Simply Balanced Solutions Ltd Filleted Accounts Cover
|
|
|||||||||
Company No. 10705460
|
|||||||||
|
|||||||||
|
|||||||||
Simply Balanced Solutions Ltd Directors Report Registrar
|
The Director presents her report and the accounts for the year ended 31 March 2021.
|
|||||||||
Principal activities
|
|||||||||
|
|||||||||
Director
|
|||||||||
The Director who served at any time during the year was as follows:
|
|||||||||
A. Edward
|
|||||||||
|
|||||||||
Signed on behalf of the board
|
|||||||||
A. Edward
|
|||||||||
Director
|
|||||||||
31 March 2021
|
Simply Balanced Solutions Ltd Balance Sheet Registrar
|
at
|
|
|||||||||
Company No.
|
|
Notes
|
2021
|
2020
|
||||||
£
|
£
|
|||||||||
Fixed assets
|
||||||||||
Intangible assets
|
4
|
|
|
|||||||
Tangible assets
|
5
|
|
|
|||||||
|
|
|||||||||
Current assets
|
||||||||||
Debtors
|
6
|
|
|
|||||||
Cash at bank and in hand
|
|
|
||||||||
|
|
|||||||||
Creditors: Amount falling due within one year
|
7
|
(
|
(
|
|||||||
Net current assets
|
|
|
||||||||
Total assets less current liabilities
|
|
|
||||||||
Creditors: Amounts falling due after more than one year
|
8
|
(
|
|
|||||||
Provisions for liabilities
|
||||||||||
Deferred taxation
|
9
|
(
|
(
|
|||||||
Net assets
|
|
|
||||||||
Capital and reserves
|
||||||||||
Called up share capital
|
|
|
||||||||
Profit and loss account
|
10
|
|
|
|||||||
Total equity
|
|
|
||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
|
||||||||||
Approved by the board on 31 March 2021
|
||||||||||
And signed on its behalf by:
|
||||||||||
A. Edward
|
||||||||||
Director
|
||||||||||
31 March 2021
|
Simply Balanced Solutions Ltd Notes to the Accounts Registrar
|
for the year ended 31 March 2021
|
||||||||||||||||
1
|
General information
|
|||||||||||||||
|
||||||||||||||||
Its registered number is: 10705460
|
||||||||||||||||
Its registered office is:
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
2
|
Accounting policies
|
|||||||||||||||
|
Turnover represents bookkeeping services provided in the year, excluding Value Added Tax.
|
||||||||||||||||
|
||||||||||||||||
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.
|
||||||||||||||||
|
Tangible fixed assets
|
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|
||||||||||||||||
Fixtures and fittings - 20% on reducing balance
|
Computer equipment - 20% on reducing balance
|
||||||||||||||||
Financial Instruments
|
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.
|
||||||||||||||||
|
Creditors and provisions; Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
|
|
Taxation
|
|||||||||||||||
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it reltes 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 at the balance sheet date, except as otherwise required in the paragraphs below. Unrelieved 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. Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to a deferred tax asset or liability. |
||||||||||||||||
Pension costs and other post-retirement benefits
|
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
3
|
Employees
|
|||||||||||||||
2021
|
2020
|
|||||||||||||||
Number
|
Number
|
|||||||||||||||
The average monthly number of employees (including directors) during the year was:
|
|
|
||||||||||||||
4
|
Intangible fixed assets
|
|||||||||||||||
Goodwill
|
Total
|
|||||||||||||||
£
|
£
|
|||||||||||||||
Cost
|
||||||||||||||||
At 1 April 2020
|
|
|
||||||||||||||
At 31 March 2021
|
|
|
||||||||||||||
Amortisation and impairment
|
||||||||||||||||
At 1 April 2020
|
|
|
||||||||||||||
Charge for the year
|
|
|
||||||||||||||
At 31 March 2021
|
|
|
||||||||||||||
Net book values
|
||||||||||||||||
At 31 March 2021
|
|
|
||||||||||||||
At 31 March 2020
|
|
|
||||||||||||||
5
|
Tangible fixed assets
|
|||||||||||||||
Computer equipment
|
Fixtures, fittings and equipment
|
Total
|
||||||||||||||
£
|
£
|
£
|
||||||||||||||
Cost or revaluation
|
||||||||||||||||
At 1 April 2020
|
|
|
|
|||||||||||||
Additions
|
|
|
|
|||||||||||||
Disposals
|
(
|
|
(
|
|||||||||||||
At 31 March 2021
|
|
|
|
|||||||||||||
Depreciation
|
||||||||||||||||
At 1 April 2020
|
|
|
|
|||||||||||||
Charge for the year
|
|
|
|
|||||||||||||
Disposals
|
(
|
|
(
|
|||||||||||||
At 31 March 2021
|
|
|
|
|||||||||||||
Net book values
|
||||||||||||||||
At 31 March 2021
|
|
|
|
|||||||||||||
At 31 March 2020
|
|
|
|
|||||||||||||
6
|
Debtors
|
|||||||||||||||
2021
|
2020
|
|||||||||||||||
£
|
£
|
|||||||||||||||
Trade debtors
|
|
|
||||||||||||||
Other debtors
|
|
|
||||||||||||||
Prepayments and accrued income
|
|
|
||||||||||||||
|
|
|||||||||||||||
7
|
Creditors:
|
|||||||||||||||
amounts falling due within one year
|
||||||||||||||||
2021
|
2020
|
|||||||||||||||
£
|
£
|
|||||||||||||||
Bank loans and overdrafts
|
|
|
||||||||||||||
Trade creditors
|
|
|
||||||||||||||
Corporation tax
|
|
|
||||||||||||||
Other taxes and social security
|
|
|
||||||||||||||
Loans from directors
|
|
|
||||||||||||||
Other creditors
|
|
|
||||||||||||||
Accruals and deferred income
|
|
|
||||||||||||||
|
|
|||||||||||||||
8
|
Creditors:
|
|||||||||||||||
amounts falling due after more than one year
|
||||||||||||||||
2021
|
2020
|
|||||||||||||||
£
|
£
|
|||||||||||||||
Bank loans and overdrafts
|
|
|
||||||||||||||
|
|
|||||||||||||||
9
|
Provisions for liabilities
|
|||||||||||||||
Deferred taxation
|
||||||||||||||||
Accelerated Capital Allowances, Losses and Other Timing Differences
|
Total
|
|||||||||||||||
£
|
£
|
|||||||||||||||
At 1 April 2020
|
944
|
|
||||||||||||||
Charge to the profit and loss account for the period
|
(217)
|
(
|
||||||||||||||
At 31 March 2021
|
727
|
|
||||||||||||||
2021
|
2020
|
|||||||||||||||
£
|
£
|
|||||||||||||||
Accelerated capital allowances
|
|
|
||||||||||||||
|
|
|||||||||||||||
10
|
Reserves
|
|||||||||||||||
|
||||||||||||||||
11
|
Dividends
|
|||||||||||||||
2021
|
2020
|
|||||||||||||||
£
|
£
|
|||||||||||||||
Dividends for the period:
|
||||||||||||||||
Dividends paid in the period
|
2,667
|
20,000
|
||||||||||||||
|
20,000
|
|||||||||||||||
Dividends by type:
|
||||||||||||||||
Equity dividends
|
|
|
||||||||||||||
2,667
|
20,000
|
|||||||||||||||