REGISTERED NUMBER: 07374344 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIMPLY RISK CONTROL LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr O M L Taylor

REGISTERED OFFICE:

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

REGISTERED NUMBER:

07374344 (England and Wales)

ACCOUNTANTS:

Brayshaw Morey

Certified Public Accountants

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

FIXED ASSETS

Tangible assets

5

874

1,164

CURRENT ASSETS

Debtors

6

147,394

147,779

Cash at bank

2

2

147,396

147,781

CREDITORS

Amounts falling due within one year

7

160,836

149,438

NET CURRENT LIABILITIES

(13,440

)

(1,657

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,566

)

(493

)

CREDITORS

Amounts falling due after more than one year

8

(2,554

)

(6,383

)

PROVISIONS FOR LIABILITIES

-

(178

)

NET LIABILITIES

(15,120

)

(7,054

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

(15,122

)

(7,056

)

SHAREHOLDERS' FUNDS

(15,120

)

(7,054

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 25 September 2025 and were signed by:

Mr O M L Taylor - Director

1.	STATUTORY INFORMATION

Simply Risk Control Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 etc

-

25% on reducing balance

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

31,779

DEPRECIATION

At 1 April 2024

30,615

Charge for year

290

At 31 March 2025

30,905

NET BOOK VALUE

At 31 March 2025

874

At 31 March 2024

1,164

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

18,737

12,418

Other debtors

101,854

109,108

120,591

121,526

Amounts falling due after more than one year:

Other debtors

26,803

26,253

Aggregate amounts

147,394

147,779

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

13,827

15,182

Trade creditors

15,157

16,583

Taxation and social security

125,940

113,627

Other creditors

5,912

4,046

160,836

149,438

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

2,554

6,383

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1.00

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

(7,056

)

Deficit for the year

(8,066

)

At 31 March 2025

(15,122

)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mr O M L Taylor

Balance outstanding at start of year

82,445

78,944

Amounts advanced

-

3,501

Amounts repaid

(1,731

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

80,714

82,445

During the year the director, O Taylor, had an overdrawn director's loan account of £80,714 (2024 - £82,445) included within other debtors.

12.	RELATED PARTY DISCLOSURES

During the year, quality control services totalling £5,382 (2024 - £35,331), were provided and charged at an arm's length price by the director's Australian company Simply Risk Control Pty Ltd Australia. There were no outstanding balances as at 31 March 2025 (2024 - NIL)