Simplistic Technologies Ltd,Ltd - Accounts

SIMPLISTIC TECHNOLOGIES LTD - Company Information

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Simplistic Technologies Ltd

For the year ended 31 March 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 07583221

Contents Page

Simplistic Technologies Ltd

For the year ended 31 March 2015

Accountants' Report

Balance Sheet

Notes to the Abbreviated Financial Statements

Simplistic Technologies Ltd

Accountants' Report

For the year ended 31 March 2015

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Simplistic Technologies Ltd for the year ended 31 March 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Simplistic Technologies Ltd, as a body, in accordance with

the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the

accounts of Simplistic Technologies Ltd and state those matters that we have agreed to state to the Board of

Directors of Simplistic Technologies Ltd, as a body, in this report in accordance with the requirements of the

Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Simplistic

Technologies Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Simplistic Technologies Ltd has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Simplistic

Technologies Ltd. You consider that Simplistic Technologies Ltd is exempt from the statutory audit requirement for

the year.

Morrison Associates

24 James Street West

Bath

BA1 2BT

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Abbreviated Balance Sheet

Simplistic Technologies Ltd

As at 31 March 2015

07583221

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

1,810

Current assets

Debtors

20,397

Cash at bank and in hand

31,559

9,336

31,559

29,733

Creditors: amounts falling due within one year

(31,397)

(19,452)

(1,664)

12,107

Net current assets

Total assets less current liabilities

12,107

146

12,107

Net assets

146

Capital and reserves

Called up share capital

Profit and loss account

12,057

12,107

146

Shareholders funds

For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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 in accordance with the provisions applicable to companies subject to the small companies' regime.

Date approved by the board: 11 May 2015

Mr B S Dang Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Simplistic Technologies Ltd

For the year ended 31 March 2015

1 Accounting Policies

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

33% Straight line

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

4,689

At 01 April 2014

1,110

Additions

(5,799)

Disposals

At 31 March 2015

Depreciation

2,879

At 01 April 2014

(2,879)

Disposals

At 31 March 2015

Net book values

At 31 March 2015

1,810

At 31 March 2014

3 Share capital

Allotted called up and fully paid

2015

2014

50 Class A shares of £1.00 each

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