Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-3112023-01-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07425684 2023-01-01 2023-12-31 07425684 2022-01-01 2022-12-31 07425684 2023-12-31 07425684 2022-12-31 07425684 c:Director1 2023-01-01 2023-12-31 07425684 c:RegisteredOffice 2023-01-01 2023-12-31 07425684 d:CurrentFinancialInstruments 2023-12-31 07425684 d:CurrentFinancialInstruments 2022-12-31 07425684 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07425684 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07425684 d:ShareCapital 2023-12-31 07425684 d:ShareCapital 2022-12-31 07425684 d:SharePremium 2023-12-31 07425684 d:SharePremium 2022-12-31 07425684 d:RetainedEarningsAccumulatedLosses 2023-12-31 07425684 d:RetainedEarningsAccumulatedLosses 2022-12-31 07425684 c:FRS102 2023-01-01 2023-12-31 07425684 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07425684 c:FullAccounts 2023-01-01 2023-12-31 07425684 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07425684 d:Subsidiary1 2023-01-01 2023-12-31 07425684 d:Subsidiary1 1 2023-01-01 2023-12-31 07425684 2 2023-01-01 2023-12-31 07425684 6 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 07425684


SIDAN LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2023

 
SIDAN LIMITED
 
 
COMPANY INFORMATION


Director
D Jones 




Registered number
07425684



Registered office
8th Floor
Becket House

36 Old Jewry

London

EC2R 8DD




Accountants
Elman Wall Limited
Accountants

8th Floor

Becket House

36 Old Jewry

London

EC2R 8DD





 
SIDAN LIMITED
 

CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 
SIDAN LIMITED
REGISTERED NUMBER: 07425684

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
409,275
409,275

  
409,275
409,275

Current assets
  

Cash at bank and in hand
 5 
25,014
8,863

  
25,014
8,863

Creditors: amounts falling due within one year
 6 
(262)
-

Net current assets
  
 
 
24,752
 
 
8,863

Total assets less current liabilities
  
434,027
418,138

  

Net assets
  
434,027
418,138


Capital and reserves
  

Called up share capital 
  
2
2

Share premium account
  
304,500
304,500

Profit and loss account
  
129,525
113,636

  
434,027
418,138


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 





D Jones
Director
Page 1

 
SIDAN LIMITED
REGISTERED NUMBER: 07425684
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023


Date: 25 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SIDAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Sidan Limited is a private company limited by shares registered in England and Wales, United Kingdom. 
The registered office address is; 8th Floor, Becket House, 36 Old Jewry, London, EC2R 8DD.
The nature of the company's operations and principal activities are that of consultancy services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
SIDAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 January 2023
383,775
25,500
409,275



At 31 December 2023
383,775
25,500
409,275





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Principal activity

Class of shares

Holding

Angelfish Limited
Tour Operator
Ordinary
100%

The aggregate of the share capital and reserves as at 31 December 2023 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Angelfish Limited
484,872
93,604

Page 4

 
SIDAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
25,014
8,863

25,014
8,863



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
262
-

262
-



7.


Controlling party

The controlling party is D Jones by virtue of his shareholding.

 
Page 5