SIMS PROPERTIES (LINCOLN) LIMITED

Company Registration Number:
05304255 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SIMS PROPERTIES (LINCOLN) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SIMS PROPERTIES (LINCOLN) LIMITED

Company Information

for the Period Ended 31 March 2025




Registered office: 45
Wilson Street
Lincoln
England
LN1 3HZ
Company Registration Number: 05304255 (England and Wales)

SIMS PROPERTIES (LINCOLN) LIMITED

Profit and Loss Account

for the Period Ended 31 March 2025


Notes

2025
£

2024
£
Turnover 108,420 20,110
Cost of sales ( 75,000 ) ( 0 )
Gross Profit or (Loss) 33,420 20,110
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 7,419 ) ( 5,892 )
Other operating income 0 0
Operating Profit or (Loss) 26,001 14,218
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 14,668 ) ( 14,788 )
Profit or (Loss) Before Tax 11,333 ( 570 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 11,333 ( 570 )

The notes form part of these financial statements

SIMS PROPERTIES (LINCOLN) LIMITED

Balance sheet

As at 31 March 2025


Notes

2025
£

2024
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 150,000 225,000
Cash at bank and in hand: 100 125
Total current assets: 150,100 225,125
Creditors: amounts falling due within one year: 4 ( 134,578 ) ( 211,418 )
Net current assets (liabilities): 15,522 13,707
Total assets less current liabilities: 15,522 13,707
Creditors: amounts falling due after more than one year: 5 ( 15,947 ) ( 25,465 )
Total net assets (liabilities): ( 425 ) ( 11,758 )

The notes form part of these financial statements

SIMS PROPERTIES (LINCOLN) LIMITED

Balance sheet continued

As at 31 March 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 1,425 ) ( 12,758 )
Shareholders funds: ( 425 ) ( 11,758 )

For the year ending 31 March 2025 the company was entitled to exemption 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 November 2025
And Signed On Behalf Of The Board By:

Name: Paul Sims
Status: Director

The notes form part of these financial statements

SIMS PROPERTIES (LINCOLN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SIMS PROPERTIES (LINCOLN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 1 1

SIMS PROPERTIES (LINCOLN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 3. Off balance sheet disclosure

    No

SIMS PROPERTIES (LINCOLN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4.Creditors: amounts falling due within one year note


2025
£

2024
£
Bank loans and overdrafts 134,038 210,978
Other creditors 540 440
Total 134,578 211,418

SIMS PROPERTIES (LINCOLN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5.Creditors: amounts falling due after more than one year


2025
£

2024
£
Other creditors 15,947 25,465
Total 15,947 25,465