REGISTERED NUMBER: 06735633 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIMPLIX IT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Correia

Mrs M Correia

REGISTERED OFFICE:

140A Tachbrook Street

LONDON

SW1V 2NE

REGISTERED NUMBER:

06735633 (England and Wales)

ACCOUNTANTS:

Saunders Wood & Co.

Chartered Accountants

140A Tachbrook Street

London SW1V 2NE

FIXED ASSETS

Tangible assets

4

32,566

39,458

CURRENT ASSETS

Debtors

5

6,249

48,809

Cash at bank

254,050

167,305

260,299

216,114

CREDITORS

Amounts falling due within one year

6

145,820

91,794

NET CURRENT ASSETS

114,479

124,320

TOTAL ASSETS LESS CURRENT LIABILITIES

147,045

163,778

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

146,945

163,678

SHAREHOLDERS' FUNDS

147,045

163,778

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

C Correia - Director

1.	STATUTORY INFORMATION

Simplix It 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 net invoiced sale of services and goods, excluding value added tax.

Tangible fixed assets

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

Office Equipment

-

33% on reducing balance

Motor vehicles

-

15% 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 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 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

6,899

58,530

65,429

DEPRECIATION

At 1 April 2024

5,754

20,217

25,971

Charge for year

1,145

5,747

6,892

At 31 March 2025

6,899

25,964

32,863

NET BOOK VALUE

At 31 March 2025

-

32,566

32,566

At 31 March 2024

1,145

38,313

39,458

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,249

48,809

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

52,273

4,103

Tax

10,098

8,606

Social security and other taxes

138

138

VAT

9,068

20,288

Other creditors

72,493

56,909

Accrued expenses

1,750

1,750

145,820

91,794

7.

RESERVES

Retained

earnings

£

At 1 April 2024

163,678

Profit for the year

35,267

Dividends

(52,000

)

At 31 March 2025

146,945