SIMSEC PROJECTS LIMITED

SIMSEC PROJECTS LIMITED

Statement of Financial Position

As at 15 May 2026

	£	2026 £	£	2025 £
Fixed assets		45		89
Current assets	-		741
Creditors: amount falling due within one year	(14,750)		(14,214)
Net current assets/(liabilities)		(14,750)		(13,473)
Total assets less current liabilities		(14,705)		(13,384)
Net assets/(liabilities)		(14,705)		(13,384)


Capital and reserves		(14,705)		(13,384)

For the period ended 15 May 2026 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 of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

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

Timothy Porter Hodges
Director

Date approved: 26 May 2026

SIMSEC PROJECTS LIMITED

Notes to the Accounts

For the period ended 15 May 2026

Statutory Information

Simsec Projects Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 09565178, registration address 10 Lawn Close, Milford On Sea, Hampshire, SO41 0ST, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The Company has discontinued the operation and the current accounts are the last set of accounts after this the directors are planning to apply for striking off the name from the registrar of the Companies.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

50% Reducing Balance

Tangible fixed assets

Cost or Valuation	Computer Equipment	Total
	£	£
At 01 July 2025	6,211	6,211
Additions	-	-
At 15 May 2026	6,211	6,211
Depreciation
At 01 July 2025	6,122	6,122
Charge for period	44	44
At 15 May 2026	6,166	6,166
Net book values
Closing balance as at 15 May 2026	45	45
Opening balance as at 01 July 2025	89	89

Tangible fixed assets

3.	Average number of employees Average number of employees during the period was 0 (2025: 0).