Sme Acquisitions Limited - Accounts to registrar (filleted) - small 18.2

Sme Acquisitions Limited - Accounts to registrar (filleted) - small 18.2

SME ACQUISITIONS LIMITED - Company Information

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REGISTERED NUMBER: 10052403 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

SME ACQUISITIONS LIMITED
SME ACQUISITIONS LIMITED (REGISTERED NUMBER: 10052403)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SME ACQUISITIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2018







DIRECTORS: A Cormack
P W Gough
D J Strike





REGISTERED OFFICE: Cavendish Suite
Saxon Centre
11 Bargates
Christchurch
Dorset
BH23 1PZ





REGISTERED NUMBER: 10052403 (England and Wales)





ACCOUNTANTS: Chorus Accounting Limited
Cavendish Suite
Saxon Centre
11 Bargates
Christchurch
Dorset
BH23 1PZ
Page 1
SME ACQUISITIONS LIMITED (REGISTERED NUMBER: 10052403)

BALANCE SHEET
30 SEPTEMBER 2018

2018 2017
Notes £    £   
FIXED ASSETS
Investments 4 - 2,134

CURRENT ASSETS
Debtors 5 40,660 31,596
Cash at bank 162,918 230,087
203,578 261,683
CREDITORS
Amounts falling due within one year 6 - (2,282 )
NET CURRENT ASSETS 203,578 259,401
TOTAL ASSETS LESS CURRENT
LIABILITIES
203,578
261,535

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 203,479 261,436
203,578 261,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
SME ACQUISITIONS LIMITED (REGISTERED NUMBER: 10052403)

BALANCE SHEET - continued
30 SEPTEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 March 2019 and were signed on
its behalf by:





D J Strike - Director


The notes form part of these financial statements

Page 3
SME ACQUISITIONS LIMITED (REGISTERED NUMBER: 10052403)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018

1. STATUTORY INFORMATION

Sme Acquisitions Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income
or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

Page 4 continued...
SME ACQUISITIONS LIMITED (REGISTERED NUMBER: 10052403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2017 2,134
Additions 848,584
At 30 September 2018 850,718
PROVISIONS

Impairments 850,718
At 30 September 2018 850,718
NET BOOK VALUE
At 30 September 2018 -
At 30 September 2017 2,134

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 40,660 31,596

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other creditors - 2,282

Page 5