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REGISTERED NUMBER: 12446965 (England and Wales)












Financial Statements for the Year Ended 31 January 2022

for

SIMPSTAN MANAGEMENT SERVICES LTD

SIMPSTAN MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12446965)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SIMPSTAN MANAGEMENT SERVICES LTD

Company Information
for the Year Ended 31 January 2022







DIRECTORS: C Simpson
P J Stannard





REGISTERED OFFICE: 81 Borough Road
Middlebrough
Cleveland
TS1 3AA





REGISTERED NUMBER: 12446965 (England and Wales)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

SIMPSTAN MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12446965)

Balance Sheet
31 January 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 897

CURRENT ASSETS
Debtors 5 35,335 5,130
Cash at bank 7,134 40,420
42,469 45,550
CREDITORS
Amounts falling due within one year 6 30,171 28,503
NET CURRENT ASSETS 12,298 17,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,298

17,944

PROVISIONS FOR LIABILITIES 7 - 170
NET ASSETS 12,298 17,774

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,198 17,674
SHAREHOLDERS' FUNDS 12,298 17,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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.

SIMPSTAN MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12446965)

Balance Sheet - continued
31 January 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2022 and were signed on its behalf by:





C Simpson - Director


SIMPSTAN MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12446965)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

SimpStan Management Services Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

SIMPSTAN MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12446965)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2021 1,346
Disposals (1,346 )
At 31 January 2022 -
DEPRECIATION
At 1 February 2021 449
Eliminated on disposal (449 )
At 31 January 2022 -
NET BOOK VALUE
At 31 January 2022 -
At 31 January 2021 897

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 35,335 5,130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 13,195 23,914
Other creditors 16,976 4,589
30,171 28,503

7. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax
Accelerated capital allowances - 170

Deferred
tax
£   
Balance at 1 February 2021 170
Balance at 31 January 2022 170

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £61,000 (2021 - £85,000) were paid to the directors .

SIMPSTAN MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12446965)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

8. RELATED PARTY DISCLOSURES - continued

The company was under control of C Simpson and P J Stannard throughout the current year and the previous period.

During the year the director advanced the company net amounts totalling £11,787. As at 31 January 2022 included within other creditors is a balance outstanding due to the director of £15,776 (2021- £3,989). No interest was paid on the funds advanced to the company.