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Company Registration No. 08729272 (England and Wales)
SIMPLE INSURANCE SOLUTIONS LTD Unaudited accounts for the year ended 31 October 2025
SIMPLE INSURANCE SOLUTIONS LTD Unaudited accounts Contents
Page
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SIMPLE INSURANCE SOLUTIONS LTD Company Information for the year ended 31 October 2025
Directors
Imtiaz HUSSAIN Syed Nabil Kazmi
Company Number
08729272 (England and Wales)
Registered Office
IHK House 519-523 Hyde Road MANCHESTER M12 5FL UK
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SIMPLE INSURANCE SOLUTIONS LTD Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
784,000 
784,000 
Tangible assets
246,462 
300,564 
1,030,462 
1,084,564 
Current assets
Debtors
1,628,837 
1,521,299 
Cash at bank and in hand
35,117 
35,840 
1,663,954 
1,557,139 
Creditors: amounts falling due within one year
(989,506)
(1,039,882)
Net current assets
674,448 
517,257 
Total assets less current liabilities
1,704,910 
1,601,821 
Creditors: amounts falling due after more than one year
(119,584)
(178,670)
Net assets
1,585,326 
1,423,151 
Capital and reserves
Called up share capital
10,000 
10,000 
Revaluation reserve
784,000 
784,000 
Profit and loss account
791,326 
629,151 
Shareholders' funds
1,585,326 
1,423,151 
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 April 2026 and were signed on its behalf by
Syed Nabil Kazmi Director Company Registration No. 08729272
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SIMPLE INSURANCE SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
SIMPLE INSURANCE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08729272. The registered office is IHK House, 519-523 Hyde Road, MANCHESTER , M12 5FL, UK.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 November 2024
784,000 
At 31 October 2025
784,000 
Amortisation
At 1 November 2024
- 
At 31 October 2025
- 
Net book value
At 31 October 2025
784,000 
At 31 October 2024
784,000 
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SIMPLE INSURANCE SOLUTIONS LTD Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2024
507,182 
At 31 October 2025
507,182 
Depreciation
At 1 November 2024
206,618 
Charge for the year
54,102 
At 31 October 2025
260,720 
Net book value
At 31 October 2025
246,462 
At 31 October 2024
300,564 
6
Average number of employees
During the year the average number of employees was 15 (2024: 15).
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