Smart Sales And Hire LTD

Smart Sales And Hire LTD
Contents Page
For the year ended 30 September 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

Registered Number: 12232253 Smart Sales And Hire LTD
Statement of Financial Position
As at 30 September 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	70,406	66,822
		70,406	66,822
Current assets
Debtors		19,988	28,000
Cash at bank and in hand		209	2,822
		20,197	30,822
Creditors: amount falling due within one year		(38,917)	(51,512)
Net current assets		(18,720)	(20,690)

Total assets less current liabilities		51,686	46,132
Creditors: amount falling due after more than one year		(63,699)	(61,023)
Net assets		(12,013)	(14,891)

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(12,014)	(14,893)
Shareholders' funds		(12,013)	(14,892)

For the year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 26 June 2026 and were signed by:

-------------------------------
Rana Muhammad Aijaz Mahmood
Director

1

Smart Sales And Hire LTD
Notes to the Abridged Financial Statements
For the year ended 30 September 2025

General Information

Smart Sales And Hire LTD is a private company, limited by shares, registered in England and Wales, registration number 12232253, registration address 137 Trehern Road, Coventry, West Midlands, CV6 3DZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

10% Reducing Balance

2.	Average number of employees Average number of employees during the year was 0 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Total
	£	£
At 01 October 2024	76,991	76,991
Additions	14,850	14,850
Disposals	(4,250)	(4,250)
At 30 September 2025	87,591	87,591
Depreciation
At 01 October 2024	10,169	10,169
Charge for year	7,823	7,823
On disposals	(807)	(807)
At 30 September 2025	17,185	17,185
Net book values
Closing balance as at 30 September 2025	70,406	70,406
Opening balance as at 01 October 2024	66,822	66,822

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Class A share of £1.00 each	1		1
	1		1

2

Registered Number: 12232253
England and Wales
SMART SALES AND HIRE LTD

Abridged Accounts

Period of accounts Start date: 01 October 2024 End date: 30 September 2025