Smeca Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13746194

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		2,865,480		1,756,131

			2,865,480		1,756,131
CURRENT ASSETS
Debtors	5	7,500		-
Cash at bank and in hand		100		1

		7,600		1
Creditors: Amounts Falling Due Within One Year	6	(579,119 )		(447,319 )

NET CURRENT ASSETS (LIABILITIES)			(571,519 )		(447,318 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,293,961		1,308,813

Creditors: Amounts Falling Due After More Than One Year	7		(563,386 )		-

NET ASSETS			1,730,575		1,308,813

CAPITAL AND RESERVES
Called up share capital	8		100		1
Profit and Loss Account			1,730,475		1,308,812

SHAREHOLDERS' FUNDS			1,730,575		1,308,813

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Smeca Group Limited

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Taylor

Director

8 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Smeca Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13746194 . The registered office is Unit 2 Desborough Industrial Park, Desborough Park Road, High Wycombe, HP12 3BG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Smeca Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.3. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.4. Investments in subsidiary undertakings

Investments in subsidiary undertakings are recognised initially at cost and subsequently measured at cost less any accumulated impairment losses.

Where consideration is deferred beyond normal credit terms and the arrangement constitutes a financing transaction, the consideration is recognised initially at its present value. The discount is unwound over the period of the financing arrangement using the effective interest method and recognised within finance costs.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Investments

	Subsidiaries
	£
Cost
As at 1 May 2025	1,756,131
Additions	1,109,349

As at 30 April 2026	2,865,480

Provision
As at 1 May 2025	-

As at 30 April 2026	-

Net Book Value
As at 30 April 2026	2,865,480

As at 1 May 2025	1,756,131

Holdings in subsidiaries are listed below:

Name	Country of incorporation	Class of shares	Holding
Interpak Ltd	England and Wales	Ordinary	100%
Argolin Ltd	England and Wales	Ordinary	100%

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Smeca Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by group undertakings	7,500	-

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Amounts owed to group undertakings	239,773	439,773
Other creditors	332,189	2,001
Taxation and social security	7,157	5,545

	579,119	447,319

Included within creditors is deferred consideration payable in respect of the acquisition of a subsidiary undertaking.

The liability is recognised initially at its present value of £893,575 in accordance with the company's accounting policy. The difference between the present value and the contractual settlement amount is recognised as a finance cost over the payment period using the effective interest method.

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	563,386	-

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	1

9. Ultimate Controlling Party

The company's ultimate controlling party is S Taylor by virtue of his ownership of 100% of the issued share capital in the company.

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