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REGISTERED NUMBER: 08132380 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Sirvana Limited

Sirvana Limited (Registered number: 08132380)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sirvana Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: J Afzal
Mrs Y Ditta





SECRETARY: F Mir





REGISTERED OFFICE: Mayfair House
4 Christchurch Way
Woking
Surrey
GU21 6BP





REGISTERED NUMBER: 08132380 (England and Wales)





ACCOUNTANTS: Turner Hampton
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Sirvana Limited (Registered number: 08132380)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 34,800 71,455
Property, plant and equipment 5 156,584 111,376
Investments 6 200,000 200,000
391,384 382,831

CURRENT ASSETS
Debtors 7 144,899 171,037
Cash at bank and in hand 67,880 25,027
212,779 196,064
CREDITORS
Amounts falling due within one year 8 (383,427 ) (296,170 )
NET CURRENT LIABILITIES (170,648 ) (100,106 )
TOTAL ASSETS LESS CURRENT LIABILITIES 220,736 282,725

CREDITORS
Amounts falling due after more than one
year

9

(87,446

)

(98,408

)
NET ASSETS 133,290 184,317

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 133,190 184,217
133,290 184,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Sirvana Limited (Registered number: 08132380)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:





J Afzal - Director


Sirvana Limited (Registered number: 08132380)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Sirvana Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Sirvana Limited (Registered number: 08132380)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 216,554
AMORTISATION
At 1 August 2022 145,099
Charge for year 36,655
At 31 July 2023 181,754
NET BOOK VALUE
At 31 July 2023 34,800
At 31 July 2022 71,455

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2022 5,557 240,760 9,992 256,309
Additions - 108,442 - 108,442
Disposals - (111,526 ) - (111,526 )
At 31 July 2023 5,557 237,676 9,992 253,225
DEPRECIATION
At 1 August 2022 4,143 130,798 9,992 144,933
Charge for year 353 15,419 - 15,772
Eliminated on disposal - (64,064 ) - (64,064 )
At 31 July 2023 4,496 82,153 9,992 96,641
NET BOOK VALUE
At 31 July 2023 1,061 155,523 - 156,584
At 31 July 2022 1,414 109,962 - 111,376

Sirvana Limited (Registered number: 08132380)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2022
and 31 July 2023 200,000
NET BOOK VALUE
At 31 July 2023 200,000
At 31 July 2022 200,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 50,300 45,526
Other debtors 94,599 125,511
144,899 171,037

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 38,030 14,186
Taxation and social security 31,696 41,904
Other creditors 313,701 240,080
383,427 296,170

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 59,171 60,327
Other creditors 28,275 38,081
87,446 98,408