REGISTERED NUMBER: 08493761 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026

FOR

SMART INVENTORY SERVICE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S Buckingham

S M Hickling

Mrs J Hickling

REGISTERED OFFICE:

409-411 Croydon Road

Beckenham

BR3 3PP

REGISTERED NUMBER:

08493761 (England and Wales)

ACCOUNTANTS:

Edwards Chartered Accountants

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Tangible assets

4

101,695

74,765

CURRENT ASSETS

Debtors

5

14,474

5,726

Cash at bank

10,337

28,147

24,811

33,873

CREDITORS

Amounts falling due within one year

6

53,102

40,324

NET CURRENT LIABILITIES

(28,291

)

(6,451

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,404

68,314

CREDITORS

Amounts falling due after more than one year

7

(22,554

)

(16,447

)

PROVISIONS FOR LIABILITIES

(1,529

)

-

NET ASSETS

49,321

51,867

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

49,221

51,767

49,321

51,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

S M Hickling - Director

1.	STATUTORY INFORMATION

Smart Inventory Service 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

not provided

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2025

41,482

7,383

23,267

79,350

151,482

Additions

-

-

15,101

25,569

40,670

Disposals

-

(1,846

)

(23

)

(41,535

)

(43,404

)

At 30 April 2026

41,482

5,537

38,345

63,384

148,748

DEPRECIATION

At 1 May 2025

-

1,846

8,284

66,587

76,717

Charge for year

-

1,384

4,679

3,116

9,179

Eliminated on disposal

-

(1,846

)

(23

)

(36,974

)

(38,843

)

At 30 April 2026

-

1,384

12,940

32,729

47,053

NET BOOK VALUE

At 30 April 2026

41,482

4,153

25,405

30,655

101,695

At 30 April 2025

41,482

5,537

14,983

12,763

74,765

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

25,569

At 30 April 2026

25,569

DEPRECIATION

Charge for year

1,065

At 30 April 2026

1,065

NET BOOK VALUE

At 30 April 2026

24,504

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

14,269

5,726

Other debtors

205

-

14,474

5,726

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

10,333

11,496

Hire purchase contracts

1,502

-

Trade creditors

2,453

2,861

Taxation and social security

5,894

10,686

Other creditors

32,920

15,281

53,102

40,324

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

5,500

16,447

Hire purchase contracts

17,054

-

22,554

16,447

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2025 - £1,000) were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S M Hickling.