IRIS Accounts Production v24.2.0.383 06059878 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060598782022-11-30060598782023-11-30060598782022-12-012023-11-30060598782021-11-30060598782021-12-012022-11-30060598782022-11-3006059878ns15:EnglandWales2022-12-012023-11-3006059878ns14:PoundSterling2022-12-012023-11-3006059878ns10:Director12022-12-012023-11-3006059878ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3006059878ns10:SmallEntities2022-12-012023-11-3006059878ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3006059878ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3006059878ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3006059878ns10:FullAccounts2022-12-012023-11-3006059878ns10:RegisteredOffice2022-12-012023-11-3006059878ns5:CurrentFinancialInstruments2023-11-3006059878ns5:CurrentFinancialInstruments2022-11-3006059878ns5:ShareCapital2023-11-3006059878ns5:ShareCapital2022-11-3006059878ns5:RetainedEarningsAccumulatedLosses2023-11-3006059878ns5:RetainedEarningsAccumulatedLosses2022-11-3006059878ns5:PlantMachinery2022-12-012023-11-3006059878ns5:MotorVehicles2022-12-012023-11-3006059878ns5:ComputerEquipment2022-12-012023-11-3006059878ns5:PlantMachinery2022-11-3006059878ns5:PlantMachinery2023-11-3006059878ns5:PlantMachinery2022-11-3006059878ns5:CostValuation2022-11-3006059878ns5:RevaluationsIncreaseDecreaseInInvestments2023-11-3006059878ns5:ImpairmentReversalProvisionsForImpairmentInvestments2023-11-3006059878ns5:ForeignExchangeDifferencesIncreaseDecreaseInInvestments2023-11-3006059878ns5:CostValuation2023-11-3006059878ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3006059878ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 06059878 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Sitebox Limited

Sitebox Limited (Registered number: 06059878)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sitebox Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: J Dolan





REGISTERED OFFICE: 67 Westow Street
London
SE19 3RW





REGISTERED NUMBER: 06059878 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Sitebox Limited (Registered number: 06059878)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 59,210 53,547
Investments 6 235,118 170,222
294,328 223,769

CURRENT ASSETS
Stocks 268,400 348,550
Debtors 7 1,081,867 966,943
Cash at bank and in hand 673,499 650,116
2,023,766 1,965,609
CREDITORS
Amounts falling due within one year 8 1,744,300 1,656,768
NET CURRENT ASSETS 279,466 308,841
TOTAL ASSETS LESS CURRENT
LIABILITIES

573,794

532,610

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 573,694 532,510
SHAREHOLDERS' FUNDS 573,794 532,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 August 2024 and were signed by:



J Dolan - Director


Sitebox Limited (Registered number: 06059878)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Sitebox 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

Sitebox Limited (Registered number: 06059878)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 248,199
Additions 19,050
At 30 November 2023 267,249
DEPRECIATION
At 1 December 2022 194,652
Charge for year 13,387
At 30 November 2023 208,039
NET BOOK VALUE
At 30 November 2023 59,210
At 30 November 2022 53,547

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2022 170,222
Revaluations 62,503
Withholding tax (821 )
Fees and interest (11 )
Dividends received 3,225
At 30 November 2023 235,118
NET BOOK VALUE
At 30 November 2023 235,118
At 30 November 2022 170,222

The historical cost of the fixed investment amounted to £300,000 (2022: £300,000).

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 356,360 319,993
Amounts owed by group undertakings 546,348 452,753
Other debtors 179,159 194,197
1,081,867 966,943

Sitebox Limited (Registered number: 06059878)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 1,470,351 1,428,831
Taxation and social security 189,567 169,489
Other creditors 84,382 58,448
1,744,300 1,656,768

9. ULTIMATE PARENT COMPANY

During the financial year, Keisam Limited was the ultimate parent company.