Sydera Holdings Ltd - Filleted accounts

Registered number

14544396

Sydera Holdings Ltd

Filleted Accounts

31 December 2024

Sydera Holdings Ltd

Report to the director on the preparation of the unaudited statutory accounts of Sydera Holdings Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sydera Holdings Ltd for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
1st Cloud Accountants
1st Cloud Accountants
Chartered Certified Accountants
Analysis House
117 - 119 Sea Road
Fulwell
Sunderland
SR6 9EQ

4 July 2025

Sydera Holdings Ltd
Registered number:		14544396
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Investments	3		25,900			-

Current assets
Debtors	4	35,501			501
Cash at bank and in hand		1,363,505			212,586
		1,399,006			213,087

Creditors: amounts falling due within one year	5	(5,990)			(1,394)

Net current assets			1,393,016			211,693

Total assets less current liabilities			1,418,916			211,693

Creditors: amounts falling due after more than one year	6		(130)			-



Net assets			1,418,786			211,693

Capital and reserves
Called up share capital			120			120
Profit and loss account			1,418,666			211,573

Shareholders' funds			1,418,786			211,693

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr D Morgan
Director
Approved by the board on 11 July 2025

Sydera Holdings Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	1		1


3	Investments

Other
investments
£
	Cost
	Additions			25,900

	At 31 December 2024			25,900

	Historical cost
	At 31 December 2024			25,900



4	Debtors	2024		2023
£			£

	Other debtors	35,501		501


5	Creditors: amounts falling due within one year	2024		2023
£			£

	Directors Loan	48		180
	Taxation and social security costs	4,688		-
	Other creditors	1,254		1,214
		5,990		1,394


6	Creditors: amounts falling due after one year	2024		2023
£			£

	Trade creditors	130		-


7	Other information

	Sydera Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Quadrus Centre Woodstock Way
	Boldon Business Park
	Boldon Colliery
	NE35 9PF
	United Kingdom