Registration number: 15208650

SMSH BN Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 4

SMSH BN Limited

Company Information

Directors

M H Merran T A Barnes A Demetriou M J Morrans G La Marca

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

SMSH BN Limited

Statement of Financial Position as at 31 October 2025

	Note	2025 £	2024 £
Current assets
Debtors	4	200	100
Cash at bank and in hand		129	-
		329	100
Creditors: Amounts falling due within one year	5	(6,398)	(1,450)
Net liabilities		(6,069)	(1,350)
Capital and reserves
Called up share capital		100	100
Retained earnings		(6,169)	(1,450)
Shareholders' deficit		(6,069)	(1,350)

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

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of SMSH BN Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 13 August 2026 and signed on its behalf by:
 

.........................................

A Demetriou

Director

Company registration number: 15208650

SMSH BN Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the ownership and exploitation of intellectual property.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a loss for the period ended 31st October 2025 and had net liabilities of £6,069 at that date.

The company funds its working capital requirements by way of financial support received from related undertakings whom an amount of £3,448 was due at 31 October 2025.

The company's operations are straight forward and expenses controllable with no fixed costs.

On the basis of the above, and after making enquires, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in the preparation of the financial statements.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

SMSH BN Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

4

Debtors

	2025 £	2024 £
Other debtors	200	100
	200	100

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	1,200	-
Accruals and deferred income	1,750	1,000
Other creditors	3,448	450
	6,398	1,450