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COMPANY REGISTRATION NUMBER: 04865705
Siprian Limited
Filleted Unaudited Financial Statements
31 August 2023
Siprian Limited
Statement of Financial Position
31 August 2023
2023
2022
Note
£
£
£
Current assets
Debtors
4
419,193
Cash at bank and in hand
5,255
87,510
-------
---------
5,255
506,703
Creditors: amounts falling due within one year
5
5,253
175,050
-------
---------
Net current assets
2
331,653
----
---------
Total assets less current liabilities
2
331,653
Creditors: amounts falling due after more than one year
6
9,350
----
---------
Net assets
2
322,303
----
---------
Capital and reserves
Called up share capital
2
2
Profit and loss account
322,301
----
---------
Shareholder funds
2
322,303
----
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Siprian Limited
Statement of Financial Position (continued)
31 August 2023
These financial statements were approved by the board of directors and authorised for issue on 10 October 2023 , and are signed on behalf of the board by:
Mr M Bacon
Director
Company registration number: 04865705
Siprian Limited
Notes to the Financial Statements
Year ended 31 August 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Lamorna Court, 43 Wollaton Road, Beeston, Nottingham, NG9 2NG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
4. Debtors
2023
2022
£
£
Other debtors
419,193
----
---------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
10,000
Other creditors
5,253
165,050
-------
---------
5,253
175,050
-------
---------
6. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
9,350
----
-------
7. Related party transactions
Siprian Limited had made a loan to an associated company and the balance owed at the year end was £0 (2022: £419,093). The amount of £428,373 was written off in the year. The company had also received a loan from an associated company and the balance owed at the year end was £0 (2022: £5,837). The amount of £106,323 was written off in the year. The director has made a loan to the company. The balance owing to the director at the year end was £5,110 (2022: £78,713).