Company Registration No. 04533952 (England and Wales)
Smith & Low Limited
Unaudited accounts
for the year ended 31 March 2026
Smith & Low Limited
Unaudited accounts
Contents
Smith & Low Limited
Company Information
for the year ended 31 March 2026
Directors
M A Smith
J E Smith
K M Smith
Company Number
04533952 (England and Wales)
Registered Office
107-111 Hollow Way
Cowley
Oxford
Oxfordshire
OX4 2NE
England
Accountants
A D Pottie and Co Ltd
Punches Barn
Waterperry Road
Holton
Oxford
OX33 1PR
Smith & Low Limited
Statement of financial position
as at 31 March 2026
Intangible assets
14,668
22,001
Cash at bank and in hand
3,462
9,113
Creditors: amounts falling due within one year
(36,573)
(51,184)
Net current assets
10,541
1,588
Total assets less current liabilities
25,235
23,624
Creditors: amounts falling due after more than one year
(20,432)
(1,688)
Called up share capital
1,000
1,000
Profit and loss account
3,803
20,936
Shareholders' funds
4,803
21,936
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 16 September 2026 and were signed on its behalf by
K M Smith
Director
Company Registration No. 04533952
Smith & Low Limited
Notes to the Accounts
for the year ended 31 March 2026
Smith & Low Limited is a private company, limited by shares, registered in England and Wales, registration number 04533952. The registered office is 107-111 Hollow Way, Cowley, Oxford, Oxfordshire, OX4 2NE, 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:
Plant & machinery
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being written off over 15 years on a straight line basis.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. 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.
4
Intangible fixed assets
Goodwill
Smith & Low Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,667
10,000
Trade creditors
15,915
25,950
Taxes and social security
12,296
15,234
8
Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
20,432
22
9
Average number of employees
During the year the average number of employees was 5 (2025: 5).