Company registration number 00582924 (England and Wales)
Thomas Simms Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 30 April 2024
PAGES FOR FILING WITH REGISTRAR
Thomas Simms Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Thomas Simms Ltd
Statement Of Financial Position
as at 30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
128
142
Current assets
Debtors
88
Cash at bank and in hand
88,750
100,475
88,750
100,563
Creditors: amounts falling due within one year
(9,043)
(420)
Net current assets
79,707
100,143
Net assets
79,835
100,285
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
79,635
100,085
Total equity
79,835
100,285
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 8 August 2024
J Simms
Director
Company registration number 00582924 (England and Wales)
Thomas Simms Ltd
Notes to the financial statements
for the year ended 30 April 2024
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
10% reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 May 2023 and 30 April 2024
4,292
Depreciation and impairment
At 1 May 2023
4,150
Depreciation charged in the year
14
At 30 April 2024
4,164
Carrying amount
At 30 April 2024
128
At 30 April 2023
142
Thomas Simms Ltd
Notes to the financial statements (continued)
for the year ended 30 April 2024
- 3 -
4
Company information
Thomas Simms Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Hall Cliffe Crescent, Horbury, West Yorkshire, WF4 6DF.