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REGISTERED NUMBER: 09761444 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SISSONS LIMITED

SISSONS LIMITED (REGISTERED NUMBER: 09761444)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SISSONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Ian Richard Sissons
Bryan Leslie Sissons





REGISTERED OFFICE: Sissons House Bypass Park Estate
Sherburn In Elmet
Leeds
West Yorkshire
LS25 6EP





REGISTERED NUMBER: 09761444 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
1 Valley Court
Canal Road
Bradford
West Yorkshire
BD1 4SP

SISSONS LIMITED (REGISTERED NUMBER: 09761444)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,584 96,779
Investment property 5 6,780,578 6,780,578
6,853,162 6,877,357

CURRENT ASSETS
Debtors 6 79,250 31,604
Cash at bank and in hand 1,208,239 1,041,155
1,287,489 1,072,759
CREDITORS
Amounts falling due within one year 7 4,706,290 4,809,834
NET CURRENT LIABILITIES (3,418,801 ) (3,737,075 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,434,361

3,140,282

PROVISIONS FOR LIABILITIES 18,146 18,388
NET ASSETS 3,416,215 3,121,894

CAPITAL AND RESERVES
Called up share capital 1,587,501 1,587,501
Profit and loss account 1,828,714 1,534,393
3,416,215 3,121,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SISSONS LIMITED (REGISTERED NUMBER: 09761444)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2024 and were signed on its behalf by:





Bryan Leslie Sissons - Director


SISSONS LIMITED (REGISTERED NUMBER: 09761444)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Sissons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SISSONS LIMITED (REGISTERED NUMBER: 09761444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

INCOME RECOGNITION
Revenue is recognised to the extent that is probable that the economic benefits will flow to the company and revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 20,008 132,172 152,180
DEPRECIATION
At 1 October 2023 15,162 40,239 55,401
Charge for year 1,212 22,983 24,195
At 30 September 2024 16,374 63,222 79,596
NET BOOK VALUE
At 30 September 2024 3,634 68,950 72,584
At 30 September 2023 4,846 91,933 96,779

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 6,780,578
NET BOOK VALUE
At 30 September 2024 6,780,578
At 30 September 2023 6,780,578

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 65,219 18,447
Other debtors 14,031 13,157
79,250 31,604

SISSONS LIMITED (REGISTERED NUMBER: 09761444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,044 19,547
Amounts owed to associates 4,256,459 4,358,459
Taxation and social security 143,514 125,911
Other creditors 299,273 305,917
4,706,290 4,809,834

8. RELATED PARTY DISCLOSURES

Mr Bryan Sissons has control over a majority of shares in the company through his controlling shareholding in Sissons Properties Limited, and together with his involvement in its day-to-day management, is deemed to be the controlling party for the purpose of Financial Reporting Standard No. 102.

Mr Bryan Sissons and Mr Ian Sissons are also the directors of Sissons Properties Limited, the parent company of Sissons Limited.

Creditors falling due within one year includes the following related party loan. G.W. Sissons and Son Limited £4,256,459 (2023: £4,358,459).