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Company Registration No. 07629741 (England and Wales)
SiR Solutions Ltd Unaudited accounts for the year ended 31 May 2024
SiR Solutions Ltd Unaudited accounts Contents
Page
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SiR Solutions Ltd Company Information for the year ended 31 May 2024
Director
M Irsara
Company Number
07629741 (England and Wales)
Registered Office
8 Fournier Street, London, England E1 6QE
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SiR Solutions Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,578 
2,578 
Tangible assets
3 
3 
Investment property
479,381 
479,381 
481,962 
481,962 
Current assets
Debtors
532,008 
323,730 
Cash at bank and in hand
3,803 
116,036 
535,811 
439,766 
Creditors: amounts falling due within one year
(30,257)
(24,073)
Net current assets
505,554 
415,693 
Net assets
987,516 
897,655 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
987,514 
897,653 
Shareholders' funds
987,516 
897,655 
For the year ending 31 May 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 20 November 2024 and were signed on its behalf by
M Irsara Director Company Registration No. 07629741
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SiR Solutions Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SiR Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07629741. The registered office is 8 Fournier Street, London,, England, E1 6QE.
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:
Plant & machinery
over 5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2023
2,578 
At 31 May 2024
2,578 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
2,578 
At 31 May 2023
2,578 
- 5 -
SiR Solutions Ltd Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
2,439 
At 31 May 2024
2,439 
Depreciation
At 1 June 2023
2,436 
At 31 May 2024
2,436 
Net book value
At 31 May 2024
3 
At 31 May 2023
3 
6
Investment property
2024 
£ 
Fair value at 1 June 2023
479,381 
At 31 May 2024
479,381 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
42 
Other debtors
532,008 
323,688 
532,008 
323,730 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
944 
4,445 
Trade creditors
79 
1,482 
Taxes and social security
28,559 
17,471 
Accruals
675 
675 
30,257 
24,073 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan account
323,688 
1,071,000 
862,680 
532,008 
323,688 
1,071,000 
862,680 
532,008 
The directors loan account was repaid in full within 9 months of the year end.
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SiR Solutions Ltd Notes to the Accounts for the year ended 31 May 2024
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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