IRIS Accounts Production v24.3.0.553 05560998 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055609982023-03-31055609982024-03-31055609982023-04-012024-03-31055609982022-03-31055609982022-04-012023-03-31055609982023-03-3105560998ns15:EnglandWales2023-04-012024-03-3105560998ns14:PoundSterling2023-04-012024-03-3105560998ns10:Director12023-04-012024-03-3105560998ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105560998ns10:SmallEntities2023-04-012024-03-3105560998ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105560998ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105560998ns10:FullAccounts2023-04-012024-03-3105560998ns10:OrdinaryShareClass12023-04-012024-03-3105560998ns10:RegisteredOffice2023-04-012024-03-3105560998ns5:CurrentFinancialInstruments2024-03-3105560998ns5:CurrentFinancialInstruments2023-03-3105560998ns5:ShareCapital2024-03-3105560998ns5:ShareCapital2023-03-3105560998ns5:RevaluationReserve2024-03-3105560998ns5:RevaluationReserve2023-03-3105560998ns5:RetainedEarningsAccumulatedLosses2024-03-3105560998ns5:RetainedEarningsAccumulatedLosses2023-03-3105560998ns5:LeaseholdImprovements2023-04-012024-03-3105560998ns5:PlantMachinery2023-04-012024-03-3105560998ns5:FurnitureFittings2023-04-012024-03-3105560998ns5:MotorVehicles2023-04-012024-03-3105560998ns5:ComputerEquipment2023-04-012024-03-3105560998ns5:LeaseholdImprovements2023-03-3105560998ns5:PlantMachinery2023-03-3105560998ns5:FurnitureFittings2023-03-3105560998ns5:LeaseholdImprovements2024-03-3105560998ns5:PlantMachinery2024-03-3105560998ns5:FurnitureFittings2024-03-3105560998ns5:LeaseholdImprovements2023-03-3105560998ns5:PlantMachinery2023-03-3105560998ns5:FurnitureFittings2023-03-3105560998ns5:MotorVehicles2023-03-3105560998ns5:ComputerEquipment2023-03-3105560998ns5:MotorVehicles2024-03-3105560998ns5:ComputerEquipment2024-03-3105560998ns5:MotorVehicles2023-03-3105560998ns5:ComputerEquipment2023-03-3105560998ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3105560998ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3105560998ns10:OrdinaryShareClass12024-03-3105560998ns5:RetainedEarningsAccumulatedLosses2023-03-3105560998ns5:RevaluationReserve2023-03-3105560998ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 05560998 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Access Made Simple Limited

Access Made Simple Limited (Registered number: 05560998)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Access Made Simple Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D D Anderson





REGISTERED OFFICE: Cradley Enterprise Centre
Maypole Fields
Cradley
Halesowen
West Midlands
B63 2QB





REGISTERED NUMBER: 05560998 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

Access Made Simple Limited (Registered number: 05560998)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 195,851 212,468

CURRENT ASSETS
Stocks 3,000 2,850
Debtors 5 108,340 56,079
Cash at bank and in hand 48,415 79,389
159,755 138,318
CREDITORS
Amounts falling due within one year 6 60,688 69,995
NET CURRENT ASSETS 99,067 68,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,918

280,791

CAPITAL AND RESERVES
Called up share capital 7 11 11
Revaluation reserve 8 214,488 214,488
Retained earnings 8 80,419 66,292
SHAREHOLDERS' FUNDS 294,918 280,791

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.

Access Made Simple Limited (Registered number: 05560998)

Balance Sheet - continued
31 March 2024


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 3 October 2024 and were signed by:





D D Anderson - Director


Access Made Simple Limited (Registered number: 05560998)

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

1. STATUTORY INFORMATION

Access Made Simple 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Access Made Simple Limited (Registered number: 05560998)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST OR VALUATION
At 1 April 2023 1,000 215,950 1,683
Additions - 633 -
Disposals - - -
At 31 March 2024 1,000 216,583 1,683
DEPRECIATION
At 1 April 2023 1,000 41,384 781
Charge for year - 17,520 180
Eliminated on disposal - - -
At 31 March 2024 1,000 58,904 961
NET BOOK VALUE
At 31 March 2024 - 157,679 722
At 31 March 2023 - 174,566 902

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 60,010 4,267 282,910
Additions 15,500 - 16,133
Disposals (9,000 ) - (9,000 )
At 31 March 2024 66,510 4,267 290,043
DEPRECIATION
At 1 April 2023 23,747 3,530 70,442
Charge for year 6,522 245 24,467
Eliminated on disposal (717 ) - (717 )
At 31 March 2024 29,552 3,775 94,192
NET BOOK VALUE
At 31 March 2024 36,958 492 195,851
At 31 March 2023 36,263 737 212,468

Access Made Simple Limited (Registered number: 05560998)

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

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 March 2024 is represented by:

Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
Valuation in 2021 - 214,488 -
Cost 1,000 2,095 1,683
1,000 216,583 1,683

Motor Computer
vehicles equipment Totals
£    £    £   
Valuation in 2021 - - 214,488
Cost 66,510 4,267 75,555
66,510 4,267 290,043

Plant and machinery, scaffold poles and boards were revalued by the directors on 31st March 2021. The directors are of the opinion that the value of plant and machinery at the balance sheet date reasonably reflects the current market value.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 104,507 56,079
Other debtors 3,833 -
108,340 56,079

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 23,471 31,108
Tax 9,885 -
Social security and other taxes - 6,619
VAT 15,040 21,109
Directors' current accounts 10,775 9,868
Accrued expenses 1,517 1,291
60,688 69,995

Access Made Simple Limited (Registered number: 05560998)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
11 Ordinary £1 11 11

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 66,292 214,488 280,780
Profit for the year 25,127 25,127
Dividends (11,000 ) (11,000 )
At 31 March 2024 80,419 214,488 294,907

9. RELATED PARTY DISCLOSURES

The company paid dividends to its directors during the year as follows:

Mr D D Anderson £11,000

10. ULTIMATE CONTROLLING PARTY

The controlling party is D D Anderson.