Smarter Services Ltd

SMARTER SERVICES LTD - Company Information

true 1 March 2013 28 February 2014 28 February 2014 true false 05719596 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05719596 2013-02-28 05719596 2014-02-28 05719596 2013-03-01 2014-02-28 05719596 uk-gaap:RestatedAmount 2013-02-28 05719596 uk-gaap:RestatedAmount 2014-02-28 05719596 uk-gaap:NetGoodwill 2013-02-28 05719596 uk-gaap:NetGoodwill 2014-02-28 05719596 uk-gaap:NetGoodwill 2013-03-01 2014-02-28 05719596 uk-gaap:OtherIntangibleFixedAssets 2013-03-01 2014-02-28 05719596 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-02-28 05719596 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-02-28 05719596 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-03-01 2014-02-28 05719596 uk-gaap:DevelopmentCosts 2013-02-28 05719596 uk-gaap:DevelopmentCosts 2014-02-28 05719596 uk-gaap:DevelopmentCosts 2013-03-01 2014-02-28 05719596 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-02-28 05719596 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-03-01 2014-02-28 05719596 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-02-28 05719596 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-03-01 2014-02-28 05719596 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-02-28 05719596 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-02-28 05719596 uk-gaap:PlantMachinery 2013-03-01 2014-02-28 05719596 uk-gaap:PlantMachinery 2013-02-28 05719596 uk-gaap:PlantMachinery 2014-02-28 05719596 uk-gaap:Vehicles 2013-03-01 2014-02-28 05719596 uk-gaap:Vehicles 2013-02-28 05719596 uk-gaap:Vehicles 2014-02-28 05719596 uk-gaap:FixturesFittings 2013-03-01 2014-02-28 05719596 uk-gaap:FixturesFittings 2013-02-28 05719596 uk-gaap:FixturesFittings 2014-02-28 05719596 uk-gaap:ComputerEquipment 2013-03-01 2014-02-28 05719596 uk-gaap:ComputerEquipment 2013-02-28 05719596 uk-gaap:ComputerEquipment 2014-02-28 05719596 uk-gaap:SharesListedFixedAssetInvestments 2013-02-28 05719596 uk-gaap:SharesListedFixedAssetInvestments 2013-03-01 2014-02-28 05719596 uk-gaap:SharesListedFixedAssetInvestments 2014-02-28 05719596 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-02-28 05719596 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-03-01 2014-02-28 05719596 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-02-28 05719596 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-02-28 05719596 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-03-01 2014-02-28 05719596 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-02-28 05719596 uk-gaap:ProvisionsForBadDebts 2013-02-28 05719596 uk-gaap:ProvisionsForBadDebts 2013-03-01 2014-02-28 05719596 uk-gaap:ProvisionsForBadDebts 2014-02-28 05719596 uk-gaap:ProvisionsForDeferredTaxation 2013-02-28 05719596 uk-gaap:ProvisionsForDeferredTaxation 2013-03-01 2014-02-28 05719596 uk-gaap:ProvisionsForDeferredTaxation 2014-02-28 05719596 uk-gaap:OtherProvisions 2013-02-28 05719596 uk-gaap:OtherProvisions 2013-03-01 2014-02-28 05719596 uk-gaap:OtherProvisions 2014-02-28 05719596 uk-gaap:WithinOneYear 2013-02-28 05719596 uk-gaap:WithinOneYear 2013-03-01 2014-02-28 05719596 uk-gaap:WithinOneYear 2014-02-28 05719596 uk-gaap:AfterOneYear 2013-02-28 05719596 uk-gaap:AfterOneYear 2013-03-01 2014-02-28 