Company Registration No. 11975571 (England and Wales)
Simply 4 Group Ltd
Unaudited accounts
for the year ended 31 May 2025
Simply 4 Group Ltd
Unaudited accounts
Contents
Simply 4 Group Ltd
Company Information
for the year ended 31 May 2025
Directors
Roger F Copeland
David Ojumu
Company Number
11975571 (England and Wales)
Registered Office
40 WILLOUGHBY ROAD
LONDON
N8 0JG
ENGLAND
Simply 4 Group Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
77,122
79,767
Cash at bank and in hand
128,120
595,618
Creditors: amounts falling due within one year
(367,069)
(408,630)
Net current assets
477,298
322,699
Total assets less current liabilities
554,420
402,466
Creditors: amounts falling due after more than one year
(965)
(5,722)
Net assets
553,455
396,744
Called up share capital
100
100
Profit and loss account
553,355
396,644
Shareholders' funds
553,455
396,744
For the year ending 31 May 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 directors acknowledge 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 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 of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by
Roger F Copeland
Director
Company Registration No. 11975571
Simply 4 Group Ltd
Notes to the Accounts
for the year ended 31 May 2025
Simply 4 Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11975571. The registered office is 40 WILLOUGHBY ROAD, LONDON, N8 0JG, ENGLAND.
2
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance method
Motor vehicles
20% reducing balance method
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to known amount of cash and are subject to an insignificant risk of change in value.
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Simply 4 Group Ltd
Notes to the Accounts
for the year ended 31 May 2025
Expenses are recognized in the period in which they are incurred, regardless of when payment is made.
The Director has reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. The Company therefore continue to adopt the Going Concern basis for preparing it's financial statements.
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
50,000
11,963
34,536
96,499
At 31 May 2025
50,000
14,849
34,536
99,385
At 1 June 2024
-
3,527
13,205
16,732
Charge for the year
-
1,265
4,266
5,531
At 31 May 2025
-
4,792
17,471
22,263
At 31 May 2025
50,000
10,057
17,065
77,122
At 31 May 2024
50,000
8,436
21,331
79,767
Amounts falling due within one year
Trade debtors
58,307
91,736
Accrued income and prepayments
-
29,687
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,040
5,340
Trade creditors
51,724
52,853
Taxes and social security
145,377
306,949
Loans from directors
149,123
32,923
Simply 4 Group Ltd
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 27 (2024: 11).