Registration number: 16053807

Smartrium Uk Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Smartrium Uk Ltd

Company Information

Director

Mr Warwick Hooper

Registered office

Unit 10A Oxford Road Pen Mill Trading Estate Yeovil England BA21 5HR

Accountants

T B Tax Services Bridge House Pattenden Lane Marden Kent TN12 9QJ

Smartrium Uk Ltd

(Registration number: 16053807)
Balance Sheet as at 31 December 2025

	Note	2025 £
Fixed assets
Intangible assets	4	8,712
Tangible assets	5	2,083
		10,795
Current assets
Debtors	6	32,433
Cash at bank and in hand		179,999
		212,432
Creditors: Amounts falling due within one year	7	(189,623)
Net current assets		22,809
Total assets less current liabilities		33,604
Creditors: Amounts falling due after more than one year	7	(6,118)
Net assets		27,486
Capital and reserves
Called up share capital	8	100
Retained earnings		27,386
Shareholders' funds		27,486

For the financial period ending 31 December 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 period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 April 2026
 

......................................... Mr Warwick Hooper Director

Smartrium Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 31 October 2024 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Unit 10A Oxford Road
Pen Mill Trading Estate
Yeovil
BA21 5HR
England

These financial statements were authorised for issue by the director on 22 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Smartrium Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 31 October 2024 to 31 December 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Smartrium Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 31 October 2024 to 31 December 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2.

Smartrium Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 31 October 2024 to 31 December 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	8,712	8,712
At 31 December 2025	8,712	8,712
Amortisation
Carrying amount
At 31 December 2025	8,712	8,712

5	Tangible assets

	Office equipment £	Total £
Cost or valuation
Additions	2,151	2,151
At 31 December 2025	2,151	2,151
Depreciation
Charge for the period	68	68
At 31 December 2025	68	68
Carrying amount
At 31 December 2025	2,083	2,083

6

Debtors

Current	2025 £
Trade debtors	20,538
Prepayments	11,782
Other debtors	113
	32,433

7

Creditors

Creditors: amounts falling due within one year

Smartrium Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 31 October 2024 to 31 December 2025

	Note	2025 £
Due within one year
Loans and borrowings	9	77,253
Trade creditors		82,679
Taxation and social security		29,691
		189,623

Creditors: amounts falling due after more than one year

	Note	2025 £
Due after one year
Loans and borrowings	9	6,118

8	Share capital

9	Loans and borrowings

Non-current loans and borrowings

	2025 £
Finance lease liabilities	6,118

Current loans and borrowings

	2025 £
Bank borrowings	77,253