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Company Registration No. 13997599 (England and Wales)
SM EUROPE FASHIONS LTD Unaudited accounts for the year ended 31 March 2026
SM EUROPE FASHIONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SM EUROPE FASHIONS LTD Company Information for the year ended 31 March 2026
Director
Sergio Orlando Martins Rocha
Company Number
13997599 (England and Wales)
Registered Office
Unit 6 Far Green Industrial Estate Chell Street Stoke-on-Trent Staffordshire ST1 6AZ England
Accountants
Taxsolvers 108 Belgrave Gate Leicester Leicestershire LE1 3GR
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SM EUROPE FASHIONS LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
15,716
22,288
Current assets
Inventories
477,500
780,000
Debtors
5
-
7,159
Cash at bank and in hand
282,254
342,694
759,754
1,129,853
Creditors: amounts falling due within one year
6
(692,566)
(1,082,633)
Net current assets
67,188
47,220
Net assets
82,904
69,508
Capital and reserves
Called up share capital
100
100
Profit and loss account
82,804
69,408
Shareholders' funds
82,904
69,508
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 his 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 4 June 2026 and were signed on its behalf by
Sergio Orlando Martins Rocha Director Company Registration No. 13997599
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SM EUROPE FASHIONS LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
SM EUROPE FASHIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13997599. The registered office is Unit 6, Far Green Industrial Estate, Chell Street, Stoke-on-Trent, Staffordshire, ST1 6AZ, England.
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:
Plant & machinery
20% on Straight Line method
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
33.33% on Straight Line method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
9,935
23,650
5,069
1,074
39,728
At 31 March 2026
9,935
23,650
5,069
1,074
39,728
Depreciation
At 1 April 2025
5,271
10,544
1,267
358
17,440
Charge for the year
1,987
3,277
950
358
6,572
At 31 March 2026
7,258
13,821
2,217
716
24,012
Net book value
At 31 March 2026
2,677
9,829
2,852
358
15,716
At 31 March 2025
4,664
13,106
3,802
716
22,288
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SM EUROPE FASHIONS LTD Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Other debtors
-
7,159
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
53,974
96,371
Trade creditors
615,487
958,161
Amounts owed to group undertakings and other participating interests
10,000
10,000
Taxes and social security
1,769
10,893
Other creditors
4,103
-
Loans from directors
7,000
7,000
Accruals
233
208
692,566
1,082,633
7
Average number of employees
During the year the average number of employees was 3 (2025: 2).
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