Simpsons (East Anglia) Limited

Simpsons (East Anglia) Limited
Directors' Report
For the year ended 31 December 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 December 2025.

Principal activities

The principal activity of the company during the financial year was of operating a Drain Doctor franchise.

Directors

The directors who served the company throughout the year were as follows:

Robert Simpson

Samantha Simpson

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the companys transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Robert Simpson
Director

Date approved: 18 August 2026

Registered Number: 06940689 Simpsons (East Anglia) Limited
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	12,150	14,175
Tangible fixed assets	4	358,765	406,080
		370,915	420,255
Current assets
Debtors	5	150,611	124,930
Cash at bank and in hand		56,626	50,902
		207,237	175,832
Creditors: amount falling due within one year	6	(374,308)	(389,831)
Net current assets		(167,071)	(213,999)

Total assets less current liabilities		203,844	206,256
Creditors: amount falling due after more than one year	7	(62,672)	(42,152)
Provisions for liabilities	8	(68,166)	(95,832)
Net assets		73,006	68,272

Capital and reserves
Called up share capital	9	3	3
Profit and loss account		73,003	68,269
Shareholders' funds		73,006	68,272

For the 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 18 August 2026 and were signed on its behalf by:

-------------------------------
Robert Simpson
Director

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Samantha Simpson
Director

Simpsons (East Anglia) Limited
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

Simpsons (East Anglia) Limited is a private company, limited by shares, registered in England and Wales, registration number 06940689, registration address Church Barn, Orford Road, Bromeswell, Woodbridge, IP12 2PP

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

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.
The company has changed its depreciation policy this year from three year straight line to five year straight line on the basis that this better reflects the assets useful lives. The impact of this change is a lower depreciation charge in the year of £78,507.

Plant and Machinery

25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 28 (2024 : 23).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 January 2025	369,462	369,462
Additions	-	-
Disposals	-	-
At 31 December 2025	369,462	369,462
Amortisation
At 01 January 2025	355,287	355,287
Charge for year	2,025	2,025
On disposals	-	-
At 31 December 2025	357,312	357,312
Net book values
At 31 December 2025	12,150	12,150
At 31 December 2024	14,175	14,175

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 January 2025	1,736,010	1,736,010
Additions	68,946	68,946
Disposals	(21,000)	(21,000)
At 31 December 2025	1,783,956	1,783,956
Depreciation
At 01 January 2025	1,329,930	1,329,930
Charge for year	95,261	95,261
On disposals	-	-
At 31 December 2025	1,425,191	1,425,191
Net book values
Closing balance as at 31 December 2025	358,765	358,765
Opening balance as at 01 January 2025	406,080	406,080

The net book value of Plant and Machinery includes £ 97,273 (2024 £76,503) in respect of assets leased under finance leases or hire purchase contracts.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	150,611	105,205
Prepayments & Accrued Income	-	850
Other Debtors	-	18,875
	150,611	124,930

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	105,593	95,118
Bank Loans & Overdrafts	5,702	10,941
Corporation Tax	53,328	44,274
PAYE & Social Security	22,660	5,397
Accrued Expenses	2,500	2,500
Other Creditors	4,673	-
Obligations under HP/Financial Leases	102,966	165,100
VAT	76,886	66,501
	374,308	389,831

Creditors: amount falling due after more than one year

	2025 £		2024 £
Obligations Under HP/Financial Leases	62,672		42,152
	62,672		42,152

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	68,166		95,832
	68,166		95,832

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
2 Class A shares of £1.00 each	2	2
1 Class B share of £1.00 each	1	1
	3	3


Registered Number: 06940689
England and Wales
Unaudited Financial Statements

for the year ended 31 December 2025
for
SIMPSONS (EAST ANGLIA) LIMITED