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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
Page
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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
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Sienda Multimedia Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,896 
18,205 
Current assets
Debtors
69,397 
14,042 
Cash at bank and in hand
46,626 
27,782 
116,023 
41,824 
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)
Net assets
77,156 
27,529 
Capital and reserves
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
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Sienda Multimedia Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
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
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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 
Additions
- 
- 
4,072 
4,072 
Disposals
- 
(27,417)
- 
(27,417)
At 31 December 2024
4,632 
- 
36,376 
41,008 
Depreciation
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 
Net book value
At 31 December 2024
1,854 
- 
9,042 
10,896 
At 31 December 2023
2,780 
5,484 
9,941 
18,205 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,265 
601 
Trade debtors
53,910 
11,758 
Accrued income and prepayments
11,547 
1,683 
68,722 
14,042 
Amounts falling due after more than one year
Other debtors
675 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
4,381 
293 
Taxes and social security
17,471 
4,256 
Loans from directors
4,886 
24,020 
Accruals
825 
775 
Deferred income
20,250 
- 
47,813 
29,344 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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