Company registration number 12402593 (England and Wales)
SIMPSI IP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
SIMPSI IP LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 JANUARY 2023
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The director presents his annual report and financial statements for the year ended 31 January 2023.

Principal activities

The principal activity of the company continued to be that of 'Other professional, scientific and technical activities'.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Dr C Davies

Statement of Directors' Responsibilities

The director is responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

 

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

 

 

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.

On behalf of the board
Dr C Davies
Director
23 October 2023
SIMPSI IP LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SIMPSI IP LTD FOR THE YEAR ENDED 31 JANUARY 2023
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Simpsi IP Ltd for the year ended 31 January 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Simpsi IP Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Simpsi IP Ltd and state those matters that we have agreed to state to the board of directors of Simpsi IP Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Simpsi IP Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Simpsi IP Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Simpsi IP Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Simpsi IP Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alliotts LLP
23 October 2023
Chartered Accountants
Friary Court
13-21 High Street
Guildford
Surrey
GU1 3DL
SIMPSI IP LTD
BALANCE SHEET
AS AT 31 JANUARY 2023
31 January 2023
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2023
2022
£
£
£
£
Current assets
100
100
Creditors: amounts falling due within one year
(1,440)
(1,140)
Net current liabilities
(1,340)
(1,040)
Creditors: amounts falling due after more than one year
(540)
-
0
Net liabilities
(1,880)
(1,040)
Capital and reserves
(1,880)
(1,040)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
-
0
-
0

Simpsi IP Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 33 Cathedral Road, Cardiff, CF11 9HG.

For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

SIMPSI IP LTD
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023
31 January 2023
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The financial statements were approved and signed by the director and authorised for issue on 23 October 2023
Dr C Davies
Director
Company registration number 12402593 (England and Wales)
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