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Company Registration No. 11279352 (England and Wales)
Simbuild Developments Ltd Unaudited accounts for the year ended 31 March 2025
Simbuild Developments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Simbuild Developments Ltd Company Information for the year ended 31 March 2025
Director
Mr Simon Potkins
Company Number
11279352 (England and Wales)
Registered Office
75 MAIN STREET FARCET PETERBOROUGH PE7 3DF ENGLAND
Accountants
Acumo-Accountancy Ltd 9 Foxglove Close Whittlesey Cambridgeshire Cambridgeshire PE7 2FJ
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Simbuild Developments Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
151
225
Investment property
5
170,957
-
171,108
225
Current assets
Debtors
6
602
690
Cash at bank and in hand
25,898
165,358
26,500
166,048
Creditors: amounts falling due within one year
7
(132,354)
(115,759)
Net current (liabilities)/assets
(105,854)
50,289
Total assets less current liabilities
65,254
50,514
Creditors: amounts falling due after more than one year
8
(6,584)
(9,493)
Net assets
58,670
41,021
Capital and reserves
Called up share capital
100
100
Profit and loss account
58,570
40,921
Shareholders' funds
58,670
41,021
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 December 2025 and were signed on its behalf by
Mr Simon Potkins Director Company Registration No. 11279352
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Simbuild Developments Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Simbuild Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11279352. The registered office is 75 MAIN STREET, FARCET, PETERBOROUGH, PE7 3DF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
873
At 31 March 2025
873
Depreciation
At 1 April 2024
648
Charge for the year
74
At 31 March 2025
722
Net book value
At 31 March 2025
151
At 31 March 2024
225
5
Investment property
2025
£
Additions
170,957
At 31 March 2025
170,957
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Simbuild Developments Ltd Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
113
229
Accrued income and prepayments
489
461
602
690
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,316
7,007
VAT
6,710
5,378
Trade creditors
1,944
3,136
Taxes and social security
15,295
13,771
Other creditors
(279)
(1,048)
Loans from directors
105,368
87,515
132,354
115,759
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
6,584
9,493
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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