Company Registration No. 13860750 (England and Wales)
SIMPLE-LAND LTD
Unaudited accounts
for the year ended 31 January 2025
SIMPLE-LAND LTD
Unaudited accounts
Contents
SIMPLE-LAND LTD
Company Information
for the year ended 31 January 2025
Director
Mr Mohammed Younus Ali
Company Number
13860750 (England and Wales)
Registered Office
157 Stewart Road
London
E15 2BD
England
SIMPLE-LAND LTD
Statement of financial position
as at 31 January 2025
Tangible assets
316,705
316,705
Cash at bank and in hand
134
172
Creditors: amounts falling due within one year
(117,802)
(107,179)
Net current liabilities
(117,668)
(107,007)
Total assets less current liabilities
199,037
209,698
Creditors: amounts falling due after more than one year
(198,799)
(206,488)
Called up share capital
100
100
Profit and loss account
138
3,110
Shareholders' funds
238
3,210
For the year ending 31 January 2025 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 February 2025 and were signed on its behalf by
Mr Mohammed Younus Ali
Director
Company Registration No. 13860750
SIMPLE-LAND LTD
Notes to the Accounts
for the year ended 31 January 2025
SIMPLE-LAND LTD is a private company, limited by shares, registered in England and Wales, registration number 13860750. The registered office is 157 Stewart Road, London, E15 2BD, England.
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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:
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Tangible fixed assets
Total
At 1 February 2024
316,705
At 31 January 2025
316,705
At 31 January 2025
316,705
At 31 January 2024
316,705
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Transactions with related parties
1. Other Creditors includes
Simple-Build Ltd £91,518 (2024 - £90,198)
Mr Mohammed Younus Ali is the common director in both the companies.
2. The company has let a property to its associated company, Simple-Build Ltd, which is considered a related party due to common ownership/control. The transactions were conducted on an arm’s length basis and are summarized as follows:
Total value of rent charged during the year: £26,400 (2024: £26,400)
All transactions were carried out in the normal course of business on commercial terms and conditions.
3. Amounts owed to group undertakings includes £8,000 owed to Simple-Build Group Ltd, the holding company
SIMPLE-LAND LTD
Notes to the Accounts
for the year ended 31 January 2025
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Average number of employees
During the year the average number of employees was 0 (2024: 0).