| Simpson Graham Limited |
| Registered number: |
15003538 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
438,756 |
|
|
59,886 |
|
| Current assets |
| Debtors |
4 |
|
69,909 |
|
|
76,263 |
| Cash at bank and in hand |
|
|
10,162 |
|
|
330,008 |
|
|
|
80,071 |
|
|
406,271 |
|
| Creditors: amounts falling due within one year |
5 |
|
(198,928) |
|
|
(135,247) |
|
| Net current (liabilities)/assets |
|
|
|
(118,857) |
|
|
271,024 |
|
| Total assets less current liabilities |
|
|
|
319,899 |
|
|
330,910 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(447,770) |
|
|
(330,000) |
|
|
|
| Net (liabilities)/assets |
|
|
|
(127,871) |
|
|
910 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
(127,875) |
|
|
906 |
|
| Shareholders' funds |
|
|
|
(127,871) |
|
|
910 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M Graham |
| Director |
| Approved by the board on 20 November 2025 |
|
| Simpson Graham Limited |
| Notes to the Accounts |
| for the period from 1 August 2024 to 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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 veterinary services. Turnover is recognised in the financial statements in the period the services are provided. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 & 3 years |
|
Fixtures, fittings, tools and equipment |
over 3 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current period. Deferred tax is not recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments as this is considered immaterial to the true and fair view of the financial statements. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 August 2024 |
42,917 |
|
17,549 |
|
60,466 |
|
Additions |
231,714 |
|
178,965 |
|
410,679 |
|
At 31 March 2025 |
274,631 |
|
196,514 |
|
471,145 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2024 |
- |
|
580 |
|
580 |
|
Charge for the period |
18,309 |
|
13,500 |
|
31,809 |
|
At 31 March 2025 |
18,309 |
|
14,080 |
|
32,389 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
256,322 |
|
182,434 |
|
438,756 |
|
At 31 July 2024 |
42,917 |
|
16,969 |
|
59,886 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
1,920 |
|
Other debtors |
69,909 |
|
74,343 |
|
|
|
|
|
|
69,909 |
|
76,263 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
55,147 |
|
- |
|
Taxation and social security costs |
6,488 |
|
14,324 |
|
Other creditors |
137,293 |
|
120,923 |
|
|
|
|
|
|
198,928 |
|
135,247 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
447,770 |
|
330,000 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Simpson Graham Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Central House |
|
124 High Street |
|
Hampton Hill |
|
Middlesex |
|
TW12 1NS |