| SRAM & MRAM TECHNOLOGIES AND RESOURCES LIMITED |
| Registered number: |
SC553331 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
1,116,800,000 |
|
|
1,116,800,000 |
| Investments |
4 |
|
|
100 |
|
|
100 |
|
|
|
|
1,116,800,100 |
|
|
1,116,800,100 |
|
| Current assets |
| Debtors |
5 |
|
1,000,000 |
|
|
1,000,000 |
|
| Creditors: amounts falling due within one year |
6 |
|
(100) |
|
|
(100) |
|
| Net current assets |
|
|
|
999,900 |
|
|
999,900 |
|
| Net assets |
|
|
|
1,117,800,000 |
|
|
1,117,800,000 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,117,800,000 |
|
|
1,117,800,000 |
|
| Shareholders' funds |
|
|
|
1,117,800,000 |
|
|
1,117,800,000 |
|
|
|
|
|
|
|
|
| The directors are 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 directors acknowledge their 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. |
|
|
|
|
| Shweta Ramesh Vaswani |
| Director |
| Approved by the board on 28 October 2025 |
|
| SRAM & MRAM TECHNOLOGIES AND RESOURCES LIMITED |
| 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). |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 January 2024 |
1,116,800,000 |
|
At 31 December 2024 |
1,116,800,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
1,116,800,000 |
|
At 31 December 2023 |
1,116,800,000 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 January 2024 |
100 |
|
|
At 31 December 2024 |
100 |
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
1,000,000 |
|
1,000,000 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other creditors |
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
SRAM & MRAM TECHNOLOGIES AND RESOURCES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Westpoint |
|
4 Redheughs Rigg |
|
South Gyle |
|
Edinburgh |
|
EH12 9DQ |