Simply Security Contractors Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14601611

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		375,000		-
Tangible Assets	5		12,828		28,185

			387,828		28,185
CURRENT ASSETS
Debtors	6	76,291		202,942
Cash at bank and in hand		8,830		34,452

		85,121		237,394
Creditors: Amounts Falling Due Within One Year	7	(222,634 )		(148,256 )

NET CURRENT ASSETS (LIABILITIES)			(137,513 )		89,138

TOTAL ASSETS LESS CURRENT LIABILITIES			250,315		117,323

NET ASSETS			250,315		117,323

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			250,314		117,322

SHAREHOLDERS' FUNDS			250,315		117,323

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Simply Security Contractors Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kristian De Moura Portugal

Director

22/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Simply Security Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14601611 . The registered office is C/O Spicer & Co Uk Limited, 5 Eleanors Cross, Dunstable,, Beds, United Kingdom,, LU6 1SU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

The company holds cryptocurrency assets as a long-term investment. Cryptocurrency assets are initially recognised at cost and subsequently measured at cost less accumulated impairment losses. Management monitors the market value of these assets and considers whether any indicators of impairment exist at each reporting date. Given the volatility of cryptocurrency markets, the valuation of these assets is subject to market fluctuations and uncertainty.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	over 3 years
Computer Equipment	over 5 years

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Simply Security Contractors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.8. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2025	-
Additions	375,000

As at 31 January 2026	375,000

Net Book Value
As at 31 January 2026	375,000

As at 1 February 2025	-

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Simply Security Contractors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 February 2025	45,200	1,440	46,640

As at 31 January 2026	45,200	1,440	46,640

Depreciation
As at 1 February 2025	18,083	372	18,455
Provided during the period	15,069	288	15,357

As at 31 January 2026	33,152	660	33,812

Net Book Value
As at 31 January 2026	12,048	780	12,828

As at 1 February 2025	27,117	1,068	28,185

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	51,991	38,160
Other debtors	24,300	164,782

	76,291	202,942

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	65,729	64,282
Taxation and social security	156,905	83,974

	222,634	148,256

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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