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Registered number: 07046241

Simply Ethical Financial Services Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Simply Ethical Financial Services Ltd

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
F A G Karbani
W A Khan
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07046241
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Simply Ethical Financial Services Ltd

ACCOUNTS
FOR THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Simply Ethical Financial Services Ltd

BALANCE SHEET AT 31 March 2025
20252024
Notes££
CURRENT ASSETS
Debtors239,81035,001
Cash at bank and in hand50,65451,039
90,46486,040
CREDITORS: Amounts falling due within one year324,73026,336
NET CURRENT ASSETS65,73459,704
TOTAL ASSETS LESS CURRENT LIABILITIES65,73459,704
CREDITORS: Amounts falling due after more than one year410,00010,000
NET ASSETS55,73449,704
CAPITAL AND RESERVES
Called up share capital655,00050,000
Profit and loss account734(296)
SHAREHOLDERS' FUNDS55,73449,704
For the year ending 31 March 2025 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25 July 2025 and signed on their behalf by
.............................
F A G Karbani
Director

Simply Ethical Financial Services Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Turnover
Turnover represents the value of services supplied by the company, net of value added tax and trade discounts and is recognised when services are rendered.
1e. Statutory Information
Simply Ethical Financial Services Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 07046241 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, United Kingdom, TW7 4PU.
1f. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
2. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors31,38326,198
Other debtors200200
Prepayments5,2663,678
Accrued income2,7502,494
Directors current account2112,431
39,81035,001

Simply Ethical Financial Services Ltd

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Taxation and social security12,76619,342
Salaries and wages10,4595,534
Pension schemes665620
Accruals840840
24,73026,336
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Other creditors > 1yr10,00010,000
10,00010,000
Other creditors includes subordinated loans owed to a director of £10,000, (2024: £10,000).
5. EMPLOYEES
20252024
No.No.
Average number of employees44
6. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
55,000 Ordinary shares of £1.00 each55,00050,000
55,00050,000
New shares issued during period:
5,000 Ordinary shares of £1.00 each5,0005,000
5,0005,000
7. RELATED PARTY TRANSACTIONS
At the balance sheet date, a director of the company, had advances of loans of £211, (Last Year : £2,431). The maximum amount advanced in the year was £2,431. This loan was interest free.