Company Registration No. 08111432 (England and Wales)
SISI (UK) Ltd
Unaudited accounts
for the year ended 30 June 2023
SISI (UK) Ltd
Unaudited accounts
Contents
SISI (UK) Ltd
Company Information
for the year ended 30 June 2023
Directors
K B Patel
R Patel
Company Number
08111432 (England and Wales)
Registered Office
139 BRACKENBURY ROAD
LONDON
W6 0BQ
Accountants
BIZ ACCOUNTING SOLUTIONS LTD
CHARTERED CERTIFIED ACCOUNTANTS
100 Berkshire Place
Winnersh
Wokingham
RG41 5RD
SISI (UK) Ltd
Statement of financial position
as at 30 June 2023
Inventories
160,000
160,000
Cash at bank and in hand
101,273
1,117,703
Creditors: amounts falling due within one year
(179,787)
(262,381)
Net current assets
1,102,108
1,104,274
Net assets
1,102,644
1,105,005
Called up share capital
175
175
Profit and loss account
1,102,469
1,104,830
Shareholders' funds
1,102,644
1,105,005
For the year ending 30 June 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 15 March 2024 and were signed on its behalf by
K B Patel
Director
Company Registration No. 08111432
SISI (UK) Ltd
Notes to the Accounts
for the year ended 30 June 2023
SISI (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08111432. The registered office is 139 BRACKENBURY ROAD, LONDON, W6 0BQ.
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
3 years straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
SISI (UK) Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
51,898
47,076
Amounts falling due after more than one year
Amounts due from group undertakings etc.
968,688
-
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
119,770
68,190
Taxes and social security
11,243
91,442
Other creditors
198
69,930
Loans from directors
1,081
-
8
Average number of employees
During the year the average number of employees was 8 (2022: 4).