Simmons Investments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04552853

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		403		538
Investment Properties	5		2,623,027		2,619,227
Investments	6		1		1

			2,623,431		2,619,766
CURRENT ASSETS
Debtors	7	2,020,251		1,783,129
Cash at bank and in hand		1,805,400		2,012,630

		3,825,651		3,795,759
Creditors: Amounts Falling Due Within One Year	8	(6,072,936 )		(6,128,546 )

NET CURRENT ASSETS (LIABILITIES)			(2,247,285 )		(2,332,787 )

TOTAL ASSETS LESS CURRENT LIABILITIES			376,146		286,979

NET ASSETS			376,146		286,979

CAPITAL AND RESERVES
Called up share capital	9		3		3
Share premium account			32,598		32,598
Profit and Loss Account			343,545		254,378

SHAREHOLDERS' FUNDS			376,146		286,979

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Simmons Investments Limited

Balance Sheet (continued)

As At 31 December 2024

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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C S Simmons

Director

25 August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Simmons Investments Limited is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rental income

Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line basis over the lease term.

Interest receivable

Interest income is recognised using the effective interest method.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings

25% on reducing balance

2.4. Investment Properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

In the opinion of the director, the investment property is included at an amount that accords to its fair value at the balance sheet date.

2.5. Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

2.6. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

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Simmons Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 January 2024	1,700

As at 31 December 2024	1,700

Depreciation
As at 1 January 2024	1,162
Provided during the period	135

As at 31 December 2024	1,297

Net Book Value
As at 31 December 2024	403

As at 1 January 2024	538

5. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	2,619,227
Additions	3,800

As at 31 December 2024	2,623,027

6. Investments

	Associates
	£
Cost
As at 1 January 2024	1

As at 31 December 2024	1

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	1

As at 1 January 2024	1

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Simmons Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	34,240	11,189
Prepayments and accrued income	43,179	38,055
Other debtors	604	604
Other taxes and social security	8,947	-
Amounts owed by other participating interests	1,933,281	1,733,281

	2,020,251	1,783,129

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	34	130
Corporation tax	40,918	31,728
Other taxes and social security	-	181
VAT	1,498	1,718
Other creditors	2,575,621	2,610,868
Accruals and deferred income	38,386	32,442
Directors' loan accounts	3,416,479	3,451,479

	6,072,936	6,128,546

9. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
320 Ordinary Shares of £ 0.01 each	3	3

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