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Company Registration No. SC707737 (Scotland)
SIMARJIT LTD Unaudited accounts for the year ended 31 August 2024
SIMARJIT LTD Unaudited accounts Contents
Page
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SIMARJIT LTD Company Information for the year ended 31 August 2024
Director
Amarjit Singh
Company Number
SC707737 (Scotland)
Registered Office
8 ASPEN ROAD EDINBURGH EH16 4WQ SCOTLAND
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SIMARJIT LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
92,189 
28,841 
Current assets
Inventories
60,400 
22,000 
Cash at bank and in hand
13,760 
50,589 
74,160 
72,589 
Creditors: amounts falling due within one year
(154,167)
(53,032)
Net current (liabilities)/assets
(80,007)
19,557 
Net assets
12,182 
48,398 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,082 
48,298 
Shareholders' funds
12,182 
48,398 
For the year ending 31 August 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 20 May 2025 and were signed on its behalf by
Amarjit Singh Director Company Registration No. SC707737
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SIMARJIT LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
SIMARJIT LTD is a private company, limited by shares, registered in Scotland, registration number SC707737. The registered office is 8 ASPEN ROAD, EDINBURGH, EH16 4WQ, SCOTLAND.
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
20% Straight Line Method
Fixtures & fittings
20% Straight Line Method
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
36,050 
- 
36,050 
Additions
68,198 
20,000 
88,198 
At 31 August 2024
104,248 
20,000 
124,248 
Depreciation
At 1 September 2023
7,209 
- 
7,209 
Charge for the year
20,850 
4,000 
24,850 
At 31 August 2024
28,059 
4,000 
32,059 
Net book value
At 31 August 2024
76,189 
16,000 
92,189 
At 31 August 2023
28,841 
- 
28,841 
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SIMARJIT LTD Notes to the Accounts for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,837 
19,818 
Trade creditors
75,708 
9,997 
Taxes and social security
9,672 
3,763 
Other creditors
35,000 
- 
Loans from directors
28,950 
14,949 
Accruals
- 
4,505 
154,167 
53,032 
6
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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