Company Registration No. 9625406 (England and Wales)
Sienda Multimedia Ltd
Unaudited accounts
for the year ended 31 December 2024
Sienda Multimedia Ltd
Unaudited accounts
Contents
Sienda Multimedia Ltd
Company Information
for the year ended 31 December 2024
Director
Mr Kieran Tyrrell
Company Number
9625406 (England and Wales)
Registered Office
Church Path Workshop
Stonepark
Ashburton
Devon
TQ13 7RH
United Kingdom
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Sienda Multimedia Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
10,896
18,205
Cash at bank and in hand
46,626
27,782
Creditors: amounts falling due within one year
(47,813)
(29,344)
Net current assets
68,210
12,480
Total assets less current liabilities
79,106
30,685
Provisions for liabilities
Deferred tax
(1,950)
(3,156)
Called up share capital
10
10
Profit and loss account
77,146
27,519
Shareholders' funds
77,156
27,529
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 March 2025 and were signed on its behalf by
Mr Kieran Tyrrell
Director
Company Registration No. 9625406
Sienda Multimedia Ltd
Notes to the Accounts
for the year ended 31 December 2024
Sienda Multimedia Ltd is a private company, limited by shares, registered in England and Wales, registration number 9625406. The registered office is Church Path Workshop , Stonepark , Ashburton, Devon, TQ13 7RH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
33.33% Straight Line
Sienda Multimedia Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
4,632
27,417
32,304
64,353
Disposals
-
(27,417)
-
(27,417)
At 31 December 2024
4,632
-
36,376
41,008
At 1 January 2024
1,852
21,933
22,363
46,148
Charge for the year
926
-
4,971
5,897
On disposals
-
(21,933)
-
(21,933)
At 31 December 2024
2,778
-
27,334
30,112
At 31 December 2024
1,854
-
9,042
10,896
At 31 December 2023
2,780
5,484
9,941
18,205
Amounts falling due within one year
Trade debtors
53,910
11,758
Accrued income and prepayments
11,547
1,683
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
17,471
4,256
Loans from directors
4,886
24,020
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).