Company Registration No. 09187596 (England and Wales)
Simon Coy Limited
Unaudited accounts
for the year ended 31 December 2021
Simon Coy Limited
Unaudited accounts
Contents
Simon Coy Limited
Company Information
for the year ended 31 December 2021
Director
Simon Richard Coy
Company Number
09187596 (England and Wales)
Registered Office
36 ASHOPTON ROAD
CHESTERFIELD
DERBYSHIRE
S41 8WD
Accountants
AJS Accounting Solutions
Agility House
Mansfield Woodhouse
Mansfield
Nottinghamshire
NG19 8BA
Simon Coy Limited
Statement of financial position
as at 31 December 2021
Intangible assets
2,184
6,922
Cash at bank and in hand
5,340
13,465
Creditors: amounts falling due within one year
(25,243)
(16,783)
Net current liabilities
(18,005)
(2,085)
Total assets less current liabilities
(15,556)
5,195
Creditors: amounts falling due after more than one year
(23,500)
(30,235)
Net liabilities
(39,056)
(25,040)
Called up share capital
1
1
Profit and loss account
(39,057)
(25,041)
Shareholders' funds
(39,056)
(25,040)
For the year ending 31 December 2021 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 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 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 and authorised for issue on 29 September 2022 and were signed on its behalf by
Simon Richard Coy
Director
Company Registration No. 09187596
Simon Coy Limited
Notes to the Accounts
for the year ended 31 December 2021
Simon Coy Limited is a private company, limited by shares, registered in England and Wales, registration number 09187596. The registered office is 36 ASHOPTON ROAD, CHESTERFIELD, DERBYSHIRE, S41 8WD.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Simon Coy Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Intangible fixed assets
Goodwill
At 31 December 2021
31,128
At 31 December 2021
28,944
5
Tangible fixed assets
Computer equipment
6
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
848
458
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,611
6,325
Taxes and social security
811
1,685
Other creditors
3,867
2,400
Loans from directors
4,167
437
Deferred income
5,663
5,864
Simon Coy Limited
Notes to the Accounts
for the year ended 31 December 2021
8
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
5,200
11,580
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2020: 1).
