REGISTERED NUMBER: OC433694 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

SMD Accounts LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Designated members:

S M Duffety

A Gooderham

Registered office:

The Vineyards

Knox Lane

Bardwell

Bury St Edmunds

Suffolk

IP311AX

Registered number:

OC433694 (England and Wales)

Accountants:

SMD Accounts LLP

Chartered Certified Accountants

The Vineyards

Knox Lane, Bardwell

Bury St. Edmunds

Suffolk

IP31 1AX

Fixed assets

Tangible assets

4

17,150

25,725

Current assets

Debtors

5

52,973

54,368

Cash at bank

39,941

25,243

92,914

79,611

Creditors

Amounts falling due within one year

6

29,781

30,922

Net current assets

63,133

48,689

Total assets less current liabilities

and

Net assets attributable to members

80,283

74,414

Loans and other debts due to members

7

23,134

8,690

Members' other interests

Capital accounts

57,149

65,724

80,283

74,414

Total members' interests

Loans and other debts due to members

7

23,134

8,690

Members' other interests

57,149

65,724

Amounts due from members

5

-

(136

)

80,283

74,278

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 3 June 2026 and were signed by:

S M Duffety - Designated member

A Gooderham - Designated member

1.	Statutory information

SMD Accounts LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

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.	Employee information

The average number of employees during the year was 3 (2025 - 3 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2025

and 31 March 2026

39,670

Depreciation

At 1 April 2025

13,945

Charge for year

8,575

At 31 March 2026

22,520

Net book value

At 31 March 2026

17,150

At 31 March 2025

25,725

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

46,657

47,448

Other debtors

6,316

6,920

52,973

54,368

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

920

1,026

Taxation and social security

19,484

17,738

Other creditors

9,377

12,158

29,781

30,922

7.

Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.