SIMBA COURIER LOGISTICS LTD


Director	SAAR, Siim


Registered Address	9 Hazel Drive
	Dundee
	DD2 1QQ


Registered Number	SC704050 (Scotland)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		159,532		179,610
			159,532		179,610
Current assets
Debtors		412,241		209,700
Cash at bank and on hand		141,646		143,984
		553,887		353,684
Creditors amounts falling due within one year	4	(564,658)		(327,355)
Net current assets (liabilities)			(10,771)		26,329
Total assets less current liabilities			148,761		205,939
Net assets			148,761		205,939
Capital and reserves
Profit and loss account			148,761		205,939
Shareholders' funds			148,761		205,939

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 Director acknowledges 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 Director on 26 March 2026, and are signed on its behalf by:

SAAR, Siim
Director
Registered Company No. SC704050

SIMBA COURIER LOGISTICS LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	3
	Vehicles	5
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 August 24	708	215,074	15,200	230,982
Additions	4,522	20,447	1,998	26,967
Disposals	-	(26,722)	-	(26,722)
At 31 July 25	5,230	208,799	17,198	231,227
Depreciation and impairment
At 01 August 24	-	43,968	7,404	51,372
Charge for year	2,543	15,432	2,348	20,323
At 31 July 25	2,543	59,400	9,752	71,695
Net book value
At 31 July 25	2,687	149,399	7,446	159,532
At 31 July 24	708	171,106	7,796	179,610

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	211,217	180,573
Taxation and social security	117,567	111,147
Accrued liabilities and deferred income	235,874	35,635
Total	564,658	327,355

5.	Creditors: amounts due after one year