REGISTERED NUMBER: 07507809 (England and Wales)

Financial Statements for the Year Ended 31 January 2026

for

SMS Cost Consultancy Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S M Sowerby

REGISTERED OFFICE:

International House

61 Mosley Street

Manchester

M2 3HZ

REGISTERED NUMBER:

07507809 (England and Wales)

ACCOUNTANTS:

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,996

1,520

1,996

1,520

CURRENT ASSETS

Debtors

6

338,576

309,225

Cash at bank

35,295

17,381

373,871

326,606

CREDITORS

Amounts falling due within one year

7

76,958

45,240

NET CURRENT ASSETS

296,913

281,366

TOTAL ASSETS LESS CURRENT LIABILITIES

298,909

282,886

PROVISIONS FOR LIABILITIES

379

289

NET ASSETS

298,530

282,597

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

298,430

282,497

SHAREHOLDERS' FUNDS

298,530

282,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 3 July 2026 and were signed by:

S M Sowerby - Director

1.	STATUTORY INFORMATION

SMS Cost Consultancy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

and 31 January 2026

36,000

AMORTISATION

At 1 February 2025

and 31 January 2026

36,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

2,743

Additions

1,524

Disposals

(1,030

)

At 31 January 2026

3,237

DEPRECIATION

At 1 February 2025

1,223

Charge for year

622

Eliminated on disposal

(604

)

At 31 January 2026

1,241

NET BOOK VALUE

At 31 January 2026

1,996

At 31 January 2025

1,520

6.

DEBTORS

31.1.26

31.1.25

£

£

Amounts falling due within one year:

Trade debtors

20,409

17,585

Other debtors

527

-

20,936

17,585

31.1.26

31.1.25

£

£

Amounts falling due after more than one year:

Other debtors

317,640

291,640

Aggregate amounts

338,576

309,225

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

5,153

4,667

Taxation and social security

38,939

35,922

Other creditors

32,866

4,651

76,958

45,240

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

S M Sowerby

Balance outstanding at start of year

(3,101

)

(47,668

)

Amounts advanced

75,350

53,020

Amounts repaid

(103,500

)

(8,453

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(31,251

)

(3,101

)