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Registrar

Registration number: 11340353

Sciemus Ltd

Filleted Financial Statements

for the Period from 1 June 2023 to 30 November 2024

 

Sciemus Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

Sciemus Ltd

Company Information

Directors

M F Fisher

Registered office

28 Plumstead Road
Thorpe End
Norwich
NR13 5AJ

Auditors

Lambert Chapman LLP 3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

Sciemus Ltd

(Registration number: 11340353)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

-

-

Current assets

 

Debtors

5

1

1

Net assets

 

1

1

Capital and reserves

 

Called up share capital

6

1

1

Shareholders' funds

 

1

1



These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 March 2025
 

M F Fisher
Director

 

Sciemus Ltd

Notes to the Financial Statements for the Period from 1 June 2023 to 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 28 Plumstead Road, Thorpe End, Norwich, NR13 5AJ, England.

These financial statements were authorised for issue by the director on 25 March 2025.

2

Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Summary of disclosure exemptions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with other companies within the group.

Going concern

The director believes that preparing the accounts on a going concern basis is no longer appropriate as it is no longer trading and it is his intention to strike the company off at Companies House following the submission of these financial statements.

No adjustments arose as a result of ceasing to apply the going concern basis.

Audit report

The Independent Auditor's Report was unqualified.

We draw your attention to the accounting policy regarding the basis of preparation (note 2) which explains that the company is not trading and it is the intention of the director to strike the company off at Companies House following the submission of these financial statements.

We do not consider it appropriate to adopt the going concern basis of accounting when preparing the financial statements.

Our opinion is not modified in respect of this matter..

The name of the Senior Statutory Auditor who signed the audit report on 26 March 2025 was Lisa Greenwood FCCA , who signed for and on behalf of Lambert Chapman LLP.

 

Sciemus Ltd

Notes to the Financial Statements for the Period from 1 June 2023 to 30 November 2024

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in 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.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a payment in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0 (2023 - 0).

4

Investments

Subsidiaries

£

     

Cost or valuation

At 1 June 2023

 

-

Additions

 

30,150

Disposals

 

(30,150)

At 30 November 2024

 

-

Carrying amount

At 30 November 2024

 

-

At 31 May 2023

 

-

 

Sciemus Ltd

Notes to the Financial Statements for the Period from 1 June 2023 to 30 November 2024

Listed Investments

Cost or valuation
 

£

At 1 June 2023

-

Additions

2,300

Impairment

(2,300)

Carrying amount

At 30 November 2024

-

At 31 May 2023

-

5

Debtors

2024
£

2023
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

1

1

1

1

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

7

Parent and ultimate parent undertaking

The company's immediate parent is HSCM Bermuda Fund Ltd , incorporated in Bermuda.