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REGISTERED NUMBER: 13098561 (England and Wales)









Financial Statements

for the Year Ended 31 December 2023

for

Sirio Trafalgar Ltd

Sirio Trafalgar Ltd (Registered number: 13098561)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sirio Trafalgar Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs S Tucci





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 13098561 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Sirio Trafalgar Ltd (Registered number: 13098561)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 3,041,756 3,041,756

CURRENT ASSETS
Debtors 5 2,852,513 2,877,303
Cash at bank and in hand 1,175 2,248
2,853,688 2,879,551
CREDITORS
Amounts falling due within one year 6 (6,315,886 ) (6,319,906 )
NET CURRENT LIABILITIES (3,462,198 ) (3,440,355 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(420,442

)

(398,599

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (421,442 ) (399,599 )
SHAREHOLDERS' FUNDS (420,442 ) (398,599 )

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

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

The director acknowledges her 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 13 September 2024 and were signed by:





Mrs S Tucci - Director


Sirio Trafalgar Ltd (Registered number: 13098561)

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

1. STATUTORY INFORMATION

Sirio Trafalgar Ltd 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. 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.

Preparation of consolidated financial statements
The financial statements contain information about Sirio Trafalgar Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Income is recognised when the service is provided.

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 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.

Going concern
Having reviewed the company's financial forecasts and expected future cash flows, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the going concern basis has been adopted in preparing the financial statements for the year ended 31 December 2023.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Sirio Trafalgar Ltd (Registered number: 13098561)

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 3,041,756
NET BOOK VALUE
At 31 December 2023 3,041,756
At 31 December 2022 3,041,756

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,738 -
Other debtors 2,849,775 2,877,303
2,852,513 2,877,303

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 127 6,499
Other creditors 6,315,759 6,313,407
6,315,886 6,319,906

7. RELATED PARTY DISCLOSURES

Included within other creditors at the year end is an amount of £5,218,769 (2022: £5,599,013) due to the director and sole shareholder Mrs S Tucci. This amount has been provided unsecured, interest free and is repayable on demand.