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REGISTERED NUMBER: 11002177 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Senyad Limited

Senyad Limited (Registered number: 11002177)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Senyad Limited

Company Information
for the year ended 31 October 2024







DIRECTORS: Mr M J Daynes
Mrs J E Daynes
Mr B S Daynes





REGISTERED OFFICE: Pacioli House, 9 Brookfield
Duncan Close
Moulton Park
Northampton
Northamptonshire
NN3 6WL





REGISTERED NUMBER: 11002177 (England and Wales)





ACCOUNTANTS: Clifford Roberts
Chartered Accountants
Pacioli House
9 Brookfield
Duncan Close
Northampton
Northamptonshire
NN3 6WL

Senyad Limited (Registered number: 11002177)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,365 9,132

CURRENT ASSETS
Debtors 5 843 1,210
Cash at bank 6,263 12,999
7,106 14,209
CREDITORS
Amounts falling due within one year 6 27,516 47,927
NET CURRENT LIABILITIES (20,410 ) (33,718 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,045

)

(24,586

)

CREDITORS
Amounts falling due after more than one
year

7

71,974

38,880
NET LIABILITIES (89,019 ) (63,466 )

CAPITAL AND RESERVES
Called up share capital 8 102 102
Retained earnings (89,121 ) (63,568 )
SHAREHOLDERS' FUNDS (89,019 ) (63,466 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Senyad Limited (Registered number: 11002177)

Balance Sheet - continued
31 October 2024


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 Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





Mrs J E Daynes - Director


Senyad Limited (Registered number: 11002177)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Senyad Limited 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.

The company's place of business is 2 St. Benedicts Mount, Northampton, NN4 9XN.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 section 1A - "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102 section 1A") and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis.

The financial statements are presented in Sterling (£) and cover the period to 31st October each year.

Going Concern
The accounts have been prepared under the going concern basis as the company will continue to receive the support of the directors for a period of at least one year from the date of signing of the accounts.

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 represents the net invoiced revenue for netball match fees and the sponsorship of netball leagues.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Sports equipment - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at undiscounted cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at undiscounted cost.

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.


Senyad Limited (Registered number: 11002177)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Sports and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023 5,028 3,734 10,266 19,028
Disposals - - (6,400 ) (6,400 )
At 31 October 2024 5,028 3,734 3,866 12,628
DEPRECIATION
At 1 November 2023 5,028 1,073 3,795 9,896
Charge for year - 934 966 1,900
Eliminated on disposal - - (2,533 ) (2,533 )
At 31 October 2024 5,028 2,007 2,228 9,263
NET BOOK VALUE
At 31 October 2024 - 1,727 1,638 3,365
At 31 October 2023 - 2,661 6,471 9,132

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 270
Other debtors 843 940
843 1,210

Senyad Limited (Registered number: 11002177)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,363 11,891
Trade creditors 4,662 5,366
Taxation and social security 7,608 7,326
Other creditors 4,883 23,344
27,516 47,927

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 71,974 38,880

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 7,446 -

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
2 Ordinary B £1 2 2
102 102