Registered Number
:
10788864
|
For the year ended 31 May 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2020
Smart Korr Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Smart Korr Limited
Statement of Financial Position
2019
2020
10,323
9,334
2
10,323
9,334
Trade and other payables
:
amounts falling due within one
|
year
|
(21,337)
(32,722)
3
(21,337)
(32,722)
Net current liabilities
Total assets less current liabilities
|
(22,399)
(12,003)
(22,399)
Net liabilities
(12,003)
150
150
(22,549)
(12,153)
(22,399)
(12,003)
Shareholders' funds
For the year ended 31 May 2020 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 of its financial statements for the year ended 31 May 2020 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 28 May 2021 and were signed by:
|
The notes form part of these financial statements
|
1 of 3
For the year ended 31 May 2020
Smart Korr Limited
Notes to the Financial Statements
Statutory Information
Smart Korr Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
10788864
.
|
Epic House
128 Fulwell Road
Teddington
Middlesex
TW11 0RQ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Going Concern
The major part of the Company
'
s working capital requirements are provided by the Directors
.
It is anticipated that
|
the Directors will be repaid and they have indicated that they will not demand repayment
.
|
The Directors continue to adopt the going concern basis in preparing the financial statements which assumes that
|
the company will continue in operation for the foreseeable future
.
|
2
.
Intangible fixed assets
|
11,668
4,429
16,097
2,334
3,440
Charge for year
5,774
10,323
9,334
2 of 3
For the year ended 31 May 2020
Smart Korr Limited
Notes to the Financial Statements Continued
3
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
32,722
21,337
4
.
Related party transactions
|
At the Balance Sheet date Smart Korr Limited owed Arden Advisors Limited
,
a company in which Mr A kinght
|
(
Company Director
)
is also a Company Director
,
£
8
,
499
(
2019
:
£
2
,
009
).
|
5
.
Directors advances and guarantees
|
At the Balance Sheet date Smart Korr Limited owed Mr A Knight
(
Company Direxctor
)
£
6
,
715
(
2019
:
£
5
,
122
)
,
Mr S
|
Neal
(
Company Director
)
£
8
,
996
(
2019
:
£
6
,
512
)
and Mr R Byrne
(
Company Director
)
£
7
,
550
(
2019
:
£
6
,
844
).
|
6
.
Average number of persons employed
|
During the year the average number of employees was 3 (2019 : 3)
3 of 3