IRIS Accounts Production v25.1.3.33 12324972 director 1.9.23 31.8.24 31.8.24 29.5.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123249722023-08-31123249722024-08-31123249722023-09-012024-08-31123249722022-08-31123249722022-09-012023-08-31123249722023-08-3112324972ns15:EnglandWales2023-09-012024-08-3112324972ns14:PoundSterling2023-09-012024-08-3112324972ns10:Director12023-09-012024-08-3112324972ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112324972ns10:SmallEntities2023-09-012024-08-3112324972ns10:Audited2023-09-012024-08-3112324972ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112324972ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112324972ns10:FullAccounts2023-09-012024-08-3112324972ns10:RegisteredOffice2023-09-012024-08-3112324972ns5:CurrentFinancialInstruments2024-08-3112324972ns5:CurrentFinancialInstruments2023-08-3112324972ns5:ShareCapital2024-08-3112324972ns5:ShareCapital2023-08-3112324972ns5:RetainedEarningsAccumulatedLosses2024-08-3112324972ns5:RetainedEarningsAccumulatedLosses2023-08-3112324972ns5:PlantMachinery2023-09-012024-08-3112324972ns5:PlantMachinery2023-08-3112324972ns5:PlantMachinery2024-08-3112324972ns5:PlantMachinery2023-08-3112324972ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3112324972ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 12324972 (England and Wales)














Financial Statements for the Year Ended 31 August 2024

for

Simons Design Limited

Simons Design Limited (Registered number: 12324972)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Simons Design Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: A J Beer





REGISTERED OFFICE: Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW





REGISTERED NUMBER: 12324972 (England and Wales)





AUDITORS: Douglas Fairless Partnership
Chartered Certified Accountants
and Statutory Auditors
Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW

Simons Design Limited (Registered number: 12324972)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,826 7,854

CURRENT ASSETS
Debtors 5 161,314 241,063
Cash at bank and in hand 2,385 1,888
163,699 242,951
CREDITORS
Amounts falling due within one year 6 170,095 112,593
NET CURRENT (LIABILITIES)/ASSETS (6,396 ) 130,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,430

138,212

PROVISIONS FOR LIABILITIES 2,207 1,963
NET ASSETS 223 136,249

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 222 136,248
SHAREHOLDERS' FUNDS 223 136,249

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 director and authorised for issue on 29 May 2025 and were signed by:





A J Beer - Director


Simons Design Limited (Registered number: 12324972)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Simons Design 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
The turnover in the profit & loss account represents revenue recognised on services fully delivered during the period exclusive of value added tax.

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 - 33% on cost and 15% on reducing balance

Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from third parties and loans to and from related parties.

Taxation
Taxation for the year 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 year 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.

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.

Going concern
Due to economic uncertainty there has been a downturn in revenue streams, the company is being financially supported by it's parent company until revenue streams improve. The parent company has continued to support the business since the year end and there are signs of the revenue streams improving. Therefore, the director's assessment is that the going concern basis of preparation remains appropriate.

Simons Design Limited (Registered number: 12324972)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 27,898
Additions 7,492
Disposals (6,609 )
At 31 August 2024 28,781
DEPRECIATION
At 1 September 2023 20,044
Charge for year 6,520
Eliminated on disposal (6,609 )
At 31 August 2024 19,955
NET BOOK VALUE
At 31 August 2024 8,826
At 31 August 2023 7,854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 127,903 210,876
Other debtors 33,411 30,187
161,314 241,063

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 39,537 63,091
Taxation and social security 30,424 44,050
Other creditors 100,134 5,452
170,095 112,593

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


We draw your attention to the accounting policy note on going concern, we can confirm that we have verified that revenue streams are now improving.

Mr Gregory Newton FCCA (Senior Statutory Auditor)
for and on behalf of Douglas Fairless Partnership

Simons Design Limited (Registered number: 12324972)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. ULTIMATE PARENT COMPANY

The ultimate parent company is Carpenter Investments Ltd

The registered office of the parent is as follows.

Seymour Chambers
92 London Road
Liverpool
L3 5NW