IRIS Accounts Production v25.3.0.601 03995383 director 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03995383 2024-01-31 03995383 2025-01-31 03995383 2024-02-01 2025-01-31 03995383 2023-01-31 03995383 2023-02-01 2024-01-31 03995383 2024-01-31 03995383 ns15:EnglandWales 2024-02-01 2025-01-31 03995383 ns14:PoundSterling 2024-02-01 2025-01-31 03995383 ns10:Director1 2024-02-01 2025-01-31 03995383 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 03995383 ns10:SmallEntities 2024-02-01 2025-01-31 03995383 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 03995383 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 03995383 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 03995383 ns10:FullAccounts 2024-02-01 2025-01-31 03995383 ns10:RegisteredOffice 2024-02-01 2025-01-31 03995383 ns5:CurrentFinancialInstruments 2025-01-31 03995383 ns5:CurrentFinancialInstruments 2024-01-31 03995383 ns5:Non-currentFinancialInstruments 2025-01-31 03995383 ns5:Non-currentFinancialInstruments 2024-01-31 03995383 ns5:ShareCapital 2025-01-31 03995383 ns5:ShareCapital 2024-01-31 03995383 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 03995383 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 03995383 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-02-01 2025-01-31 03995383 ns5:FurnitureFittings 2024-02-01 2025-01-31 03995383 ns5:MotorVehicles 2024-02-01 2025-01-31 03995383 ns5:ComputerEquipment 2024-02-01 2025-01-31 03995383 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-31 03995383 ns5:FurnitureFittings 2024-01-31 03995383 ns5:MotorVehicles 2024-01-31 03995383 ns5:ComputerEquipment 2024-01-31 03995383 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-01-31 03995383 ns5:FurnitureFittings 2025-01-31 03995383 ns5:MotorVehicles 2025-01-31 03995383 ns5:ComputerEquipment 2025-01-31 03995383 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-31 03995383 ns5:FurnitureFittings 2024-01-31 03995383 ns5:MotorVehicles 2024-01-31 03995383 ns5:ComputerEquipment 2024-01-31 03995383 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 03995383 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 03995383 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2025-01-31 03995383 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-01-31 03995383 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-01-31 03995383 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-01-31 03995383 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-01-31 03995383 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-01-31 03995383 ns5:Secured 2025-01-31 03995383 ns5:Secured 2024-01-31 03995383 1 ns10:Director1 2024-01-31 03995383 1 ns10:Director1 2023-01-31 03995383 1 ns10:Director1 2024-02-01 2025-01-31 03995383 1 ns10:Director1 2023-02-01 2024-01-31 03995383 1 ns10:Director1 2025-01-31 03995383 1 ns10:Director1 2024-01-31

REGISTERED NUMBER: 03995383 (England and Wales)

Simpkin Limited

Sunflower Childrens Centre

Unaudited Financial Statements For The Year Ended 31 January 2025

| Simpkin Limited (Registered number: 03995383) |

| Sunflower Childrens Centre |

Contents of the Financial Statements

For The Year Ended 31 January 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Simpkin Limited |

| Sunflower Childrens Centre |

Company Information

For The Year Ended 31 January 2025

| DIRECTOR: | K M Simpkin

| REGISTERED OFFICE: | 21 Carter Hall Road

| Sheffield

| South Yorkshire

| S12 3HS

| REGISTERED NUMBER: | 03995383 (England and Wales)

| ACCOUNTANTS: | Kingswood Allotts Limited

| Chartered Accountants

| Sidings Court

| Lakeside

| Doncaster

| South Yorkshire

| DN4 5NU

| Simpkin Limited (Registered number: 03995383) |

| Sunflower Childrens Centre |

Balance Sheet

31 January 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 285,146 |  | 310,088 |  |

CURRENT ASSETS

Debtors | 5 | 323,398 |  | 253,522 |  |

Cash at bank | 144,320 |  | 29,922 |  |

467,718 |  | 283,444 |  |

CREDITORS

Amounts falling due within one year | 6 | 318,584 |  | 162,884 |  |

NET CURRENT ASSETS | 149,134 |  | 120,560 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 434,280 |  | 430,648 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (77,477 | ) | (139,235 | ) |

