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REGISTERED NUMBER: 06041171 (England and Wales)








SIRV LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






SIRV LIMITED (REGISTERED NUMBER: 06041171)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

SIRV LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTOR: J Brumby





REGISTERED OFFICE: 9 Cowley Road
Oxford
Oxfordshire
OX4 1HP





REGISTERED NUMBER: 06041171 (England and Wales)





ACCOUNTANTS: Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR

SIRV LIMITED (REGISTERED NUMBER: 06041171)

BALANCE SHEET
30 September 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 18,513 23,221

CURRENT ASSETS
Debtors 5 56,903 79,039
Investments 6 881,461 481,626
Cash at bank 26,692 234,123
965,056 794,788
CREDITORS
Amounts falling due within one year 7 (103,913 ) (66,307 )
NET CURRENT ASSETS 861,143 728,481
TOTAL ASSETS LESS CURRENT LIABILITIES 879,656 751,702

PROVISIONS FOR LIABILITIES (4,620 ) (5,800 )
NET ASSETS 875,036 745,902

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 875,016 745,882
SHAREHOLDERS' FUNDS 875,036 745,902

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 director acknowledges his 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.

SIRV LIMITED (REGISTERED NUMBER: 06041171)

BALANCE SHEET - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





J Brumby - Director


SIRV LIMITED (REGISTERED NUMBER: 06041171)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024


1. STATUTORY INFORMATION

SIRV 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for sale of web applications in the ordinary nature of the business, exclusive of VAT.

Tangible fixed assets
Tangible assets are stated at cost less accumulated depreciation. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - over 3 years
Motor vehicles - 25% reducing balance

On disposal, the difference between net proceeds and the carrying amount of item sold is recognised in the profit and loss account and is included in administrative expenses.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date

Current asset investments
Investments in listed company shares are remeasured to market value at each balance sheet date by the portfolio management company. Changes in fair value are recognised in the profit and loss account.

Financial instruments
Financial instruments are classified by directors as basic or non-basic following the conditions on FRS 102 Section 11. Basic financial instruments are initially measured at transaction price and subsequently recognised at amortised cost using the effective interest method. The company does not have any financial non-basic instruments.

Taxation
Current tax is the amount of corporation tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

SIRV LIMITED (REGISTERED NUMBER: 06041171)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the annual average rate of exchange for the year. Exchange differences are taken into account in arriving at the operating result.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 October 2023 55,790 9,699 65,489
Additions - 2,446 2,446
At 30 September 2024 55,790 12,145 67,935
DEPRECIATION
At 1 October 2023 37,648 4,620 42,268
Charge for year 4,536 2,618 7,154
At 30 September 2024 42,184 7,238 49,422
NET BOOK VALUE
At 30 September 2024 13,606 4,907 18,513
At 30 September 2023 18,142 5,079 23,221

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 56,903 72,134
Other debtors - 6,905
56,903 79,039

6. CURRENT ASSET INVESTMENTS
2024 2023
£ £
Listed investments 881,461 481,626

SIRV LIMITED (REGISTERED NUMBER: 06041171)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 1,020 -
Taxation and social security 57,282 52,877
Other creditors 45,611 13,430
103,913 66,307

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year amounts totalling £305,000 were advanced to the director, and repayments totalling £311,359 were made to the company.

At the year end after further funds were deposited with the company, a balance of £34,018 was owed to the director (2023: £6,359 - owed to the company). The funds borrowed by the director were subject to interest at HMRC published rates and were repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SIRV LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SIRV Limited for the year ended 30 September 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of SIRV Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SIRV Limited and state those matters that we have agreed to state to the director of SIRV Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SIRV Limited and its director for our work or for this report.

It is your duty to ensure that SIRV Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SIRV Limited. You consider that SIRV Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SIRV Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than you, who obtain access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk.






Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR


26 June 2025