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REGISTERED NUMBER: 07880899 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Simply Sedum Ltd

Simply Sedum Ltd (Registered number: 07880899)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Simply Sedum Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr W T C Archer
Mrs M L Archer





REGISTERED OFFICE: Old Manor Farmyard
Beckford Road
Ashton under Hill
Evesham
Worcestershire
WR11 7SU





REGISTERED NUMBER: 07880899 (England and Wales)





ACCOUNTANTS: DOY Accountancy
69a Barton Street
Tewkesbury
Gloucestershire
GL20 5PY

Simply Sedum Ltd (Registered number: 07880899)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 166,999 190,180

CURRENT ASSETS
Stocks 25,000 23,625
Debtors 5 716,276 248,023
Cash at bank 5,905 341,592
747,181 613,240
CREDITORS
Amounts falling due within one year 6 139,679 123,308
NET CURRENT ASSETS 607,502 489,932
TOTAL ASSETS LESS CURRENT
LIABILITIES

774,501

680,112

CREDITORS
Amounts falling due after more than one
year

7

-

10,532
NET ASSETS 774,501 669,580

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 774,401 669,480
SHAREHOLDERS' FUNDS 774,501 669,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Simply Sedum Ltd (Registered number: 07880899)

Balance Sheet - continued
31 January 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:





Mr W T C Archer - Director


Simply Sedum Ltd (Registered number: 07880899)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Simply Sedum 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.
Plant and machinery etc - 20% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Simply Sedum Ltd (Registered number: 07880899)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 429,899
Additions 15,520
At 31 January 2023 445,419
DEPRECIATION
At 1 February 2022 239,719
Charge for year 38,701
At 31 January 2023 278,420
NET BOOK VALUE
At 31 January 2023 166,999
At 31 January 2022 190,180

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 86,276 58,023
Other debtors 630,000 190,000
716,276 248,023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 10,532 23,147
Trade creditors 9,356 12,317
Taxation and social security 118,118 83,095
Other creditors 1,673 4,749
139,679 123,308

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans - 10,532