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Company Registration No. 08782205 (England and Wales)
SIBAN LTD Unaudited accounts for the year ended 30 November 2024
SIBAN LTD Unaudited accounts Contents
Page
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SIBAN LTD Company Information for the year ended 30 November 2024
Director
Siphiwe SIBANDA
Company Number
08782205 (England and Wales)
Registered Office
595 YORK ROAD LEEDS LS9 6NW ENGLAND
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SIBAN LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,589 
58,070 
Investments
229,177 
59,657 
261,766 
117,727 
Current assets
Cash at bank and in hand
1,130 
57,418 
Creditors: amounts falling due within one year
(89,079)
(51,868)
Net current (liabilities)/assets
(87,949)
5,550 
Total assets less current liabilities
173,817 
123,277 
Creditors: amounts falling due after more than one year
(2,605)
- 
Net assets
171,212 
123,277 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
171,211 
123,276 
Shareholders' funds
171,212 
123,277 
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2024 and were signed on its behalf by
Siphiwe SIBANDA Director Company Registration No. 08782205
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SIBAN LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
SIBAN LTD is a private company, limited by shares, registered in England and Wales, registration number 08782205. The registered office is 595 YORK ROAD, LEEDS, LS9 6NW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
12,526 
18,398 
81,253 
2,532 
114,709 
At 30 November 2024
12,526 
18,398 
81,253 
2,532 
114,709 
Depreciation
At 1 December 2023
- 
13,770 
40,877 
1,992 
56,639 
Charge for the year
- 
4,628 
20,313 
540 
25,481 
At 30 November 2024
- 
18,398 
61,190 
2,532 
82,120 
Net book value
At 30 November 2024
12,526 
- 
20,063 
- 
32,589 
At 30 November 2023
12,526 
4,628 
40,376 
540 
58,070 
5
Investments
Other investments 
£ 
Valuation at 1 December 2023
59,657 
Additions
169,520 
Valuation at 30 November 2024
229,177 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
89,079 
51,868 
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SIBAN LTD Notes to the Accounts for the year ended 30 November 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,605 
- 
8
Average number of employees
During the year the average number of employees was 45 (2023: 45).
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