REGISTERED NUMBER: 06508401 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

& SMITH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D H Bernstein

Ms R S M Smith

SECRETARY:

Ms R S M Smith

REGISTERED OFFICE:

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

REGISTERED NUMBER:

06508401 (England and Wales)

ACCOUNTANTS:

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

FIXED ASSETS

Tangible assets

4

14,016

12,387

CURRENT ASSETS

Debtors

5

180,533

117,263

Cash at bank

237,081

217,720

417,614

334,983

CREDITORS

Amounts falling due within one year

6

347,285

235,761

NET CURRENT ASSETS

70,329

99,222

TOTAL ASSETS LESS CURRENT LIABILITIES

84,345

111,609

PROVISIONS FOR LIABILITIES

3,504

3,097

NET ASSETS

80,841

108,512

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

80,741

108,412

SHAREHOLDERS' FUNDS

80,841

108,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

Mr D H Bernstein - Director

Ms R S M Smith - Director

1.	STATUTORY INFORMATION

& Smith Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents amounts receivable for graphic design services provided net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website development

-

Straight line over 3 years

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Website

and

Computer

development

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2025

9,660

30,864

34,693

75,217

Additions

-

-

4,859

4,859

At 28 February 2026

9,660

30,864

39,552

80,076

DEPRECIATION

At 1 March 2025

4,792

28,560

29,478

62,830

Charge for year

1,217

576

1,437

3,230

At 28 February 2026

6,009

29,136

30,915

66,060

NET BOOK VALUE

At 28 February 2026

3,651

1,728

8,637

14,016

At 28 February 2025

4,868

2,304

5,215

12,387

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

179,648

116,664

Other debtors

61

-

Prepayments

824

599

180,533

117,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

25,367

27,001

Taxation

78,752

77,014

Social security and other taxes

-

5,131

Value added tax

39,387

32,135

Other creditors

-

1,469

Directors' current accounts

1,444

1,215

Deferred income

193,308

88,261

Accruals

9,027

3,535

347,285

235,761