Company Registration No. SC707737 (Scotland)
SIMARJIT LTD
Unaudited accounts
for the year ended 31 August 2024
SIMARJIT LTD
Unaudited accounts
Contents
SIMARJIT LTD
Company Information
for the year ended 31 August 2024
Company Number
SC707737 (Scotland)
Registered Office
8 ASPEN ROAD
EDINBURGH
EH16 4WQ
SCOTLAND
SIMARJIT LTD
Statement of financial position
as at 31 August 2024
Tangible assets
92,189
28,841
Cash at bank and in hand
13,760
50,589
Creditors: amounts falling due within one year
(154,167)
(53,032)
Net current (liabilities)/assets
(80,007)
19,557
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
SIMARJIT LTD
Notes to the Accounts
for the year ended 31 August 2024
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.
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:
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
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
At 31 August 2024
76,189
16,000
92,189
At 31 August 2023
28,841
-
28,841
SIMARJIT LTD
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
75,708
9,997
Taxes and social security
9,672
3,763
Loans from directors
28,950
14,949
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Average number of employees
During the year the average number of employees was 6 (2023: 6).