Systems Information Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15017781

Systems Information Management Limited

Filleted Unaudited Financial Statements

31 July 2026

Systems Information Management Limited

Statement of Financial Position

31 July 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		–		3,838

Current assets

Debtors	6	15,763	7,160
Cash at bank and in hand		31,404	34,727
		--------	--------
		47,167	41,887

Creditors: amounts falling due within one year	7	11,979		30,736
		--------		--------
Net current assets			35,188		11,151
			--------		--------
Total assets less current liabilities			35,188		14,989
			--------		--------
Net assets			35,188		14,989
			--------		--------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		35,088	14,889
		--------	--------
Shareholders funds		35,188	14,989
		--------	--------

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 income and retained earnings has not been delivered.

For the year ending 31 July 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 .

Systems Information Management Limited

Statement of Financial Position (continued)

31 July 2026

These financial statements were approved by the board of directors and authorised for issue on 31 August 2026 , and are signed on behalf of the board by:

T R J Styles
Director

Company registration number: 15017781

Systems Information Management Limited

Notes to the Financial Statements

Year ended 31 July 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 146 New London Road, Chelmsford, Essex, CM2 0AW.

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 receivable for goods supplied and services rendered, stated net of Value Added Tax.

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:

	Computer equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 2 ).

5. Tangible assets

	Computer equipment
	£
Cost
At 1 August 2025	5,069
Disposals	( 5,069)
	-------
At 31 July 2026	–
	-------
Depreciation
At 1 August 2025	1,231
Charge for the year	1,267
Disposals	( 2,498)
	-------
At 31 July 2026	–
	-------
Carrying amount
At 31 July 2026	–
	-------
At 31 July 2025	3,838
	-------

6. Debtors

	2026	2025
	£	£
Trade debtors	11,520	1,440
Other debtors	4,243	5,720
	--------	-------
	15,763	7,160
	--------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	–	192
Accruals and deferred income	2,355	26,995
Corporation tax	5,710	1,008
Social security and other taxes	3,914	2,199
Director loan accounts	–	342
	--------	--------
	11,979	30,736
	--------	--------

8. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary A shares of £ 1 each	50	50	50	50
Ordinary B shares of £ 1 each	50	50	50	50
	----	----	----	----
	100	100	100	100
	----	----	----	----

9. Director's advances, credits and guarantees

At the year end the company was owed £3,043 (2025: £nil) by its director, T R J Styles . This was the maximum amount outstanding during the year and no interest was charged on the loan.

10. Related party transactions

At the year end the company owed its director £nil (2025 - £342) which is shown amongst creditors.