Company Registration No. 11531691 (England and Wales)
Simma Properties Limited
Unaudited accounts
for the year ended 31 August 2025
Simma Properties Limited
Unaudited accounts
Contents
Simma Properties Limited
Company Information
for the year ended 31 August 2025
Company Number
11531691 (England and Wales)
Registered Office
Congress House Suite 2, Floor 2
14 Lyon Road
Harrow
HA1 2EN
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Simma Properties Limited
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
42,293
61,538
Creditors: amounts falling due within one year
(8,720)
(7,315)
Net current assets
33,573
54,223
Called up share capital
101
101
Profit and loss account
58,472
79,122
Shareholders' funds
58,573
79,223
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 director acknowledges her 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 and authorised for issue on 7 May 2026 and were signed on its behalf by
Mrs J. Summer
Director
Company Registration No. 11531691
Simma Properties Limited
Notes to the Accounts
for the year ended 31 August 2025
Simma Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11531691. The registered office is Congress House Suite 2, Floor 2, 14 Lyon Road, Harrow, HA1 2EN.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.
Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Simma Properties Limited
Notes to the Accounts
for the year ended 31 August 2025
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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Investments
Other investments
Valuation at 1 September 2024
25,000
Valuation at 31 August 2025
25,000
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,700
6,295
Allotted, called up and fully paid:
101 Ordinary shares of £1 each
101
101
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Transactions with related parties
During the year under review, dividends amounting to £500 (2024: £1,000) were paid to the director, Mrs. J. Summer.
During the year under review, the company was under the control of the director Mrs J. Summer by virtue of her majority shareholding.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).