Acorah Software Products - Accounts Production 16.1.300 false true true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 09989948 Mr Richard Hall true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09989948 2024-02-28 09989948 2025-02-28 09989948 2024-02-29 2025-02-28 09989948 frs-core:Non-currentFinancialInstruments 2025-02-28 09989948 frs-core:PlantMachinery 2024-02-29 2025-02-28 09989948 frs-core:ShareCapital 2025-02-28 09989948 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09989948 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 09989948 frs-bus:AbridgedAccounts 2024-02-29 2025-02-28 09989948 frs-bus:SmallEntities 2024-02-29 2025-02-28 09989948 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 09989948 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 09989948 1 2024-02-29 2025-02-28 09989948 frs-bus:Director1 2024-02-29 2025-02-28 09989948 frs-countries:EnglandWales 2024-02-29 2025-02-28 09989948 2023-02-28 09989948 2024-02-28 09989948 2023-03-01 2024-02-28 09989948 frs-core:Non-currentFinancialInstruments 2024-02-28 09989948 frs-core:ShareCapital 2024-02-28 09989948 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 09989948
Sigera Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09989948
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,471 1,839
Investment Properties 5 1,427,500 1,427,500
1,428,971 1,429,339
CURRENT ASSETS
Debtors 27,400 20,800
Investments 22,418 22,418
Cash at bank and in hand 482 20,159
50,300 63,377
Creditors: Amounts Falling Due Within One Year (372,830 ) (425,843 )
NET CURRENT ASSETS (LIABILITIES) (322,530 ) (362,466 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,106,441 1,066,873
Creditors: Amounts Falling Due After More Than One Year (1,068,472 ) (1,049,034 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,690 ) (11,690 )
NET ASSETS 26,279 6,149
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 26,179 6,049
SHAREHOLDERS' FUNDS 26,279 6,149
Page 1
Page 2
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Richard Hall
Director
21 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Sigera Limited Registered number 09989948 is a limited by shares company incorporated in England & Wales. The Registered Office is 925 Finchley Road, London, NW11 7PE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% straight line basis
2.5. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
1 1
Page 3
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4. Tangible Assets
Total
£
Cost
As at 29 February 2024 6,498
As at 28 February 2025 6,498
Depreciation
As at 29 February 2024 4,659
Provided during the period 368
As at 28 February 2025 5,027
Net Book Value
As at 28 February 2025 1,471
As at 29 February 2024 1,839
5. Investment Property
2025
£
Fair Value
As at 29 February 2024 and 28 February 2025 1,427,500
6. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts - 1,031,541
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is director by virtue of his ownership of 100% of the issued share capital in the company.
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