Company registration number:
12717907
Sienna Maya Ltd
Unaudited filleted financial statements
31 July 2023
Sienna Maya Ltd
Contents
Directors and other information
Accountant's report
Statement of financial position
Notes to the financial statements
Sienna Maya Ltd
Directors and other information
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Directors |
A Goodwin |
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C Goodwin |
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Company number |
12717907 |
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Registered office |
392-394 Hoylake Road |
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Wirral |
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United Kingdom |
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CH46 6DF |
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Accountant |
Hailwood & Co. |
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392-394 Hoylake Road |
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Moreton |
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Wirral |
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CH46 6DF |
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Sienna Maya Ltd
Chartered accountant's report to the board of directors on the preparation of the
unaudited statutory financial statements of Sienna Maya Ltd
Year ended 31 July 2023
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 July 2023 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Hailwood & Co.
Chartered Accountants
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
19 February 2024
Sienna Maya Ltd
Statement of financial position
31 July 2023
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2023 |
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2022 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
436,295 |
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182,519 |
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_______ |
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_______ |
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436,295 |
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182,519 |
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Current assets |
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Cash at bank and in hand |
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2,526 |
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4,030 |
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_______ |
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_______ |
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2,526 |
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4,030 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
127,501) |
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(
56,921) |
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_______ |
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_______ |
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Net current liabilities |
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(
124,975) |
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(
52,891) |
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_______ |
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_______ |
Total assets less current liabilities |
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311,320 |
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129,628 |
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Creditors: amounts falling due |
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after more than one year |
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7 |
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(
312,543) |
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(
131,230) |
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_______ |
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Net liabilities |
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(
1,223) |
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(
1,602) |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
Profit and loss account |
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(
1,323) |
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(
1,702) |
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_______ |
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Shareholders deficit |
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(
1,223) |
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(
1,602) |
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_______ |
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_______ |
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For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
19 February 2024
, and are signed on behalf of the board by:
A Goodwin
Director
Company registration number:
12717907
Sienna Maya Ltd
Notes to the financial statements
Year ended 31 July 2023
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 392-394 Hoylake Road, Wirral, United Kingdom, CH46 6DF.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of Value Added Tax.
Taxation
Taxation represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Deferred tax is recognised in respect of any material timing differences at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: Nil).
5.
Tangible assets
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Freehold property |
Total |
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£ |
£ |
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Cost |
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At 1 August 2022 |
182,519 |
182,519 |
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Additions |
253,776 |
253,776 |
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_______ |
_______ |
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At 31 July 2023 |
436,295 |
436,295 |
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_______ |
_______ |
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Depreciation |
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At 1 August 2022 and 31 July 2023 |
- |
- |
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_______ |
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Carrying amount |
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At 31 July 2023 |
436,295 |
436,295 |
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_______ |
_______ |
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At 31 July 2022 |
182,519 |
182,519 |
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_______ |
_______ |
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6.
Creditors: amounts falling due within one year
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2023 |
2022 |
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£ |
£ |
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Other creditors |
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127,501 |
56,921 |
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_______ |
_______ |
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7.
Creditors: amounts falling due after more than one year
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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312,543 |
131,230 |
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_______ |
_______ |
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8.
Controlling party
The company is controlled by the directors whose name and shareholding are shown on the directors report.