Company Registration No. 07202785 (England and Wales)
SIMPLY AUTHENTIC LTD
Unaudited accounts
for the year ended 31 March 2024
SIMPLY AUTHENTIC LTD
Unaudited accounts
Contents
SIMPLY AUTHENTIC LTD
Company Information
for the year ended 31 March 2024
Directors
MR JAMAL HUSSAIN
MR NURUL HUSSAIN
Company Number
07202785 (England and Wales)
Registered Office
THE MOGHUL
99 MAIN ROAD
SIDCUP
KENT
DA14 6ND
Accountants
SYED ARIF & CO (ACCOUNTANTS)
114 CRANBROOK ROAD
ILFORD
ESSEX
IG1 4LZ
SIMPLY AUTHENTIC LTD
Statement of financial position
as at 31 March 2024
Tangible assets
237,171
254,866
Cash at bank and in hand
131,656
111,410
Creditors: amounts falling due within one year
(97,482)
(124,653)
Net current assets
65,633
13,426
Total assets less current liabilities
302,804
268,292
Creditors: amounts falling due after more than one year
(24,654)
(29,703)
Net assets
278,150
238,589
Called up share capital
4
4
Profit and loss account
278,146
238,585
Shareholders' funds
278,150
238,589
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 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 of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
MR JAMAL HUSSAIN
Director
Company Registration No. 07202785
SIMPLY AUTHENTIC LTD
Notes to the Accounts
for the year ended 31 March 2024
SIMPLY AUTHENTIC LTD is a private company, limited by shares, registered in England and Wales, registration number 07202785. The registered office is THE MOGHUL, 99 MAIN ROAD, SIDCUP, KENT, DA14 6ND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
163,857
105,195
132,437
401,489
At 31 March 2024
163,857
105,195
132,437
401,489
At 1 April 2023
-
39,561
107,062
146,623
Charge for the year
-
13,127
4,568
17,695
At 31 March 2024
-
52,688
111,630
164,318
At 31 March 2024
163,857
52,507
20,807
237,171
At 31 March 2023
163,857
65,634
25,375
254,866
SIMPLY AUTHENTIC LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,019
14,201
Taxes and social security
11,072
72
Proposed dividends
-
10,000
Other creditors
20,114
20,416
Loans from directors
27,990
55,490
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
2,139
(5,301)
8
Average number of employees
During the year the average number of employees was 15 (2023: 15).