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REGISTERED NUMBER: 06003034 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2023 TO 31 JULY 2024

FOR

F A SIMMS & PARTNERS LIMITED

F A SIMMS & PARTNERS LIMITED (REGISTERED NUMBER: 06003034)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 1 May 2023 to 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


F A SIMMS & PARTNERS LIMITED

COMPANY INFORMATION
For The Period 1 May 2023 to 31 July 2024







DIRECTORS: Mr M Piacquadio
Stelaris Directors Limited





REGISTERED OFFICE: Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR





REGISTERED NUMBER: 06003034 (England and Wales)






F A SIMMS & PARTNERS LIMITED (REGISTERED NUMBER: 06003034)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,133 1
Investments 5 1 1,001
2,134 1,002

CURRENT ASSETS
Debtors 6 283,975 282,772
Cash at bank 101,243 71,936
385,218 354,708
CREDITORS
Amounts falling due within one year 7 253,768 280,701
NET CURRENT ASSETS 131,450 74,007
TOTAL ASSETS LESS CURRENT LIABILITIES 133,584 75,009

CREDITORS
Amounts falling due after more than
one year

8

-

49,019
NET ASSETS 133,584 25,990

CAPITAL AND RESERVES
Called up share capital 10 900 900
Share premium 2,990 2,990
Capital redemption reserve 110 110
Retained earnings 129,584 21,990
SHAREHOLDERS' FUNDS 133,584 25,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

F A SIMMS & PARTNERS LIMITED (REGISTERED NUMBER: 06003034)

BALANCE SHEET - continued
31 July 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 Board of Directors and authorised for issue on 13 December 2024 and were signed on its behalf by:





Mr M Piacquadio - Director


F A SIMMS & PARTNERS LIMITED (REGISTERED NUMBER: 06003034)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 1 May 2023 to 31 July 2024


1. STATUTORY INFORMATION

F A Simms & Partners 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.
Plant and machinery etc - 50% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

F A SIMMS & PARTNERS LIMITED (REGISTERED NUMBER: 06003034)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 May 2023 to 31 July 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 36,290
Additions 2,380
At 31 July 2024 38,670
DEPRECIATION
At 1 May 2023 36,289
Charge for period 248
At 31 July 2024 36,537
NET BOOK VALUE
At 31 July 2024 2,133
At 30 April 2023 1

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 May 2023 1,000 1 1,001
Disposals (1,000 ) - (1,000 )
At 31 July 2024 - 1 1
NET BOOK VALUE
At 31 July 2024 - 1 1
At 30 April 2023 1,000 1 1,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 46,048 31,216
Other debtors 237,927 251,556
283,975 282,772

F A SIMMS & PARTNERS LIMITED (REGISTERED NUMBER: 06003034)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 May 2023 to 31 July 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,845 19,282
Trade creditors 18,515 71,052
Amounts owed to group undertakings 51,652 1,000
Taxation and social security 114,399 77,032
Other creditors 66,357 112,335
253,768 280,701

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 49,019

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 2,845 68,301

Bank borrowings are secured by a fixed and floating charge over the company's assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
400 A Ordinary £1 400 400
400 B Ordinary £1 400 400
100 D Ordinary £1 100 100
900 900

11. ULTIMATE CONTROLLING PARTY

The controlling party is FTS Capital Limited.

The ultimate controlling party is Mr M Piacquadio.