Company Registration No. 11328276 (England and Wales)
SIM ESTATE LTD
Unaudited accounts
for the year ended 30 November 2021
SIM ESTATE LTD
Unaudited accounts
Contents
SIM ESTATE LTD
Company Information
for the year ended 30 November 2021
Company Number
11328276 (England and Wales)
Registered Office
209 THE HEIGHTS
NORTHOLT
UB5 4BX
ENGLAND
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
SIM ESTATE LTD
Statement of financial position
as at 30 November 2021
Tangible assets
610,392
610,392
Cash at bank and in hand
99,320
85,598
Creditors: amounts falling due within one year
(215,815)
(202,478)
Net current liabilities
(115,295)
(115,680)
Total assets less current liabilities
495,097
494,712
Creditors: amounts falling due after more than one year
(485,972)
(488,750)
Called up share capital
1,000
1,000
Profit and loss account
8,125
4,962
Shareholders' funds
9,125
5,962
For the year ending 30 November 2021 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 May 2022 and were signed on its behalf by
Mr S Balamurali
Director
Company Registration No. 11328276
SIM ESTATE LTD
Notes to the Accounts
for the year ended 30 November 2021
SIM ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 11328276. The registered office is 209 THE HEIGHTS, NORTHOLT, UB5 4BX, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
At 1 December 2020
610,392
At 30 November 2021
610,392
At 30 November 2021
610,392
At 30 November 2020
610,392
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Debtors: amounts falling due within one year
2021
2020
SIM ESTATE LTD
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
1,906
1,164
Loans from directors
212,469
200,354
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Creditors: amounts falling due after more than one year
2021
2020
Bank loans
485,972
488,750
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Average number of employees
During the year the average number of employees was 0 (2020: 0).