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REGISTERED NUMBER: 09934632 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Simply House Limited

Simply House Limited (Registered number: 09934632)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Simply House Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S P Hopkins





REGISTERED OFFICE: Lower Rhydd
The Rhydd Road
Much Dewchurch
Hereford
HR2 8DU





REGISTERED NUMBER: 09934632 (England and Wales)





ACCOUNTANTS: Accounts Solutions
104 Stanley Road
Coventry
CV5 6FF

Simply House Limited (Registered number: 09934632)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,627 11,915

CURRENT ASSETS
Stocks 12,500 10,000
Debtors 5 19,937 28,143
Cash at bank 22,665 12,139
55,102 50,282
CREDITORS
Amounts falling due within one year 6 58,236 53,063
NET CURRENT LIABILITIES (3,134 ) (2,781 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,493

9,134

CREDITORS
Amounts falling due after more than one
year

7

7,472

12,083
NET ASSETS/(LIABILITIES) 21 (2,949 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (79 ) (3,049 )
21 (2,949 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Simply House Limited (Registered number: 09934632)

Balance Sheet - continued
31 December 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 director and authorised for issue on 26 September 2024 and were signed by:





S P Hopkins - Director


Simply House Limited (Registered number: 09934632)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Simply House 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Simply House Limited (Registered number: 09934632)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 42,912
Additions 2,253
At 31 December 2023 45,165
DEPRECIATION
At 1 January 2023 30,997
Charge for year 3,541
At 31 December 2023 34,538
NET BOOK VALUE
At 31 December 2023 10,627
At 31 December 2022 11,915

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 13,058 23,998
Other debtors 6,879 4,145
19,937 28,143

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 9,994 5,668
Taxation and social security 198 964
Other creditors 43,044 41,431
58,236 53,063

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 7,472 12,083