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REGISTERED NUMBER: 05818522 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Siza Holdings Limited

Siza Holdings Limited (Registered number: 05818522)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Siza Holdings Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: A Zarbafi





REGISTERED OFFICE: 452 Manchester Road
Heaton Chapel
Stockport
SK4 5DL





REGISTERED NUMBER: 05818522 (England and Wales)





ACCOUNTANTS: Uppal & Warr
Chartered Accountants
452 Manchester Road
Heaton Chapel
Stockport
SK4 5DL

Siza Holdings Limited (Registered number: 05818522)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 654 -
Investments 5 200 300
854 300

CURRENT ASSETS
Debtors 6 1,666,867 6,054,255
Cash at bank and in hand 560 78
1,667,427 6,054,333
CREDITORS
Amounts falling due within one year 7 5,099,919 4,173,445
NET CURRENT (LIABILITIES)/ASSETS (3,432,492 ) 1,880,888
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,431,638

)

1,881,188

CREDITORS
Amounts falling due after more than one
year

8

79,572

675,014
NET (LIABILITIES)/ASSETS (3,511,210 ) 1,206,174

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 (3,511,212 ) 1,206,172
SHAREHOLDERS' FUNDS (3,511,210 ) 1,206,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Siza Holdings Limited (Registered number: 05818522)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





A Zarbafi - Director


Siza Holdings Limited (Registered number: 05818522)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Siza Holdings 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.

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 - at variable rates on reducing balance
Computer equipment - at variable rates on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Siza Holdings Limited (Registered number: 05818522)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 4,869 4,928 9,797
Additions - 872 872
At 31 December 2024 4,869 5,800 10,669
DEPRECIATION
At 1 January 2024 4,869 4,928 9,797
Charge for year - 218 218
At 31 December 2024 4,869 5,146 10,015
NET BOOK VALUE
At 31 December 2024 - 654 654
At 31 December 2023 - - -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024 225,702
Disposals (100 )
At 31 December 2024 225,602
PROVISIONS
At 1 January 2024
and 31 December 2024 225,402
NET BOOK VALUE
At 31 December 2024 200
At 31 December 2023 300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 8,100 450,290
Other debtors 1,658,767 5,603,965
1,666,867 6,054,255

Siza Holdings Limited (Registered number: 05818522)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts - 51,082
Trade creditors 102,488 219,464
Amounts owed to group undertakings 86,180 264,731
Taxation and social security 43,924 26,503
Other creditors 4,867,327 3,611,665
5,099,919 4,173,445

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 79,572 87,556
Other creditors - 587,458
79,572 675,014

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
2 Ordinary £2 2 2

10. RESERVES
Retained
earnings
£   

At 1 January 2024 1,206,172
Deficit for the year (4,717,384 )
At 31 December 2024 (3,511,212 )