1 April 2025 false No description of principal activity Taxfiler 2024.6 14006042 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 14006042 2025-03-31 14006042 2025-04-01 2026-03-31 14006042 business:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 14006042 business:FilletedAccounts 2025-04-01 2026-03-31 14006042 2026-03-31 14006042 2025-03-31 14006042 core:AfterOneYear 2026-03-31 14006042 core:AfterOneYear 2025-03-31 14006042 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 14006042 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 14006042 core:PreviouslyStatedAmount 2026-03-31 14006042 core:PreviouslyStatedAmount 2025-03-31 14006042 business:SmallEntities 2025-04-01 2026-03-31 14006042 business:Director1 2025-04-01 2026-03-31 14006042 countries:EnglandWales 2025-04-01 2026-03-31 14006042 business:RegisteredOffice 2025-04-01 2026-03-31 14006042 core:PlantMachinery 2025-03-31 14006042 core:PlantMachinery 2026-03-31 14006042 core:PlantMachinery 2025-04-01 2026-03-31 14006042 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Smiths Mortgages Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
1,287
2,571
Current assets
Cash at bank and in hand
21,137
28,633
Net current assets
21,137
28,633
Total assets less current liabilities
22,424
31,204
Creditors: amounts falling due after more than one year
5
(17,691)
(20,336)
Net assets
4,733
10,868
Capital and reserves
Profit and loss account
4,733
10,868
Shareholders' funds
4,733
10,868
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 May 2026 and were signed on its behalf by
Dionne Smith Director Company Registration No. 14006042
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Smiths Mortgages Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Smiths Mortgages Ltd is a private company, limited by shares, registered in England and Wales, registration number 14006042. The registered office is 575 to 599 Maxted Road, Hemel Hempstead, Herts, HP2 7DX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2025
5,139
At 31 March 2026
5,139
Depreciation
At 1 April 2025
2,568
Charge for the year
1,284
At 31 March 2026
3,852
Net book value
At 31 March 2026
1,287
At 31 March 2025
2,571
5
Creditors: amounts falling due after more than one year
2026
2025
£
£
Taxes and social security
2,619
2,368
Accruals
15,072
17,968
17,691
20,336
6
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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