0 01/08/2023 31/07/2024 2024-07-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-08-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 11066683 2023-08-01 2024-07-31 11066683 2024-07-31 11066683 2023-07-31 11066683 2022-08-01 2023-07-31 11066683 2023-07-31 11066683 2022-07-31 11066683 bus:RegisteredOffice 2023-08-01 2024-07-31 11066683 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 11066683 bus:Director1 2023-08-01 2024-07-31 11066683 core:WithinOneYear 2024-07-31 11066683 core:WithinOneYear 2023-07-31 11066683 core:ShareCapital 2024-07-31 11066683 core:ShareCapital 2023-07-31 11066683 core:RetainedEarningsAccumulatedLosses 2024-07-31 11066683 core:RetainedEarningsAccumulatedLosses 2023-07-31 11066683 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 11066683 core:Non-currentFinancialInstruments 2024-07-31 11066683 core:Non-currentFinancialInstruments 2023-07-31 11066683 bus:SmallEntities 2023-08-01 2024-07-31 11066683 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11066683 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11066683 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11066683 bus:FullAccounts 2023-08-01 2024-07-31 11066683 core:Associate1 2023-08-01 2024-07-31 11066683 core:Associate1 2022-08-01 2023-07-31 11066683 core:Associate2 2023-08-01 2024-07-31 11066683 core:Associate1 2024-07-31 11066683 core:Associate1 2023-07-31 11066683 core:Associate2 2024-07-31 11066683 core:AllAssociates 2023-08-01 2024-07-31
Company registration number: 11066683
Sigma One Holdings Limited
Unaudited filleted financial statements
31 July 2024
Sigma One Holdings Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Sigma One Holdings Limited
Directors and other information
Director Dr Richard Barsby
Company number 11066683
Registered office The Enterprise Centre
University of East Anglia
Norwich
Norfolk
NR4 7TJ
Accountants i-Accounting Solutions Ltd
The Enterprise Centre
University of East Anglia
Norwich
Norfolk
NR4 7TJ
Sigma One Holdings Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Sigma One Holdings Limited
Year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sigma One Holdings Limited for the year ended 31 July 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the director of Sigma One Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 27 August 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Sigma One Holdings Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sigma One Holdings Limited and its director as a body for our work or for this report.
It is your duty to ensure that Sigma One Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sigma One Holdings Limited. You consider that Sigma One Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Sigma One Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
i-Accounting Solutions Ltd
Chartered Certified Accountants
The Enterprise Centre
University of East Anglia
Norwich
Norfolk
NR4 7TJ
17 April 2025
Sigma One Holdings Limited
Statement of financial position
31 July 2024
2024 2023
Note £ £ £ £
Fixed assets
Investments 5 7,526 7,526
_______ _______
7,526 7,526
Current assets
Cash at bank and in hand 573 756
_______ _______
573 756
Creditors: amounts falling due
within one year 6 ( 12,466) ( 4,031)
_______ _______
Net current liabilities ( 11,893) ( 3,275)
_______ _______
Total assets less current liabilities ( 4,367) 4,251
_______ _______
Net (liabilities)/assets ( 4,367) 4,251
_______ _______
Capital and reserves
Called up share capital 7,525 7,525
Profit and loss account ( 11,892) ( 3,274)
_______ _______
Shareholders (deficit)/funds ( 4,367) 4,251
_______ _______
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 17 April 2025 , and are signed on behalf of the board by:
Dr Richard Barsby
Director
Company registration number: 11066683
Sigma One Holdings Limited
Notes to the financial statements
Year ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Enterprise Centre, University of East Anglia, Norwich, Norfolk, NR4 7TJ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).
No staff were employed in the year.
5. Investments
Shares in group undertakings and participating interests Total
£ £
Cost
At 1 August 2023 and 31 July 2024 7,526 7,526
_______ _______
Impairment
At 1 August 2023 and 31 July 2024 - -
_______ _______
Carrying amount
At 31 July 2024 7,526 7,526
_______ _______
At 31 July 2023 7,526 7,526
_______ _______
6. Creditors: amounts falling due within one year
2024 2023
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 12,082 3,671
Other creditors 384 360
_______ _______
12,466 4,031
_______ _______
7. Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value Balance owed by/(owed to)
2024 2023 2024 2023
£ £ £ £
Skyline IFE Ltd ( 411) ( 1,027) ( 4,082) ( 3,671)
Polaris Property Asset Management ( 8,000) - ( 8,000) -
_______ _______ _______ _______
Sigma One Holdings Ltd owns 100% of the ordinary share capital of Skyline IFE Ltd and Polaris Property Asset Management Ltd.