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Sisemen Limited
Registered Number:08989369
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Sisemen Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
08989369
As at 31 December 2024
Sisemen Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
606,611
805,611
2
Financial assets
3,401
3,401
3
610,012
809,012
Current assets
Trade and other receivables
7,490
21,106
4
5,907
Cash and cash equivalents
226,150
247,256
13,397
Trade and other payables: amounts falling due within one year
(124,784)
(129,029)
5
(111,387)
118,227
Net current assets
Total assets less current liabilities
728,239
697,625
Trade and other payables: amounts falling due after more than
one year
(314,679)
(294,833)
6
-
(18,875)
Provisions for liabilities
433,406
Net assets
364,071
Capital and reserves
Called up share capital
3
3
Fair value reserve
-
99,346
Retained earnings
433,403
264,722
433,406
364,071
Shareholders' funds
For the year ended 31 December 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 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 proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
08989369
For the year ended 31 December 2024
Sisemen Limited
Statement of Financial Position Continued
Mr Chris Chance Director
These financial statements were approved and authorised for issue by the Board on 26 September 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 December 2024
Sisemen Limited
Notes to the Financial Statements
Statutory Information
Sisemen Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
08989369.
Registered address:
1 Indurent Park Norton Road
Broomhall
Worcester
England
WR5 2QR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Land and
buildings
£
Cost or valuation
At 01 January 2024
805,611
Disposals
(199,000)
At 31 December 2024
606,611
At 31 December 2024
Net book value
606,611
At 31 December 2023
805,611
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6
For the year ended 31 December 2024
Sisemen Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Shares in group and participating interests
Total
At 01 January 2024
3,401
3,401
Cost
£
£
At 31 December 2024
3,401
3,401
At 31 December 2024
Net book value
3,401
3,401
At 01 January 2024
3,401
3,401
4. Trade and other receivables
2023
2024
£
£
Trade debtors
1,456
3,301
Other debtors
19,650
4,189
7,490
21,106
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
(1)
59
Amounts owed to group undertaking and undertaking in which the company
has a participating interest
63,313
113,949
Taxation and social security
54,941
-
Other creditors
10,776
10,776
129,029
124,784
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
294,833
314,679
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7
For the year ended 31 December 2024
Sisemen Limited
Notes to the Financial Statements Continued
7. Directors advances and guarantees
At 01/01/2024
Loaned
At 31/12/2024
£
£
£
Mr Chris Chance
Director loan
18,400
-
18,400
18,400
-
18,400
8. Average number of persons employed
During the year the average number of employees was 0.
9. Transition to FRS 102
The principal accounting polices applied in the preparation of the financial statements are set out above. These policies have
been consistently applied to all the years presented, unless otherwise stated. No changes have arisen as a result of the
transition to Section 1A of Financial Reporting Standard 102.
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