REGISTERED NUMBER: 05659119 (England and Wales)

Simba Materials Limited

Unaudited Financial Statements For The Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Simpson

A Bailey

SECRETARY:

G S Simpson

REGISTERED OFFICE:

Unit 8

Broomhouse Lane Industrial Estate

Edlington

Doncaster

South Yorkshire

DN12 1EQ

REGISTERED NUMBER:

05659119 (England and Wales)

ACCOUNTANTS:

Kingswood Allotts Limited

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

48,626

15,918

48,626

15,918

CURRENT ASSETS

Stocks

6

724,204

631,802

Debtors

7

187,199

184,230

Cash at bank and in hand

50,461

125,559

961,864

941,591

CREDITORS

Amounts falling due within one year

8

231,119

251,901

NET CURRENT ASSETS

730,745

689,690

TOTAL ASSETS LESS CURRENT LIABILITIES

779,371

705,608

PROVISIONS FOR LIABILITIES

3,369

3,858

NET ASSETS

776,002

701,750

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

775,902

701,650

SHAREHOLDERS' FUNDS

776,002

701,750

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

W Simpson - Director

1.	STATUTORY INFORMATION

Simba Materials Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2006 and 2008, has been amortised evenly over its useful live of seven and five years respectively.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property improvements

-

25% on cost

Plant & machinery

-

25% on cost and 20% on reducing balance

Fixtures & fittings

-

20% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

25% on cost

Stocks

Stock of materials are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

89,225

AMORTISATION

At 1 January 2025

and 31 December 2025

89,225

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Leasehold

property

Plant &

Fixtures

improvements

machinery

& fittings

£

£

£

COST

At 1 January 2025

9,334

65,465

5,363

Additions

-

753

-

Disposals

-

-

-

At 31 December 2025

9,334

66,218

5,363

DEPRECIATION

At 1 January 2025

9,334

50,840

4,167

Charge for year

-

3,232

239

Eliminated on disposal

-

-

-

At 31 December 2025

9,334

54,072

4,406

NET BOOK VALUE

At 31 December 2025

-

12,146

957

At 31 December 2024

-

14,625

1,196

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

14,267

2,691

97,120

Additions

41,761

-

42,514

Disposals

(14,267

)

-

(14,267

)

At 31 December 2025

41,761

2,691

125,367

DEPRECIATION

At 1 January 2025

14,267

2,594

81,202

Charge for year

6,264

71

9,806

Eliminated on disposal

(14,267

)

-

(14,267

)

At 31 December 2025

6,264

2,665

76,741

NET BOOK VALUE

At 31 December 2025

35,497

26

48,626

At 31 December 2024

-

97

15,918

6.

STOCKS

2025

2024

£

£

Goods for resale

724,204

631,802

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

126,533

163,709

Other debtors

60,666

20,521

187,199

184,230

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

106,030

161,752

Taxation and social security

100,600

63,127

Other creditors

24,489

27,022

231,119

251,901

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

39,799

38,458

Between one and five years

127,989

145,428

167,788

183,886

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

Included in other creditors is £11,828.53 owed to two of the directors (2024: £3,114). The loans are interest free without any formal repayment terms.