A Smart Tech Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09134435 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

A SMART TECH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E Ageeva

M M Foroudi

SECRETARY:

E Ageeva

REGISTERED OFFICE:

Kemp House

152-160 City Road

London

EC1V 2NX

REGISTERED NUMBER:

09134435 (England and Wales)

ACCOUNTANTS:

Numera Partners LLP

6th Floor

Charles House

108-110 Finchley Road

London

NW3 5JJ

FIXED ASSETS

Tangible assets

3

174,707

201,333

CURRENT ASSETS

Debtors

4

613

613

Cash at bank

398

38

1,011

651

CREDITORS

Amounts falling due within one year

5

14,936

4,219

NET CURRENT LIABILITIES

(13,925

)

(3,568

)

TOTAL ASSETS LESS CURRENT LIABILITIES

160,782

197,765

CAPITAL AND RESERVES

Called up share capital

200,000

200,000

Retained earnings

(39,218

)

(2,235

)

SHAREHOLDERS' FUNDS

160,782

197,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 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 27 April 2018 and were signed on its behalf by:

E Ageeva - Director

1.	STATUTORY INFORMATION

A Smart Tech 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

These financial statements for the year 31 July 2017 are the first financial statements that comply with FRS 102. The date of

transition is 1 August 2015.

The transition to FRS 102 has resulted in no changes in accounting policies to those previously used.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2016

201,333

Additions

8,315

At 31 July 2017

209,648

DEPRECIATION

Charge for year

34,941

At 31 July 2017

34,941

NET BOOK VALUE

At 31 July 2017

174,707

At 31 July 2016

201,333

Additions during the year relate to the design of a mobile phone app which was launched in October 2016. The cost of this

asset has been depreciated after its launch.

Additions during the period can broken down as follows:

31.7.17 31.7.16

£ £

Software costs £335 £8,618

Programming wages £7,980 £20,129

Intellectual property costs - £200

Training - -

£8,315 £28,947

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Other debtors

613

613

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Taxation and social security

427

-

Other creditors

14,509

4,219

14,936

4,219

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2017 and 31 July 2016:

31.7.17

31.7.16

£

£

E Ageeva

Balance outstanding at start of year

(3,219

)

-

Amounts advanced

-

23,801

Amounts repaid

(10,290

)

(27,020

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(13,509

)

(3,219

)