05719596 uk-gaap:AfterOneYear 2014-02-28 05719596 uk-bus:AllOrdinaryShares 2014-02-28 05719596 uk-bus:AllOrdinaryShares 2013-02-28 05719596 uk-bus:OrdinaryShareClass1 2014-02-28 05719596 uk-bus:OrdinaryShareClass2 2014-02-28 05719596 uk-bus:OrdinaryShareClass3 2014-02-28 05719596 uk-bus:OrdinaryShareClass4 2014-02-28 05719596 uk-bus:OrdinaryShareClass5 2014-02-28 05719596 uk-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 05719596 uk-bus:OrdinaryShareClass2 2013-03-01 2014-02-28 05719596 uk-bus:OrdinaryShareClass3 2013-03-01 2014-02-28 05719596 uk-bus:OrdinaryShareClass4 2013-03-01 2014-02-28 05719596 uk-bus:OrdinaryShareClass5 2013-03-01 2014-02-28 05719596 uk-bus:PreferenceShareClass1 2014-02-28 05719596 uk-bus:PreferenceShareClass2 2014-02-28 05719596 uk-bus:PreferenceShareClass3 2014-02-28 05719596 uk-bus:PreferenceShareClass4 2014-02-28 05719596 uk-bus:PreferenceShareClass5 2014-02-28 05719596 uk-bus:PreferenceShareClass1 2013-03-01 2014-02-28 05719596 uk-bus:PreferenceShareClass2 2013-03-01 2014-02-28 05719596 uk-bus:PreferenceShareClass3 2013-03-01 2014-02-28 05719596 uk-bus:PreferenceShareClass4 2013-03-01 2014-02-28 05719596 uk-bus:PreferenceShareClass5 2013-03-01 2014-02-28 05719596 uk-bus:CompanySecretary 2013-03-01 2014-02-28 05719596 uk-bus:RegisteredOffice 2013-03-01 2014-02-28 05719596 uk-bus:EntityAccountantsOrAuditors 2013-03-01 2014-02-28 05719596 uk-bus:EntityAccountantsOrAuditors 2014-02-28 05719596 uk-bus:MainBusiness 2013-03-01 2014-02-28 05719596 uk-bus:EntityBankers 2013-03-01 2014-02-28 05719596 uk-bus:EntityLawyersOrLegalAdvisers 2013-03-01 2014-02-28 05719596 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2013-03-01 2014-02-28 05719596 uk-bus:HighestPaidDirector 2013-03-01 2014-02-28 05719596 uk-bus:HighestPaidDirector 2014-02-28 05719596 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2013-03-01 2014-02-28 05719596 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2013-03-01 2014-02-28 05719596 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2013-03-01 2014-02-28 05719596 uk-bus:AllEntityOfficers 2013-03-01 2014-02-28 05719596 uk-gaap:InvestmentProperties 2013-02-28 05719596 uk-gaap:InvestmentProperties 2013-03-01 2014-02-28 05719596 uk-gaap:InvestmentProperties 2014-02-28 05719596 uk-gaap:IntellectualProperty 2013-03-01 2014-02-28 05719596 uk-gaap:IntellectualProperty 2013-02-28 05719596 uk-gaap:IntellectualProperty 2014-02-28 05719596 uk-countries:UnitedKingdom 2013-03-01 2014-02-28 05719596 uk-countries:Europe 2013-03-01 2014-02-28 05719596 uk-countries:NorthAmerica 2013-03-01 2014-02-28 05719596 uk-countries:SouthAmerica 2013-03-01 2014-02-28 05719596 uk-countries:Asia 2013-03-01 2014-02-28 05719596 uk-countries:RestWorldOutsideUK 2013-03-01 2014-02-28 05719596 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-03-01 2014-02-28 05719596 uk-gaap:LeasedTangibleFixedAssets 2013-03-01 2014-02-28 05719596 uk-gaap:AllSubsidiaries 2013-03-01 2014-02-28 05719596 uk-gaap:AllAssociates 2013-03-01 2014-02-28 05719596 dpl-gaap:CostSales 2013-02-28 05719596 dpl-gaap:CostSales 2014-02-28 05719596 dpl-gaap:CostSales 2013-03-01 2014-02-28 05719596 dpl-gaap:DistributionCosts 2013-03-01 2014-02-28 05719596 dpl-gaap:AdministrativeExpenses 2013-03-01 2014-02-28 