Simetrix Technologies Limited 02195961 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is business and domestic software development Digita Accounts Production Advanced 6.30.9574.0 true 02195961 2025-01-01 2025-12-31 02195961 2025-12-31 02195961 bus:OrdinaryShareClass1 2025-12-31 02195961 core:CurrentFinancialInstruments 2025-12-31 02195961 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 02195961 bus:SmallEntities 2025-01-01 2025-12-31 02195961 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02195961 bus:FilletedAccounts 2025-01-01 2025-12-31 02195961 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02195961 bus:RegisteredOffice 2025-01-01 2025-12-31 02195961 bus:CompanySecretaryDirector2 2025-01-01 2025-12-31 02195961 bus:Director1 2025-01-01 2025-12-31 02195961 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 02195961 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02195961 bus:Agent1 2025-01-01 2025-12-31 02195961 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 02195961 core:PlantMachinery 2025-01-01 2025-12-31 02195961 countries:England 2025-01-01 2025-12-31 02195961 2024-01-01 2024-12-31 02195961 2024-12-31 02195961 bus:OrdinaryShareClass1 2024-12-31 02195961 core:CurrentFinancialInstruments 2024-12-31 02195961 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02195961

Simetrix Technologies Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Simetrix Technologies Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Simetrix Technologies Limited

Company Information

Directors | Mr J Warner Mrs E Lovell

Company secretary | Mrs E Lovell

Registered office | 78 Chapel Street Thatcham Berkshire RG18 4QN

Accountants | EJBC Chartered Accountants 2 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY

Simetrix Technologies Limited

(Registration number: 02195961)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets |  | 2,732 | 3,214
Tangible assets |  | 197,693 | 197,173
|  | 200,425 | 200,387
Current assets |  |  |
Debtors |  | 341,795 | 312,764
Cash at bank and in hand |  | 469,774 | 396,265
|  | 811,569 | 709,029
Creditors: Amounts falling due within one year |  | (203,880) | (180,157)
Net current assets |  | 607,689 | 528,872
Total assets less current liabilities |  | 808,114 | 729,259
Provisions for liabilities |  | (1,827) | (1,382)
Net assets |  | 806,287 | 727,877
Capital and reserves |  |  |
Called up share capital | 3 | 76 | 76
Retained earnings |  | 806,211 | 727,801
Shareholders' funds |  | 806,287 | 727,877

For the financial year ending 31 December 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 23 March 2026 and signed on its behalf by:

......................................... Mr J Warner Director

Simetrix Technologies Limited

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

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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.

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

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.

Simetrix Technologies Limited

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

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% reducing balance and 20% on cost

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Domain name | 15% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Simetrix Technologies Limited

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

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

3 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 76 | 76 | 76 | 76