Company registration number 01796052 (England and Wales)
SIMKO TRADING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SIMKO TRADING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
SIMKO TRADING LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
690,263
759,180
Investment property
5
8,284,281
6,432,772
Investments
6
650,138
122,260
9,624,682
7,314,212
Current assets
Debtors
7
4,033,376
4,161,499
Cash at bank and in hand
5,318,228
6,411,582
9,351,604
10,573,081
Creditors: amounts falling due within one year
8
(759,954)
(625,368)
Net current assets
8,591,650
9,947,713
Total assets less current liabilities
18,216,332
17,261,925
Provisions for liabilities
(38,286)
(38,286)
Net assets
18,178,046
17,223,639
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
18,177,046
17,222,639
Total equity
18,178,046
17,223,639
SIMKO TRADING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 18 May 2026
Mr A Ali
Director
Company registration number 01796052 (England and Wales)
SIMKO TRADING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Simko Trading Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor, 36-40 Copperfield Road, London, E3 4RR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents rental income recognised on an accruals basis and is accounted for when due.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Leasehold
Over duration of the lease on a straight line method
Fixtures, fittings & equipment
15% reducing balance method
Computer equipment
33 1/3% straight line method
Motor vehicles
25% reducing balance method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

SIMKO TRADING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, creditors are initially recognised at transaction price.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

SIMKO TRADING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.12
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
7
6
SIMKO TRADING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
4
Tangible fixed assets
Land and buildings Leasehold
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 January 2025
3,804,497
136,704
10,708
17,994
3,969,903
Additions
-
0
-
0
400
-
0
400
At 31 December 2025
3,804,497
136,704
11,108
17,994
3,970,303
Depreciation and impairment
At 1 January 2025
3,050,452
133,582
10,497
16,192
3,210,723
Depreciation charged in the year
68,294
468
105
450
69,317
At 31 December 2025
3,118,746
134,050
10,602
16,642
3,280,040
Carrying amount
At 31 December 2025
685,751
2,654
506
1,352
690,263
At 31 December 2024
754,045
3,122
211
1,802
759,180
5
Investment property
2025
£
Fair value
At 1 January 2025
6,432,772
Additions
1,851,509
At 31 December 2025
8,284,281

The fair value of the investment properties has been arrived at on the basis of a valuation carried out in May 2023 by Dobbin & Sullivan Chartered Surveyors, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6
Fixed asset investments
2025
2024
£
£
Other investments other than loans
650,138
122,260
SIMKO TRADING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
6
Fixed asset investments
(Continued)
- 7 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 January 2025
122,260
Additions
500,000
Valuation changes
27,878
At 31 December 2025
650,138
Carrying amount
At 31 December 2025
650,138
At 31 December 2024
122,260
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
6,084
5,539
Corporation tax recoverable
67,500
67,500
Other debtors
296,222
374,890
369,806
447,929
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
3,663,570
3,713,570
Total debtors
4,033,376
4,161,499
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5
2,295
Corporation tax
335,704
278,698
Other taxation and social security
8,724
3,192
Other creditors
415,521
341,183
759,954
625,368
2025-12-31 2025-01-01 false false false 18 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A Ali Mrs R Ali 01796052 2025-01-01 2025-12-31 01796052 2025-12-31 01796052 2024-12-31 01796052 core:FurnitureFittings 2025-12-31 01796052 core:ComputerEquipment 2025-12-31 01796052 core:MotorVehicles 2025-12-31 01796052 core:LandBuildings 2024-12-31 01796052 core:FurnitureFittings 2024-12-31 01796052 core:ComputerEquipment 2024-12-31 01796052 core:MotorVehicles 2024-12-31 01796052 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 01796052 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01796052 core:CurrentFinancialInstruments 2025-12-31 01796052 core:CurrentFinancialInstruments 2024-12-31 01796052 core:ShareCapital 2025-12-31 01796052 core:ShareCapital 2024-12-31 01796052 core:RetainedEarningsAccumulatedLosses 2025-12-31 01796052 core:RetainedEarningsAccumulatedLosses 2024-12-31 01796052 bus:Director1 2025-01-01 2025-12-31 01796052 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 01796052 core:FurnitureFittings 2025-01-01 2025-12-31 01796052 core:ComputerEquipment 2025-01-01 2025-12-31 01796052 core:MotorVehicles 2025-01-01 2025-12-31 01796052 2024-01-01 2024-12-31 01796052 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-12-31 01796052 core:FurnitureFittings 2024-12-31 01796052 core:ComputerEquipment 2024-12-31 01796052 core:MotorVehicles 2024-12-31 01796052 2024-12-31 01796052 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-12-31 01796052 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 01796052 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 01796052 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01796052 bus:FRS102 2025-01-01 2025-12-31 01796052 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 01796052 bus:CompanySecretary1 2025-01-01 2025-12-31 01796052 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01796052 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP