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Company Registration No. 10004310 (England and Wales)
SIM BUILDING SERVICES LTD Unaudited accounts for the year ended 28 February 2025
SIM BUILDING SERVICES LTD Unaudited accounts Contents
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SIM BUILDING SERVICES LTD Company Information for the year ended 28 February 2025
Directors
Dritan Murati Ardit Gjana
Company Number
10004310 (England and Wales)
Registered Office
57 Queenswood Avenue Thornton Heath CR7 7HZ
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SIM BUILDING SERVICES LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
408,530 
199,855 
Current assets
Inventories
35,050 
27,250 
Debtors
417,053 
579,609 
Cash at bank and in hand
129,962 
13,908 
582,065 
620,767 
Creditors: amounts falling due within one year
(451,016)
(400,759)
Net current assets
131,049 
220,008 
Total assets less current liabilities
539,579 
419,863 
Creditors: amounts falling due after more than one year
(16,334)
(4,475)
Net assets
523,245 
415,388 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
523,145 
415,288 
Shareholders' funds
523,245 
415,388 
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by
Ardit Gjana Director Company Registration No. 10004310
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SIM BUILDING SERVICES LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
SIM BUILDING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10004310. The registered office is 57 Queenswood Avenue, Thornton Heath, CR7 7HZ.
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:
Plant & machinery
Reducing basis @ 20%
Motor vehicles
Reducing basis @ 20%
Fixtures & fittings
Reducing basis @ 20%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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SIM BUILDING SERVICES LTD Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2024
232,194 
Additions
225,548 
At 28 February 2025
457,742 
Depreciation
At 1 March 2024
32,339 
Charge for the year
16,873 
At 28 February 2025
49,212 
Net book value
At 28 February 2025
408,530 
At 29 February 2024
199,855 
5
Average number of employees
During the year the average number of employees was 7 (2024: 6).
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