632,662 530,839
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4