SM64 LTD. - Filleted accounts

Registered number

SC780372

SM64 LTD.

Filleted Accounts

31 August 2025

SM64 LTD.
Registered number:		SC780372
Balance Sheet
as at 31 August 2025


Notes			2025			2024
£				£
Current assets
Cash at bank and in hand		3,814			1,000

Creditors: amounts falling due within one year	3	(2,553)			-

Net current assets			1,261			1,000

Total assets less current liabilities			1,261			1,000

Creditors: amounts falling due after more than one year	4		(19,939)			-



Net (liabilities)/assets			(18,678)			1,000

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			(19,678)			-

Shareholder's funds			(18,678)			1,000

The directors are 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 directors acknowledge their 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.




Mr Asif Ali
Director
Approved by the board on 26 May 2026

SM64 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:

	Freehold buildings	N/A
	Leasehold land and buildings	N/A
	Plant and machinery	N/A
	Fixtures, fittings, tools and equipment	N/A

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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. Current and deferred tax assets and liabilities are not discounted.






2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		3		3


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

	Bank loans and overdrafts		(433)		-
	Trade creditors		2,986		-
			2,553		-


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

	Directors Loan Account		19,939		-


5	Other information

	SM64 LTD. is a private company limited by shares and incorporated in Scotland. Its registered office is:
	68 Park Road
	Glasgow
	Scotland
	G4 9JF