Registration number:
Sirius G Limited
for the Year Ended 31 March 2024
Sirius G Limited
(Registration number: 08465225)
Balance Sheet as at 31 March 2024
Note |
2024 |
2023 |
|
Fixed assets |
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Tangible assets |
|
|
|
Current assets |
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Other financial assets |
1,294,079 |
330,000 |
|
Cash at bank and in hand |
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|
|
|
|
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Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
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Total assets less current liabilities |
|
|
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Provisions for liabilities |
( |
- |
|
Net assets |
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|
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Capital and reserves |
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Called up share capital |
|
|
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Profit and loss account |
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|
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Shareholders' funds |
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For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.
.........................................
Director
Sirius G Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
Accounting policies |
Statutory information
Sirius G Limited is a private company, limited by shares, domiciled in England and Wales, company number 08465225. The registered office is at Pegasus House, 463a Glossop Road, Sheffield, S10 2QD.
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.
Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives as follows:
Asset class |
Depreciation method and rate |
Office equipment |
33% reducing balance |
Investments
Investments in equity shares which are publicly traded or where fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Financial instruments
Sirius G Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible assets |
Office equipment |
|
Cost |
|
At 1 April 2023 |
|
At 31 March 2024 |
|
Depreciation |
|
At 1 April 2023 |
|
Charge for the year |
|
At 31 March 2024 |
|
Carrying amount |
|
At 31 March 2024 |
|
At 31 March 2023 |
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Sirius G Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)
Other financial assets |
Financial assets at fair value |
|
Current financial assets |
|
Cost |
|
At 1 April 2023 |
330,000 |
Fair value adjustments |
740,000 |
Additions |
224,079 |
At 31 March 2024 |
1,294,079 |
Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
|
Due within one year |
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Taxation and social security |
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Directors' current account |
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Accruals |
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Sirius G Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)
Share capital |
Allotted, called up and fully paid shares
2024 |
2023 |
|||
No. |
£ |
No. |
£ |
|
|
|
95 |
|
100 |
A Ordinary shares of £1 each |
5 |
5 |
- |
- |
|
|
|
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