REGISTERED NUMBER: 13372538 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 May 2026

for

Smithson Business Advisory Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1,280

808

CURRENT ASSETS

Debtors

5

-

2,185

Cash at bank

54,685

54,745

54,685

56,930

CREDITORS

Amounts falling due within one year

6

15,445

14,569

NET CURRENT ASSETS

39,240

42,361

TOTAL ASSETS LESS CURRENT LIABILITIES

40,520

43,169

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

40,519

43,168

SHAREHOLDERS' FUNDS

40,520

43,169

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2026 and were signed by:

D Smithson - Director

1.	STATUTORY INFORMATION

Smithson Business Advisory Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13372538

Registered office:

Far Cliff Farm

Far Cliffe

Holmfirth

Huddersfield

HD9 1XA

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" and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover from the supply of services represents the fair value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion and the contract activity at the balance sheet date.

Tangible fixed assets

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

Computer equipment - straight line over 3 years

Taxation

Current tax, including UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an Annual General Meeting.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

All financial assets and liabilities are initially measured at transaction price (including transaction costs). If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - other debtors, bank balances and other creditors and are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

Pension costs and other post-retirement benefits

The company pays contributions to the personal pension scheme of the director. Contributions paid to the pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2025

3,497

Additions

1,683

At 31 May 2026

5,180

DEPRECIATION

At 1 June 2025

2,689

Charge for year

1,211

At 31 May 2026

3,900

NET BOOK VALUE

At 31 May 2026

1,280

At 31 May 2025

808

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

2,185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

4,630

4,707

Other creditors

10,815

9,862

15,445

14,569

7.	CALLED UP SHARE CAPITAL

2026

2025

£

£

Allotted, issued and fully paid

1

1