The Simply Group of Companies Ltd - Accounts to registrar (filleted) - small 18.2

The Simply Group of Companies Ltd - Accounts to registrar (filleted) - small 18.2

THE SIMPLY GROUP OF COMPANIES LTD - Company Information

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IRIS Accounts Production v18.3.0.592 09634440 Mr. C J Kowalik Board of Directors Mr. R P Rhodes Board of Directors Mr. M C Hall Board of Directors 1.2.17 31.1.18 31.1.18 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure096344402017-01-31096344402018-01-31096344402017-02-012018-01-31096344402016-01-31096344402016-02-012017-01-31096344402017-01-3109634440ns15:EnglandWales2017-02-012018-01-3109634440ns14:PoundSterling2017-02-012018-01-3109634440ns10:Director12017-02-012018-01-3109634440ns10:Director22017-02-012018-01-3109634440ns10:Director32017-02-012018-01-3109634440ns10:PrivateLimitedCompanyLtd2017-02-012018-01-3109634440ns10:SmallEntities2017-02-012018-01-3109634440ns10:AuditExempt-NoAccountantsReport2017-02-012018-01-3109634440ns10:SmallCompaniesRegimeForDirectorsReport2017-02-012018-01-3109634440ns10:SmallCompaniesRegimeForAccounts2017-02-012018-01-3109634440ns10:FullAccounts2017-02-012018-01-3109634440ns10:RegisteredOffice2017-02-012018-01-3109634440ns5:Non-currentFinancialInstruments2018-01-3109634440ns5:Non-currentFinancialInstruments2017-01-3109634440ns5:ShareCapital2018-01-3109634440ns5:ShareCapital2017-01-3109634440ns5:CostValuation2017-01-3109634440ns5:Subsidiary12017-02-012018-01-31096344401ns5:Subsidiary12017-02-012018-01-3109634440ns5:Subsidiary12018-01-3109634440ns5:Subsidiary12017-01-3109634440ns5:Subsidiary12016-02-012017-01-3109634440ns5:Subsidiary22017-02-012018-01-31096344403ns5:Subsidiary22017-02-012018-01-3109634440ns5:Subsidiary22018-01-3109634440ns5:Subsidiary22017-01-3109634440ns5:RetainedEarningsAccumulatedLosses2017-02-012018-01-3109634440ns5:RetainedEarningsAccumulatedLosses2018-01-31


REGISTERED NUMBER: 09634440 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2018

for

The Simply Group of Companies Ltd
The Simply Group of Companies Ltd (Registered number: 09634440)






Contents of the Financial Statements
for the Year Ended 31 January 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Simply Group of Companies Ltd

Company Information
for the Year Ended 31 January 2018







DIRECTORS: Mr. C J Kowalik
Mr. R P Rhodes
Mr. M C Hall





REGISTERED OFFICE: Mitre House
Kirkgate
Birstall
Batley
West Yorkshire
WF17 9HE





REGISTERED NUMBER: 09634440 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ
Page 1
The Simply Group of Companies Ltd (Registered number: 09634440)

Balance Sheet
31 January 2018

31.1.18 31.1.17
Notes £    £    £    £   
FIXED ASSETS
Investments 3 600 600

CURRENT ASSETS
Debtors 4 116,555 212,113
NET CURRENT ASSETS 116,555 212,113
TOTAL ASSETS LESS CURRENT
LIABILITIES
117,155
212,713

CREDITORS
Amounts falling due after more than
one year
5
116,855
212,413
NET ASSETS 300 300

CAPITAL AND RESERVES
Called up share capital 300 300
SHAREHOLDERS' FUNDS 300 300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 31 May 2018 and were signed on its
behalf by:




Mr. C J Kowalik - Director Mr. R P Rhodes - Director




Mr. M C Hall - Director


The notes form part of these financial statements

Page 2
The Simply Group of Companies Ltd (Registered number: 09634440)

Notes to the Financial Statements
for the Year Ended 31 January 2018

1. STATUTORY INFORMATION

The Simply Group of Companies 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. ACCOUNTING POLICIES

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income
or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2017
and 31 January 2018 600
NET BOOK VALUE
At 31 January 2018 600
At 31 January 2017 600

Page 3 continued...
The Simply Group of Companies Ltd (Registered number: 09634440)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018

3. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the
following:

Simply IT (GB) Limited
Registered office:
Nature of business: Computer supplies
%
Class of shares: holding
Ordinary 100.00
31.1.18 31.1.17
£    £   
Aggregate capital and reserves 54,322 212,799
Profit for the year 53,674 209,657

Simply Office Supplies (UK) Limited
Registered office:
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.1.18 31.1.17
£    £   
Aggregate capital and reserves 300 300

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Directors' loan accounts 116,555 212,113

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.18 31.1.17
£    £   
Connected company loans 116,855 212,413

6. RESERVES
Retained
earnings
£   

Profit for the year 212,151
Dividends (212,151 )
At 31 January 2018 -

Page 4 continued...
The Simply Group of Companies Ltd (Registered number: 09634440)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2018
and 31 January 2017:

31.1.1831.1.17
££
Director 1
Balance outstanding at start of year73,45025,098
Amounts advanced53,76676,742
Amounts repaid(88,316)(28,390)
Amounts written off--
Amounts waived--
Balance outstanding at end of year38,90073,450

Director 2
Balance outstanding at start of year72,68224,155
Amounts advanced48,60975,987
Amounts repaid(82,028)(27,460)
Amounts written off--
Amounts waived--
Balance outstanding at end of year39,26372,682
Director 3
Balance outstanding at start of year65,98213,738
Amounts advanced40,74979,014
Amounts repaid(68,340)(26,770)
Amounts written off--
Amounts waived--
Balance outstanding at end of year38,39165,982

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £212,151 (2017 - £75,000) were paid to the directors .

At the balance sheet date, the company owed Simply IT (GB) Limited £116,855 (2017 - £212,113) and
Simply Office Supplies (UK) Limited £300 (2017 - £300). Mr C Kowalik and Mr R Rhodes, directors
in The Simply Group of Companies Limited, are also directors in Simply IT (GB) Limited and Simply
Office Supplies (UK) Limited.

Page 5