1 March 2025 false Taxfiler 2024.6 14634535 business:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 14634535 2025-02-28 14634535 2025-03-01 2026-02-28 14634535 business:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 14634535 business:FilletedAccounts 2025-03-01 2026-02-28 14634535 2026-02-28 14634535 business:Director1 2025-03-01 2026-02-28 14634535 business:RegisteredOffice 2025-03-01 2026-02-28 14634535 2025-02-28 14634535 core:WithinOneYear 2026-02-28 14634535 core:WithinOneYear 2025-02-28 14634535 core:AfterOneYear 2026-02-28 14634535 core:AfterOneYear 2025-02-28 14634535 core:ShareCapital core:PreviouslyStatedAmount 2026-02-28 14634535 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 14634535 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-02-28 14634535 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 14634535 core:PreviouslyStatedAmount 2026-02-28 14634535 core:PreviouslyStatedAmount 2025-02-28 14634535 business:SmallEntities 2025-03-01 2026-02-28 14634535 countries:EnglandWales 2025-03-01 2026-02-28 14634535 core:MotorVehicles 2025-03-01 2026-02-28 14634535 core:ComputerEquipment 2025-03-01 2026-02-28 14634535 core:MotorVehicles 2025-02-28 14634535 core:ComputerEquipment 2025-02-28 14634535 core:MotorVehicles 2026-02-28 14634535 core:ComputerEquipment 2026-02-28 14634535 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14634535 (England and Wales)
B Smith Engineering Consultancy Limited Unaudited accounts for the year ended 28 February 2026
B Smith Engineering Consultancy Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
B Smith Engineering Consultancy Limited Company Information for the year ended 28 February 2026
Director
Ben Samuel Smith
Company Number
14634535 (England and Wales)
Registered Office
C/O 365 Accounts Ltd 44 Brookwood Road Millbrook Southampton Hampshire SO16 9AJ England
Accountants
365 Accounts Ltd 44 Brookwood Road Southampton Hampshire SO16 9AJ
- 3 -
B Smith Engineering Consultancy Limited Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
16,568
-
Current assets
Debtors
5
64,704
38,600
Cash at bank and in hand
19,233
26,991
83,937
65,591
Creditors: amounts falling due within one year
6
(34,118)
(26,756)
Net current assets
49,819
38,835
Total assets less current liabilities
66,387
38,835
Creditors: amounts falling due after more than one year
7
(12,699)
-
Net assets
53,688
38,835
Capital and reserves
Called up share capital
2
2
Profit and loss account
53,686
38,833
Shareholders' funds
53,688
38,835
For the year ending 28 February 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 8 July 2026 and were signed on its behalf by
Ben Samuel Smith Director Company Registration No. 14634535
- 4 -
B Smith Engineering Consultancy Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
B Smith Engineering Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 14634535. The registered office is C/O 365 Accounts Ltd, 44 Brookwood Road Millbrook, Southampton, Hampshire, SO16 9AJ, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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:
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2025
-
-
-
Additions
15,950
1,161
17,111
At 28 February 2026
15,950
1,161
17,111
Depreciation
Charge for the year
332
211
543
At 28 February 2026
332
211
543
Net book value
At 28 February 2026
15,618
950
16,568
- 5 -
B Smith Engineering Consultancy Limited Notes to the Accounts for the year ended 28 February 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
19,217
14,508
Other debtors
45,487
24,092
64,704
38,600
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
4,731
5,714
Obligations under finance leases and hire purchase contracts
2,252
-
Trade creditors
56
361
Taxes and social security
14,508
20,667
Other creditors
12,571
-
Loans from directors
-
14
34,118
26,756
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
12,699
-
8
Loans to directors
During the year the company maintained a loan account with its director Mr. Ben Samuel Smith. As at the year end date the company owed its director Mr. Ben Samuel Smith £nil (2025 - £14).
9
Transactions with related parties
As at the year end date the company was owed by Smith Serviced Accommodation Ltd a related company under common control an amount of £45,487 (2025 - £24,092). No interest is accruing on this balance.
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).
- 6 -