2024-10-01 2025-09-30 2025-09-30 false SC507768 IAN SIM LIMITED 2026-03-31 45200 false iso4217:GBP xbrli:pure SC507768 2024-09-30 SC507768 2025-09-30 SC507768 2024-10-01 2025-09-30 SC507768 2023-09-30 SC507768 2024-09-30 SC507768 2023-10-01 2024-09-30 SC507768 bus:SmallEntities 2024-10-01 2025-09-30 SC507768 bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC507768 bus:FullAccounts 2024-10-01 2025-09-30 SC507768 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC507768 core:WithinOneYear 2025-09-30 SC507768 core:AfterOneYear 2025-09-30 SC507768 core:WithinOneYear 2024-09-30 SC507768 core:AfterOneYear 2024-09-30 SC507768 core:ShareCapital 2025-09-30 SC507768 core:SharePremium 2025-09-30 SC507768 core:RevaluationReserve 2025-09-30 SC507768 core:OtherReservesSubtotal 2025-09-30 SC507768 core:RetainedEarningsAccumulatedLosses 2025-09-30 SC507768 core:ShareCapital 2024-09-30 SC507768 core:SharePremium 2024-09-30 SC507768 core:RevaluationReserve 2024-09-30 SC507768 core:OtherReservesSubtotal 2024-09-30 SC507768 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC507768 core:LandBuildings 2025-09-30 SC507768 core:PlantMachinery 2025-09-30 SC507768 core:Vehicles 2025-09-30 SC507768 core:FurnitureFittings 2025-09-30 SC507768 core:OfficeEquipment 2025-09-30 SC507768 core:NetGoodwill 2025-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2025-09-30 SC507768 core:ListedExchangeTraded 2025-09-30 SC507768 core:UnlistedNon-exchangeTraded 2025-09-30 SC507768 core:LandBuildings 2024-09-30 SC507768 core:PlantMachinery 2024-09-30 SC507768 core:Vehicles 2024-09-30 SC507768 core:FurnitureFittings 2024-09-30 SC507768 core:OfficeEquipment 2024-09-30 SC507768 core:NetGoodwill 2024-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2024-09-30 SC507768 core:ListedExchangeTraded 2024-09-30 SC507768 core:UnlistedNon-exchangeTraded 2024-09-30 SC507768 core:LandBuildings 2024-10-01 2025-09-30 SC507768 core:PlantMachinery 2024-10-01 2025-09-30 SC507768 core:Vehicles 2024-10-01 2025-09-30 SC507768 core:FurnitureFittings 2024-10-01 2025-09-30 SC507768 core:OfficeEquipment 2024-10-01 2025-09-30 SC507768 core:NetGoodwill 2024-10-01 2025-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2024-10-01 2025-09-30 SC507768 core:ListedExchangeTraded 2024-10-01 2025-09-30 SC507768 core:UnlistedNon-exchangeTraded 2024-10-01 2025-09-30 SC507768 core:MoreThanFiveYears 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments 2025-09-30 SC507768 core:Non-currentFinancialInstruments 2024-09-30 SC507768 dpl:CostSales 2024-10-01 2025-09-30 SC507768 dpl:DistributionCosts 2024-10-01 2025-09-30 SC507768 core:LandBuildings 2024-10-01 2025-09-30 SC507768 core:PlantMachinery 2024-10-01 2025-09-30 SC507768 core:Vehicles 2024-10-01 2025-09-30 SC507768 core:FurnitureFittings 2024-10-01 2025-09-30 SC507768 core:OfficeEquipment 2024-10-01 2025-09-30 SC507768 dpl:AdministrativeExpenses 2024-10-01 2025-09-30 SC507768 core:NetGoodwill 2024-10-01 2025-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2024-10-01 2025-09-30 SC507768 dpl:GroupUndertakings 2024-10-01 2025-09-30 SC507768 dpl:ParticipatingInterests 2024-10-01 2025-09-30 SC507768 dpl:GroupUndertakings core:ListedExchangeTraded 2024-10-01 2025-09-30 SC507768 core:ListedExchangeTraded 2024-10-01 2025-09-30 SC507768 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-10-01 2025-09-30 SC507768 core:UnlistedNon-exchangeTraded 2024-10-01 2025-09-30 SC507768 dpl:CostSales 2023-10-01 2024-09-30 SC507768 dpl:DistributionCosts 2023-10-01 2024-09-30 