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REGISTERED NUMBER: 13189905 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIMPLY GREEN ESTATE AGENTS LTD

SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SIMPLY GREEN ESTATE AGENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr S Green
Mr P J Kelly



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 13189905 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: Starling Bank
3rd Floor
2 Finsbury Avenue
London
EC2M 2PP

SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 88,812 76,590

CURRENT ASSETS
Debtors 5 81,924 2,035
Cash at bank 311,212 138,059
393,136 140,094
CREDITORS
Amounts falling due within one year 6 199,284 65,924
NET CURRENT ASSETS 193,852 74,170
TOTAL ASSETS LESS CURRENT LIABILITIES 282,664 150,760

CREDITORS
Amounts falling due after more than one
year

7

(55,885

)

(67,739

)

PROVISIONS FOR LIABILITIES (22,203 ) (14,552 )
NET ASSETS 204,576 68,469

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 204,476 68,369
SHAREHOLDERS' FUNDS 204,576 68,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:




Mr S Green - Director



Mr P J Kelly - Director


SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Simply Green Estate Agents Ltd 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 1,313 13,265 95,137 9,596 119,311
Additions - - 32,791 9,017 41,808
At 31 March 2025 1,313 13,265 127,928 18,613 161,119
DEPRECIATION
At 1 April 2024 - 4,663 33,356 4,702 42,721
Charge for year - 1,290 23,643 4,653 29,586
At 31 March 2025 - 5,953 56,999 9,355 72,307
NET BOOK VALUE
At 31 March 2025 1,313 7,312 70,929 9,258 88,812
At 31 March 2024 1,313 8,602 61,781 4,894 76,590

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 95,137
DEPRECIATION
At 1 April 2024 33,356
Charge for year 15,445
At 31 March 2025 48,801
NET BOOK VALUE
At 31 March 2025 46,336
At 31 March 2024 61,781

SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by participating interests 80,000 -
Other debtors 1,100 1,100
Prepayments 824 935
81,924 2,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 14,884 16,343
Tax 70,151 8,887
Social security and other taxes 4,246 2,366
VAT 25,187 12,179
Other creditors 818 491
Directors' current accounts 81,051 23,631
Accrued expenses 2,947 2,027
199,284 65,924

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 55,885 67,739

8. OTHER FINANCIAL COMMITMENTS

At 31 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of the those leases of £37,950 (2024 £51,150).

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr S Green
Balance outstanding at start of year (9,065 ) (32,152 )
Amounts advanced 37,604 63,182
Amounts repaid (78,216 ) (40,095 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (49,677 ) (9,065 )

Mr P J Kelly
Balance outstanding at start of year (14,566 ) (32,950 )
Amounts advanced 26,703 32,950
Amounts repaid (43,511 ) (14,566 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (31,374 ) (14,566 )

SIMPLY GREEN ESTATE AGENTS LTD (REGISTERED NUMBER: 13189905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


10. RELATED PARTY DISCLOSURES

During the year, total dividends of £40,490 were paid to the directors .

During the year the company loaned to Platinum Properties SW Ltd , a company Mr S Green and Mr P Kelly are also Directors of, an amount of £80,000. The loan is unsecured, interest free and repayable on demand.