SIMETRICA-JACOBS LTD

SIMETRICA-JACOBS LTD

SIMETRICA-JACOBS LTD - Company Information

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SIMETRICA-JACOBS LTD

Company Registration Number:
09035322 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2020

Period of accounts

Start date: 01 October 2019

End date: 30 September 2020

SIMETRICA-JACOBS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2020

Balance sheet
Notes

SIMETRICA-JACOBS LTD

Balance sheet

As at 30 September 2020


Notes
2020
6 months to 30 September 2019


£
£
Fixed assets
Tangible assets: 3 50,488 46,530
Total fixed assets: 50,488 46,530
Current assets
Debtors:   596,731 488,201
Cash at bank and in hand: 318,315 85,588
Total current assets: 915,046 573,789
Creditors: amounts falling due within one year: 4 (218,188) (372,026)
Net current assets (liabilities): 696,858 201,763
Total assets less current liabilities: 747,346 248,293
Creditors: amounts falling due after more than one year: 5 (707,555)
Provision for liabilities: (9,593) (8,841)
Total net assets (liabilities): 30,198 239,452
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 30,098 239,352
Shareholders funds: 30,198 239,452

The notes form part of these financial statements

SIMETRICA-JACOBS LTD

Balance sheet statements

For the year ending 30 September 2020 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 29 June 2021
and signed on behalf of the board by:

Name: Daniel Fujiwara
Status: Director

The notes form part of these financial statements

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

1. Accounting policies

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

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

2. Employees

2020 6 months to 30 September 2019
Average number of employees during the period 26 21

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

3. Tangible Assets

Total
Cost £
At 01 October 2019 65,369
Additions 22,295
At 30 September 2020 87,664
Depreciation
At 01 October 2019 18,839
Charge for year 18,337
At 30 September 2020 37,176
Net book value
At 30 September 2020 50,488
At 30 September 2019 46,530

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

4. Creditors: amounts falling due within one year note

218188

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

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

707555

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

6. Loans to directors

The amounts due after more than one year represents a loan of £400000 from Jacobs UK Limited and of £400000 from Mr D Fujiwara both shareholders in the company. The term of the loan is for 5 years @ 0% interest. This has been discounted to its present Value.

SIMETRICA-JACOBS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

7. Related party transactions

Simetrica-Jacobs Limited is a joint venture with Mr D Fujiwara and Jacobs UK Limited. On 1 October Jacobs U.K Limited bought 50% of the issued share capital of the company.