REGISTERED NUMBER: 04332743 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Simply Marcomms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K J Colledge

N S Frost

REGISTERED OFFICE:

Leigh, Christou Ltd

Leofric House

Binley Road

Coventry

West Midlands

CV3 1JN

REGISTERED NUMBER:

04332743 (England and Wales)

ACCOUNTANTS:

Leigh Christou Ltd

Chartered Certified Accountants

Leofric House

Binley Road

Coventry

CV3 1JN

FIXED ASSETS

Tangible assets

4

2,795

1,905

CURRENT ASSETS

Debtors

5

143,259

110,762

Cash at bank and in hand

20,292

22,812

163,551

133,574

CREDITORS

Amounts falling due within one year

6

91,353

71,172

NET CURRENT ASSETS

72,198

62,402

TOTAL ASSETS LESS CURRENT LIABILITIES

74,993

64,307

CREDITORS

Amounts falling due after more than one year

7

(31,777

)

(43,759

)

PROVISIONS FOR LIABILITIES

(699

)

(476

)

NET ASSETS

42,517

20,072

CAPITAL AND RESERVES

Called up share capital

950

950

Retained earnings

41,567

19,122

SHAREHOLDERS' FUNDS

42,517

20,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 17 September 2025 and were signed on its behalf by:

K J Colledge - Director

1.	STATUTORY INFORMATION

Simply Marcomms 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.	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 represents net invoiced sales of services, excluding value added tax, except in respect of services contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment and website

-

Straight line over 3 years

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

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

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Fixtures

equipment

and

and

fittings

website

Totals

£

£

£

COST

At 1 January 2024

13,391

49,319

62,710

Additions

133

1,753

1,886

At 31 December 2024

13,524

51,072

64,596

DEPRECIATION

At 1 January 2024

11,944

48,861

60,805

Charge for year

377

619

996

At 31 December 2024

12,321

49,480

61,801

NET BOOK VALUE

At 31 December 2024

1,203

1,592

2,795

At 31 December 2023

1,447

458

1,905

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

40,074

29,152

Other debtors

103,185

81,610

143,259

110,762

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,772

5,395

Trade creditors

5,554

2,582

Taxation and social security

56,631

47,709

Other creditors

18,396

15,486

91,353

71,172

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

23,177

28,442

Other creditors

8,600

15,317

31,777

43,759

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

28,631

33,837

Other loans

15,317

21,482

43,948

55,319

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

K J Colledge

Balance outstanding at start of year

34,248

39,340

Amounts advanced

36,629

19,908

Amounts repaid

(25,000

)

(25,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

45,877

34,248

N S Frost

Balance outstanding at start of year

33,422

39,448

Amounts advanced

34,371

18,974

Amounts repaid

(25,000

)

(25,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

42,793

33,422

The above loans are owed to the company by the Directors and are charged at HMRC's official rate of interest.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Mrs K Colledge by virtue of her majority shareholding.