Company Registration No. 07627723 (England and Wales)
SIMPLE SOURCING LIMITED
Unaudited accounts
for the year ended 31 March 2025
SIMPLE SOURCING LIMITED
Unaudited accounts
Contents
SIMPLE SOURCING LIMITED
Company Information
for the year ended 31 March 2025
Directors
Charlotte June Birkett
Matthew Charles Birkett
Secretary
Matthew Charles Birkett
Company Number
07627723 (England and Wales)
Registered Office
101-135 Kings House First Floor
Kings Road
Brentwood, Essex
United Kingdom
CM14 4DR
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
SIMPLE SOURCING LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
11,409
13,001
Cash at bank and in hand
3,443
1,266
Creditors: amounts falling due within one year
(188,301)
(130,721)
Net current assets/(liabilities)
29,505
(38,048)
Net assets/(liabilities)
40,914
(25,047)
Called up share capital
1
1
Profit and loss account
40,913
(25,048)
Shareholders' funds
40,914
(25,047)
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 directors acknowledge their 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 of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
Matthew Charles Birkett
Director
Company Registration No. 07627723
SIMPLE SOURCING LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SIMPLE SOURCING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07627723. The registered office is 101-135 Kings House First Floor, Kings Road, Brentwood, Essex, United Kingdom, CM14 4DR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives::
Fixtures & fittings
33.33% on cost using the straight line method.
4
Tangible fixed assets
Fixtures & fittings
SIMPLE SOURCING LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
214,119
91,263
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
146,967
115,963
Taxes and social security
3,845
-
Other creditors
3,387
3,806
Loans from directors
22,419
9,403
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).