Company No: 01401744 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A Playle (Appointed 19 September 2025)
	H C Playle
	S W Playle

SECRETARY

H C Playle

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

01401744 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	9,920		10,045
		9,920		10,045
Current assets
Debtors	4	33,900		78,866
Cash at bank and in hand		( 19,141)		20,045
		14,759		98,911
Creditors: amounts falling due within one year	5	( 65,768)		( 118,285)
Net current liabilities		(51,009)		(19,374)
Total assets less current liabilities		(41,089)		(9,329)
Creditors: amounts falling due after more than one year	6	( 19,061)		( 27,601)
Net liabilities		( 60,150)		( 36,930)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 60,250 )		( 37,030 )
Total shareholders' deficit		( 60,150)		( 36,930)

For the financial 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.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Simon Playle Limited (registered number: 01401744) were approved and authorised for issue by the Board of Directors on 29 December 2025. They were signed on its behalf by:

H C Playle Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Simon Playle Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The directors have confirmed that they will provide financial support if necessary.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the risks and rewards of ownership have been transferred to the customer, which is when the goods have been delivered or collected by the customer.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Plant and machinery etc.

6 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Ordinary share capital

Ordinary shares are classified as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	59,215		59,215
At 31 March 2025	59,215		59,215
Accumulated depreciation
At 01 April 2024	49,170		49,170
Charge for the financial year	125		125
At 31 March 2025	49,295		49,295
Net book value
At 31 March 2025	9,920		9,920
At 31 March 2024	10,045		10,045

4. Debtors

	2025		2024
	£		£
Trade debtors	0		2,668
Other debtors	33,900		76,198
	33,900		78,866

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	38,690		69,765
Taxation and social security	11,576		38,278
Other creditors	15,502		10,242
	65,768		118,285

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	19,061		27,601

There are no amounts included above in respect of which any security has been given by the small entity.

7. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
S W Playle	35,849		35,849

A loan of £35,849 (2024 - £35,849) to a director remains outstanding at the year end. The loan is interest-free and repayable on demand.