Company Registration No. 10649935 (England and Wales)
Sidgrove Limited
Unaudited accounts
for the year ended 31 March 2024
Sidgrove Limited
Unaudited accounts
Contents
Sidgrove Limited
Company Information
for the year ended 31 March 2024
Company Number
10649935 (England and Wales)
Registered Office
86-90 Paul Street
London
EC2A 4NE
United Kingdom
Sidgrove Limited
Statement of financial position
as at 31 March 2024
Tangible assets
16,970
20,607
Cash at bank and in hand
23,177
33,093
Creditors: amounts falling due within one year
(28,773)
(57,877)
Net current assets/(liabilities)
9,042
(1,752)
Total assets less current liabilities
26,012
18,855
Creditors: amounts falling due after more than one year
(2,986)
(5,546)
Provisions for liabilities
Deferred tax
(3,223)
(3,904)
Called up share capital
1
1
Profit and loss account
19,802
9,404
Shareholders' funds
19,803
9,405
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 director acknowledges his 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 and authorised for issue on 15 November 2024 and were signed on its behalf by
David Sellick
Director
Company Registration No. 10649935
Sidgrove Limited
Notes to the Accounts
for the year ended 31 March 2024
Sidgrove Limited is a private company, limited by shares, registered in England and Wales, registration number 10649935. The registered office is 86-90 Paul Street, London, EC2A 4NE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
Straight Line Over 3 Years
Fixtures & fittings
Straight Line Over 4 Years
Computer equipment
Straight Line Over 3 Years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
16,391
4,708
33,778
54,877
Additions
2,510
-
5,534
8,044
At 31 March 2024
18,901
4,708
39,312
62,921
At 1 April 2023
10,146
730
23,394
34,270
Charge for the year
4,110
1,177
6,394
11,681
At 31 March 2024
14,256
1,907
29,788
45,951
At 31 March 2024
4,645
2,801
9,524
16,970
At 31 March 2023
6,245
3,978
10,384
20,607
Amounts falling due within one year
Trade debtors
14,638
23,032
Sidgrove Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,560
2,560
Taxes and social security
25,265
9,381
Loans from directors
541
44,620
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
Loans from Directors:
At the Balance Sheet date £541 (2023: £44,620) was owed to the director in respect of expenses paid on behalf of the company and other amounts due from the company. The total balance is unsecured, interest-free & repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).