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Registered number: 09994532
SimComm Academy Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09994532
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,053 2,847
3,053 2,847
CURRENT ASSETS
Debtors 5 26,905 161,286
Cash at bank and in hand 229,028 421,182
255,933 582,468
Creditors: Amounts Falling Due Within One Year 6 (61,607 ) (239,969 )
NET CURRENT ASSETS (LIABILITIES) 194,326 342,499
TOTAL ASSETS LESS CURRENT LIABILITIES 197,379 345,346
PROVISIONS FOR LIABILITIES
Deferred Taxation (580 ) (690 )
NET ASSETS 196,799 344,656
CAPITAL AND RESERVES
Called up share capital 7 400 400
Profit and Loss Account 196,399 344,256
SHAREHOLDERS' FUNDS 196,799 344,656
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Caroline Hamilton
Director
05/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SimComm Academy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09994532 . The registered office is Holbury Rise, East Dean Road, Lockerley, Romsey, SO51 0JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Turnover from the rendering of services is recognised when those services are performed and delivered. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings straight line method over 3 years
Computer Equipment straight line method over 3 years
2.5. Financial Instruments
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments
are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and in hand is represented by cash in hand and deposits with financial institutions repayable without
penalty on notice of not more than 24 hours.
Creditors
Trade and other creditors are recognised at the settlement amount due after any trade discount offered. Accruals are
valued at the amount due in the future net of any trade discounts.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 625 4,197 4,822
Additions - 2,400 2,400
Disposals - (749 ) (749 )
As at 31 March 2025 625 5,848 6,473
Depreciation
As at 1 April 2024 165 1,810 1,975
Provided during the period 209 1,735 1,944
Disposals - (499 ) (499 )
As at 31 March 2025 374 3,046 3,420
Net Book Value
As at 31 March 2025 251 2,802 3,053
As at 1 April 2024 460 2,387 2,847
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,621 153,909
Prepayments and accrued income 1,634 6,727
Other debtors 650 650
26,905 161,286
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,042 17,591
Corporation tax (26,927 ) 39,957
Other taxes and social security 4,360 2,293
VAT 10,116 28,330
Credit Card 52 1,572
Other creditors. 651 -
Accruals and deferred income 62,238 144,463
Director's loan account 1,075 5,763
61,607 239,969
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Page 5
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 400 400
Page 5