Company Registration No. 14799928 (England and Wales)
Sim Health Limited
Unaudited accounts
for the period from 13 April 2023 to 30 September 2024
Sim Health Limited
Unaudited accounts
Contents
Sim Health Limited
Company Information
for the period from 13 April 2023 to 30 September 2024
Director
Shaun Vincent Gallacher
Company Number
14799928 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
United Kingdom
Accountants
LCM Accountancy
Office 2/3, 2nd Floor
48 West George Street
Glasgow
G2 1BP
Sim Health Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
30
Creditors: amounts falling due within one year
(1,864)
Net current liabilities
(1,834)
Total assets less current liabilities
9,921
Creditors: amounts falling due after more than one year
(9,025)
Called up share capital
100
Profit and loss account
796
For the period ending 30 September 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 23 July 2025 and were signed on its behalf by
Shaun Vincent Gallacher
Director
Company Registration No. 14799928
Sim Health Limited
Notes to the Accounts
for the period from 13 April 2023 to 30 September 2024
Sim Health Limited is a private company, limited by shares, registered in England and Wales, registration number 14799928. The registered office is 128 City Road, London, EC1V 2NX, United Kingdom.
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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 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 and the figures have been rounded to the nearest £.
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% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
14,600
400
15,000
At 30 September 2024
14,360
400
14,760
Charge for the period
2,872
133
3,005
At 30 September 2024
2,872
133
3,005
At 30 September 2024
11,488
267
11,755
5
Creditors: amounts falling due within one year
2024
Taxes and social security
3,549
Loans from directors
(2,885)
Sim Health Limited
Notes to the Accounts
for the period from 13 April 2023 to 30 September 2024
6
Creditors: amounts falling due after more than one year
2024
Deferred income represents lifetime membership fees received by the company. It is estimated that the service will be fulfilled over the next 20 years and the income will therefore be released over that period.
7
Average number of employees
During the period the average number of employees was 0.