Company Registration No. 08729272 (England and Wales)
SIMPLE INSURANCE SOLUTIONS LTD
Unaudited accounts
for the year ended 31 October 2021
SIMPLE INSURANCE SOLUTIONS LTD
Unaudited accounts
Contents
SIMPLE INSURANCE SOLUTIONS LTD
Company Information
for the year ended 31 October 2021
Directors
Imtiaz HUSSAIN
Syed Nabil Kazmi
Company Number
08729272 (England and Wales)
Registered Office
875 STOCKPORT ROAD
MANCHESTER
M19 3PW
UK
SIMPLE INSURANCE SOLUTIONS LTD
Statement of financial position
as at 31 October 2021
Intangible assets
784,000
-
Cash at bank and in hand
89,477
101,528
Creditors: amounts falling due within one year
(261,177)
(80,043)
Net current assets
186,973
153,152
Total assets less current liabilities
990,214
153,152
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net assets
940,214
103,152
Called up share capital
10,000
10,000
Revaluation reserve
784,000
-
Profit and loss account
146,214
93,152
Shareholders' funds
940,214
103,152
For the year ending 31 October 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 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 21 January 2022 and were signed on its behalf by
Syed Nabil Kazmi
Director
Company Registration No. 08729272
SIMPLE INSURANCE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2021
SIMPLE INSURANCE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08729272. The registered office is 875 STOCKPORT ROAD, MANCHESTER , M19 3PW, UK.
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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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Total
At 31 October 2021
784,000
At 31 October 2021
784,000
SIMPLE INSURANCE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2021
5
Tangible fixed assets
Total
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Average number of employees
During the year the average number of employees was 9 (2020: 7).
