2023-05-012024-04-302024-04-30false10716166LETSIMPLE LTD2025-01-2482990falseiso4217:GBPxbrli:pure107161662023-05-01107161662024-04-30107161662023-05-012024-04-30107161662022-05-01107161662023-04-30107161662022-05-012023-04-3010716166bus:SmallEntities2023-05-012024-04-3010716166bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3010716166bus:FullAccounts2023-05-012024-04-3010716166bus:PrivateLimitedCompanyLtd2023-05-012024-04-3010716166core:WithinOneYear2024-04-3010716166core:AfterOneYear2024-04-3010716166core:WithinOneYear2023-04-3010716166core:AfterOneYear2023-04-3010716166core:ShareCapital2024-04-3010716166core:SharePremium2024-04-3010716166core:RevaluationReserve2024-04-3010716166core:OtherReservesSubtotal2024-04-3010716166core:RetainedEarningsAccumulatedLosses2024-04-3010716166core:ShareCapital2023-04-3010716166core:SharePremium2023-04-3010716166core:RevaluationReserve2023-04-3010716166core:OtherReservesSubtotal2023-04-3010716166core:RetainedEarningsAccumulatedLosses2023-04-3010716166core:LandBuildings2024-04-3010716166core:PlantMachinery2024-04-3010716166core:Vehicles2024-04-3010716166core:FurnitureFittings2024-04-3010716166core:OfficeEquipment2024-04-3010716166core:NetGoodwill2024-04-3010716166core:IntangibleAssetsOtherThanGoodwill2024-04-3010716166core:ListedExchangeTraded2024-04-3010716166core:UnlistedNon-exchangeTraded2024-04-3010716166core:LandBuildings2023-04-3010716166core:PlantMachinery2023-04-3010716166core:Vehicles2023-04-3010716166core:FurnitureFittings2023-04-3010716166core:OfficeEquipment2023-04-3010716166core:NetGoodwill2023-04-3010716166core:IntangibleAssetsOtherThanGoodwill2023-04-3010716166core:ListedExchangeTraded2023-04-3010716166core:UnlistedNon-exchangeTraded2023-04-3010716166core:LandBuildings2023-05-012024-04-3010716166core:PlantMachinery2023-05-012024-04-3010716166core:Vehicles2023-05-012024-04-3010716166core:FurnitureFittings2023-05-012024-04-3010716166core:OfficeEquipment2023-05-012024-04-3010716166core:NetGoodwill2023-05-012024-04-3010716166core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010716166core:ListedExchangeTraded2023-05-012024-04-3010716166core:UnlistedNon-exchangeTraded2023-05-012024-04-3010716166core:MoreThanFiveYears2023-05-012024-04-3010716166core:Non-currentFinancialInstruments2024-04-3010716166core:Non-currentFinancialInstruments2023-04-3010716166dpl:CostSales2023-05-012024-04-3010716166dpl:DistributionCosts2023-05-012024-04-3010716166core:LandBuildings2023-05-012024-04-3010716166core:PlantMachinery2023-05-012024-04-3010716166core:Vehicles2023-05-012024-04-3010716166core:FurnitureFittings2023-05-012024-04-3010716166core:OfficeEquipment2023-05-012024-04-3010716166dpl:AdministrativeExpenses2023-05-012024-04-3010716166core:NetGoodwill2023-05-012024-04-3010716166core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010716166dpl:GroupUndertakings2023-05-012024-04-3010716166dpl:ParticipatingInterests2023-05-012024-04-3010716166dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3010716166core:ListedExchangeTraded2023-05-012024-04-3010716166dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3010716166core:UnlistedNon-exchangeTraded2023-05-012024-04-3010716166dpl:CostSales2022-05-012023-04-3010716166dpl:DistributionCosts2022-05-012023-04-3010716166core:LandBuildings2022-05-012023-04-3010716166core:PlantMachinery2022-05-012023-04-3010716166core:Vehicles2022-05-012023-04-3010716166core:FurnitureFittings2022-05-012023-04-3010716166core:OfficeEquipment2022-05-012023-04-3010716166dpl:AdministrativeExpenses2022-05-012023-04-3010716166core:NetGoodwill2022-05-012023-04-3010716166core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3010716166dpl:GroupUndertakings2022-05-012023-04-3010716166dpl:ParticipatingInterests2022-05-012023-04-3010716166dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3010716166core:ListedExchangeTraded2022-05-012023-04-3010716166dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3010716166core:UnlistedNon-exchangeTraded2022-05-012023-04-3010716166core:NetGoodwill2024-04-3010716166core:IntangibleAssetsOtherThanGoodwill2024-04-3010716166core:LandBuildings2024-04-3010716166core:PlantMachinery2024-04-3010716166core:Vehicles2024-04-3010716166core:FurnitureFittings2024-04-3010716166core:OfficeEquipment2024-04-3010716166core:AfterOneYear2024-04-3010716166core:WithinOneYear2024-04-3010716166core:ListedExchangeTraded2024-04-3010716166core:UnlistedNon-exchangeTraded2024-04-3010716166core:ShareCapital2024-04-3010716166core:SharePremium2024-04-3010716166core:RevaluationReserve2024-04-3010716166core:OtherReservesSubtotal2024-04-3010716166core:RetainedEarningsAccumulatedLosses2024-04-3010716166core:NetGoodwill2023-04-3010716166core:IntangibleAssetsOtherThanGoodwill2023-04-3010716166core:LandBuildings2023-04-3010716166core:PlantMachinery2023-04-3010716166core:Vehicles2023-04-3010716166core:FurnitureFittings2023-04-3010716166core:OfficeEquipment2023-04-3010716166core:AfterOneYear2023-04-3010716166core:WithinOneYear2023-04-3010716166core:ListedExchangeTraded2023-04-3010716166core:UnlistedNon-exchangeTraded2023-04-3010716166core:ShareCapital2023-04-3010716166core:SharePremium2023-04-3010716166core:RevaluationReserve2023-04-3010716166core:OtherReservesSubtotal2023-04-3010716166core:RetainedEarningsAccumulatedLosses2023-04-3010716166core:NetGoodwill2022-05-0110716166core:IntangibleAssetsOtherThanGoodwill2022-05-0110716166core:LandBuildings2022-05-0110716166core:PlantMachinery2022-05-0110716166core:Vehicles2022-05-0110716166core:FurnitureFittings2022-05-0110716166core:OfficeEquipment2022-05-0110716166core:AfterOneYear2022-05-0110716166core:WithinOneYear2022-05-0110716166core:ListedExchangeTraded2022-05-0110716166core:UnlistedNon-exchangeTraded2022-05-0110716166core:ShareCapital2022-05-0110716166core:SharePremium2022-05-0110716166core:RevaluationReserve2022-05-0110716166core:OtherReservesSubtotal2022-05-0110716166core:RetainedEarningsAccumulatedLosses2022-05-0110716166core:AfterOneYear2023-05-012024-04-3010716166core:WithinOneYear2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:CostValuation2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3010716166core:Non-currentFinancialInstrumentscore:CostValuation2024-04-3010716166core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-3010716166core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3010716166core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3010716166core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3010716166bus:Director12023-05-012024-04-30

