Registration number: 09978371

Sim Bala Camera Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

Sim Bala Camera Ltd

(Registration number: 09978371)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,177	5,188
Current assets
Debtors	6	60,358	26,747
Cash at bank and in hand		98	7,905
		60,456	34,652
Creditors: Amounts falling due within one year	7	(38,834)	(29,538)
Net current assets		21,622	5,114
Total assets less current liabilities		23,799	10,302
Creditors: Amounts falling due after more than one year	7	(22,730)	(8,594)
Provisions for liabilities		(414)	(986)
Net assets		655	722
Capital and reserves
Called up share capital	8	200	200
Retained earnings		455	522
Shareholders' funds		655	722

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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 30 December 2025 and signed on its behalf by:
 

Mr S Bala Director

Sim Bala Camera Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1025 Chorley New Road
Lostock
BL6 4LW

These financial statements were authorised for issue by the Board on 30 December 2025.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services 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 amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

The current income 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.

Sim Bala Camera Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% straight line
Office equipment	33.33% straight line

Sim Bala Camera Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	3,011	3,992

Sim Bala Camera Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	3,980	19,988	23,968
At 31 March 2025	3,980	19,988	23,968
Depreciation
At 1 April 2024	2,049	16,731	18,780
Charge for the year	991	2,020	3,011
At 31 March 2025	3,040	18,751	21,791
Carrying amount
At 31 March 2025	940	1,237	2,177
At 31 March 2024	1,931	3,257	5,188

6

Debtors

Current	2025 £	2024 £
Other debtors	60,358	26,747
	60,358	26,747

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	13,249	7,298
Taxation and social security		24,588	22,091
Accruals and deferred income		997	149
		38,834	29,538

Sim Bala Camera Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	22,730	8,594

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100
Ordinary A shares of £1 each	75	75	75	75
Ordinary B shares of £1 each	25	25	25	25
	200	200	200	200

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,037	5,080
Other borrowings	18,693	3,514
	22,730	8,594

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,645	1,618
Bank overdrafts	1,727	3,238
Other borrowings	9,877	2,442
	13,249	7,298