SIMPSON TAX CONSULTANCY LIMITED

Company Registration Number:
08447352 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SIMPSON TAX CONSULTANCY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

SIMPSON TAX CONSULTANCY LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1 301
Total fixed assets: 1 301
Current assets
Debtors:     6,822
Cash at bank and in hand: 1,299 3,860
Total current assets: 1,299 10,682
Creditors: amounts falling due within one year: 4 (282) (8,495)
Net current assets (liabilities): 1,017 2,187
Total assets less current liabilities: 1,018 2,488
Total net assets (liabilities): 1,018 2,488
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,016 2,486
Shareholders funds: 1,018 2,488

The notes form part of these financial statements

SIMPSON TAX CONSULTANCY LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 December 2023
and signed on behalf of the board by:

Name: Mr R M Simpson
Status: Director

The notes form part of these financial statements

SIMPSON TAX CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Fixtures and fittings 25% on cost

SIMPSON TAX CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

SIMPSON TAX CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 1,473
At 31 March 2023 1,473
Depreciation
At 01 April 2022 1,172
Charge for year 300
At 31 March 2023 1,472
Net book value
At 31 March 2023 1
At 31 March 2022 301

SIMPSON TAX CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Taxation and social security £204 (2022:£2,338)Other creditors £78 (2022: £6,157)