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REGISTERED NUMBER: 12291448 (England and Wales)















Audited Financial Statements for the Year Ended 31 December 2024

for

Sice Previt UK Ltd

Sice Previt UK Ltd (Registered number: 12291448)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sice Previt UK Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Ms Alice Caprio



REGISTERED OFFICE: c/o AccountsCo
47 Islington Park Street
London
N1 1QB



REGISTERED NUMBER: 12291448 (England and Wales)



SENIOR STATUTORY
AUDITOR:
Mr Simon Edrich



AUDITORS: PG & E Professional Services Ltd
Chartered Accountants & Statutory Auditor
47 Islington Park Street
London
N1 1QB

Sice Previt UK Ltd (Registered number: 12291448)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £ £
CURRENT ASSETS
Debtors 4 3,013 30,489
Cash at bank 29,605 51,489
32,618 81,978
CREDITORS
Amounts falling due within one year 5 7,696 10,250
NET CURRENT ASSETS 24,922 71,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,922

71,728

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings (25,078 ) 21,728
SHAREHOLDERS' FUNDS 24,922 71,728

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 March 2025 and were signed by:





Ms Alice Caprio - Director


Sice Previt UK Ltd (Registered number: 12291448)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sice Previt UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of the 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 entered into between two or more members of a group, provided that any subsidiary which is party to the transaction is wholly owned.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
As a result of the uncertainty related to the company's future trading activities, the director believes that it is not prudent to account for deferred tax assets nor necessary to account for deferred tax liabilities within this financial year.

Going concern
As a result of the impact of Brexit and other factors, the Company significantly reduced the scale of its operations in 2021 and paused trading completely in 2023. Consequently, the financial statements for those years highlighted a material uncertainty regarding the Company's ability to continue as a going concern. However, in late 2024, the Company's prospects improved, and in 2025 it submitted bids for several UK contracts. The director believes one or more of these bids may be successful and, as a result, the Company resumed trading in 2025. Because of these developments, the director is confident that the Company is able to continue as a going concern and, therefore, that disclosure of a material uncertainty regarding going concern is not appropriate within these accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade debtors - 21,409
Other debtors 394 1,851
Prepayments and accrued income 2,619 7,229
3,013 30,489

Sice Previt UK Ltd (Registered number: 12291448)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors 72 4,582
Social security and other taxes 1,239 619
Other creditors 2,385 1,049
Accruals and deferred income 4,000 4,000
7,696 10,250

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Simon Edrich (Senior Statutory Auditor)
for and on behalf of PG & E Professional Services Ltd

7. AUDITOR LIABILITY LIMITATION

The company has limited the maximum aggregate amount of the Auditor's Liability to the company to not more than (1) the sum of 5 times the fees payable (excluding expenses and Value Added Tax) under the Engagement Letter referable to the financial year in question, or (2) £30,000, whichever is the lesser amount.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sice Previt SPA.

The ultimate parent undertaking and controlling entity is Sice Previt SPA, a company incorporated in Italy whose registered office is Via degli Alpini 14, Segrate, Milano, 20090, Italy, which is the parent undertaking of the smallest and largest group to consolidate these financial statements. Copies of Sice Previt SPA's consolidated financial statements are available from its registered office at Via degli Alpini 14, Segrate, Milano, 20090, Italy.