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REGISTERED NUMBER: 12994430 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Simian Properties Limited

Simian Properties Limited (Registered number: 12994430)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Simian Properties Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: K Harrington-Milne
C M Harrington-Milne





REGISTERED OFFICE: M.01
Blue, Tomorrow
Mediacityuk
United Kingdom
M50 2AB





REGISTERED NUMBER: 12994430 (England and Wales)





ACCOUNTANTS: Summit Accountants Limited
M.01 Tomorrow
MediaCityUK
Salford
Greater Manchester
M50 2AB

Simian Properties Limited (Registered number: 12994430)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 120,851 115,415

CURRENT ASSETS
Cash at bank 1,297 4,373

CREDITORS
Amounts falling due within one year 5 59,765 58,007
NET CURRENT LIABILITIES (58,468 ) (53,634 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,383

61,781

CREDITORS
Amounts falling due after more than one year 6 60,050 60,050
NET ASSETS 2,333 1,731

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,233 1,631
2,333 1,731

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Simian Properties Limited (Registered number: 12994430)

Statement of Financial Position - continued
30 November 2023


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 23 August 2024 and were signed on its behalf by:




K Harrington-Milne - Director



C M Harrington-Milne - Director


Simian Properties Limited (Registered number: 12994430)

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

1. STATUTORY INFORMATION

Simian Properties Limited 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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).

Simian Properties Limited (Registered number: 12994430)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 115,415
Additions 5,436
At 30 November 2023 120,851
NET BOOK VALUE
At 30 November 2023 120,851
At 30 November 2022 115,415

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 141 383
Other creditors 59,624 57,624
59,765 58,007

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 60,050 60,050

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 60,050 60,050

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
K Harrington-Milne
Balance outstanding at start of year (57,143 ) (57,143 )
Amounts repaid (2,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (59,143 ) (57,143 )

No formal repayment terms have been agreed.