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REGISTERED NUMBER: 07120218 (England and Wales)















SANUK SIAM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






SANUK SIAM LIMITED (REGISTERED NUMBER: 07120218)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


SANUK SIAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: G A Gomersall



REGISTERED OFFICE: Mulberry House
2 Stone Lane
Little Humby
Grantham
Lincolnshire
NG33 4HX



REGISTERED NUMBER: 07120218 (England and Wales)



ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF



BANKERS: HSBC Bank Plc
88 Westgate
Grantham
Lincolnshire
NG31 6LF

SANUK SIAM LIMITED (REGISTERED NUMBER: 07120218)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,640 1,022

CURRENT ASSETS
Debtors 5 39,020 15,497
Cash at bank 16,823 44,691
55,843 60,188
CREDITORS
Amounts falling due within one year 6 29,285 21,292
NET CURRENT ASSETS 26,558 38,896
TOTAL ASSETS LESS CURRENT LIABILITIES 28,198 39,918

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 27,198 38,918
28,198 39,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 August 2024 and were signed by:





G A Gomersall - Director


SANUK SIAM LIMITED (REGISTERED NUMBER: 07120218)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Sanuk Siam 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
Turnover represents the fair value of consideration received for net invoiced sales of computer consultancy services, excluding value added tax. Revenue is recognised in the period in which the services are provided.

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 etc - 33% on cost

Tangible fixed assets are held at cost less accumulated depreciation.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SANUK SIAM LIMITED (REGISTERED NUMBER: 07120218)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 5,352
Additions 1,712
At 31 March 2024 7,064
DEPRECIATION
At 1 April 2023 4,330
Charge for year 1,094
At 31 March 2024 5,424
NET BOOK VALUE
At 31 March 2024 1,640
At 31 March 2023 1,022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,544 5,992
Director's current account 26,096 9,226
VAT 327 174
Prepayments 53 105
39,020 15,497

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation 26,644 19,119
Other taxes and social security 470 -
Accrued expenses 2,171 2,173
29,285 21,292

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
85,000 Ordinary A 0.01 850 850
5,000 Ordinary B 0.01 50 50
5,000 Ordinary C 0.01 50 50
5,000 Ordinary D 0.01 50 50
1,000 1,000

8. POST BALANCE SHEET EVENTS

Subsequent to the balance sheet date, dividends were approved in the sum of £23,800.