Simple Residential Limited Filleted accounts for Companies House (small and micro)

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
	--------	--------