REGISTERED NUMBER: 09662470 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Simon Cooper Solutions Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

Mr S Cooper

SECRETARY:

REGISTERED OFFICE:

333 Hagley Road

Pedmore

Stourbridge

West Midlands

DY9 0RF

REGISTERED NUMBER:

09662470 (England and Wales)

ACCOUNTANTS:

Norman C Sands Limited

Chartered Accountants

333 Hagley Road

Pedmore

Stourbridge

West Midlands

DY9 0RF

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Simon Cooper Solutions Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Simon Cooper Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Simon Cooper Solutions Limited and state those matters that we have agreed to state to the director of Simon Cooper Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Simon Cooper Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Simon Cooper Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Simon Cooper Solutions Limited. You consider that Simon Cooper Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Simon Cooper Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Norman C Sands Limited

Chartered Accountants

333 Hagley Road

Pedmore

Stourbridge

West Midlands

DY9 0RF

27 July 2025

FIXED ASSETS

Property, plant and equipment

4

19,475

23,026

CURRENT ASSETS

Inventories

7,125

8,350

Debtors

5

23,287

32,384

Cash at bank and in hand

3,526

247

33,938

40,981

CREDITORS

Amounts falling due within one year

6

42,624

43,198

NET CURRENT LIABILITIES

(8,686

)

(2,217

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,789

20,809

CREDITORS

Amounts falling due after more than one year

7

(7,680

)

(16,340

)

PROVISIONS FOR LIABILITIES

(3,700

)

(4,375

)

NET (LIABILITIES)/ASSETS

(591

)

94

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(691

)

(6

)

SHAREHOLDERS' FUNDS

(591

)

94

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 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 27 July 2025 and were signed by:

Mr S Cooper - Director

1.	STATUTORY INFORMATION

Simon Cooper Solutions 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

36,990

Additions

1,166

At 31 December 2024

38,156

DEPRECIATION

At 1 January 2024

13,964

Charge for year

4,717

At 31 December 2024

18,681

NET BOOK VALUE

At 31 December 2024

19,475

At 31 December 2023

23,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

120

20,680

Other debtors

23,167

11,704

23,287

32,384

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

5,200

10,957

Hire purchase contracts

3,462

3,462

Taxation and social security

33,929

28,779

Other creditors

33

-

42,624

43,198

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 8)

2,199

7,397

Hire purchase contracts

5,481

8,943

7,680

16,340

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

5,887

BBL

5,200

5,070

5,200

10,957

Amounts falling due between one and two years:

BBL

2,199

5,200

Amounts falling due between two and five years:

BBL

-

2,197

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

8,943

12,405

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

£

Mr S Cooper

Balance outstanding at start of year

11,404

8,177

Amounts advanced

48,463

13,727

Amounts repaid

(37,000

)

(10,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,867

11,404

Interest at 2.25 % has been charged on the directors overdrawn loan balance.