PROVISIONS FOR LIABILITIES | (20,488 | ) | (26,759 | ) |

NET ASSETS | 336,315 |  | 264,654 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 336,215 |  | 264,554 |  |

SHAREHOLDERS' FUNDS | 336,315 |  | 264,654 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 13 August 2025 and were signed by:

K M Simpkin - Director

| Simpkin Limited (Registered number: 03995383) |

| Sunflower Childrens Centre |

Notes to the Financial Statements

For The Year Ended 31 January 2025

1. | STATUTORY INFORMATION

| Simpkin 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 represents amounts receivable for services provided.

| Tangible fixed assets

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

| Long leasehold | - | 3% on cost

| Fixtures and fittings | - | 10% on cost

| Motor vehicles | - | 25% on cost

| Office equipment | - | 33% on cost

| Government grants

| Government grants are recognised under the accrual model. Grants relating to capital assets are recognised in profit and loss over the useful life of the related asset, matching the depreciation charge. Grants relating to revenue are recognised in profit and loss on a systematic basis over the periods in which the related costs are incurred.

| 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 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.

| 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 38 (2024 - 31 ) .

| Simpkin Limited (Registered number: 03995383) |

| Sunflower Childrens Centre |

Notes to the Financial Statements - continued

For The Year Ended 31 January 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | and |  | Motor |  | Office |

| leasehold |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 February 2024 |

| and 31 January 2025 | 533,748 |  | 76,873 |  | 27,785 |  | 10,489 |  | 648,895 |  |

| DEPRECIATION

| At 1 February 2024 | 246,302 |  | 68,468 |  | 13,892 |  | 10,145 |  | 338,807 |  |

| Charge for year | 16,012 |  | 1,646 |  | 6,946 |  | 338 |  | 24,942 |  |

| At 31 January 2025 | 262,314 |  | 70,114 |  | 20,838 |  | 10,483 |  | 363,749 |  |

| NET BOOK VALUE

| At 31 January 2025 | 271,434 |  | 6,759 |  | 6,947 |  | 6 |  | 285,146 |  |

| At 31 January 2024 | 287,446 |  | 8,405 |  | 13,893 |  | 344 |  | 310,088 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 18,581 |  | 28,996 |  |

| Other debtors | 47,525 |  | 47,525 |  |

| Director's current account | 250,892 |  | 170,095 |  |

| Prepayments and accrued income | 6,400 |  | 6,906 |  |

323,398 |  | 253,522 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 51,641 |  | 40,371 |  |

| Other loans | - |  | 10,011 |  |

| Trade creditors | 2,018 |  | - |  |

| Taxation | 82,757 |  | 66,404 |  |

| Social security and other taxes | 8,666 |  | 2,271 |  |

| Other creditors | 4,539 |  | 4,557 |  |

| Accrued expenses | 7,049 |  | 6,331 |  |

| Deferred government grants | 161,914 |  | 32,939 |  |

318,584 |  | 162,884 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 37,277 |  | 42,418 |  |

| Bank loans - 2-5 years | - |  | 41,495 |  |

| Other loans - 1-2 years | - |  | 13,322 |  |

| Deferred government grants | 40,200 |  | 42,000 |  |

77,477 |  | 139,235 |  |

| Simpkin Limited (Registered number: 03995383) |

| Sunflower Childrens Centre |

Notes to the Financial Statements - continued

For The Year Ended 31 January 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 88,918 |  | 124,284 |  |

| The bank overdraft and a bank loan are secured by a legal charge over land at Charnock Hall Primary School, Carter Hall Road, Sheffield, a debenture, a charge over all monies due or to become due to the company, and fixed and floating charges over the company and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures and fixed plant and machinery.

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 | 2024 |

£ | £ |

| K M Simpkin

| Balance outstanding at start of year | 170,095 |  | 179,036 |  |

| Amounts advanced | 240,796 |  | 151,059 |  |

| Amounts repaid | (160,000 | ) | (160,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 250,891 |  | 170,095 |  |

| No interest is payable on the loan.