IRIS Accounts Production v23.4.0.336 09937416 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099374162023-01-31099374162024-01-31099374162023-02-012024-01-31099374162022-01-31099374162022-02-012023-01-31099374162023-01-3109937416ns15:EnglandWales2023-02-012024-01-3109937416ns14:PoundSterling2023-02-012024-01-3109937416ns10:Director12023-02-012024-01-3109937416ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3109937416ns10:SmallEntities2023-02-012024-01-3109937416ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3109937416ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3109937416ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3109937416ns10:FullAccounts2023-02-012024-01-3109937416ns10:Director22023-02-012024-01-3109937416ns10:RegisteredOffice2023-02-012024-01-3109937416ns5:CurrentFinancialInstruments2024-01-3109937416ns5:CurrentFinancialInstruments2023-01-3109937416ns5:ShareCapital2024-01-3109937416ns5:ShareCapital2023-01-3109937416ns5:RetainedEarningsAccumulatedLosses2024-01-3109937416ns5:RetainedEarningsAccumulatedLosses2023-01-3109937416ns5:PlantMachinery2023-02-012024-01-3109937416ns5:PlantMachinery2023-01-3109937416ns5:PlantMachinery2024-01-3109937416ns5:PlantMachinery2023-01-3109937416ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3109937416ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 09937416 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Simon Fairman Ltd

Simon Fairman Ltd (Registered number: 09937416)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Simon Fairman Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: L A Fairman
S R Fairman





REGISTERED OFFICE: 3 Longlands Grove
Worthing
West Sussex
BN14 9FJ





REGISTERED NUMBER: 09937416 (England and Wales)





ACCOUNTANTS: Taxify Ltd
33 Knightscroft Avenue
Rustington
West Sussex
BN16 2HW

Simon Fairman Ltd (Registered number: 09937416)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,480 467

CURRENT ASSETS
Debtors 5 5,660 3,000
Cash at bank 91,666 93,043
97,326 96,043
CREDITORS
Amounts falling due within one year 6 1,000 1,000
NET CURRENT ASSETS 96,326 95,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,806

95,510

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,706 95,410
98,806 95,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 24 April 2024 and were signed on its behalf by:





S R Fairman - Director


Simon Fairman Ltd (Registered number: 09937416)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Simon Fairman Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Turnover represents the value of goods and services provided, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the period comprises current 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 tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 1,869
Additions 2,742
At 31 January 2024 4,611
DEPRECIATION
At 1 February 2023 1,402
Charge for year 729
At 31 January 2024 2,131
NET BOOK VALUE
At 31 January 2024 2,480
At 31 January 2023 467

Simon Fairman Ltd (Registered number: 09937416)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,460 3,000
Other debtors 200 -
5,660 3,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,000 1,000