SC507768 core:LandBuildings 2023-10-01 2024-09-30 SC507768 core:PlantMachinery 2023-10-01 2024-09-30 SC507768 core:Vehicles 2023-10-01 2024-09-30 SC507768 core:FurnitureFittings 2023-10-01 2024-09-30 SC507768 core:OfficeEquipment 2023-10-01 2024-09-30 SC507768 dpl:AdministrativeExpenses 2023-10-01 2024-09-30 SC507768 core:NetGoodwill 2023-10-01 2024-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2023-10-01 2024-09-30 SC507768 dpl:GroupUndertakings 2023-10-01 2024-09-30 SC507768 dpl:ParticipatingInterests 2023-10-01 2024-09-30 SC507768 dpl:GroupUndertakings core:ListedExchangeTraded 2023-10-01 2024-09-30 SC507768 core:ListedExchangeTraded 2023-10-01 2024-09-30 SC507768 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-10-01 2024-09-30 SC507768 core:UnlistedNon-exchangeTraded 2023-10-01 2024-09-30 SC507768 core:NetGoodwill 2025-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2025-09-30 SC507768 core:LandBuildings 2025-09-30 SC507768 core:PlantMachinery 2025-09-30 SC507768 core:Vehicles 2025-09-30 SC507768 core:FurnitureFittings 2025-09-30 SC507768 core:OfficeEquipment 2025-09-30 SC507768 core:AfterOneYear 2025-09-30 SC507768 core:WithinOneYear 2025-09-30 SC507768 core:ListedExchangeTraded 2025-09-30 SC507768 core:UnlistedNon-exchangeTraded 2025-09-30 SC507768 core:ShareCapital 2025-09-30 SC507768 core:SharePremium 2025-09-30 SC507768 core:RevaluationReserve 2025-09-30 SC507768 core:OtherReservesSubtotal 2025-09-30 SC507768 core:RetainedEarningsAccumulatedLosses 2025-09-30 SC507768 core:NetGoodwill 2024-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2024-09-30 SC507768 core:LandBuildings 2024-09-30 SC507768 core:PlantMachinery 2024-09-30 SC507768 core:Vehicles 2024-09-30 SC507768 core:FurnitureFittings 2024-09-30 SC507768 core:OfficeEquipment 2024-09-30 SC507768 core:AfterOneYear 2024-09-30 SC507768 core:WithinOneYear 2024-09-30 SC507768 core:ListedExchangeTraded 2024-09-30 SC507768 core:UnlistedNon-exchangeTraded 2024-09-30 SC507768 core:ShareCapital 2024-09-30 SC507768 core:SharePremium 2024-09-30 SC507768 core:RevaluationReserve 2024-09-30 SC507768 core:OtherReservesSubtotal 2024-09-30 SC507768 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC507768 core:NetGoodwill 2023-09-30 SC507768 core:IntangibleAssetsOtherThanGoodwill 2023-09-30 SC507768 core:LandBuildings 2023-09-30 SC507768 core:PlantMachinery 2023-09-30 SC507768 core:Vehicles 2023-09-30 SC507768 core:FurnitureFittings 2023-09-30 SC507768 core:OfficeEquipment 2023-09-30 SC507768 core:AfterOneYear 2023-09-30 SC507768 core:WithinOneYear 2023-09-30 SC507768 core:ListedExchangeTraded 2023-09-30 SC507768 core:UnlistedNon-exchangeTraded 2023-09-30 SC507768 core:ShareCapital 2023-09-30 SC507768 core:SharePremium 2023-09-30 SC507768 core:RevaluationReserve 2023-09-30 SC507768 core:OtherReservesSubtotal 2023-09-30 SC507768 core:RetainedEarningsAccumulatedLosses 2023-09-30 SC507768 core:AfterOneYear 2024-10-01 2025-09-30 SC507768 core:WithinOneYear 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:CostValuation 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-10-01 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:CostValuation 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-09-30 SC507768 core:Non-currentFinancialInstruments core:CostValuation 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-09-30 SC507768 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-09-30 SC507768 bus:Director1 2024-10-01 2025-09-30 SC507768 bus:Director2 2024-10-01 2025-09-30

