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Company Registration No. 08807551 (England and Wales)
Sibtain-Zahra Limited Unaudited accounts for the year ended 31 March 2024
Sibtain-Zahra Limited Unaudited accounts Contents
Page
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Sibtain-Zahra Limited Company Information for the year ended 31 March 2024
Directors
Dr Syed K Sibtain Dr Syeda A Zahra
Company Number
08807551 (England and Wales)
Registered Office
4 Golf Course Lane Waltham Grimsby DN37 0JN United Kingdom
Accountants
Taj - Accountants and Business Consultants Ltd 101 Brigsley Road Waltham Grimsby United Kingdom DN37 0LB
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Sibtain-Zahra Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,547 
7,906 
Current assets
Debtors
49,389 
49,389 
Cash at bank and in hand
425,695 
273,445 
475,084 
322,834 
Creditors: amounts falling due within one year
(125,477)
(84,530)
Net current assets
349,607 
238,304 
Net assets
355,154 
246,210 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
355,144 
246,200 
Shareholders' funds
355,154 
246,210 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by
Dr Syed K Sibtain Director Company Registration No. 08807551
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Sibtain-Zahra Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sibtain-Zahra Limited is a private company, limited by shares, registered in England and Wales, registration number 08807551. The registered office is 4 Golf Course Lane, Waltham, Grimsby, DN37 0JN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
16,292 
4,939 
21,231 
Additions
1,924 
2,008 
3,932 
At 31 March 2024
18,216 
6,947 
25,163 
Depreciation
At 1 April 2023
9,706 
3,619 
13,325 
Charge for the year
4,555 
1,736 
6,291 
At 31 March 2024
14,261 
5,355 
19,616 
Net book value
At 31 March 2024
3,955 
1,592 
5,547 
At 31 March 2023
6,586 
1,320 
7,906 
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Sibtain-Zahra Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
4,389 
4,389 
Other debtors
45,000 
45,000 
49,389 
49,389 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,820 
8,925 
Taxes and social security
56,657 
35,605 
Proposed dividends
60,000 
40,000 
125,477 
84,530 
7
Transactions with related parties
Dr S K Sibtain is a director and a shareholder in Karma Medical Solutions Ltd a company registered in England. At the year end the balance owing by this this company to Sibtain-Zahra Limited was £45,000 (2023 £45,000). There are no repayment terms and no interest has been charged on this balance.
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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