Company Registration No. 10002684 (England and Wales)
Just Sim Limited
Unaudited accounts
for the year ended 28 February 2023
Just Sim Limited
Unaudited accounts
Contents
Just Sim Limited
Company Information
for the year ended 28 February 2023
Directors
Haider Queshi
Mohammed Shazad
Company Number
10002684 (England and Wales)
Registered Office
JUST SIM HOUSE
122 HIGH STREET
WALTHAM CROSS
EN8 7BX
ENGLAND
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Just Sim Limited
Statement of financial position
as at 28 February 2023
Intangible assets
16,141
6,019
Tangible assets
35,579
52,775
Cash at bank and in hand
998
2,838
Creditors: amounts falling due within one year
(22,277)
(16,123)
Net current liabilities
(21,279)
(13,285)
Total assets less current liabilities
30,441
45,509
Creditors: amounts falling due after more than one year
(45,573)
(54,721)
Net liabilities
(15,132)
(9,212)
Called up share capital
2
2
Profit and loss account
(15,134)
(9,214)
Shareholders' funds
(15,132)
(9,212)
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 29 November 2023 and were signed on its behalf by
Haider Queshi
Director
Company Registration No. 10002684
Just Sim Limited
Notes to the Accounts
for the year ended 28 February 2023
Just Sim Limited is a private company, limited by shares, registered in England and Wales, registration number 10002684. The registered office is JUST SIM HOUSE, 122 HIGH STREET, WALTHAM CROSS, EN8 7BX, 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.
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:
Motor vehicles
20% straight line basis
Computer equipment
33 1/3% straight line basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 28 February 2023
20,619
At 28 February 2023
16,141
Just Sim Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
84,996
591
85,587
At 28 February 2023
84,996
591
85,587
At 1 March 2022
32,582
230
32,812
Charge for the year
16,999
197
17,196
At 28 February 2023
49,581
427
50,008
At 28 February 2023
35,415
164
35,579
At 28 February 2022
52,414
361
52,775
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,026
6,905
Taxes and social security
-
196
Loans from directors
12,735
7,178
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
45,573
54,721
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).