05719596 uk-bus:Director1 2013-03-01 2014-02-28 05719596 uk-bus:Director5 2013-03-01 2014-02-28 05719596 2012-02-28 05719596 2013-02-28 05719596 2012-02-29 2013-02-28 05719596 uk-gaap:RestatedAmount 2012-02-28 05719596 uk-gaap:RestatedAmount 2013-02-28 05719596 uk-gaap:NetGoodwill 2012-02-28 05719596 uk-gaap:NetGoodwill 2013-02-28 05719596 uk-gaap:NetGoodwill 2012-02-29 2013-02-28 05719596 uk-gaap:OtherIntangibleFixedAssets 2012-02-29 2013-02-28 05719596 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-02-28 05719596 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-02-28 05719596 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-02-29 2013-02-28 05719596 uk-gaap:DevelopmentCosts 2012-02-28 05719596 uk-gaap:DevelopmentCosts 2013-02-28 05719596 uk-gaap:DevelopmentCosts 2012-02-29 2013-02-28 05719596 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-02-28 05719596 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-02-29 2013-02-28 05719596 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-02-28 05719596 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2012-02-29 2013-02-28 05719596 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2012-02-28 05719596 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-02-28 05719596 uk-gaap:PlantMachinery 2012-02-29 2013-02-28 05719596 uk-gaap:PlantMachinery 2012-02-28 05719596 uk-gaap:PlantMachinery 2013-02-28 05719596 uk-gaap:Vehicles 2012-02-29 2013-02-28 05719596 uk-gaap:Vehicles 2012-02-28 05719596 uk-gaap:Vehicles 2013-02-28 05719596 uk-gaap:FixturesFittings 2012-02-29 2013-02-28 05719596 uk-gaap:FixturesFittings 2012-02-28 05719596 uk-gaap:FixturesFittings 2013-02-28 05719596 uk-gaap:ComputerEquipment 2012-02-29 2013-02-28 05719596 uk-gaap:ComputerEquipment 2012-02-28 05719596 uk-gaap:ComputerEquipment 2013-02-28 05719596 uk-gaap:SharesListedFixedAssetInvestments 2012-02-28 05719596 uk-gaap:SharesListedFixedAssetInvestments 2012-02-29 2013-02-28 05719596 uk-gaap:SharesListedFixedAssetInvestments 2013-02-28 05719596 uk-gaap:SharesUnlistedFixedAssetInvestments 2012-02-28 05719596 uk-gaap:SharesUnlistedFixedAssetInvestments 2012-02-29 2013-02-28 05719596 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-02-28 05719596 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2012-02-28 05719596 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2012-02-29 2013-02-28 05719596 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-02-28 05719596 uk-gaap:ProvisionsForBadDebts 2012-02-28 05719596 uk-gaap:ProvisionsForBadDebts 2012-02-29 2013-02-28 05719596 uk-gaap:ProvisionsForBadDebts 2013-02-28 05719596 uk-gaap:ProvisionsForDeferredTaxation 2012-02-28 05719596 uk-gaap:ProvisionsForDeferredTaxation 2012-02-29 2013-02-28 05719596 uk-gaap:ProvisionsForDeferredTaxation 2013-02-28 05719596 uk-gaap:OtherProvisions 2012-02-28 05719596 uk-gaap:OtherProvisions 2012-02-29 2013-02-28 05719596 uk-gaap:OtherProvisions 2013-02-28 05719596 uk-gaap:WithinOneYear 2012-02-28 05719596 uk-gaap:WithinOneYear 2012-02-29 2013-02-28 05719596 uk-gaap:WithinOneYear 2013-02-28 05719596 uk-gaap:AfterOneYear 2012-02-28 05719596 uk-gaap:AfterOneYear 2012-02-29 2013-02-28 05719596 uk-gaap:AfterOneYear 2013-02-28 05719596 uk-bus:AllOrdinaryShares 2013-02-28 05719596 