Electrosmith Ltd

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

Registered number: 09389783

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		22,623		26,967

			22,623		26,967
CURRENT ASSETS
Debtors	5	75,880		22,045
Cash at bank and in hand		91,804		70,818

		167,684		92,863
Creditors: Amounts Falling Due Within One Year	6	(138,480 )		(66,992 )

NET CURRENT ASSETS (LIABILITIES)			29,204		25,871

TOTAL ASSETS LESS CURRENT LIABILITIES			51,827		52,838

Creditors: Amounts Falling Due After More Than One Year	7		(20,218 )		(32,697 )

NET ASSETS			31,609		20,141

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			31,607		20,139

SHAREHOLDERS' FUNDS			31,609		20,141

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Electrosmith Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 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 directors acknowledge their 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 Grant Christie Director	Mr Charlie Smith Director
16th June 2026

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

1. General Information

Electrosmith Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09389783 . The registered office is Sovereign House, 2a Belmont Road, Sutton,Greater London, United Kingdom, SM2 6DW.

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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line Method
Motor Vehicles	25% and 20% Straight Line Method
Computer Equipment	25% Straight Line Method

2.4. Taxation

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

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.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

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Electrosmith Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	4,217	50,528	8,309	63,054
Additions	633	10,526	374	11,533

As at 31 January 2026	4,850	61,054	8,683	74,587

Depreciation
As at 1 February 2025	3,295	28,550	4,242	36,087
Provided during the period	819	13,404	1,654	15,877

As at 31 January 2026	4,114	41,954	5,896	51,964

Net Book Value
As at 31 January 2026	736	19,100	2,787	22,623

As at 1 February 2025	922	21,978	4,067	26,967

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	69,161	20,378
Other debtors	6,719	1,667

	75,880	22,045

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	28,277	14,412
Bank loans and overdrafts	6,442	-
Other creditors	48,723	17,579
Taxation and social security	55,038	35,001

	138,480	66,992

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Electrosmith Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

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

	2026	2025
	£	£
Bank loans	20,218	32,697

	20,218	32,697

8. Loans

An analysis of the maturity of loans is given below:

	2026	2025
	£	£
Amounts falling due within one year or on demand:
Bank loans	6,442	-

	6,442	-

	2026	2025
	£	£
Amounts falling due between one and five years:
Bank loans	20,218	32,697

	20,218	32,697

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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