SimAMTech Solutions Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08558716 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2022

FOR

SIMAMTECH SOLUTIONS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Simpson

REGISTERED OFFICE:

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

REGISTERED NUMBER:

08558716 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

928

338

CURRENT ASSETS

Debtors

142,878

85,018

Cash at bank

71,229

88,662

214,107

173,680

CREDITORS

Amounts falling due within one year

136,583

109,528

NET CURRENT ASSETS

77,524

64,152

TOTAL ASSETS LESS CURRENT LIABILITIES

78,452

64,490

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

78,450

64,488

SHAREHOLDERS' FUNDS

78,452

64,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 August 2023 and were signed by:

Mr A Simpson - Director

1.	STATUTORY INFORMATION

SimAMTech Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

33% on cost

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2021

3,113

Additions

1,250

At 30 June 2022

4,363

DEPRECIATION

At 1 July 2021

2,775

Charge for year

660

At 30 June 2022

3,435

NET BOOK VALUE

At 30 June 2022

928

At 30 June 2021

338

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

2

Ordinary

£1

2

2

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2022 and 30 June 2021:

2022

2021

£

£

Mr A Simpson

Balance outstanding at start of year

63,846

16,403

Amounts advanced

43,788

50,280

Amounts repaid

(6,076

)

(2,837

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

101,558

63,846