Company Registration No. 11742440 (England and Wales)
SIMPLIFY PROPERTY LTD
Unaudited accounts
for the year ended 31 December 2024
SIMPLIFY PROPERTY LTD
Unaudited accounts
Contents
SIMPLIFY PROPERTY LTD
Company Information
for the year ended 31 December 2024
Director
James Patrick McCaffrey
Company Number
11742440 (England and Wales)
Registered Office
C/O QUANTUM UK BUSINESS SOLUTIONS LTD, B
REGUS, GROUND FLOOR, SUITE F,
BREAKSPEAR WAY, HEMEL HEMPSTEAD
HERTFORDSHIRE
HP2 4TZ
ENGLAND
Accountants
QUANTUM UK BUSINESS SOLUTIONS LIMITED
C/o Quantum Uk Business Solutions Ltd
The Imex Building
575-599 Maxted Road
Hemel Hempstead
Hertfordshire
HP2 7DX
SIMPLIFY PROPERTY LTD
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
1,650
3,494
Creditors: amounts falling due within one year
(50,472)
(51,859)
Net current liabilities
(16,836)
(16,379)
Net liabilities
(16,834)
(16,377)
Called up share capital
1
1
Profit and loss account
(16,835)
(16,378)
Shareholders' funds
(16,834)
(16,377)
For the year ending 31 December 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 1 September 2025 and were signed on its behalf by
James Patrick McCaffrey
Director
Company Registration No. 11742440
SIMPLIFY PROPERTY LTD
Notes to the Accounts
for the year ended 31 December 2024
SIMPLIFY PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 11742440. The registered office is C/O QUANTUM UK BUSINESS SOLUTIONS LTD, B, REGUS, GROUND FLOOR, SUITE F,, BREAKSPEAR WAY, HEMEL HEMPSTEAD, HERTFORDSHIRE, HP2 4TZ, ENGLAND.
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:
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Other debtors
31,986
31,986
SIMPLIFY PROPERTY LTD
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
48,792
50,479
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).