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REGISTERED NUMBER: 11571133 (England and Wales)












Simply Smarter Investments Ltd

Unaudited Financial Statements

for the Year Ended 30 September 2023






Simply Smarter Investments Ltd (Registered number: 11571133)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


Simply Smarter Investments Ltd

Company Information
for the Year Ended 30 September 2023







Directors: K Burgess
I B Burgess





Registered office: 10 Grange Avenue
Urmston
Manchester
M41 9HU





Registered number: 11571133 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Simply Smarter Investments Ltd (Registered number: 11571133)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
Fixed assets
Investments 4 402,000 402,000

Current assets
Debtors 5 30,100 30,100

Creditors
Amounts falling due within one year 6 404,556 403,968
Net current liabilities (374,456 ) (373,868 )
Total assets less current liabilities 27,544 28,132

Capital and reserves
Called up share capital 100 100
Retained earnings 27,444 28,032
27,544 28,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 6 November 2023 and were signed on its behalf by:



K Burgess - Director


Simply Smarter Investments Ltd (Registered number: 11571133)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. Statutory information

Simply Smarter Investments 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.

Preparation of consolidated financial statements
The financial statements contain information about Simply Smarter Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in associates
Investments in associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

Investments in associates are assessed for impairment at each reporting date. Any impairments losses or reversals of impairment losses are recognised immediately in profit or loss.

3. Employees and directors

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

4. Fixed asset investments
Interest
in
associate
£   
Cost
At 1 October 2022
and 30 September 2023 402,000
Net book value
At 30 September 2023 402,000
At 30 September 2022 402,000

Simply Smarter Investments Ltd (Registered number: 11571133)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. Debtors: amounts falling due within one year
30.9.23 30.9.22
£    £   
Amounts owed by group undertakings 100 100
Other debtors 30,000 30,000
30,100 30,100

6. Creditors: amounts falling due within one year
30.9.23 30.9.22
£    £   
Other creditors 404,556 403,968