uk-bus:AllOrdinaryShares 2012-02-28 05719596 uk-bus:OrdinaryShareClass1 2013-02-28 05719596 uk-bus:OrdinaryShareClass2 2013-02-28 05719596 uk-bus:OrdinaryShareClass3 2013-02-28 05719596 uk-bus:OrdinaryShareClass4 2013-02-28 05719596 uk-bus:OrdinaryShareClass5 2013-02-28 05719596 uk-bus:OrdinaryShareClass1 2012-02-29 2013-02-28 05719596 uk-bus:OrdinaryShareClass2 2012-02-29 2013-02-28 05719596 uk-bus:OrdinaryShareClass3 2012-02-29 2013-02-28 05719596 uk-bus:OrdinaryShareClass4 2012-02-29 2013-02-28 05719596 uk-bus:OrdinaryShareClass5 2012-02-29 2013-02-28 05719596 uk-bus:PreferenceShareClass1 2013-02-28 05719596 uk-bus:PreferenceShareClass2 2013-02-28 05719596 uk-bus:PreferenceShareClass3 2013-02-28 05719596 uk-bus:PreferenceShareClass4 2013-02-28 05719596 uk-bus:PreferenceShareClass5 2013-02-28 05719596 uk-bus:PreferenceShareClass1 2012-02-29 2013-02-28 05719596 uk-bus:PreferenceShareClass2 2012-02-29 2013-02-28 05719596 uk-bus:PreferenceShareClass3 2012-02-29 2013-02-28 05719596 uk-bus:PreferenceShareClass4 2012-02-29 2013-02-28 05719596 uk-bus:PreferenceShareClass5 2012-02-29 2013-02-28 05719596 uk-bus:CompanySecretary 2012-02-29 2013-02-28 05719596 uk-bus:RegisteredOffice 2012-02-29 2013-02-28 05719596 uk-bus:EntityAccountantsOrAuditors 2012-02-29 2013-02-28 05719596 uk-bus:EntityAccountantsOrAuditors 2013-02-28 05719596 uk-bus:MainBusiness 2012-02-29 2013-02-28 05719596 uk-bus:EntityBankers 2012-02-29 2013-02-28 05719596 uk-bus:EntityLawyersOrLegalAdvisers 2012-02-29 2013-02-28 05719596 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2012-02-29 2013-02-28 05719596 uk-bus:HighestPaidDirector 2012-02-29 2013-02-28 05719596 uk-bus:HighestPaidDirector 2013-02-28 05719596 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2012-02-29 2013-02-28 05719596 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2012-02-29 2013-02-28 05719596 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2012-02-29 2013-02-28 05719596 uk-bus:AllEntityOfficers 2012-02-29 2013-02-28 05719596 uk-gaap:InvestmentProperties 2012-02-28 05719596 uk-gaap:InvestmentProperties 2012-02-29 2013-02-28 05719596 uk-gaap:InvestmentProperties 2013-02-28 05719596 uk-gaap:IntellectualProperty 2012-02-29 2013-02-28 05719596 uk-gaap:IntellectualProperty 2012-02-28 05719596 uk-gaap:IntellectualProperty 2013-02-28 05719596 uk-countries:UnitedKingdom 2012-02-29 2013-02-28 05719596 uk-countries:Europe 2012-02-29 2013-02-28 05719596 uk-countries:NorthAmerica 2012-02-29 2013-02-28 05719596 uk-countries:SouthAmerica 2012-02-29 2013-02-28 05719596 uk-countries:Asia 2012-02-29 2013-02-28 05719596 uk-countries:RestWorldOutsideUK 2012-02-29 2013-02-28 05719596 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-02-29 2013-02-28 05719596 uk-gaap:LeasedTangibleFixedAssets 2012-02-29 2013-02-28 05719596 uk-gaap:AllSubsidiaries 2012-02-29 2013-02-28 05719596 uk-gaap:AllAssociates 2012-02-29 2013-02-28 05719596 dpl-gaap:CostSales 2012-02-28 05719596 dpl-gaap:CostSales 2013-02-28 05719596 dpl-gaap:CostSales 2012-02-29 2013-02-28 05719596 dpl-gaap:DistributionCosts 2012-02-29 2013-02-28 05719596 dpl-gaap:AdministrativeExpenses 2012-02-29 2013-02-28 05719596 uk-bus:Director1 2012-02-29 2013-02-28 05719596 uk-bus:Director5 2012-02-29 2013-02-28

