Registration number: 03916392

Sitraco (UK) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Sitraco (UK) Limited

Company Information

Director

Mr Ali El Siblani

Company secretary

Mrs Jean Inskip

Registered office

Sibco House Spedding Road Fenton Industrial Estate Stoke on Trent Staffordshire ST4 2ST

Accountants

Mill House Accountancy Limited Chartered AccountantsUnit 2, The Keele Centre Three Mile Lane Keele Newcastle-under-Lyme Staffordshire ST5 5HH

Sitraco (UK) Limited

(Registration number: 03916392)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	1,320,000	1,820,000
Current assets
Debtors	5	34	1,399
Cash at bank and in hand		1,908,476	1,168,323
		1,908,510	1,169,722
Creditors: Amounts falling due within one year	6	(716,543)	(651,860)
Net current assets		1,191,967	517,862
Net assets		2,511,967	2,337,862
Capital and reserves
Called up share capital	7	1	1
Fair Value reserve		425,341	465,980
Retained earnings		2,086,625	1,871,881
Shareholders' funds		2,511,967	2,337,862

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 October 2025
 

......................................... Mr Ali El Siblani Director

Sitraco (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in Other.

The address of its registered office is:
Sibco House
Spedding Road
Fenton Industrial Estate
Stoke on Trent
Staffordshire
ST4 2ST

These financial statements were authorised for issue by the director on 20 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Sitraco (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Sitraco (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Investment properties

	2025 £
At 1 February	1,820,000
Disposals	(500,000)
At 31 January	1,320,000

The UK based properties were valued by Hammond Chartered Surveyors in November 2022 and Ayers & Cruiks in August 2023. The German peroperty valuation is based on the Diretors local knowledge and discussions with local agents.

5

Debtors

Current	2025 £	2024 £
Prepayments	34	1,399
	34	1,399

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	27,110	14,084
Accruals and deferred income	4,387	682
Other creditors	685,046	637,094
	716,543	651,860

Sitraco (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

8

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on revaluation of other assets	(40,639)	(40,639)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	(20,421)	(20,421)