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REGISTERED NUMBER: 12797122 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Simcorp Investment Ltd

Simcorp Investment Ltd (Registered number: 12797122)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Simcorp Investment Ltd (Registered number: 12797122)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Inventories - 111,257
Debtors 4 9,343 171,308
Cash at bank 1,621 928
10,964 283,493
CREDITORS
Amounts falling due within one year 5 110 237,576
NET CURRENT ASSETS 10,854 45,917
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,854

45,917

CREDITORS
Amounts falling due after more than
one year

6

-

32,892
NET ASSETS 10,854 13,025

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 9,854 12,025
SHAREHOLDERS' FUNDS 10,854 13,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Simcorp Investment Ltd (Registered number: 12797122)

Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2024 and were signed by:





Mr Arash Simyar - Director


Simcorp Investment Ltd (Registered number: 12797122)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Simcorp Investment Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12797122

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stock representing properties intended for resale is valued at the lower of cost and estimated selling price less costs to complete and sell. Costs incurred in refurbishing properties to the resale standard are included in the cost of each property.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Simcorp Investment Ltd (Registered number: 12797122)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 9,343 171,308

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 110 237,576

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors - 32,892

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst - 32,892

Simcorp Investment Ltd (Registered number: 12797122)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. RELATED PARTY DISCLOSURES

The company was owed £8,641 as at accounting year end date from Simcorp Holding Ltd, a company registered in United Kingdom (Company registered number:13525021). Mr Arash Simyar is also a director and sole shareholder of this company.

The company owes £40 to its director, Mr Arash Simyar as at accounting year end date.