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REGISTERED NUMBER: 07795701 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Sigma Technology Solutions Ltd

Sigma Technology Solutions Ltd (Registered number: 07795701)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sigma Technology Solutions Ltd

Company Information
for the year ended 30 September 2024







DIRECTORS: S J Ingley
D G Hudson





REGISTERED OFFICE: 58 Garrick Street
Liverpool
L7 4LF





REGISTERED NUMBER: 07795701 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

Sigma Technology Solutions Ltd (Registered number: 07795701)

Balance Sheet
30 September 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 198 202
Tangible assets 5 12,914 16,100
13,112 16,302

CURRENT ASSETS
Debtors 6 25,877 56,771
Cash at bank 229 3,887
26,106 60,658
CREDITORS
Amounts falling due within one year 7 (22,259 ) (32,136 )
NET CURRENT ASSETS 3,847 28,522
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,959

44,824

CREDITORS
Amounts falling due after more than one year 8 (11,408 ) (14,090 )
NET ASSETS 5,551 30,734

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 5,351 30,534
SHAREHOLDERS' FUNDS 5,551 30,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





S J Ingley - Director


Sigma Technology Solutions Ltd (Registered number: 07795701)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Sigma Technology Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
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 is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Research and development
A substantial part of the company's costs were incurred in research and development activities which were fully written off during the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

Sigma Technology Solutions Ltd (Registered number: 07795701)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Patents and
licences
£
COST
At 1 October 2023
and 30 September 2024 220
AMORTISATION
At 1 October 2023 18
Amortisation for year 4
At 30 September 2024 22
NET BOOK VALUE
At 30 September 2024 198
At 30 September 2023 202

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 October 2023 4,421 12,200 32,360 48,981
Additions 447 - 332 779
At 30 September 2024 4,868 12,200 32,692 49,760
DEPRECIATION
At 1 October 2023 2,304 3,050 27,527 32,881
Charge for year 385 2,288 1,292 3,965
At 30 September 2024 2,689 5,338 28,819 36,846
NET BOOK VALUE
At 30 September 2024 2,179 6,862 3,873 12,914
At 30 September 2023 2,117 9,150 4,833 16,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 13,650 41,793
Other debtors 12,227 14,978
25,877 56,771

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 2,444 2,444
Trade creditors - 2,200
Taxation and social security 2,427 8,635
Other creditors 17,388 18,857
22,259 32,136

Sigma Technology Solutions Ltd (Registered number: 07795701)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 11,408 14,090

9. DEFERRED TAX
£
Balance at 1 October 2023 (3,469 )
Accelerated Capital allowances (796 )
Losses (7,015 )
Balance at 30 September 2024 (11,280 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200