LETSIMPLE LTD

Registered Number
10716166
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

LETSIMPLE LTD
Company Information
for the year from 1 May 2023 to 30 April 2024

Director

CHEN, Ying-Tzu

Registered Address

40 Henfield Road 40 Henfield Road
London
SW19 3HH

Registered Number

10716166 (England and Wales)
LETSIMPLE LTD
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3-1,700
Tangible assets410,75513,116
10,75514,816
Current assets
Debtors-4,041
Cash at bank and on hand60,70842,484
60,70846,525
Creditors amounts falling due within one year5(59,044)(55,424)
Net current assets (liabilities)1,664(8,899)
Total assets less current liabilities12,4195,917
Net assets12,4195,917
Capital and reserves
Called up share capital11
Profit and loss account12,4185,916
Shareholders' funds12,4195,917
The financial statements were approved and authorised for issue by the Director on 24 January 2025, and are signed on its behalf by:
CHEN, Ying-Tzu
Director
Registered Company No. 10716166
LETSIMPLE LTD
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Vehicles18
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 May 238,5008,500
At 30 April 248,5008,500
Amortisation and impairment
At 01 May 236,8006,800
Charge for year1,7001,700
At 30 April 248,5008,500
Net book value
At 30 April 24--
At 30 April 231,7001,700
4.Tangible fixed assets

Vehicles

Total

££
Cost or valuation
At 01 May 2315,99515,995
At 30 April 2415,99515,995
Depreciation and impairment
At 01 May 232,8792,879
Charge for year2,3612,361
At 30 April 245,2405,240
Net book value
At 30 April 2410,75510,755
At 30 April 2313,11613,116
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables42,79235,692
Taxation and social security1,448-
Other creditors13,78418,772
Accrued liabilities and deferred income1,020960
Total59,04455,424
Other creditor is made of Director's loan.
6.Share capital
1 Ordinary shares of £1 each.