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COMPANY REGISTRATION NUMBER: 06339918

Simple Residential Limited

Filleted Unaudited Financial Statements

31 August 2025

Simple Residential Limited

Financial Statements

Year ended 31 August 2025

Contents | Page

Balance sheet | 1

Notes to the financial statements | 3

Simple Residential Limited

Balance Sheet

31 August 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 140,625 | 9,510

Current assets

Debtors | 6 | 474,287 |  | 427,860
Cash at bank and in hand | 72,932 |  | 152,626
| --------- |  | ---------
| 547,219 |  | 580,486

Creditors: amounts falling due within one year | 7 | 578,697 |  | 532,466
| --------- |  | ---------
Net current (liabilities)/assets |  | ( 31,478) | 48,020
|  | --------- | --------
Total assets less current liabilities |  | 109,147 | 57,530

Creditors: amounts falling due after more than one year | 8 |  | 74,247 | 30,000
|  | --------- | --------
Net assets |  | 34,900 | 27,530
|  | --------- | --------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 34,800 | 27,430
|  | -------- | --------
Shareholders funds |  | 34,900 | 27,530
|  | -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Simple Residential Limited

Balance Sheet (continued)

31 August 2025
These financial statements were approved by the board of directors and authorised for issue on 30 April 2026 , and are signed on behalf of the board by:

Mr G S Mahal |
Director |

Company registration number: 06339918

Simple Residential Limited

Notes to the Financial Statements

Year ended 31 August 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 56 Coldharbour Lane, Hayes, Middlesex, UB3 3ES.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures, fitting and equipment | - | 15% reducing balance

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).
5. Tangible assets

| Land and buildings | Fixtures and fittings | Total
| £ | £ | £
Cost |  |  |
At 1 September 2024 | – | 39,102 | 39,102
Additions | 128,641 | 4,589 | 133,230
| --------- | -------- | ---------
At 31 August 2025 | 128,641 | 43,691 | 172,332
| --------- | -------- | ---------
Depreciation |  |  |
At 1 September 2024 | – | 29,592 | 29,592
Charge for the year | – | 2,115 | 2,115
| --------- | -------- | ---------
At 31 August 2025 | – | 31,707 | 31,707
| --------- | -------- | ---------
Carrying amount |  |  |
At 31 August 2025 | 128,641 | 11,984 | 140,625
| --------- | -------- | ---------
At 31 August 2024 | – | 9,510 | 9,510
| --------- | -------- | ---------

6. Debtors

| 2025 | 2024
| £ | £
Prepayments and accrued income | 3,724 | 2,277
Other debtors | 470,563 | 425,583
| --------- | ---------
| 474,287 | 427,860
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 28,385 | 20,000
Accruals and deferred income | 8,206 | 3,402
Corporation tax | 24,831 | 28,057
Social security and other taxes | 23,256 | 35,748
Director loan accounts | 17,351 | 15,808
Other creditors | 476,668 | 429,451
| --------- | ---------
| 578,697 | 532,466
| --------- | ---------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 74,247 | 30,000
| -------- | --------