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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
Page
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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
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SISI (UK) Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
536 
731 
Current assets
Inventories
160,000 
160,000 
Debtors
1,020,622 
88,952 
Cash at bank and in hand
101,273 
1,117,703 
1,281,895 
1,366,655 
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 
Capital and reserves
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
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SISI (UK) Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
50,000 
At 30 June 2023
50,000 
Amortisation
At 1 July 2022
50,000 
At 30 June 2023
50,000 
Net book value
At 30 June 2023
- 
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SISI (UK) Ltd Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2022
3,897 
Additions
602 
At 30 June 2023
4,499 
Depreciation
At 1 July 2022
3,166 
Charge for the year
797 
At 30 June 2023
3,963 
Net book value
At 30 June 2023
536 
At 30 June 2022
731 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
36 
- 
Trade debtors
- 
41,876 
Other debtors
51,898 
47,076 
51,934 
88,952 
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 
£ 
£ 
VAT
47,495 
32,819 
Trade creditors
119,770 
68,190 
Taxes and social security
11,243 
91,442 
Other creditors
198 
69,930 
Loans from directors
1,081 
- 
179,787 
262,381 
8
Average number of employees
During the year the average number of employees was 8 (2022: 4).
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