SIMPSON AND WEBB LIMITED

SIMPSON AND WEBB LIMITED

SIMPSON AND WEBB LIMITED - Company Information

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SIMPSON AND WEBB LIMITED

Company Registration Number:
02943290 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

SIMPSON AND WEBB LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2022

Balance sheet
Notes

SIMPSON AND WEBB LIMITED

Balance sheet

As at 30 September 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 5,500,374 5,507,408
Total fixed assets: 5,500,374 5,507,408
Current assets
Cash at bank and in hand: 320,623 750,556
Total current assets: 320,623 750,556
Creditors: amounts falling due within one year: 4 (711,906) (660,317)
Net current assets (liabilities): (391,283) 90,239
Total assets less current liabilities: 5,109,091 5,597,647
Creditors: amounts falling due after more than one year: 5 (442,018) (1,501,510)
Provision for liabilities: (15,248) (9,918)
Total net assets (liabilities): 4,651,825 4,086,219
Capital and reserves
Called up share capital: 1,000,100 1,000,100
Profit and loss account: 3,651,725 3,086,119
Shareholders funds: 4,651,825 4,086,219

The notes form part of these financial statements

SIMPSON AND WEBB LIMITED

Balance sheet statements

For the year ending 30 September 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 March 2023
and signed on behalf of the board by:

Name: N A Choudry
Status: Director

The notes form part of these financial statements

SIMPSON AND WEBB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable excluding discounts and value added taxes.

Tangible fixed assets and depreciation policy

Plant and machinery 15% on written down value.

SIMPSON AND WEBB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

2. Employees

2022 2021
Average number of employees during the period 34 23

SIMPSON AND WEBB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

3. Tangible Assets

Total
Cost £
At 01 October 2021 6,593,326
Additions 25,289
At 30 September 2022 6,618,615
Depreciation
At 01 October 2021 1,085,918
Charge for year 32,323
At 30 September 2022 1,118,241
Net book value
At 30 September 2022 5,500,374
At 30 September 2021 5,507,408

SIMPSON AND WEBB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Creditors: amounts falling due within one year note

2022 Bank loans and overdrafts £ 170394, Trade Creditors£ 13681, Taxation and social security £ 277264, Other Creditors£ 250567.2021 Bank loans and overdrafts £ 170394, Trade creditors £ 16608, Taxation and social security £ 141387, Other creditors£ 331928.

SIMPSON AND WEBB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

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

2022 Bank loans £ 423845, Other creditors £ 18173.2021 Bank loans £ 1413892, Other creditors £ 87618.