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REGISTERED NUMBER: 06711615 (England and Wales)















MU SIGMA LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024






MU SIGMA LIMITED (REGISTERED NUMBER: 06711615)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MU SIGMA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Dhiraj Rajaram
Alokesh Das



REGISTERED OFFICE: 2 Churchill Court
58 Station Road
North Harrow
Middlesex
HA2 7SA



REGISTERED NUMBER: 06711615 (England and Wales)



INDEPENDENT AUDITORS: Albury Associates Limited
Chartered Accountants and Statutory Auditor
2nd Floor
1 Hobbs House Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX



BANKERS: Citibank, N.A.
CGC Centre
Canary Wharf
E14 5LB



ACCOUNTANTS: Auctus Accountants Limited
2 Churchill Court
58 Station Road
North Harrow
HA2 7SA

MU SIGMA LIMITED (REGISTERED NUMBER: 06711615)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 576 1,088

CURRENT ASSETS
Debtors 5 313,894 529,475
Cash at bank 144,319 81,548
458,213 611,023
CREDITORS
Amounts falling due within one year 6 132,263 335,551
NET CURRENT ASSETS 325,950 275,472
TOTAL ASSETS LESS CURRENT
LIABILITIES

326,526

276,560

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 326,426 276,460
SHAREHOLDERS' FUNDS 326,526 276,560

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:





Dhiraj Rajaram - Director


MU SIGMA LIMITED (REGISTERED NUMBER: 06711615)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Mu Sigma 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 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.

In preparing the financial statement, the company has applied certain exemptions as permitted by FRS 102.

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

Turnover represents the value of goods and services delivered during the period, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 3 years
Computer equipment - Straight line over 3 years

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

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 rate of exchange ruling at the date of transaction. 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.

MU SIGMA LIMITED (REGISTERED NUMBER: 06711615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

Cashflow statement
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to prepare cashflow statement.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2024 1,026 5,580 6,606
Additions - 521 521
At 31 December 2024 1,026 6,101 7,127
DEPRECIATION
At 1 January 2024 1,026 4,492 5,518
Charge for year - 1,033 1,033
At 31 December 2024 1,026 5,525 6,551
NET BOOK VALUE
At 31 December 2024 - 576 576
At 31 December 2023 - 1,088 1,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 88,566 60,236
Amounts owed by group undertakings 196,565 412,416
Other debtors 19,622 19,623
VAT 6,008 8,903
Accrued income - 26,215
Prepayments 3,133 2,082
313,894 529,475

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed to group undertakings - 235,645
Social security and other taxes - 8,334
Pension Plan Payable 417 -
Other creditors 85,490 34,053
Accrued expenses 46,356 57,519
132,263 335,551

MU SIGMA LIMITED (REGISTERED NUMBER: 06711615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. SECURED DEBTS

Although there was no net direct indebtedness at the year end date, all assets and entities of Mu Sigma Limited are secured by way of a Debenture dated 29 March 2022 that contains a fixed and floating charge in favour of BMO Harris Bank N.A.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1.00 100 100

9. RESERVES
Retained
earnings
£   

At 1 January 2024 276,460
Profit for the year 49,966
At 31 December 2024 326,426

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kiran Patel BA BFP FCA (Senior Statutory Auditor)
for and on behalf of Albury Associates Limited

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with other members of the group.

12. POST BALANCE SHEET EVENTS

No matters or circumstances have arisen since the year-end date that significantly affect, or are likely to affect the operations, results or state of affairs of the Company for the foreseeable future.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dhiraj Rajaram by virtue of his shareholdings in the ultimate holding company. Mu Sigma International Limited (a company registered in England) is the immediate holding company and Mu Sigma, Inc. (a company registered in USA) is the ultimate holding company.