Registered number: 05719596

Abbreviated accounts

For The Year Ended 28 February 2014

Anthony de Jong & Co Ltd

Chartered Accountants

EEF House

Station Road

Hook

Hampshire

RG27 9TL

Smarter Services Ltd

Company No. 05719596

Abbreviated Balance Sheet 28 February 2014

Abbreviated Balance Sheet

		2014		2013
	Notes	£	£	£	£
FIXED ASSETS
Intangible assets	2		8,000		12,000
Tangible assets	3		62,241		71,048

			70,241		83,048
CURRENT ASSETS
Stocks		4,000		3,500
Debtors		337,501		375,597
Cash at bank and in hand		44,608		5,466

		386,109		384,563
Creditors: Amounts Falling Due Within One Year		(490,978)		(454,877)

NET CURRENT ASSETS (LIABILITIES)			(104,869)		(70,314)

TOTAL ASSETS LESS CURRENT LIABILITIES			(34,628)		12,734

NET ASSETS			(34,628)		12,734

CAPITAL AND RESERVES
Called up share capital	4		2		2
Profit and Loss account			(34,630)		12,732

SHAREHOLDERS' FUNDS			(34,628)		12,734

Page 1

Smarter Services Ltd

Company No. 05719596

Abbreviated Balance Sheet (continued) 28 February 2014

For the year ending 28 February 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

On behalf of the board

Mr Jason Southwell

27th November 2014

Page 2

Smarter Services Ltd

Notes to the Abbreviated Accounts

For The Year Ended 28 February 2014

Notes to the Abbreviated Accounts

Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	25% Straight Line
Motor Vehicles	25% Straight Line
Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Page 3

Smarter Services Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 28 February 2014

Intangible Assets


	Total
Cost	£
As at 1 March 2013	40,000

As at 28 February 2014	40,000

Amortisation
As at 1 March 2013	28,000
Provided during the period	4,000

As at 28 February 2014	32,000

Net Book Value
As at 28 February 2014	8,000

As at 1 March 2013	12,000

Tangible Assets


	Total
Cost	£
As at 1 March 2013	147,473
Additions	13,060

As at 28 February 2014	160,533

Depreciation
As at 1 March 2013	76,425
Provided during the period	21,867

As at 28 February 2014	98,292

Net Book Value
As at 28 February 2014	62,241

As at 1 March 2013	71,048

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2014	2013
	£	£
Motor Vehicles	-	11,223

Page 4

Smarter Services Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 28 February 2014

Share Capital

	Value	Number	2014	2013
Allotted, called up and fully paid:	£		£	£
Ordinary shares	1.000	2	2	2

Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

	As at 1 March 2013	Amounts advanced	Amounts repaid	As at 28 February 2014
	£	£	£	£
Mr Jason Southwell	55,248	61,480	55,248	61,480

The above loan is unsecured and repayable on demand. Interest is charged at the HMRC official rate of interest.The loan was repaid on 30 Apri 2014.

Page 5