Company Registration No. 09582051 (England and Wales)
Simpson Technology Ltd
Unaudited accounts
for the year ended 30 November 2025
Simpson Technology Ltd
Unaudited accounts
Contents
Simpson Technology Ltd
Company Information
for the year ended 30 November 2025
Directors
Aline Simpson
Scott Simpson
Company Number
09582051 (England and Wales)
Simpson Technology Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
86,384
105,042
Inventories
209,000
209,000
Cash at bank and in hand
6,650
73,529
Creditors: amounts falling due within one year
(901,605)
(705,969)
Net current liabilities
(33,043)
(187,894)
Total assets less current liabilities
53,341
(82,852)
Creditors: amounts falling due after more than one year
(45,983)
(56,967)
Provisions for liabilities
Net assets/(liabilities)
7,358
(137,587)
Called up share capital
4
4
Profit and loss account
7,354
(137,591)
Shareholders' funds
7,358
(137,587)
For the year ending 30 November 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 14 August 2026 and were signed on its behalf by
Aline Simpson
Director
Company Registration No. 09582051
Simpson Technology Ltd
Notes to the Accounts
for the year ended 30 November 2025
Simpson Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 09582051.
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.
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
25% straight line
Motor vehicles
10% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
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.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Simpson Technology Ltd
Notes to the Accounts
for the year ended 30 November 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
2,217
177,069
6,523
12,776
198,585
At 30 November 2025
2,217
177,069
6,523
13,654
199,463
At 1 December 2024
1,663
73,532
6,509
11,839
93,543
Charge for the year
554
17,707
14
1,261
19,536
At 30 November 2025
2,217
91,239
6,523
13,100
113,079
At 30 November 2025
-
85,830
-
554
86,384
At 30 November 2024
554
103,537
14
937
105,042
Amounts falling due within one year
Trade debtors
290,219
64,523
Accrued income and prepayments
216,934
-
Other debtors
145,759
171,023
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
124,311
102,384
Obligations under finance leases and hire purchase contracts
130,430
57,026
Trade creditors
144,564
241,229
Taxes and social security
133,693
75,716
Deferred income
223,384
157,332
Simpson Technology Ltd
Notes to the Accounts
for the year ended 30 November 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
45,983
56,967
8
Average number of employees
During the year the average number of employees was 3 (2024: 4).