Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 30 March 2024 30 March 2024 08027419 Mr Siddharth Sabharwal Siddharth Sabharwal true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08027419 2023-03-31 08027419 2024-03-30 08027419 2023-04-01 2024-03-30 08027419 frs-core:ShareCapital 2024-03-30 08027419 frs-core:RetainedEarningsAccumulatedLosses 2024-03-30 08027419 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-30 08027419 frs-bus:FilletedAccounts 2023-04-01 2024-03-30 08027419 frs-bus:SmallEntities 2023-04-01 2024-03-30 08027419 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-30 08027419 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-30 08027419 1 2023-04-01 2024-03-30 08027419 frs-core:UnlistedNon-exchangeTraded 2024-03-30 08027419 frs-core:UnlistedNon-exchangeTraded 2023-03-31 08027419 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 08027419 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-30 08027419 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-30 08027419 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 08027419 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-30 08027419 frs-bus:Director1 2023-04-01 2024-03-30 08027419 frs-countries:EnglandWales 2023-04-01 2024-03-30 08027419 2022-03-31 08027419 2023-03-31 08027419 2022-04-01 2023-03-31 08027419 frs-core:ShareCapital 2023-03-31 08027419 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08027419
Sidmark UK Ltd
Financial Statements
For The Year Ended 30 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08027419
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 890,680 800,240
890,680 800,240
CURRENT ASSETS
Debtors 5 - 38,820
Cash at bank and in hand 1,826 6,395
1,826 45,215
Creditors: Amounts Falling Due Within One Year 6 (63,893 ) (13,012 )
NET CURRENT ASSETS (LIABILITIES) (62,067 ) 32,203
TOTAL ASSETS LESS CURRENT LIABILITIES 828,613 832,443
NET ASSETS 828,613 832,443
CAPITAL AND RESERVES
Called up share capital 7 872,000 872,000
Profit and Loss Account (43,387 ) (39,557 )
SHAREHOLDERS' FUNDS 828,613 832,443
Page 1
Page 2
For the year ending 30 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Siddharth Sabharwal
Director
16/12/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sidmark UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08027419 . The registered office is C/O Cooper Parry' New Derwent House, 69-73 Theobalds Road, London, WC1X 8TA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
4. Investments
Unlisted
£
Cost
As at 1 April 2023 800,240
Additions 90,440
As at 30 March 2024 890,680
Provision
As at 1 April 2023 -
As at 30 March 2024 -
Net Book Value
As at 30 March 2024 890,680
As at 1 April 2023 800,240
As of balance sheet date, the compnay holds 100% share capital in Fitzroy Crossing Limited, a company incorporated in England and Wales. During the year the company acquired remaining 76% shares in Fitzroy Crossing Limited. The principal activity of the company is the construction of domestic buildings.
As of 31/03/2024, the capital and reserves of the company were £1,145,201 and loss for the year was £382,769.
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 38,820
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 63,893 13,012
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 872,000 872,000
Page 3
Page 4
8. Related Party Transactions
As of balance sheet date, Sidmark UK Limited owed £50,000 (2023: -£38,820) to Fitzroy Crossing Limited.
As of balance sheet date, Sidmark UK Limited owed £11,572 (2023: £11,572) to Sidmark Sales Pvt Ltd.
9. Ultimate Controlling Party
The parent company is Sidmark Sales Private Limited, a company incorporated in India.
The ultimate controlling party is Siddharth Sabharwal by virtue of his majority shareholding in Sdimark Sales Private Limited.
Page 4