SIDCO SERVICES LTD

Company Registration Number:
09993230 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

SIDCO SERVICES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SIDCO SERVICES LTD

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

Mrs Boon HUNT
Mr Simon HUNT


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 June 2025

And signed on behalf of the board by:
Name: Mr Simon HUNT
Status: Director

SIDCO SERVICES LTD

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 32,795 38,901
Gross profit(or loss): 32,795 38,901
Administrative expenses: ( 41,867 ) ( 18,691 )
Operating profit(or loss): (9,072) 20,210
Interest receivable and similar income: 200,000 200,000
Interest payable and similar charges: ( 12,000 ) ( 12,000 )
Profit(or loss) before tax: 178,928 208,210
Tax: ( 392 ) ( 2,214 )
Profit(or loss) for the financial year: 178,536 205,996

SIDCO SERVICES LTD

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,715,695 1,505,028
Total fixed assets: 1,715,695 1,505,028
Current assets
Debtors: 4 55,349
Cash at bank and in hand: 2,848 3,631
Total current assets: 58,197 3,631
Creditors: amounts falling due within one year: 5 ( 198,557 ) ( 41,710 )
Net current assets (liabilities): (140,360) (38,079)
Total assets less current liabilities: 1,575,335 1,466,949
Total net assets (liabilities): 1,575,335 1,466,949
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,574,335 1,465,949
Total Shareholders' funds: 1,575,335 1,466,949

The notes form part of these financial statements

SIDCO SERVICES LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 23 June 2025
and signed on behalf of the board by:

Name: Mr Simon HUNT
Status: Director

The notes form part of these financial statements

SIDCO SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter. Land and buildings: Freehold property - 2% straight line Plant and machinery etc.: Fixtures & fittings - 15% reducing balance

    Other accounting policies

    Taxation Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current 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. 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 historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

SIDCO SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

SIDCO SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 1,519,083 28,565 1,547,648
Additions 233,802 1,736 235,538
Disposals
Revaluations
Transfers
At 30 September 2024 1,752,885 30,301 1,783,186
Depreciation
At 1 October 2023 36,812 5,808 42,620
Charge for year 21,278 3,593 24,871
On disposals
Other adjustments
At 30 September 2024 58,090 9,401 67,491
Net book value
At 30 September 2024 1,694,795 20,900 1,715,695
At 30 September 2023 1,482,271 22,757 1,505,028

If Freehold property had not been revalued, Freehold property would have been included at the following historical cost: Cost £1,493,083 Accumulated depreciation £58,090

SIDCO SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 55,349
Total 55,349

SIDCO SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 198,557 41,710
Total 198,557 41,710