Company Registration No. 15856919 (England and Wales)
Smith Serviced Accommodation Limited
Unaudited accounts
for the period from 1 August 2025 to 28 February 2026
Smith Serviced Accommodation Limited
Unaudited accounts
Contents
Smith Serviced Accommodation Limited
Company Information
for the period from 1 August 2025 to 28 February 2026
Company Number
15856919 (England and Wales)
Registered Office
44 Brookwood Road
Southampton
SO16 9AJ
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Smith Serviced Accommodation Limited
Statement of financial position
as at 28 February 2026
Investment property
139,905
141,570
Cash at bank and in hand
1,393
10
Creditors: amounts falling due within one year
(3,478)
(6,328)
Net current liabilities
(2,085)
(6,318)
Total assets less current liabilities
137,820
135,252
Creditors: amounts falling due after more than one year
(142,880)
(139,283)
Net liabilities
(5,060)
(4,031)
Called up share capital
1
1
Profit and loss account
(5,061)
(4,032)
Shareholders' funds
(5,060)
(4,031)
For the period 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. 15856919
Smith Serviced Accommodation Limited
Notes to the Accounts
for the period from 1 August 2025 to 28 February 2026
Smith Serviced Accommodation Limited is a private company, limited by shares, registered in England and Wales, registration number 15856919. The registered office is 44 Brookwood Road, Southampton, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Investment property is included initially at cost and then revalued annually at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
At the balance sheet date the companies liabilities exceeded it's assets and it's ability to trade is dependent on the financial support of the current directors and shareholders. Such financial support will continue to be made and these accounts have been prepared on the basis that the company will continue to trade normally.
The current financial statements cover a shortened period of seven months following a change in the company’s accounting reference date. The year end was changed to make the company’s reporting period coterminous with that of its related companies. Accordingly, the figures for the current period are not directly comparable with those of the preceding financial year.
Fair value at 1 August 2025
141,570
Net loss from fair value adjustments
(1,665)
At 28 February 2026
139,905
Smith Serviced Accommodation Limited
Notes to the Accounts
for the period from 1 August 2025 to 28 February 2026
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
2,718
5,608
6
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
45,487
26,692
Loans from directors
19,239
36,999
During the year the company maintained a loan account with its director Mr. Ben Samuel Smith. As at the period end date the
company owed its director Mr. Ben Samuel Smith was £19,239 (2025 - £36,999).
8
Transactions with related parties
As at the year end date the company owed a B Smith Engineering Consultancy Ltd a related company under common control an amount of £45,487 (2025 - £26,692). No interest is accruing on this balance.
9
Average number of employees
During the period the average number of employees was 2 (2025: 2).