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Company Registration No. 12724226 (England and Wales)
SIMURGH ART & TRADE LTD Unaudited accounts for the year ended 31 July 2024
SIMURGH ART & TRADE LTD Unaudited accounts Contents
Page
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SIMURGH ART & TRADE LTD Company Information for the year ended 31 July 2024
Director
Amir Arsalan Atighi Moghaddam
Company Number
12724226 (England and Wales)
Registered Office
164 WEST HENDON BROADWAY LONDON NW9 7AA ENGLAND
Accountants
Yahya & Co Accountants Ltd T/A Yahya Accountancy 164 West Hendon Broadway London NW9 7AA
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SIMURGH ART & TRADE LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,758 
1,912 
Current assets
Inventories
423,206 
170,081 
Cash at bank and in hand
963,448 
355 
1,386,654 
170,436 
Creditors: amounts falling due within one year
(646,616)
(119,444)
Net current assets
740,038 
50,992 
Net assets
746,796 
52,904 
Capital and reserves
Profit and loss account
746,796 
52,904 
Shareholders' funds
746,796 
52,904 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 17 April 2025 and were signed on its behalf by
Amir Arsalan Atighi Moghaddam Director Company Registration No. 12724226
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SIMURGH ART & TRADE LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
SIMURGH ART & TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 12724226. The registered office is 164 WEST HENDON BROADWAY, LONDON, NW9 7AA, ENGLAND.
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:
Computer equipment
18% Reducing Balance Method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
2,509 
Additions
6,329 
At 31 July 2024
8,838 
Depreciation
At 1 August 2023
597 
Charge for the year
1,483 
At 31 July 2024
2,080 
Net book value
At 31 July 2024
6,758 
At 31 July 2023
1,912 
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SIMURGH ART & TRADE LTD Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
1,367 
VAT
200,863 
13,674 
Trade creditors
(913)
20,665 
Taxes and social security
256,677 
21,402 
Other creditors
8,580 
32,998 
Loans from directors
181,409 
29,338 
646,616 
119,444 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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