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REGISTERED NUMBER: 06927140 (England and Wales)















Cessation Financial Statements for the Year Ended 30 June 2024

for

Simple Sanitaryware Ltd

Simple Sanitaryware Ltd (Registered number: 06927140)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Simple Sanitaryware Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: R K Gupta
S S Gosal
K Dhaliwal





REGISTERED OFFICE: 29 Barrack Road
Hounslow
Middlesex
TW4 6AF





REGISTERED NUMBER: 06927140 (England and Wales)





ACCOUNTANTS: Aggarwal & Co
Chartered Certified Accountants
471 Green Lane
Coventry
West Midlands
CV3 6EL

Simple Sanitaryware Ltd (Registered number: 06927140)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 12,934

CURRENT ASSETS
Stocks - 241,500
Debtors 5 56,500 3,850
Cash at bank 3,194 31,843
59,694 277,193
CREDITORS
Amounts falling due within one year 6 111,413 285,600
NET CURRENT LIABILITIES (51,719 ) (8,407 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(51,718

)

4,527

CREDITORS
Amounts falling due after more than one
year

7

-

2,271
NET (LIABILITIES)/ASSETS (51,718 ) 2,256

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Retained earnings 9 (53,218 ) 756
SHAREHOLDERS' FUNDS (51,718 ) 2,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Simple Sanitaryware Ltd (Registered number: 06927140)

Balance Sheet - continued
30 June 2024


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 19 August 2024 and were signed on its behalf by:




R K Gupta - Director S S Gosal - Director




K Dhaliwal - Director


Simple Sanitaryware Ltd (Registered number: 06927140)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Simple Sanitaryware Ltd 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.
Fixtures, fittings & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

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 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1 July 2023 14,854 28,211 43,065
Disposals - (28,211 ) (28,211 )
At 30 June 2024 14,854 - 14,854
DEPRECIATION
At 1 July 2023 13,823 16,308 30,131
Charge for year 1,030 2,975 4,005
Eliminated on disposal - (19,283 ) (19,283 )
At 30 June 2024 14,853 - 14,853
NET BOOK VALUE
At 30 June 2024 1 - 1
At 30 June 2023 1,031 11,903 12,934

Simple Sanitaryware Ltd (Registered number: 06927140)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 56,500 -
Other debtors - 3,850
56,500 3,850

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts - 6,340
Hire purchase contracts - 5,677
Trade creditors 70,297 154,631
Taxation and social security 5,046 35,103
Other creditors 36,070 83,849
111,413 285,600

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts - 2,271

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Hire purchase contracts - 7,948

9. RESERVES
Retained
earnings
£   

At 1 July 2023 756
Deficit for the year (53,974 )
At 30 June 2024 (53,218 )

10. ULTIMATE CONTROLLING PARTY

The company is under control of its directors.