2023-06-012024-02-292024-02-29false05468986SIMON HART LIMITED2024-04-02iso4217:GBPxbrli:pure054689862023-06-01054689862024-02-29054689862023-06-012024-02-29054689862022-06-01054689862023-05-31054689862022-06-012023-05-3105468986bus:SmallEntities2023-06-012024-02-2905468986bus:AuditExempt-NoAccountantsReport2023-06-012024-02-2905468986bus:FullAccounts2023-06-012024-02-2905468986bus:PrivateLimitedCompanyLtd2023-06-012024-02-2905468986core:WithinOneYear2024-02-2905468986core:AfterOneYear2024-02-2905468986core:WithinOneYear2023-05-3105468986core:AfterOneYear2023-05-3105468986core:ShareCapital2024-02-2905468986core:SharePremium2024-02-2905468986core:RevaluationReserve2024-02-2905468986core:OtherReservesSubtotal2024-02-2905468986core:RetainedEarningsAccumulatedLosses2024-02-2905468986core:ShareCapital2023-05-3105468986core:SharePremium2023-05-3105468986core:RevaluationReserve2023-05-3105468986core:OtherReservesSubtotal2023-05-3105468986core:RetainedEarningsAccumulatedLosses2023-05-3105468986core:LandBuildings2024-02-2905468986core:PlantMachinery2024-02-2905468986core:Vehicles2024-02-2905468986core:FurnitureFittings2024-02-2905468986core:OfficeEquipment2024-02-2905468986core:NetGoodwill2024-02-2905468986core:IntangibleAssetsOtherThanGoodwill2024-02-2905468986core:ListedExchangeTraded2024-02-2905468986core:UnlistedNon-exchangeTraded2024-02-2905468986core:LandBuildings2023-05-3105468986core:PlantMachinery2023-05-3105468986core:Vehicles2023-05-3105468986core:FurnitureFittings2023-05-3105468986core:OfficeEquipment2023-05-3105468986core:NetGoodwill2023-05-3105468986core:IntangibleAssetsOtherThanGoodwill2023-05-3105468986core:ListedExchangeTraded2023-05-3105468986core:UnlistedNon-exchangeTraded2023-05-3105468986core:LandBuildings2023-06-012024-02-2905468986core:PlantMachinery2023-06-012024-02-2905468986core:Vehicles2023-06-012024-02-2905468986core:FurnitureFittings2023-06-012024-02-2905468986core:OfficeEquipment2023-06-012024-02-2905468986core:NetGoodwill2023-06-012024-02-2905468986core:IntangibleAssetsOtherThanGoodwill2023-06-012024-02-2905468986core:ListedExchangeTraded2023-06-012024-02-2905468986core:UnlistedNon-exchangeTraded2023-06-012024-02-2905468986core:MoreThanFiveYears2023-06-012024-02-2905468986core:Non-currentFinancialInstruments2024-02-2905468986core:Non-currentFinancialInstruments2023-05-3105468986dpl:CostSales2023-06-012024-02-2905468986dpl:DistributionCosts2023-06-012024-02-2905468986core:LandBuildings2023-06-012024-02-2905468986core:PlantMachinery2023-06-012024-02-2905468986core:Vehicles2023-06-012024-02-2905468986core:FurnitureFittings2023-06-012024-02-2905468986core:OfficeEquipment2023-06-012024-02-2905468986dpl:AdministrativeExpenses2023-06-012024-02-2905468986core:NetGoodwill2023-06-012024-02-2905468986core:IntangibleAssetsOtherThanGoodwill2023-06-012024-02-2905468986dpl:GroupUndertakings2023-06-012024-02-2905468986dpl:ParticipatingInterests2023-06-012024-02-2905468986dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-02-2905468986core:ListedExchangeTraded2023-06-012024-02-2905468986dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-02-2905468986core:UnlistedNon-exchangeTraded2023-06-012024-02-2905468986dpl:CostSales2022-06-012023-05-3105468986dpl:DistributionCosts2022-06-012023-05-3105468986core:LandBuildings2022-06-012023-05-3105468986core:PlantMachinery2022-06-012023-05-3105468986core:Vehicles2022-06-012023-05-3105468986core:FurnitureFittings2022-06-012023-05-3105468986core:OfficeEquipment2022-06-012023-05-3105468986dpl:AdministrativeExpenses2022-06-012023-05-3105468986core:NetGoodwill2022-06-012023-05-3105468986core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3105468986dpl:GroupUndertakings2022-06-012023-05-3105468986dpl:ParticipatingInterests2022-06-012023-05-3105468986dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3105468986core:ListedExchangeTraded2022-06-012023-05-3105468986dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3105468986core:UnlistedNon-exchangeTraded2022-06-012023-05-3105468986core:NetGoodwill2024-02-2905468986core:IntangibleAssetsOtherThanGoodwill2024-02-2905468986core:LandBuildings2024-02-2905468986core:PlantMachinery2024-02-2905468986core:Vehicles2024-02-2905468986core:FurnitureFittings2024-02-2905468986core:OfficeEquipment2024-02-2905468986core:AfterOneYear2024-02-2905468986core:WithinOneYear2024-02-2905468986core:ListedExchangeTraded2024-02-2905468986core:UnlistedNon-exchangeTraded2024-02-2905468986core:ShareCapital2024-02-2905468986core:SharePremium2024-02-2905468986core:RevaluationReserve2024-02-2905468986core:OtherReservesSubtotal2024-02-2905468986core:RetainedEarningsAccumulatedLosses2024-02-2905468986core:NetGoodwill2023-05-3105468986core:IntangibleAssetsOtherThanGoodwill2023-05-3105468986core:LandBuildings2023-05-3105468986core:PlantMachinery2023-05-3105468986core:Vehicles2023-05-3105468986core:FurnitureFittings2023-05-3105468986core:OfficeEquipment2023-05-3105468986core:AfterOneYear2023-05-3105468986core:WithinOneYear2023-05-3105468986core:ListedExch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SIMON HART LIMITED

