Company Registration No. 08729272 (England and Wales)
SIMPLE INSURANCE SOLUTIONS LTD
Unaudited accounts
for the year ended 31 October 2017
SIMPLE INSURANCE SOLUTIONS LTD
Unaudited accounts
Contents
SIMPLE INSURANCE SOLUTIONS LTD
Company Information
for the year ended 31 October 2017
Directors
Imtiaz HUSSAIN
Alan Paul WILSON
Jonathan Stuart FARNELL
Company Number
08729272 (England and Wales)
Registered Office
875 STOCKPORT ROAD
MANCHESTER
M19 3PW
UK
Accountants
Ecotax Ltd
Financial Accountants
343-A Cheetham Hill Road
Manchester
UK
M8 0SF
SIMPLE INSURANCE SOLUTIONS LTD
Statement of financial position
as at 31 October 2017
Cash at bank and in hand
75,373
27,148
Creditors: amounts falling due within one year
(94,325)
(27,246)
Net current assets
14,663
6,111
Called up share capital
10,000
10,000
Profit and loss account
4,663
(3,889)
Shareholders' funds
14,663
6,111
For the year ending 31 October 2017 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.
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.
Approved by the Board on 31 July 2018.
Imtiaz HUSSAIN
Director
Company Registration No. 08729272
SIMPLE INSURANCE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2017
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.
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.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Trade debtors
33,615
6,209
5
Creditors: amounts falling due within one year
2017
2016
Trade creditors
10,973
8,887
Taxes and social security
2,138
-
Other creditors
71,214
18,359
Loans from directors
10,000
-
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
SIMPLE INSURANCE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2017
7
Average number of employees
During the year the average number of employees was 3 (2016: 0).
