Company Registration No. 10004310 (England and Wales)
SIM BUILDING SERVICES LTD
Unaudited accounts
for the year ended 28 February 2023
SIM BUILDING SERVICES LTD
Unaudited accounts
Contents
SIM BUILDING SERVICES LTD
Company Information
for the year ended 28 February 2023
Directors
Shaqir Murati
Dritan Murati
Company Number
10004310 (England and Wales)
Registered Office
57 Queenswood Avenue
Thornton Heath
CR7 7HZ
Accountants
S Bowry
Weatherill House Business Centre
23 Whitestone Way
Croydon
Surrey
CR0 4WF
SIM BUILDING SERVICES LTD
Statement of financial position
as at 28 February 2023
Tangible assets
145,186
51,652
Cash at bank and in hand
27,341
5,639
Creditors: amounts falling due within one year
(230,298)
(103,315)
Net current assets
124,750
55,644
Total assets less current liabilities
269,936
107,296
Creditors: amounts falling due after more than one year
(14,003)
(15,841)
Called up share capital
100
1
Profit and loss account
255,833
91,454
Shareholders' funds
255,933
91,455
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 8 March 2024 and were signed on its behalf by
Dritan Murati
Director
Company Registration No. 10004310
SIM BUILDING SERVICES LTD
Notes to the Accounts
for the year ended 28 February 2023
SIM BUILDING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10004310. The registered office is 57 Queenswood Avenue, Thornton Heath, CR7 7HZ.
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:
Plant & machinery
Reducing basis @ 20%
Motor vehicles
Reducing basis @ 20%
Fixtures & fittings
Reducing basis @ 20%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
1,058
58,663
2,793
62,514
Additions
3,120
104,346
833
108,299
At 28 February 2023
4,178
163,009
3,626
170,813
At 1 March 2022
533
9,040
1,289
10,862
Charge for the year
391
14,033
341
14,765
At 28 February 2023
924
23,073
1,630
25,627
At 28 February 2023
3,254
139,936
1,996
145,186
At 28 February 2022
525
49,623
1,504
51,652
SIM BUILDING SERVICES LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
326,696
131,470
Accrued income and prepayments
1,011
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
3,450
Obligations under finance leases and hire purchase contracts
3,100
2,477
Trade creditors
59,800
9,514
Taxes and social security
49,334
26,258
Loans from directors
5,475
3,473
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,108
4,341
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).