Company Registration No. 08748721 (England and Wales)
Smart Electrics Limited
Unaudited accounts
for the year ended 31 March 2026
Smart Electrics Limited
Unaudited accounts
Contents
Smart Electrics Limited
Company Information
for the year ended 31 March 2026
Directors
Mr Stuart French
Mr Mark Cook
Company Number
08748721 (England and Wales)
Registered Office
15 Grayswood Road
Birmingham
West Midlands
B31 4QR
England
Accountants
DMW Accountancy Services
Apartment 4, Sycamore House
9 Fulford Close
Wythall
Worcestershire
B47 6HJ
Smart Electrics Limited
Statement of financial position
as at 31 March 2026
Tangible assets
103,005
25,762
Cash at bank and in hand
11,070
30,021
Creditors: amounts falling due within one year
(102,275)
(104,131)
Net current (liabilities)/assets
(9,686)
20,130
Total assets less current liabilities
93,319
45,892
Creditors: amounts falling due after more than one year
(16,687)
(32,865)
Provisions for liabilities
Other provisions
(6,230)
(4,896)
Called up share capital
100
100
Profit and loss account
70,302
8,031
Shareholders' funds
70,402
8,131
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2026 and were signed on its behalf by
Mr Stuart French
Director
Company Registration No. 08748721
Smart Electrics Limited
Notes to the Accounts
for the year ended 31 March 2026
Smart Electrics Limited is a private company, limited by shares, registered in England and Wales, registration number 08748721. The registered office is 15 Grayswood Road, Birmingham, West Midlands, B31 4QR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
-
5,058
37,400
42,458
Additions
70,216
857
12,156
83,229
At 31 March 2026
70,216
5,915
49,556
125,687
At 1 April 2025
-
4,392
12,304
16,696
Charge for the year
-
576
5,410
5,986
At 31 March 2026
-
4,968
17,714
22,682
At 31 March 2026
70,216
947
31,842
103,005
At 31 March 2025
-
666
25,096
25,762
Smart Electrics Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
61,583
78,468
Accrued income and prepayments
1,097
1,377
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
6,000
6,600
Obligations under finance leases and hire purchase contracts
11,736
5,882
Trade creditors
37,214
49,061
Taxes and social security
21,189
11,271
Loans from directors
24,636
28,072
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
-
10,761
8
Average number of employees
During the year the average number of employees was 4 (2025: 4).