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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
Page
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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
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SIM BUILDING SERVICES LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
145,186 
51,652 
Current assets
Inventories
- 
21,850 
Debtors
327,707 
131,470 
Cash at bank and in hand
27,341 
5,639 
355,048 
158,959 
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)
Net assets
255,933 
91,455 
Capital and reserves
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
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SIM BUILDING SERVICES LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 28 February 2023
3,254 
139,936 
1,996 
145,186 
At 28 February 2022
525 
49,623 
1,504 
51,652 
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SIM BUILDING SERVICES LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
326,696 
131,470 
Accrued income and prepayments
1,011 
- 
327,707 
131,470 
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 
Accruals
112,589 
58,143 
230,298 
103,315 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
10,895 
11,500 
Obligations under finance leases and hire purchase contracts
3,108 
4,341 
14,003 
15,841 
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).
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