Company Registration No. 01801953 (England and Wales)
Smy Property Services Limited
Unaudited accounts
for the year ended 31 March 2025
Smy Property Services Limited
Unaudited accounts
Contents
Smy Property Services Limited
Company Information
for the year ended 31 March 2025
Directors
Mr Keith McEvoy
Mr Dermot Downes
Company Number
01801953 (England and Wales)
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
Smy Property Services Limited
Statement of financial position
as at 31 March 2025
Tangible assets
8,568
10,858
Cash at bank and in hand
28,972
22,842
Creditors: amounts falling due within one year
(55,174)
(33,963)
Net current (liabilities)/assets
(3,164)
19,469
Total assets less current liabilities
5,404
30,327
Creditors: amounts falling due after more than one year
(4,194)
(28,600)
Called up share capital
1,000
1,000
Profit and loss account
210
727
Shareholders' funds
1,210
1,727
For the year ending 31 March 2025 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 20 September 2025 and were signed on its behalf by
Mr Keith McEvoy
Director
Company Registration No. 01801953
Smy Property Services Limited
Notes to the Accounts
for the year ended 31 March 2025
Smy Property Services Limited is a private company, limited by shares, registered in England and Wales, registration number 01801953.
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
Motor vehicles
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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Intangible fixed assets
Goodwill
Smy Property Services Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,871
35,536
37,407
At 31 March 2025
2,381
35,536
37,917
At 1 April 2024
1,636
24,913
26,549
Charge for the year
144
2,656
2,800
At 31 March 2025
1,780
27,569
29,349
At 31 March 2025
601
7,967
8,568
At 31 March 2024
235
10,623
10,858
Amounts falling due within one year
Trade debtors
4,133
10,565
Other debtors
16,305
8,515
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,910
-
Amounts owed to group undertakings and other participating interests
19,841
15,601
Taxes and social security
19,556
17,553
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Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
4,585
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).