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Company Registration No. SC457259 (Scotland)
Simple Financial Planning Ltd Unaudited accounts for the year ended 31 August 2025
Simple Financial Planning Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Simple Financial Planning Ltd Company Information for the year ended 31 August 2025
Directors
R Welsh M Sanger D Johnston
Company Number
SC457259 (Scotland)
Registered Office
Red Tree Business Suites (Suite 1.17) 33 Dalmarnock Road Glasgow G40 4LA
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Simple Financial Planning Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
50,547
53,581
Current assets
Debtors
5
49,905
48,893
Cash at bank and in hand
133,953
113,999
183,858
162,892
Creditors: amounts falling due within one year
6
(88,993)
(79,153)
Net current assets
94,865
83,739
Total assets less current liabilities
145,412
137,320
Creditors: amounts falling due after more than one year
7
(33,024)
(49,822)
Provisions for liabilities
Deferred tax
(10,110)
(13,395)
Net assets
102,278
74,103
Capital and reserves
Called up share capital
100
100
Profit and loss account
102,178
74,003
Shareholders' funds
102,278
74,103
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 10 February 2026 and were signed on its behalf by
R Welsh Director Company Registration No. SC457259
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Simple Financial Planning Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Simple Financial Planning Ltd is a private company, limited by shares, registered in Scotland, registration number SC457259. The registered office is Red Tree Business Suites (Suite 1.17), 33 Dalmarnock Road, Glasgow, G40 4LA.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value of services provided to customers, net of value added tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Simple Financial Planning Ltd Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
55,639
15,323
70,962
Additions
-
11,027
11,027
At 31 August 2025
55,639
26,350
81,989
Depreciation
At 1 September 2024
8,345
9,036
17,381
Charge for the year
7,094
6,967
14,061
At 31 August 2025
15,439
16,003
31,442
Net book value
At 31 August 2025
40,200
10,347
50,547
At 31 August 2024
47,294
6,287
53,581
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
38,383
40,235
Other debtors
11,522
8,658
49,905
48,893
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
28,181
24,835
Obligations under finance leases and hire purchase contracts
8,174
8,174
Taxes and social security
42,002
42,911
Other creditors
4,542
2,085
Loans from directors
68
1,148
Accruals
6,026
-
88,993
79,153
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
8,625
Obligations under finance leases and hire purchase contracts
33,024
41,197
33,024
49,822
8
Average number of employees
During the year the average number of employees was 33 (2024: 16).
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