Company Registration No. NI649904 (Northern Ireland)
SIMPSON DESIGN (N.I.) LTD
Unaudited accounts
for the year ended 31 December 2023
SIMPSON DESIGN (N.I.) LTD
Unaudited accounts
Contents
SIMPSON DESIGN (N.I.) LTD
Company Information
for the year ended 31 December 2023
Director
John Thomas Simpson
Secretary
John Thomas Simpson
Company Number
NI649904 (Northern Ireland)
Registered Office
42 SEMICOCK ROAD
BALLYMONEY
BT53 6PY
NORTHERN IRELAND
Accountants
Kevin & Margaret Duffin T/A KMD Accountancy
Ardmalin
15 Inishowen Park
Portstewart
Londonderry
BT55 7BQ
SIMPSON DESIGN (N.I.) LTD
Statement of financial position
as at 31 December 2023
Tangible assets
3,262
4,077
Cash at bank and in hand
190,662
191,346
Creditors: amounts falling due within one year
(12,964)
(28,246)
Net current assets
177,698
163,100
Net assets
180,960
167,177
Called up share capital
(100)
(100)
Profit and loss account
181,060
167,277
Shareholders' funds
180,960
167,177
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 3 September 2024 and were signed on its behalf by
John Thomas Simpson
Director
Company Registration No. NI649904
SIMPSON DESIGN (N.I.) LTD
Notes to the Accounts
for the year ended 31 December 2023
SIMPSON DESIGN (N.I.) LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI649904. The registered office is 42 SEMICOCK ROAD, BALLYMONEY, BT53 6PY, NORTHERN IRELAND.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
670
7,250
4,560
12,480
At 31 December 2023
670
7,250
4,560
12,480
At 1 January 2023
451
4,874
3,078
8,403
Charge for the year
44
475
296
815
At 31 December 2023
495
5,349
3,374
9,218
At 31 December 2023
175
1,901
1,186
3,262
At 31 December 2022
219
2,376
1,482
4,077
SIMPSON DESIGN (N.I.) LTD
Notes to the Accounts
for the year ended 31 December 2023
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,289
16,451
Other creditors
1,200
1,290
Loans from directors
-
5,405
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Average number of employees
During the year the average number of employees was 1 (2022: 1).