SIMPLYTRAK LIMITED

Company Registration Number:
05519483 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SIMPLYTRAK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SIMPLYTRAK LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 458,136 564,575
Tangible assets: 4 61,160 120,852
Total fixed assets: 519,296 685,427
Current assets
Stocks: 127,736 126,660
Debtors:   391,125 211,453
Cash at bank and in hand: 50,783 41,579
Total current assets: 569,644 379,692
Creditors: amounts falling due within one year:   (397,009) (333,117)
Net current assets (liabilities): 172,635 46,575
Total assets less current liabilities: 691,931 732,002
Creditors: amounts falling due after more than one year:   (3,921) (13,432)
Total net assets (liabilities): 688,010 718,570
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 687,910 718,470
Shareholders funds: 688,010 718,570

The notes form part of these financial statements

SIMPLYTRAK LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 September 2025
and signed on behalf of the board by:

Name: Andrew Johnson
Status: Director

The notes form part of these financial statements

SIMPLYTRAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SIMPLYTRAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 9 13

SIMPLYTRAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 1,064,391
At 31 December 2024 1,064,391
Amortisation
At 01 January 2024 499,816
Charge for year 106,439
At 31 December 2024 606,255
Net book value
At 31 December 2024 458,136
At 31 December 2023 564,575

SIMPLYTRAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 670,768
At 31 December 2024 670,768
Depreciation
At 01 January 2024 549,916
Charge for year 59,692
At 31 December 2024 609,608
Net book value
At 31 December 2024 61,160
At 31 December 2023 120,852