SIMHAM LIMITED

Company Registration Number:
08526616 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SIMHAM LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SIMHAM LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Faizan Ali Mitha
Registered office: 22
Moorland Views
Bolton
BL3 3TN
Company Registration Number: 08526616 (England and Wales)

SIMHAM LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Letting of owned and Leased properties.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Faizan Ali Mitha

This report was approved by the board of directors on 14 November 2024
And Signed On Behalf Of The Board By:

Name: Faizan Ali Mitha
Status: Director

SIMHAM LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 41,250 55,000
Cost of sales ( 15,650 ) ( 17,996 )
Gross Profit or (Loss) 25,600 37,004
Administrative Expenses ( 15,180 ) ( 18,315 )
Operating Profit or (Loss) 10,420 18,689
Interest Receivable and Similar Income 4,883 -
Profit or (Loss) Before Tax 15,303 18,689
Tax on Profit ( 2,908 ) ( 3,551 )
Profit or (Loss) for Period 12,395 15,138

The notes form part of these financial statements

SIMHAM LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 650,000 650,000
Total fixed assets: 650,000 650,000
Current assets
Cash at bank and in hand: 395,538 368,683
Total current assets: 395,538 368,683
Net current assets (liabilities): 395,538 368,683
Total assets less current liabilities: 1,045,538 1,018,683
Creditors: amounts falling due after more than one year: 5 ( 896,505 ) ( 884,954 )
Total net assets (liabilities): 149,033 133,729

The notes form part of these financial statements

SIMHAM LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 148,033 132,729
Shareholders funds: 149,033 133,729

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 14 November 2024
And Signed On Behalf Of The Board By:

Name: Faizan Ali Mitha
Status: Director

The notes form part of these financial statements

SIMHAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SIMHAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 4

SIMHAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

SIMHAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 April 2023 650,000 650,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 650,000 650,000
Depreciation
At 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2024 - -
Net book value
At 31 March 2024 650,000 650,000
At 31 March 2023 650,000 650,000

SIMHAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 896,505 884,954
Total 896,505 884,954