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REGISTERED NUMBER: 10899266 (England and Wales)

























Unaudited Financial Statements for the Year Ended 29 February 2024

for

Simply Supply Ch@in Limited

Simply Supply Ch@in Limited (Registered number: 10899266)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Simply Supply Ch@in Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: P J Palmer





REGISTERED OFFICE: The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE





BUSINESS ADDRESS: 4 Woodchester
Yate
Bristol
BS37 8TZ





REGISTERED NUMBER: 10899266 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Simply Supply Ch@in Limited (Registered number: 10899266)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,740

CURRENT ASSETS
Debtors 5 - 78,395

CREDITORS
Amounts falling due within one year 6 80,765 150,558
NET CURRENT LIABILITIES (80,765 ) (72,163 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(80,765

)

(70,423

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (80,766 ) (70,424 )
SHAREHOLDERS' FUNDS (80,765 ) (70,423 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 27 November 2024 and were signed by:





P J Palmer - Director


Simply Supply Ch@in Limited (Registered number: 10899266)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Simply Supply Ch@in 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 3,723
Disposals (3,723 )
At 29 February 2024 -
DEPRECIATION
At 1 March 2023 1,983
Charge for year 573
Eliminated on disposal (2,556 )
At 29 February 2024 -
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 1,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,760
Other debtors - 76,635
- 78,395

Simply Supply Ch@in Limited (Registered number: 10899266)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,999 3,456
Trade creditors 2,920 2,920
Taxation and social security 55,202 37,750
Other creditors 17,644 106,432
80,765 150,558

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
P J Palmer
Balance outstanding at start of year 75,134 86,728
Amounts advanced - 75,134
Amounts repaid (75,140 ) (86,728 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6 ) 75,134

The above loan is unsecured and repayable on demand. Interest was charged on the loan at HMRC's official rate.