SIDCO ENERGY SERVICES LTD

Company Registration Number:
05685917 (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 ENERGY 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 ENERGY 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

Mr Simon HUNT
Mrs Boon 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 ENERGY SERVICES LTD

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 915,175 1,015,613
Cost of sales: ( 708,159 ) ( 712,076 )
Gross profit(or loss): 207,016 303,537
Administrative expenses: ( 132,764 ) ( 127,578 )
Operating profit(or loss): 74,252 175,959
Interest payable and similar charges: ( 943 ) ( 1,153 )
Profit(or loss) before tax: 73,309 174,806
Tax: ( 17,498 ) ( 37,952 )
Profit(or loss) for the financial year: 55,811 136,854

SIDCO ENERGY SERVICES LTD

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 18,366 14,853
Total fixed assets: 18,366 14,853
Current assets
Stocks: 4 246,938 320,318
Debtors: 5 130,285 217,059
Cash at bank and in hand: 66,873 27,928
Total current assets: 444,096 565,305
Creditors: amounts falling due within one year: 6 ( 189,619 ) ( 158,412 )
Net current assets (liabilities): 254,477 406,893
Total assets less current liabilities: 272,843 421,746
Creditors: amounts falling due after more than one year: 7 ( 28,551 ) ( 34,165 )
Provision for liabilities: ( 4,263 ) ( 3,363 )
Total net assets (liabilities): 240,029 384,218
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 41,142 41,142
Profit and loss account: 198,787 342,976
Total Shareholders' funds: 240,029 384,218

The notes form part of these financial statements

SIDCO ENERGY 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 ENERGY 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.

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred 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 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 taxation 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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SIDCO ENERGY 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 ENERGY 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 101,007 4,878 34,885 140,770
Additions 7,977 7,977
Disposals
Revaluations
Transfers
At 30 September 2024 108,984 4,878 34,885 148,747
Depreciation
At 1 October 2023 94,050 2,788 29,079 125,917
Charge for year 2,234 314 1,916 4,464
On disposals
Other adjustments
At 30 September 2024 96,284 3,102 30,995 130,381
Net book value
At 30 September 2024 12,700 1,776 3,890 18,366
At 30 September 2023 6,957 2,090 5,806 14,853

SIDCO ENERGY SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 2023
£ £
Stocks 246,938 320,318
Total 246,938 320,318

SIDCO ENERGY SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 130,285 217,059
Total 130,285 217,059

SIDCO ENERGY SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 189,619 158,412
Total 189,619 158,412

SIDCO ENERGY SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 28,551 34,165
Total 28,551 34,165