SMART Regulatory Services Limited

SMART Regulatory Services Limited
Contents Page
For the year ended 31 October 2025

Balance Sheet	1
Notes to the Financial Statements	2

Registered Number: 06392607 SMART Regulatory Services Limited
Balance Sheet
As at 31 October 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	7,600	25,753
Cash at bank and in hand		28,780	25,923
		36,380	51,676
Creditors: amount falling due within one year	4	(20,767)	(29,560)
Net current assets		15,613	22,116

Total assets less current liabilities		15,613	22,116
Net assets		15,613	22,116

Capital and reserves
Called up share capital		1	1
Profit and loss account		15,612	22,115
Shareholders' funds		15,613	22,116

For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 27 July 2026 and were signed by:

-------------------------------
Linda Sinead Usher
Director

1

SMART Regulatory Services Limited
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

SMART Regulatory Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06392607, registration address Chiltern, Bridge Road, Llanbethian, Cowbridge, CF71 7JG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the companys activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	7,056	24,696
Other Debtors	544	1,057
	7,600	25,753

4.

Creditors: amount falling due within one year

	2025 £	2024 £
Taxation and Social Security	19,237	27,949
Other Creditors	1,530	1,611
	20,767	29,560

2

Registered Number: 06392607
England and Wales
Unaudited Financial Statements

for the year ended 31 October 2025
for
SMART REGULATORY SERVICES LIMITED