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Company Registration No. 09957225 (England and Wales)
Simsol Technologies Limited Unaudited accounts for the year ended 31 January 2024
Simsol Technologies Limited Unaudited accounts Contents
Page
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Simsol Technologies Limited Company Information for the year ended 31 January 2024
Directors
Imran Fareed Sidiqui Fatima Imran
Company Number
09957225 (England and Wales)
Registered Office
27 Church Road, Harold Wood, Romford RM3 0JX
Accountants
Nextin Accountants 38P Alum Rock Road Birmingham West Midlands B8 1JA
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Simsol Technologies Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
972 
972 
Current assets
Debtors
5,836 
7,854 
Cash at bank and in hand
63 
289 
5,899 
8,143 
Creditors: amounts falling due within one year
(18,236)
(21,413)
Net current liabilities
(12,337)
(13,270)
Net liabilities
(11,365)
(12,298)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(11,465)
(12,398)
Shareholders' funds
(11,365)
(12,298)
For the year ending 31 January 2024 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 3 October 2024 and were signed on its behalf by
Imran Fareed Sidiqui Director Company Registration No. 09957225
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Simsol Technologies Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Simsol Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 09957225. The registered office is 27 Church Road, Harold Wood,, Romford, RM3 0JX.
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.
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:
Fixtures & fittings
20% on WDV
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
2,048 
At 31 January 2024
2,048 
Depreciation
At 1 February 2023
1,076 
At 31 January 2024
1,076 
Net book value
At 31 January 2024
972 
At 31 January 2023
972 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
5,836 
7,854 
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Simsol Technologies Limited Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
17,297 
20,484 
VAT
139 
129 
Accruals
800 
800 
18,236 
21,413 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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