SIMBAY LTD COMPANY LIMITED

Registered Number: 10331001

England and Wales

Unaudited Financial Statements

for the year ended 31 December 2024

for

SIMBAY LTD COMPANY LIMITED

SIMBAY LTD COMPANY LIMITED

Statement of Financial Position

As at 31 December 2024

	£	2024 £	£	2023 £
Fixed assets		1,810		2,413
Current assets	8,005		8,491
Creditors: amount falling due within one year	(228)		(1,828)
Net current assets/(liabilities)		7,777		6,663
Total assets less current liabilities		9,587		9,076
Accrued liabilities		(454)		(454)
Net assets/(liabilities)		9,133		8,622


Capital and reserves		9,133		8,622

For the year ended 31 December 2024 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

----------------------------------
Sylvester Doroba
Director

Date approved: 24 December 2025

SIMBAY LTD COMPANY LIMITED

Notes to the Accounts

For the year ended 31 December 2024

Statutory Information

SIMBAY LTD COMPANY LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 10331001, registration address 63 Wonastow Road, Monmouth, Monmouthshire, NP25 5DG, Wales.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

20 Reducing Balance

2.	Average number of employees Average number of employees during the year were 2 (2023: 2).