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Company Registration No. 06583827 (England and Wales)
Simon Webb Limited Unaudited accounts for the year ended 31 December 2023
Simon Webb Limited Unaudited accounts Contents
Page
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Simon Webb Limited Company Information for the year ended 31 December 2023
Directors
S J Webb S A Webb
Secretary
M A Taylor
Company Number
06583827 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Simon Webb Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,555 
13,233 
Current assets
Debtors
347,700 
340,085 
Cash at bank and in hand
106 
38,873 
347,806 
378,958 
Creditors: amounts falling due within one year
(105,460)
(100,197)
Net current assets
242,346 
278,761 
Total assets less current liabilities
256,901 
291,994 
Creditors: amounts falling due after more than one year
(13,834)
(14,968)
Provisions for liabilities
Deferred tax
(2,765)
(2,514)
Net assets
240,302 
274,512 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
240,202 
274,412 
Shareholders' funds
240,302 
274,512 
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 directors acknowledge their 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 of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
S J Webb Director Company Registration No. 06583827
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Simon Webb Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Simon Webb Limited is a private company, limited by shares, registered in England and Wales, registration number 06583827. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum on a reducing balance basis
Fixtures & fittings
20% per annum on a reducing balance basis
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Simon Webb Limited Notes to the Accounts for the year ended 31 December 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
36,643 
11,671 
48,314 
Additions
3,080 
1,806 
4,886 
At 31 December 2023
39,723 
13,477 
53,200 
Depreciation
At 1 January 2023
25,532 
9,549 
35,081 
Charge for the year
2,778 
786 
3,564 
At 31 December 2023
28,310 
10,335 
38,645 
Net book value
At 31 December 2023
11,413 
3,142 
14,555 
At 31 December 2022
11,111 
2,122 
13,233 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
8,333 
11,111 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
37,204 
14,589 
Amounts due from group undertakings etc.
284,096 
284,096 
Other debtors
26,400 
41,400 
347,700 
340,085 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,677 
5,934 
VAT
18,616 
22,849 
Obligations under finance leases and hire purchase contracts
9,984 
15,168 
Trade creditors
18,798 
13,796 
Amounts owed to group undertakings and other participating interests
6,774 
4,754 
Taxes and social security
42,265 
33,030 
Other creditors
3,595 
3,595 
Loans from directors
501 
1,071 
Accruals
1,250 
- 
105,460 
100,197 
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Simon Webb Limited Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,834 
14,968 
Liabilities under hire purchase contracts are secured on the assets to which they relate
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50 
50 
25 A Ordinary Shares of £1 each
25 
25 
25 B Ordinary Shares of £1 each
25 
25 
100 
100 
9
Transactions with related parties
Mr S J Webb is a shareholder and director in both Simon Webb Limited and Art Gym Limited Simon Webb Limited made a loan to Art Gym Limited, at the balance sheet date the amount due was £284,096 ( 2022 - £284,096 ) The loan in repayable upon demand and subject to interest at a commercial rate Mr S J Webb was a shareholder and director in both Simon Webb Limited and Tidy Planet Limited at the balance sheet date Tidy Planet Limited made a loan to Simon Webb Limited, at the balance sheet date the amount due was £6,774 ( 2022 - £4,754) The loan in repayable upon demand and subject to interest at a commercial rate
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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