Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05788621 Mr M Shityakov Mr S Postlethwaite Mr S Postlethwaite true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05788621 2023-03-31 05788621 2024-03-31 05788621 2023-04-01 2024-03-31 05788621 frs-core:CurrentFinancialInstruments 2024-03-31 05788621 frs-core:ShareCapital 2024-03-31 05788621 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05788621 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05788621 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05788621 frs-bus:SmallEntities 2023-04-01 2024-03-31 05788621 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05788621 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05788621 1 2023-04-01 2024-03-31 05788621 frs-bus:Director1 2023-04-01 2024-03-31 05788621 frs-bus:Director2 2023-04-01 2024-03-31 05788621 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 05788621 frs-countries:EnglandWales 2023-04-01 2024-03-31 05788621 2022-03-31 05788621 2023-03-31 05788621 2022-04-01 2023-03-31 05788621 frs-core:CurrentFinancialInstruments 2023-03-31 05788621 frs-core:ShareCapital 2023-03-31 05788621 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05788621
Simposh Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05788621
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 334,541 340,204
Cash at bank and in hand 355 1,725
334,896 341,929
Creditors: Amounts Falling Due Within One Year 5 (801,166 ) (813,556 )
NET CURRENT ASSETS (LIABILITIES) (466,270 ) (471,627 )
TOTAL ASSETS LESS CURRENT LIABILITIES (466,270 ) (471,627 )
NET LIABILITIES (466,270 ) (471,627 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account (466,272 ) (471,629 )
SHAREHOLDERS' FUNDS (466,270) (471,627)
For the year ending 31 March 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S Postlethwaite
Director
10 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Simposh Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05788621 . The registered office is 2 St. Johns Road, Leicester, LE2 2BL.

Principal activities

The principal activity of the company during the year continued to be that of a management company.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The company's functional and presentational currency is British Pound Sterling (£).
2.2. Going Concern Disclosure
The company is supported by the directors and shareholders of the company, who will continue to support the company for the foreseeable future. On this basis, the directors considers it appropriate to prepare the financial statements on the going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.5. Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.6. Operating leases
Rental income from operating leases is credited to the Income Statement on a straight line basis over the lease term.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 334,256 334,256
Amounts owed by group undertakings 285 -
Other debtors - 5,948
334,541 340,204
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 247,073 247,463
Amounts owed to group undertakings 12,360 13,460
Other creditors 541,733 552,633
801,166 813,556
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
7. Related Party Transactions
At the year end the company owed £199,622 (2023: £199,622) to a former shareholder of the company.

At the year end the company was owed £340,204 (2023: £340,204) from related entities.

No interest was charged on the above balances.
8. Ultimate Parent Undertaking and Controlling Party
The ultimate parent undertaking of the company is Soho Holdings Limited. The registered office and principal place of business of Soho Holdings Limited is 2 St Johns Road, Stoneygate, Leicester, LE2 2BL.

The company is the subsidiary undertaking of a small group and as such is not required by the companies Act 2006 to prepare group accounts.
Page 3