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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
Page
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SIM ESTATE LTD Company Information for the year ended 30 November 2021
Director
Mr S Balamurali
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
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SIM ESTATE LTD Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
610,392 
610,392 
Current assets
Debtors
1,200 
1,200 
Cash at bank and in hand
99,320 
85,598 
100,520 
86,798 
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)
Net assets
9,125 
5,962 
Capital and reserves
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
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SIM ESTATE LTD Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 December 2020
610,392 
At 30 November 2021
610,392 
Depreciation
At 30 November 2021
- 
Net book value
At 30 November 2021
610,392 
At 30 November 2020
610,392 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
1,200 
1,200 
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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 
Accruals
1,440 
960 
215,815 
202,478 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
485,972 
488,750 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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