Simon Davenport Associates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06917481

Simon Davenport Associates Limited

Filleted Unaudited Financial Statements

31 March 2026

Simon Davenport Associates Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		5,549	5,686

Current assets

Debtors	6	254,774	315,475
Cash at bank and in hand		378,901	467,029
		---------	---------
		633,675	782,504

Creditors: amounts falling due within one year	7	280,417		378,508
		---------		---------
Net current assets			353,258	403,996
			---------	---------
Total assets less current liabilities			358,807	409,682
			---------	---------
Net assets			358,807	409,682
			---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	358,707	409,582
	---------	---------
Shareholders funds	358,807	409,682
	---------	---------

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 comprehensive income has not been delivered.

For the year ending 31 March 2026 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 .

Simon Davenport Associates Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

R Van Ot
Director

Company registration number: 06917481

Simon Davenport Associates Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 29 Farm Street, London, W1J 5RL.

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. 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 for services rendered, stated net of discounts and of Value Added Tax. Turnover is recognised when the right to consideration has arisen under the performance of a contract. Consideration accrues as the contract progresses by reference to the value of work performed.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

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.

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:

Vehicle	-	33% straight line
Computer equipment	-	20% - 50% straight line

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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 9 (2025: 9 ).

5. Tangible assets

	Vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2025	658	18,337	18,995
Additions	1,570	1,260	2,830
	-------	--------	--------
At 31 March 2026	2,228	19,597	21,825
	-------	--------	--------
Depreciation
At 1 April 2025	512	12,797	13,309
Charge for the year	408	2,559	2,967
	-------	--------	--------
At 31 March 2026	920	15,356	16,276
	-------	--------	--------
Carrying amount
At 31 March 2026	1,308	4,241	5,549
	-------	--------	--------
At 31 March 2025	146	5,540	5,686
	-------	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	232,391	293,855
Other debtors	22,383	21,620
	---------	---------
	254,774	315,475
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	9,997	41,076
Corporation tax	121,380	125,866
Social security and other taxes	141,152	200,741
Other creditors	7,888	10,825
	---------	---------
	280,417	378,508
	---------	---------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	57,720	54,960
Later than 1 year and not later than 5 years	–	57,720
	--------	---------
	57,720	112,680
	--------	---------