Company Registration No. 10691069 (England and Wales)
Smart Cash Limited
Unaudited accounts
for the year ended 31 March 2023
Smart Cash Limited
Unaudited accounts
Contents
Smart Cash Limited
Company Information
for the year ended 31 March 2023
Director
Mr. Rafaqat Hayat Bibi
Company Number
10691069 (England and Wales)
Smart Cash Limited
Statement of financial position
as at 31 March 2023
Tangible assets
19,864
30,551
Debtors
1,672,090
1,528,953
Cash at bank and in hand
1,024,115
3,058,754
Creditors: amounts falling due within one year
(1,676,251)
(3,755,858)
Net current assets
1,019,954
831,849
Net assets
1,039,818
862,400
Profit and loss account
1,039,718
862,300
Shareholders' funds
1,039,818
862,400
For the year ending 31 March 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 27 March 2024 and were signed on its behalf by
Mr. Rafaqat Hayat Bibi
Director
Company Registration No. 10691069
Smart Cash Limited
Notes to the Accounts
for the year ended 31 March 2023
Smart Cash Limited is a private company, limited by shares, registered in England and Wales, registration number 10691069.
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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:
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Tangible fixed assets
Plant & machinery
Charge for the year
10,687
Amounts falling due after more than one year
Trade debtors
1,672,090
1,528,953
Smart Cash Limited
Notes to the Accounts
for the year ended 31 March 2023
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
44,647
80,224
Other creditors
632,577
1,283,376
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Average number of employees
During the year the average number of employees was 8 (2022: 857).