IAN SIM LIMITED

Registered Number
SC507768
(Scotland)

Unaudited Financial Statements for the Year ended
30 September 2025

IAN SIM LIMITED
Company Information
for the year from 1 October 2024 to 30 September 2025

Directors | Ian Sim
| Natalie Sim

Registered Address | 16 Cupar Road
| Auchtermuchty
| KY14 7DD

Registered Number | SC507768 (Scotland)

IAN SIM LIMITED
Balance Sheet as at
30 September 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | - |  |  |  | 4,206
Tangible assets | 4 |  |  | 73,164 |  |  |  | 79,472
|  |  |  | 73,164 |  |  |  | 83,678
Current assets |  |  |  |  |  |  |  |
Stocks |  | 92,184 |  |  |  | 119,944 |  |
Debtors | 5 | 56,332 |  |  |  | 25,839 |  |
Cash at bank and on hand |  | 146,153 |  |  |  | 59,955 |  |
|  | 294,669 |  |  |  | 205,738 |  |
Creditors amounts falling due within one year | 6 | (259,551) |  |  |  | (182,970) |  |
Net current assets (liabilities) |  |  |  | 35,118 |  |  |  | 22,768
Total assets less current liabilities |  |  |  | 108,282 |  |  |  | 106,446
Creditors amounts falling due after one year | 7 |  |  | (16,851) |  |  |  | (31,487)
Provisions for liabilities |  |  |  | (15,887) |  |  |  | (16,144)
Net assets |  |  |  | 75,544 |  |  |  | 58,815
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 2 |  |  |  | 2
Profit and loss account |  |  |  | 75,542 |  |  |  | 58,813
Shareholders' funds |  |  |  | 75,544 |  |  |  | 58,815

- The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 March 2026, and are signed on its behalf by:
Ian Sim Director
Natalie Sim Director Registered Company No. SC507768

IAN SIM LIMITED
Notes to the Financial Statements
for the year ended 30 September 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Turnover policy
--- | ---
| Turnover represents net invoiced sale of goods and provision of services, excluding value added tax.

| Employee benefits
--- | ---
| The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

| Current taxation
--- | ---
| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Intangible assets
--- | ---
| Goodwill, being the amount paid in connection with the acquisition of the business in 2015, is being amortised evenly over it's estimated useful life of 10 years.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant & Machinery - 20% reducing balance Motor Vehicles - 25% reducing balance Computer & Office Equipment - 33% on cost and 20% reducing balance

| Finance leases and hire purchase contracts
--- | ---
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Stocks and work in progress
--- | ---
| Stock and work in progress are valued at the lower of cost and net realisable value.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 8 |  | 6

3. | Intangible assets
--- | ---

|  | Goodwill |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 October 24 | 45,989 |  | 45,989
| At 30 September 25 | 45,989 |  | 45,989
| Amortisation and impairment
| At 01 October 24 | 41,783 |  | 41,783
| Charge for year | 4,206 |  | 4,206
| At 30 September 25 | 45,989 |  | 45,989
| Net book value
| At 30 September 25 | - |  | -
| At 30 September 24 | 4,206 |  | 4,206

4. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Vehicles |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 October 24 | 130,508 |  | 51,450 |  | 3,447 |  | 185,405
| Additions | 10,905 |  | - |  | 3,262 |  | 14,167
| Disposals | (6,103) |  | - |  | (1,399) |  | (7,502)
| At 30 September 25 | 135,310 |  | 51,450 |  | 5,310 |  | 192,070
| Depreciation and impairment
| At 01 October 24 | 86,588 |  | 17,085 |  | 2,260 |  | 105,933
| Charge for year | 9,327 |  | 8,591 |  | 1,092 |  | 19,010
| On disposals | (4,639) |  | - |  | (1,398) |  | (6,037)
| At 30 September 25 | 91,276 |  | 25,676 |  | 1,954 |  | 118,906
| Net book value
| At 30 September 25 | 44,034 |  | 25,774 |  | 3,356 |  | 73,164
| At 30 September 24 | 43,920 |  | 34,365 |  | 1,187 |  | 79,472

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 39,209 |  | 20,060
| Prepayments and accrued income | 17,123 |  | 5,779
| Total | 56,332 |  | 25,839

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 59,150 |  | 37,949
| Bank borrowings and overdrafts | 10,000 |  | 10,000
| Taxation and social security | 84,722 |  | 33,820
| Finance lease and HP contracts | 4,637 |  | 4,258
| Other creditors | 98,108 |  | 94,253
| Accrued liabilities and deferred income | 2,934 |  | 2,690
| Total | 259,551 |  | 182,970

7. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 834 |  | 10,833
| Other creditors | 16,017 |  | 20,654
| Total | 16,851 |  | 31,487

8. | Capital commitments
--- | ---
| Minimum lease payments under non-cancellable operating leases fall due as follows: £ Within one year 26,250 Between 1-5 years 78,750