REGISTERED NUMBER: SC535371 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

Smart Group Building Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Harkins

S Harkins

REGISTERED OFFICE:

Solar House

121 Deerdykes View

Cumbernauld

Glasgow

G68 9HN

REGISTERED NUMBER:

SC535371 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

8,317

9,883

CURRENT ASSETS

Debtors

5

130,673

203,739

Cash at bank

-

23,682

130,673

227,421

CREDITORS

Amounts falling due within one year

6

354,354

235,329

NET CURRENT LIABILITIES

(223,681

)

(7,908

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(215,364

)

1,975

PROVISIONS FOR LIABILITIES

7

-

1,878

NET (LIABILITIES)/ASSETS

(215,364

)

97

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(215,374

)

87

SHAREHOLDERS' FUNDS

(215,364

)

97

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:

J L Harkins - Director

S Harkins - Director

1.	STATUTORY INFORMATION

Smart Group Building Services Ltd is a private company, limited by shares , registered in Scotland. 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.

Management have reviewed the financial position of the business and believe the business will continue for the foreseeable future. Therefore, the accounts have been prepared on the going concern basis.

Turnover

Turnover 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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

20% on cost

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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 6 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

648

10,000

1,040

11,688

DEPRECIATION

At 1 November 2024

97

1,500

208

1,805

Charge for year

83

1,275

208

1,566

At 31 October 2025

180

2,775

416

3,371

NET BOOK VALUE

At 31 October 2025

468

7,225

624

8,317

At 31 October 2024

551

8,500

832

9,883

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

3,600

80,000

Other debtors

127,073

123,739

130,673

203,739

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

10,853

-

Trade creditors

224,585

196,229

Taxation and social security

27,332

19,008

Other creditors

91,584

20,092

354,354

235,329

7.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

-

1,878

Deferred

tax

£

Balance at 1 November 2024

1,878

Provided during year

(1,878

)

Balance at 31 October 2025

-

8.	RELATED PARTY DISCLOSURES

At 31/10/2025, Smart Group Building Services Ltd was owed £23,713 (PY - £8,360) from JGS Developments Ltd. The companies share directors.

At 31/10/2025, Smart Group Building Services Ltd owed £5,395 (PY - £17,300) to Harkins Developments Ltd. The companies share directors.

At 31/10/2025, Smart Group Building Services Ltd owed £5,000 (PY - £0) to Smart Group (Scotland) LTd. The companies share a director.

The directors have loan accounts with the company. At the year end the amount due to the company was £87,672 (PY - £13.821). The loan has no fixed repayment terms.