Company Registration No. 11750267 (England and Wales)
Siaram Limited
Unaudited accounts
for the year ended 31 January 2023
Siaram Limited
Unaudited accounts
Contents
Siaram Limited
Company Information
for the year ended 31 January 2023
Directors
Grant Marais
Jesse Marais
Mandy Marais
Sean Marais
Company Number
11750267 (England and Wales)
Registered Office
Orchard House
47 Worminghall Road
Oakley
England
HP18 9QU
Siaram Limited
Statement of financial position
as at 31 January 2023
Tangible assets
9,485
12,997
Cash at bank and in hand
8,383
1,418
Creditors: amounts falling due within one year
(34,614)
5,394
Net current (liabilities)/assets
(4,037)
18,678
Total assets less current liabilities
5,448
31,675
Creditors: amounts falling due after more than one year
(33,782)
(38,789)
Net liabilities
(28,334)
(7,114)
Called up share capital
100
100
Profit and loss account
(28,434)
(7,214)
Shareholders' funds
(28,334)
(7,114)
For the year ending 31 January 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by
Grant Marais
Director
Company Registration No. 11750267
Siaram Limited
Notes to the Accounts
for the year ended 31 January 2023
Siaram Limited is a private company, limited by shares, registered in England and Wales, registration number 11750267. The registered office is Orchard House, 47 Worminghall Road, Oakley, England, HP18 9QU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2022
19,939
9,674
29,613
At 31 January 2023
22,952
9,674
32,626
At 1 February 2022
10,901
5,715
16,616
Charge for the year
4,590
1,935
6,525
At 31 January 2023
15,491
7,650
23,141
At 31 January 2023
7,461
2,024
9,485
At 31 January 2022
9,038
3,959
12,997
Siaram Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
22,194
10,610
Accrued income and prepayments
-
1,256
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,967
3,031
Loans from directors
20,049
(15,330)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).