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REGISTERED NUMBER: 10138027 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

SISA Information Security Ltd

SISA Information Security Ltd (Registered number: 10138027)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SISA Information Security Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr D Begur Shantha Murthy
Mrs U Murthy



REGISTERED OFFICE: 43 Glen Way
Leicester
LE2 5YF



REGISTERED NUMBER: 10138027 (England and Wales)



AUDITORS: A D Doshi & Co
Statutory Auditor
43 Glen Way
Leicester
LE2 5YF



BANKERS: State Bank of India UK
35 Smithford Way
Coventry
CV1 1FY

SISA Information Security Ltd (Registered number: 10138027)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 4 79,131 8,471
Prepayments and accrued income 1,247 1,745
Cash at bank 447,007 383,940
527,385 394,156
CREDITORS
Amounts falling due within one year 5 126,275 103,842
NET CURRENT ASSETS 401,110 290,314
TOTAL ASSETS LESS CURRENT
LIABILITIES

401,110

290,314

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 401,109 290,313
SHAREHOLDERS' FUNDS 401,110 290,314

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

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 and authorised for issue on 28 August 2023 and were signed on its behalf by:





Mr D Begur Shantha Murthy - Director


SISA Information Security Ltd (Registered number: 10138027)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. COMPANY INFORMATION

SISA Information Security 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
At the time of approving the financial statements, the directors has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
There is no significant doubt about the entity's ability to continue as a going concern.Thus the directors continues to adopt the going concern basis of accounting in preparing the financial statements for a period of at least twelve months from the date of the audit report.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable with in one year are recorded at the transaction price.
Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and including cash in hand, deposits held with banks.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 79,131 8,471

SISA Information Security Ltd (Registered number: 10138027)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed to group undertakings 1,478 1,478
Taxation and social security 46,617 36,493
Other creditors 78,180 65,871
126,275 103,842

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary 1 1 1

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Amit Doshi (Senior Statutory Auditor)
for and on behalf of A D Doshi & Co

8. RELATED PARTY DISCLOSURES

The directors have taken advantage of the exemption allowed by FRS 102 not to disclose transactions with entities that are included in the financial statements of Sisa Information Security Ltd because 100% of the voting rights in the company are controlled within that group and the company is included within those financial statements.

9. ULTIMATE PARENT COMPANY

The ultimate parent company is SISA Information Security Pvt Ltd, a company incorporated in India. Their registered address is No 79, Road No 9, KIADB IT Park, Arebinnamangala Village, Jala Hobli, Bengaluru, India, 562149.