Registered Number
05468986
(England and Wales)

Unaudited Financial Statements for the Period ended
29 February 2024

SIMON HART LIMITED
Company Information
for the period from 1 June 2023 to 29 February 2024

Director

HART, Simon

Company Secretary

HART, Margaret Elizabeth

Registered Address

111 Kenton Road
Gosforth
Newcastle Upon Tyne
NE3 4NN

Registered Number

05468986 (England and Wales)
SIMON HART LIMITED
Balance Sheet as at
29 February 2024

Notes

29 Feb 2024

31 May 2023

£

£

£

£

Fixed assets
Tangible assets3-321
-321
Current assets
Debtors-3,589
Cash at bank and on hand19,92016,393
19,92019,982
Creditors amounts falling due within one year4(7,815)(6,876)
Net current assets (liabilities)12,10513,106
Total assets less current liabilities12,10513,427
Net assets12,10513,427
Capital and reserves
Called up share capital44
Profit and loss account12,10113,423
Shareholders' funds12,10513,427
The financial statements were approved and authorised for issue by the Director on 2 April 2024, and are signed on its behalf by:
HART, Simon
Director
Registered Company No. 05468986
SIMON HART LIMITED
Notes to the Financial Statements
for the period ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Plant and machinery5
Fixtures and fittings5
Vehicles5
Office Equipment5
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 June 239,6006,81316,413
At 29 February 249,6006,81316,413
Depreciation and impairment
At 01 June 239,6006,49216,092
Charge for year-321321
At 29 February 249,6006,81316,413
Net book value
At 29 February 24---
At 31 May 23-321321
4.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties5,7943,744
Taxation and social security8791,855
Other creditors325325
Accrued liabilities and deferred income817952
Total7,8156,876
5.Provisions for liabilities
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.