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REGISTERED NUMBER: 04666508 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Simon Pure Limited

Simon Pure Limited (Registered number: 04666508)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Simon Pure Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr K D Rogers Esq.





REGISTERED OFFICE: C/O Mulberry & Co
Eastgate House
Dogflud Way
Farnham
Surrey
GU9 7UD





REGISTERED NUMBER: 04666508 (England and Wales)






Simon Pure Limited (Registered number: 04666508)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 402 1,200

CURRENT ASSETS
Stocks 5 397,338 447,487
Debtors 6 15,080 20,696
Cash at bank and in hand 114,429 120,306
526,847 588,489
CREDITORS
Amounts falling due within one year 7 (74,114 ) (113,061 )
NET CURRENT ASSETS 452,733 475,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

453,135

476,628

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 452,135 475,628
SHAREHOLDERS' FUNDS 453,135 476,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 20 September 2024 and were signed by:





Mr K D Rogers Esq. - Director


Simon Pure Limited (Registered number: 04666508)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Simon Pure 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 represents net invoiced sales of goods and work done, excluding value added tax. Deposits received in advance for customers' orders are excluded from turnover and are carried forward as part of creditors until the order is collected. It is only at this point that the company obtains the right to consideration for goods sold.

The company accounts for costs incurred for work performed by the balance sheet date on such customer orders as work in progress.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

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 includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.

Simon Pure Limited (Registered number: 04666508)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 18,773 5,871 13,940 38,584
DEPRECIATION
At 1 April 2023 18,773 5,871 12,740 37,384
Charge for year - - 798 798
At 31 March 2024 18,773 5,871 13,538 38,182
NET BOOK VALUE
At 31 March 2024 - - 402 402
At 31 March 2023 - - 1,200 1,200

5. STOCKS
31.3.24 31.3.23
£    £   
Stocks 395,516 441,064
Work-in-progress 1,822 6,423
397,338 447,487

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 11,829 6,356
Prepayments 3,251 14,340
15,080 20,696

Simon Pure Limited (Registered number: 04666508)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 22,435 32,395
Deposits received in advance 2,364 8,534
Trade creditors 24,667 41,001
Tax - 2,727
Social security and other taxes 5,248 6,332
Pension payable 1,110 1,093
VAT 15,175 17,211
Accrued expenses 3,115 3,768
74,114 113,061

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K D Rogers Esq..