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Company Registration No. 12442083 (England and Wales)
SIMPLICITY MORTGAGES LIMITED Unaudited accounts for the year ended 29 February 2024
SIMPLICITY MORTGAGES LIMITED Unaudited accounts Contents
Page
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SIMPLICITY MORTGAGES LIMITED Company Information for the year ended 29 February 2024
Director
Holly Vickers
Company Number
12442083 (England and Wales)
Registered Office
RIVERVIEW 254 HYLTON ROAD WORCESTER WORCESTERSHIRE WR2 5LA
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SIMPLICITY MORTGAGES LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,000 
2,000 
Current assets
Debtors
- 
19,952 
Cash at bank and in hand
61,637 
54,505 
61,637 
74,457 
Creditors: amounts falling due within one year
(26,622)
(39,546)
Net current assets
35,015 
34,911 
Total assets less current liabilities
36,015 
36,911 
Creditors: amounts falling due after more than one year
(1,020)
(936)
Net assets
34,995 
35,975 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
34,994 
35,974 
Shareholders' funds
34,995 
35,975 
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 director acknowledges her 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 and authorised for issue on 14 November 2024 and were signed on its behalf by
Holly Vickers Director Company Registration No. 12442083
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SIMPLICITY MORTGAGES LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SIMPLICITY MORTGAGES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12442083. The registered office is RIVERVIEW, 254 HYLTON ROAD, WORCESTER, WORCESTERSHIRE, WR2 5LA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
5 years straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
5,000 
At 29 February 2024
5,000 
Depreciation
At 1 March 2023
3,000 
Charge for the year
1,000 
At 29 February 2024
4,000 
Net book value
At 29 February 2024
1,000 
At 28 February 2023
2,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
19,952 
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SIMPLICITY MORTGAGES LIMITED Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,272 
- 
Taxes and social security
10,379 
9,508 
Accruals
- 
9,932 
Deferred income
14,971 
20,106 
26,622 
39,546 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
1,020 
936 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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