IRIS Accounts Production v24.1.4.33 09634440 Board of Directors 31.7.22 30.7.23 30.7.23 0 0 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096344402022-07-30096344402023-07-30096344402022-07-312023-07-30096344402021-07-30096344402021-07-312022-07-30096344402022-07-3009634440ns15:EnglandWales2022-07-312023-07-3009634440ns14:PoundSterling2022-07-312023-07-3009634440ns10:Director12022-07-312023-07-3009634440ns10:PrivateLimitedCompanyLtd2022-07-312023-07-3009634440ns10:SmallEntities2022-07-312023-07-3009634440ns10:AuditExempt-NoAccountantsReport2022-07-312023-07-3009634440ns10:SmallCompaniesRegimeForDirectorsReport2022-07-312023-07-3009634440ns10:SmallCompaniesRegimeForAccounts2022-07-312023-07-3009634440ns10:FullAccounts2022-07-312023-07-3009634440ns10:Director22022-07-312023-07-3009634440ns10:Director32022-07-312023-07-3009634440ns10:RegisteredOffice2022-07-312023-07-3009634440ns5:CurrentFinancialInstruments2023-07-3009634440ns5:CurrentFinancialInstruments2022-07-3009634440ns5:Non-currentFinancialInstruments2023-07-3009634440ns5:Non-currentFinancialInstruments2022-07-3009634440ns5:ShareCapital2023-07-3009634440ns5:ShareCapital2022-07-3009634440ns5:RetainedEarningsAccumulatedLosses2023-07-3009634440ns5:RetainedEarningsAccumulatedLosses2022-07-3009634440ns5:CostValuation2022-07-3009634440ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3009634440ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-30
REGISTERED NUMBER: 09634440 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 July 2023

for

The Simply Group of Companies Ltd

The Simply Group of Companies Ltd (Registered number: 09634440)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Simply Group of Companies Ltd

Company Information
for the Year Ended 30 July 2023







DIRECTORS: Mr. C J Kowalik
Mr. R P Rhodes
Mr. M C Hall





REGISTERED OFFICE: Mitre House
Kirkgate
Birstall
Batley
West Yorkshire
WF17 9HE





REGISTERED NUMBER: 09634440 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

The Simply Group of Companies Ltd (Registered number: 09634440)

Balance Sheet
30 July 2023

30.7.23 30.7.22
Notes £ £ £ £
FIXED ASSETS
Investments 4 600 600

CURRENT ASSETS
Debtors 5 340,314 270,632

CREDITORS
Amounts falling due within one year 6 91,338 -
NET CURRENT ASSETS 248,976 270,632
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,576

271,232

CREDITORS
Amounts falling due after more than one
year

7

249,577

271,133
NET (LIABILITIES)/ASSETS (1 ) 99

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (301 ) (201 )
SHAREHOLDERS' FUNDS (1 ) 99

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 July 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 26 July 2024 and were signed on its behalf by:



Mr. R P Rhodes - Director


The Simply Group of Companies Ltd (Registered number: 09634440)

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

1. STATUTORY INFORMATION

The Simply Group of Companies 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 31 July 2022
and 30 July 2023 600
NET BOOK VALUE
At 30 July 2023 600
At 30 July 2022 600

The Simply Group of Companies Ltd (Registered number: 09634440)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.23 30.7.22
£ £
Other debtors 91,338 -
Directors' loan accounts 248,976 270,632
340,314 270,632

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.23 30.7.22
£ £
Tax 91,338 -

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.7.23 30.7.22
£ £
Connected company loans 249,577 271,133

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 July 2023 and 30 July 2022:

30.7.2330.7.22
££
Director 1
Balance outstanding at start of year108,932105,055
Amounts advanced43,178108,932
Amounts repaid(43,278)(105,055)
Amounts written off--
Amounts waived--
Balance outstanding at end of year108,832108,932

Director 2
Balance outstanding at start of year94,08697,150
Amounts advanced40,22494,086
Amounts repaid(43,278)(97,150)
Amounts written off--
Amounts waived--
Balance outstanding at end of year91,03294,086
Director 3
Balance outstanding at start of year67,61487,320
Amounts advanced24,91567,614
Amounts repaid(43,418)(87,320)
Amounts written off--
Amounts waived--
Balance outstanding at end of year49,11167,614



The Simply Group of Companies Ltd (Registered number: 09634440)

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

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed Simply IT (GB) Limited £248,975 (2022 - £270,674) and Simply Office Supplies (UK) Limited £300 (2022 - £300). Mr C Kowalik and Mr R Rhodes, directors in The Simply Group of Companies Limited, are also directors in Simply IT (GB) Limited and Simply Office Supplies (UK) Limited.