Company Registration No. 09373562 (England and Wales)
SMA AUTOMOTIVE LTD
Unaudited accounts
for the year ended 31 January 2023
SMA AUTOMOTIVE LTD
Unaudited accounts
Contents
SMA AUTOMOTIVE LTD
Company Information
for the year ended 31 January 2023
Company Number
09373562 (England and Wales)
Registered Office
12 MARLBOROUGH AVE
HAWARDEN
DEESIDE
CLWYD
CH5 3SA
UK
Accountants
RJB Accountancy Services
5 Beech Drive
Mold
Flintshire
CH7 1TD
SMA AUTOMOTIVE LTD
Statement of financial position
as at 31 January 2023
Tangible assets
20,840
24,520
Cash at bank and in hand
116
1,595
Creditors: amounts falling due within one year
(4,302)
(3,655)
Net current liabilities
(4,186)
(2,060)
Total assets less current liabilities
16,654
22,460
Creditors: amounts falling due after more than one year
(2,788)
(10,252)
Called up share capital
100
100
Profit and loss account
13,766
12,108
Shareholders' funds
13,866
12,208
For the year ending 31 January 2023 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 director acknowledges his 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 and authorised for issue on 20 October 2023 and were signed on its behalf by
Mr Stuart Eden
Director
Company Registration No. 09373562
SMA AUTOMOTIVE LTD
Notes to the Accounts
for the year ended 31 January 2023
SMA AUTOMOTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 09373562. The registered office is 12 MARLBOROUGH AVE, HAWARDEN, DEESIDE, CLWYD , CH5 3SA, UK.
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:
Motor vehicles
10% straight line.
4
Tangible fixed assets
Motor vehicles
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,760
2,760
Taxes and social security
792
895
SMA AUTOMOTIVE LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,788
10,252
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).