1 March 2023 false Taxfiler 2024.6 10004310business:PrivateLimitedCompanyLtd2023-03-012024-02-29 100043102023-02-28 100043102023-03-012024-02-29 10004310business:AuditExemptWithAccountantsReport2023-03-012024-02-29 10004310business:FilletedAccounts2023-03-012024-02-29 100043102024-02-29 10004310business:Director12023-03-012024-02-29 10004310business:Director22023-03-012024-02-29 10004310business:RegisteredOffice2023-03-012024-02-29 100043102023-02-28 10004310core:WithinOneYear2024-02-29 10004310core:WithinOneYear2023-02-28 10004310core:AfterOneYear2024-02-29 10004310core:AfterOneYear2023-02-28 10004310core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10004310core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10004310core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10004310core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10004310core:PreviouslyStatedAmount2024-02-29 10004310core:PreviouslyStatedAmount2023-02-28 10004310business:SmallEntities2023-03-012024-02-29 10004310countries:EnglandWales2023-03-012024-02-29 10004310core:PlantMachinery2023-03-012024-02-29 10004310core:MotorVehicles2023-03-012024-02-29 10004310core:FurnitureFittings2023-03-012024-02-29 10004310core:PlantMachinery2023-02-28 10004310core:MotorVehicles2023-02-28 10004310core:FurnitureFittings2023-02-28 10004310core:PlantMachinery2024-02-29 10004310core:MotorVehicles2024-02-29 10004310core:FurnitureFittings2024-02-29 100043102022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10004310 (England and Wales)
SIM BUILDING SERVICES LTD Unaudited accounts for the year ended 29 February 2024
SIM BUILDING SERVICES LTD Unaudited accounts Contents
Page
- 2 -
SIM BUILDING SERVICES LTD Company Information for the year ended 29 February 2024
Directors
Shaqir Murati Dritan Murati
Company Number
10004310 (England and Wales)
Registered Office
57 Queenswood Avenue Thornton Heath CR7 7HZ
- 3 -
SIM BUILDING SERVICES LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
199,855 
145,186 
Current assets
Inventories
27,250 
- 
Debtors
579,609 
327,707 
Cash at bank and in hand
13,908 
27,341 
620,767 
355,048 
Creditors: amounts falling due within one year
(400,759)
(230,298)
Net current assets
220,008 
124,750 
Total assets less current liabilities
419,863 
269,936 
Creditors: amounts falling due after more than one year
(4,475)
(14,003)
Net assets
415,388 
255,933 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
415,288 
255,833 
Shareholders' funds
415,388 
255,933 
For the year ending 29 February 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 8 November 2024 and were signed on its behalf by
Dritan Murati Director Company Registration No. 10004310
- 4 -
SIM BUILDING SERVICES LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SIM BUILDING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10004310. The registered office is 57 Queenswood Avenue, Thornton Heath, CR7 7HZ.
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:
Plant & machinery
Reducing basis @ 20%
Motor vehicles
Reducing basis @ 20%
Fixtures & fittings
Reducing basis @ 20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
4,178 
163,009 
3,626 
170,813 
Additions
43,725 
27,396 
2,455 
73,576 
Disposals
- 
(12,195)
- 
(12,195)
At 29 February 2024
47,903 
178,210 
6,081 
232,194 
Depreciation
At 1 March 2023
924 
23,073 
1,630 
25,627 
Charge for the year
2,338 
6,617 
400 
9,355 
On disposals
- 
(2,643)
- 
(2,643)
At 29 February 2024
3,262 
27,047 
2,030 
32,339 
Net book value
At 29 February 2024
44,641 
151,163 
4,051 
199,855 
At 28 February 2023
3,254 
139,936 
1,996 
145,186 
- 5 -
SIM BUILDING SERVICES LTD Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
578,598 
326,696 
Accrued income and prepayments
1,011 
1,011 
579,609 
327,707 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,450 
- 
Obligations under finance leases and hire purchase contracts
3,100 
3,100 
Trade creditors
185,486 
59,800 
Taxes and social security
70,642 
49,334 
Loans from directors
5,429 
5,475 
Accruals
132,652 
112,589 
400,759 
230,298 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,977 
10,895 
Obligations under finance leases and hire purchase contracts
498 
3,108 
4,475 
14,003 
8
Average number of employees
During the year the average number of employees was 6 (2023: 4).
- 6 -