Registered number
08843080
Sinckot Capital Limited
Filleted Accounts
31 January 2024
Sinckot Capital Limited
Registered number: 08843080
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 4,120 1,980
Cash at bank and in hand 45,019 69,390
49,139 71,370
Creditors: amounts falling due within one year 4 (39,645) (61,491)
Net current assets 9,494 9,879
Net assets 9,494 9,879
Capital and reserves
Called up share capital 100 100
Profit and loss account 9,394 9,779
Shareholder's funds 9,494 9,879
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Rajesh Chechani
Director
Approved by the board on 28 October 2024
Sinckot Capital Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or the interest earn on various investments made.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 4,120 -
Other debtors - 1,980
4,120 1,980
4 Creditors: amounts falling due within one year 2024 2023
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest - 19,085
Corporation tax - 1,056
Other creditors 39,645 41,350
39,645 61,491
5 Other information
Sinckot Capital Limited is a private company limited by shares and incorporated in England. Its registered office is:
Sinckot House
211 Station Road
Harrow
Middlesex
HA1 2TP
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