REGISTERED NUMBER: 11002195 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

S J SMITH LETTINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Atlantis Bond Limited

Ms R Balchin

REGISTERED OFFICE:

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

REGISTERED NUMBER:

11002195 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Property, plant and equipment

3

9,763

10,164

CURRENT ASSETS

Debtors

4

251,231

16,875

Cash at bank and in hand

8,332

153,061

259,563

169,936

CREDITORS

Amounts falling due within one year

5

98,260

120,767

NET CURRENT ASSETS

161,303

49,169

TOTAL ASSETS LESS CURRENT LIABILITIES

171,066

59,333

CREDITORS

Amounts falling due after more than one year

6

-

6,062

NET ASSETS

171,066

53,271

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

171,065

53,270

171,066

53,271

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 31 July 2026 and were signed on its behalf by:

Ms R Balchin - Director

1.	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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 8 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 November 2024

13,022

Additions

3,327

At 31 October 2025

16,349

DEPRECIATION

At 1 November 2024

2,858

Charge for year

3,728

At 31 October 2025

6,586

NET BOOK VALUE

At 31 October 2025

9,763

At 31 October 2024

10,164

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

67,756

13,400

Amounts owed by group undertakings

175,000

-

Other debtors

8,475

3,475

251,231

16,875

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

6,360

8,611

Trade creditors

10,950

7,239

Taxation and social security

74,707

53,516

Other creditors

6,243

51,401

98,260

120,767

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

6,062

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

Atlantis Bond Limited

Balance outstanding at start of year

-

-

Amounts advanced

175,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

175,000

-

8.	RELATED PARTY DISCLOSURES

During the year the company advanced £175,000 to Atlantis Bond Limited, its parent undertaking and a director. The advance is interest free, unsecured and repayable on demand. The amount outstanding at 31 October 2025 was £175,000 (2024: £nil).