SmartTasking.com Limited - Filleted accounts

SmartTasking.com Limited
Registered number:		09679782
Statement of Financial Position
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		6,058			17,546
Financial assets			49			49
			6,107			17,595

Current assets
Debtors	4	993,691			598,214
Cash at bank and in hand		859,091			56,127
		1,852,782			654,341

Creditors: amounts falling due within one year	5	(1,655,990)			(561,763)

Net current assets			196,792			92,578

Total assets less current liabilities			202,899			110,173

Creditors: amounts falling due after more than one year	6		(20,833)			(70,833)

Provisions for liabilities			(1,619)			(3,334)

Net assets			180,447			36,006

Capital and reserves
Called up share capital			150			150
Profit and loss account			180,297			35,856

Shareholders' funds			180,447			36,006

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Niall Anderson
Director
Approved by the board on 30 July 2026

SmartTasking.com Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the rendering of services and is recognised by reference to the stage of completion of contracts. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. All changes in fair value and impairment losses are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					17		24


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 January 2025							48,871
	Disposals							(16,667)
	At 31 December 2025							32,204

	Depreciation
	At 1 January 2025							31,325
	Charge for the year							8,628
	On disposals							(13,807)
	At 31 December 2025							26,146

	Net book value
	At 31 December 2025							6,058
	At 31 December 2024							17,546


4	Debtors					2025		2024
£							£

	Trade debtors					962,249		565,863
	Prepayments					6,032		3,800
	Accrued income					4,419		11,192
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					3,887		3,662
	Other debtors					17,104		13,697
						993,691		598,214


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					50,807		54,933
	Trade creditors					952,116		424,295
	Accruals					101,599		28,399
	Corporation tax					94,683		7,006
	Other taxes and social security costs					281,883		36,199
	Other creditors					174,902		10,931
						1,655,990		561,763


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					20,833		70,833


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Niall Anderson
	Repayable on demand	-		10,000		-		10,000

		-		10,000		-		10,000


8	Other information

	SmartTasking.com Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Office 4f 5b, Abbey House
	282 Farnborough Road
	Farnborough
	Hampshire
	GU14 7NA