IRIS Accounts Production v24.3.2.46 12221742 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122217422023-03-31122217422024-03-31122217422023-04-012024-03-31122217422021-09-30122217422021-10-012023-03-31122217422023-03-3112221742ns15:EnglandWales2023-04-012024-03-3112221742ns14:PoundSterling2023-04-012024-03-3112221742ns10:Director12023-04-012024-03-3112221742ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112221742ns10:SmallEntities2023-04-012024-03-3112221742ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112221742ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112221742ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112221742ns10:FullAccounts2023-04-012024-03-311222174212023-04-012024-03-3112221742ns10:Director22023-04-012024-03-3112221742ns10:Director32023-04-012024-03-3112221742ns10:CompanySecretary12023-04-012024-03-3112221742ns10:RegisteredOffice2023-04-012024-03-3112221742ns5:CurrentFinancialInstruments2024-03-3112221742ns5:CurrentFinancialInstruments2023-03-3112221742ns5:Non-currentFinancialInstruments2024-03-3112221742ns5:Non-currentFinancialInstruments2023-03-3112221742ns5:ShareCapital2024-03-3112221742ns5:ShareCapital2023-03-3112221742ns5:RetainedEarningsAccumulatedLosses2024-03-3112221742ns5:RetainedEarningsAccumulatedLosses2023-03-3112221742ns5:NetGoodwill2023-04-012024-03-3112221742ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112221742ns5:NetGoodwill2023-03-3112221742ns5:NetGoodwill2024-03-3112221742ns5:NetGoodwill2023-03-3112221742ns5:PlantMachinery2023-03-3112221742ns5:PlantMachinery2023-04-012024-03-3112221742ns5:PlantMachinery2024-03-3112221742ns5:PlantMachinery2023-03-3112221742ns5:CostValuation2023-03-31
REGISTERED NUMBER: 12221742 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Siyaran Ltd

Siyaran Ltd (Registered number: 12221742)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Siyaran Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: N S Patel
Mrs S M Shah
Dr N S V Patel





SECRETARY:





REGISTERED OFFICE: 6 Netherwood Road
Beaconsfield
HP9 2BE





REGISTERED NUMBER: 12221742 (England and Wales)





ACCOUNTANTS: KD Associates
72 Wembley Park Drive
Wembley
Middlesex
HA9 8HB

Siyaran Ltd (Registered number: 12221742)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 871,196 768,187
Tangible assets 5 85,385 27,986
Investments 6 154,042 154,042
1,110,623 950,215

CURRENT ASSETS
Cash at bank and in hand 260,283 159,552

CREDITORS
Amounts falling due within one year 7 427,005 345,329
NET CURRENT LIABILITIES (166,722 ) (185,777 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

943,901

764,438

CREDITORS
Amounts falling due after more than one
year

8

493,549

512,925
NET ASSETS 450,352 251,513

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 450,350 251,511
SHAREHOLDERS' FUNDS 450,352 251,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Siyaran Ltd (Registered number: 12221742)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





N S Patel - Director


Siyaran Ltd (Registered number: 12221742)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Siyaran Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Siyaran Ltd (Registered number: 12221742)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023 768,187
Additions 103,009
At 31 March 2024 871,196
NET BOOK VALUE
At 31 March 2024 871,196
At 31 March 2023 768,187

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 36,297
Additions 81,821
At 31 March 2024 118,118
DEPRECIATION
At 1 April 2023 8,311
Charge for year 24,422
At 31 March 2024 32,733
NET BOOK VALUE
At 31 March 2024 85,385
At 31 March 2023 27,986

Siyaran Ltd (Registered number: 12221742)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 154,042
NET BOOK VALUE
At 31 March 2024 154,042
At 31 March 2023 154,042

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 5,387 5,800
Taxation and social security 61,479 57,715
Other creditors 360,139 281,814
427,005 345,329

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 238,033 261,465
Hire purchase contracts 56,236 16,466
Other creditors 199,280 234,994
493,549 512,925

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 49,650 -