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Company Registration No. 09519316 (England and Wales)
SIMCHES LTD Unaudited accounts for the year ended 31 March 2025
SIMCHES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SIMCHES LTD Company Information for the year ended 31 March 2025
Director
STERN, Joel
Company Number
09519316 (England and Wales)
Registered Office
UNIT 9B FOUNTAYNE ROAD LONDON N15 4BE ENGLAND
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SIMCHES LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
1,499,999
957,258
Current assets
Debtors
309,074
309,074
Cash at bank and in hand
10,933
12,866
320,007
321,940
Creditors: amounts falling due within one year
(1,276,211)
(1,276,208)
Net current liabilities
(956,204)
(954,268)
Total assets less current liabilities
543,795
2,990
Provisions for liabilities
Deferred tax
(135,685)
-
Net assets
408,110
2,990
Capital and reserves
Called up share capital
1
1
Profit and loss account
408,109
2,989
Shareholders' funds
408,110
2,990
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 24 December 2025 and were signed on its behalf by
STERN, Joel Director Company Registration No. 09519316
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SIMCHES LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
SIMCHES LTD is a private company, limited by shares, registered in England and Wales, registration number 09519316. The registered office is UNIT 9B FOUNTAYNE ROAD, LONDON, N15 4BE, 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
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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