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REGISTERED NUMBER: 04744036 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 APRIL 2024

FOR

H G SIMPSON LIMITED

H G SIMPSON LIMITED (REGISTERED NUMBER: 04744036)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


H G SIMPSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 25 APRIL 2024







DIRECTOR: H Simpson





SECRETARY: Mrs P M Simpson





REGISTERED OFFICE: 168c Thornham Drive
Bolton
Lancashire
BL1 7RH





REGISTERED NUMBER: 04744036 (England and Wales)





ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ

H G SIMPSON LIMITED (REGISTERED NUMBER: 04744036)

BALANCE SHEET
25 APRIL 2024

25.4.24 25.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 3,002 1,644
3,002 1,644

CURRENT ASSETS
Debtors 7 368,283 383,713
Cash at bank 4,520 375
372,803 384,088
CREDITORS
Amounts falling due within one year 8 304,468 324,738
NET CURRENT ASSETS 68,335 59,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,337

60,994

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 71,237 60,894
SHAREHOLDERS' FUNDS 71,337 60,994

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2025 and were signed by:



H Simpson - Director


H G SIMPSON LIMITED (REGISTERED NUMBER: 04744036)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 APRIL 2024

1. STATUTORY INFORMATION

H G Simpson Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

H G SIMPSON LIMITED (REGISTERED NUMBER: 04744036)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 25 APRIL 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 26 April 2023
and 25 April 2024 30,000
AMORTISATION
At 26 April 2023
and 25 April 2024 30,000
NET BOOK VALUE
At 25 April 2024 -
At 25 April 2023 -

6. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 26 April 2023 8,961
Additions 2,108
At 25 April 2024 11,069
DEPRECIATION
At 26 April 2023 7,317
Charge for year 750
At 25 April 2024 8,067
NET BOOK VALUE
At 25 April 2024 3,002
At 25 April 2023 1,644

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.4.24 25.4.23
£    £   
Trade debtors 341,667 358,383
Other debtors 26,283 24,863
Prepayments 333 467
368,283 383,713

H G SIMPSON LIMITED (REGISTERED NUMBER: 04744036)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 25 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.4.24 25.4.23
£    £   
Tax 23,375 22,991
Social security and other taxes 4,976 10,441
VAT 65,527 78,061
Directors current account 210,335 213,009
Accrued expenses 255 236
304,468 324,738

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £35,000 (2023 - £45,000) were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is H Simpson.