SIGMA FREIGHT SYSTEMS LIMITED

Company Registration Number:
05299132 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SIGMA FREIGHT SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SIGMA FREIGHT SYSTEMS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 5,027 7,085
Total fixed assets: 5,027 7,085
Current assets
Debtors:   146,473 95,259
Cash at bank and in hand: 181,329 210,006
Total current assets: 327,802 305,265
Creditors: amounts falling due within one year:   (213,328) (205,444)
Net current assets (liabilities): 114,474 99,821
Total assets less current liabilities: 119,501 106,906
Total net assets (liabilities): 119,501 106,906
Capital and reserves
Called up share capital: 100 100
Other reserves: 3,146 3,146
Profit and loss account: 116,255 103,660
Shareholders funds: 119,501 106,906

The notes form part of these financial statements

SIGMA FREIGHT SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 November 2024
and signed on behalf of the board by:

Name: J Course
Status: Director

The notes form part of these financial statements

SIGMA FREIGHT SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The abridged accounts have been prepared in accordance with FRS 102 Section 1A – The Financial Reporting Standards applicable in the UK and Republic of Ireland and the Companies Act 2006, including the provisions permitting an abridged profit and loss account and balance sheet to be prepared.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 20% Straight line

Other accounting policies

Rentals paid under operating leases are charged to the profit and loss account as incurred. Work in progress is valued at the lower of cost or net realisable value.

SIGMA FREIGHT SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 14 13

SIGMA FREIGHT SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 20,948
At 31 March 2024 20,948
Depreciation
At 01 April 2023 13,863
Charge for year 2,058
At 31 March 2024 15,921
Net book value
At 31 March 2024 5,027
At 31 March 2023 7,085

SIGMA FREIGHT SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: Expenses
£
Balance at 01 April 2023 936
Balance at 31 March 2024 936