SmartColour Limited - Filleted accounts

Registered number

04118300

SmartColour Limited

Filleted Accounts

31 January 2026

SmartColour Limited
Registered number:		04118300
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		10,512			12,506

Current assets
Debtors	4	36,774			37,561
Cash at bank and in hand		59,339			73,100
		96,113			110,661

Creditors: amounts falling due within one year	5	(54,787)			(89,642)

Net current assets			41,326			21,019

Net assets			51,838			33,525

Capital and reserves
Called up share capital			2			2
Profit and loss account			51,836			33,523

Shareholders' funds			51,838			33,525

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D King
Director
Approved by the board on 8 October 2026

SmartColour Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				83,759
	Additions				1,510
	At 31 January 2026				85,269

	Depreciation
	At 1 February 2025				71,253
	Charge for the year				3,504
	At 31 January 2026				74,757

	Net book value
	At 31 January 2026				10,512
	At 31 January 2025				12,506


4	Debtors		2026		2025
£				£

	Trade debtors		32,886		34,998
	Other debtors		3,888		2,563
			36,774		37,561


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans and overdrafts		1,207		9,594
	Trade creditors		14,149		55,288
	Taxation and social security costs		17,289		11,449
	Other creditors		22,142		13,311
			54,787		89,642


6	Controlling party

	The company is controlled by Mr Darren King and Mrs Elaine King on the basis that they together hold 100% of the issued share capital.


7	Other information

	SmartColour Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Pennyweights
	Kenley
	CR8 5HB