REGISTERED NUMBER: 06367245

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 July 2026

for

Smartmaster Trade Ltd

Page

Company Information

1

Report of the Director

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

R Dawes

SECRETARY:

A F Keeves

REGISTERED OFFICE:

First Floor

9A, Magazine B, Ordnance Yard

Upnor Road, Lower Upnor

Rochester

Kent

ME2 4UY

REGISTERED NUMBER:

06367245

ACCOUNTANTS:

I.B.C.

First Floor, 9A, Magazine B,

Ordnance Yard, Upnor Road,

Lower Upnor,

Rochester

Kent

ME2 4UY

The director presents his report with the financial statements of the company for the year ended 31 July 2026.

DIRECTOR

R Dawes held office during the whole of the period from 1 August 2025 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R Dawes - Director

7 October 2026

TURNOVER

656,929

584,180

Cost of sales

482,789

455,177

GROSS PROFIT

174,140

129,003

Administrative expenses

70,865

69,002

OPERATING PROFIT and

PROFIT BEFORE TAXATION

103,275

60,001

Tax on profit

25,322

12,837

PROFIT FOR THE FINANCIAL YEAR

77,953

47,164

Retained earnings at beginning of year

108,329

74,665

Dividends

5

(15,000

)

(13,500

)

RETAINED EARNINGS AT END OF YEAR

171,282

108,329

FIXED ASSETS

Tangible assets

6

27,331

23,793

Investments

7

63

63

27,394

23,856

CURRENT ASSETS

Stocks

21,500

23,250

Debtors

8

10,000

2,158

Cash at bank

167,556

116,698

199,056

142,106

CREDITORS

Amounts falling due within one year

9

50,916

43,682

NET CURRENT ASSETS

148,140

98,424

TOTAL ASSETS LESS CURRENT LIABILITIES

175,534

122,280

CREDITORS

Amounts falling due after more than one year

10

4,152

13,851

NET ASSETS

171,382

108,429

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

171,282

108,329

SHAREHOLDERS' FUNDS

171,382

108,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 7 October 2026 and were signed by:

R Dawes - Director

1.	STATUTORY INFORMATION

Smartmaster Trade Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 8 (2025 - 8 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.26

31.7.25

£

£

Depreciation - owned assets

9,212

7,931

5.

DIVIDENDS

31.7.26

31.7.25

£

£

Final

15,000

13,500

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2025

27,169

5,000

44,250

220

76,639

Additions

-

-

12,750

-

12,750

At 31 July 2026

27,169

5,000

57,000

220

89,389

DEPRECIATION

At 1 August 2025

26,641

4,617

21,370

218

52,846

Charge for year

132

171

8,908

1

9,212

At 31 July 2026

26,773

4,788

30,278

219

62,058

NET BOOK VALUE

At 31 July 2026

396

212

26,722

1

27,331

At 31 July 2025

528

383

22,880

2

23,793

7.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.7.26

31.7.25

£

£

Formation Costs

63

63

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Trade debtors

10,000

2,158

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Other loans

(37,000

)

(12,000

)

Trade creditors

8,000

10,530

Tax

25,322

12,803

VAT

17,364

15,203

Directors' loan accounts

29,098

10,246

Accruals and deferred income

8,132

6,900

50,916

43,682

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.26

31.7.25

£

£

Bank loans - 2-5 years

4,152

13,851