Smiletax Ltd - Accounts

Smiletax Ltd
Contents Page
For the year ended 31 December 2025

Company Information	1
Directors' Report	2
Accountants' Report	3
Statement of Financial Position	4
Notes to the Financial Statements	5

Smiletax Ltd
Company Information
For the year ended 31 December 2025

Directors	S J Cassidy Jr J S Foster M L Mackenzie
Registered Number	15356383
Registered Office	20 Wenlock Road London N1 7GU
Accountants	Blue Peak Unit 6 Mill Farm Sonning Eye RG4 6TR

1

Smiletax Ltd
Directors' Report
For the year ended 31 December 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 December 2025.

Principal activities

The company's principal activity during the year was providing tax filing services.

Directors

The directors who served the company throughout the year were as follows:

S J Cassidy Jr

J S Foster

M L Mackenzie

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
M L Mackenzie
Director

Date approved: 16 September 2026

2

Smiletax Ltd Accountants' Report For the year ended 31 December 2025
You consider that the company is exempt from an audit for the year ended 31 December 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... Blue Peak Unit 6 Mill Farm Sonning Eye RG4 6TR 16 September 2026 3

Smiletax Ltd
Accountants' Report
For the year ended 31 December 2025

You consider that the company is exempt from an audit for the year ended 31 December 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................
Blue Peak
Unit 6
Mill Farm
Sonning Eye
RG4 6TR
16 September 2026

3

Smiletax Ltd
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	1,121	1,058
Cash at bank and in hand		15,088	1,067
		16,209	2,125
Creditors: amount falling due within one year	4	0	(5,120)
Net current assets		16,209	(2,995)

Total assets less current liabilities		16,209	(2,995)
Net assets		16,209	(2,995)

Capital and reserves
Called up share capital		1,529	1,500
Share Premium Account	5	74,971	0
Profit and loss account		(60,291)	(4,495)
Shareholders' funds		16,209	(2,995)

For the year ended 31 December 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.
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.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 16 September 2026 and were signed on its behalf by:

-------------------------------
M L Mackenzie
Director

4

Smiletax Ltd
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

Smiletax Ltd is a private company, limited by shares, registered in England and Wales, registration number 15356383, registration address 20 Wenlock Road, London, N1 7GU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	1,121		1,058
	1,121		1,058

4.

Creditors: amount falling due within one year

	2025 £		2024 £
Other Creditors	0		5,120
	0		5,120

5.

Share Premium Account

	2025 £		2024 £
Equity Share Premium - New Issue	74,971		0
	74,971		0

5