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
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
SIM BUILDING SERVICES LTD
Statement of financial position
as at 29 February 2024
Tangible assets
199,855
145,186
Cash at bank and in hand
13,908
27,341
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
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
SIM BUILDING SERVICES LTD
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 29 February 2024
44,641
151,163
4,051
199,855
At 28 February 2023
3,254
139,936
1,996
145,186
SIM BUILDING SERVICES LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
578,598
326,696
Accrued income and prepayments
1,011
1,011
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
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
498
3,108
8
Average number of employees
During the year the average number of employees was 6 (2023: 4).