Smart Properties EA Limited
Smart Properties EA Limited
Registered number: 14171631
Unaudited Financial Statements
For the Period 14 June 2022 to 30 June 2023
Smart Properties EA Limited
Contents
Contents
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Smart Properties EA Limited
Balance Sheet
As At
30 June 2023
Balance Sheet
Registered number:
14171631
For the period ending 30 June 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
| 30 June 2023 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 6 |
( |
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| NET LIABILITIES |
( |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 7 |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | (24,810) | ||
Smart Properties EA Limited
Balance Sheet (continued)
As At
30 June 2023
On behalf of the board
|
Director
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The notes on pages 3 to 4 form part of these financial statements.
Smart Properties EA Limited
Notes to the Financial Statements
For the Period 14 June 2022 to 30 June 2023
Notes to the Financial Statements
1.
General Information
Smart Properties EA Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
14171631
. The registered office is 24 Le Strange Close, Norwich, NR2 3PW.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.4.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3.
Average Number of Employees
Average number of employees, including directors, during the period was: 2
4.
Tangible Assets
| Investment Properties | |
|---|---|
| £ | |
| Cost | |
| As at 14 June 2022 |
|
| Additions | 199,747 |
| As at 30 June 2023 |
|
| Net Book Value | |
| As at 30 June 2023 |
|
| As at 14 June 2022 |
|
5.
Creditors: Amounts Falling Due Within One Year
| 30 June 2023 | |
|---|---|
| £ | |
| Trade creditors |
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| Mortgage due within one year |
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| Amounts owed to parent undertaking |
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Smart Properties EA Limited
Notes to the Financial Statements (continued)
For the Period 14 June 2022 to 30 June 2023
6.
Creditors: Amounts Falling Due After More Than One Year
| 30 June 2023 | |
|---|---|
| £ | |
| Mortgage |
|
8.
Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Smart Holdings EA Ltd incorporated in England and Wales. Copies of the group accounts may be obtained from the directors, 24 Le Strange Close, Norwich, NR2 3PW.