REGISTERED NUMBER: 11664225 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Sm Direct (Property) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr S Majid

Registered office:

Library Chambers

48 Union Street

Hyde

Cheshire

SK14 1ND

Registered number:

11664225 (England and Wales)

Accountants:

Allen Mills Howard & Co

Library Chambers

48 Union Street

Hyde

Cheshire

SK14 1ND

Fixed assets

Tangible assets

4

697,462

697,462

Current assets

Debtors

5

400

400

Cash at bank

125,293

180,631

125,693

181,031

Creditors

Amounts falling due within one year

6

295,476

354,587

Net current liabilities

(169,783

)

(173,556

)

Total assets less current liabilities

527,679

523,906

Creditors

Amounts falling due after more than one year

7

504,380

505,287

Net assets

23,299

18,619

Capital and reserves

Called up share capital

8

5

5

Retained earnings

23,294

18,614

Shareholders' funds

23,299

18,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

Mr S Majid - Director

1.	Statutory information

Sm Direct (Property) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Freehold property

-

no depreciation charged

Long leasehold

-

no depreciation charged

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees and directors

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

4.	Tangible fixed assets

Freehold

Long

property

leasehold

Totals

£

£

£

Cost

At 1 December 2024

and 30 November 2025

260,073

437,389

697,462

Net book value

At 30 November 2025

260,073

437,389

697,462

At 30 November 2024

260,073

437,389

697,462

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

400

400

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

21,896

20,989

Taxation and social security

20

20

Other creditors

273,560

333,578

295,476

354,587

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

504,380

505,287

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

504,380

505,287

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

5

5