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Registered number: 07247586
Smart R Distribution Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
1 Accounts Online Ltd
Office 117 The Epicentre
Enterprise Way
Haverhill
Suffolk
CB9 7LR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07247586
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 248,156 253,166
248,156 253,166
CURRENT ASSETS
Stocks 5 190,023 288,902
Debtors 6 150,736 150,858
Cash at bank and in hand 42,824 20,987
383,583 460,747
Creditors: Amounts Falling Due Within One Year 7 (250,248 ) (233,542 )
NET CURRENT ASSETS (LIABILITIES) 133,335 227,205
TOTAL ASSETS LESS CURRENT LIABILITIES 381,491 480,371
Creditors: Amounts Falling Due After More Than One Year 8 (45,240 ) (63,674 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (807 ) (1,078 )
Deferred Taxation (3,811 ) (5,150 )
NET ASSETS 331,633 410,469
CAPITAL AND RESERVES
Called up share capital 10 550 1,000
Capital redemption reserve 450 -
Profit and Loss Account 330,633 409,469
SHAREHOLDERS' FUNDS 331,633 410,469
Page 1
Page 2
For the year ending 30 September 2025 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 directors acknowledge their 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
Mr Neill Williams
Director
22 June 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Smart R Distribution Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07247586 . The registered office is Smart R House 13 Moonhall Business Park, Helions Bumpstead Road, Haverhill, Suffolk, CB9 7AA.
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 depreciated
Plant & Machinery 20% reducing balance
Computer Equipment 33% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 9)
8 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2024 233,618 47,983 36,179 317,780
Disposals - - (750 ) (750 )
As at 30 September 2025 233,618 47,983 35,429 317,030
Depreciation
As at 1 October 2024 - 30,767 33,847 64,614
Provided during the period - 3,443 1,567 5,010
Disposals - - (750 ) (750 )
As at 30 September 2025 - 34,210 34,664 68,874
Net Book Value
As at 30 September 2025 233,618 13,773 765 248,156
As at 1 October 2024 233,618 17,216 2,332 253,166
5. Stocks
2025 2024
£ £
Stock 190,023 288,902
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Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 147,541 148,120
Prepayments and accrued income 2,648 2,191
Other debtors 547 547
150,736 150,858
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 179,706 173,533
Bank loans and overdrafts 19,220 19,043
Corporation tax 21,569 8,835
Other taxes and social security 3,599 5,800
VAT 24,429 16,000
Other creditors 162 155
Accruals and deferred income 477 3,576
Directors' loan accounts 1,086 6,600
250,248 233,542
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 45,240 63,674
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 1,483 11,794
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 64,249 82,715
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 550 1,000
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Page 6
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 9,783 9,490
Later than one year and not later than five years 12,287 21,926
22,070 31,416
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