1 March 2024 false No description of principal activity Taxfiler 2024.6 11825705 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11825705 2024-02-29 11825705 2024-03-01 2025-02-28 11825705 business:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 11825705 business:FilletedAccounts 2024-03-01 2025-02-28 11825705 2025-02-28 11825705 business:Director1 2024-03-01 2025-02-28 11825705 business:RegisteredOffice 2024-03-01 2025-02-28 11825705 2024-02-29 11825705 core:WithinOneYear 2025-02-28 11825705 core:WithinOneYear 2024-02-29 11825705 core:AfterOneYear 2025-02-28 11825705 core:AfterOneYear 2024-02-29 11825705 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 11825705 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 11825705 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 11825705 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 11825705 core:PreviouslyStatedAmount 2025-02-28 11825705 core:PreviouslyStatedAmount 2024-02-29 11825705 business:SmallEntities 2024-03-01 2025-02-28 11825705 countries:EnglandWales 2024-03-01 2025-02-28 11825705 core:PlantMachinery 2024-03-01 2025-02-28 11825705 core:MotorVehicles 2024-03-01 2025-02-28 11825705 core:Goodwill 2024-02-29 11825705 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 11825705 core:Goodwill 2025-02-28 11825705 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 11825705 core:PlantMachinery 2024-02-29 11825705 core:PlantMachinery 2025-02-28 11825705 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 11825705 (England and Wales)
SIGMA AUTOS LTD Unaudited accounts for the year ended 28 February 2025
SIGMA AUTOS LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
SIGMA AUTOS LTD Company Information for the year ended 28 February 2025
Director
Manishkumar Jashbhai PATEL
Company Number
11825705 (England and Wales)
Registered Office
52D KENMORE ROAD HARROW HA3 9EU ENGLAND
Accountants
P&K Associates Limited CIMA Practising Certificate Holder 183, Burntoak Broadway EDGWARE Middlesex HA8 5EH
- 3 -
SIGMA AUTOS LTD Accountants' report
Accountants' report to the director of SIGMA AUTOS LTD on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SIGMA AUTOS LTD for the year ended 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SIGMA AUTOS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SIGMA AUTOS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SIGMA AUTOS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SIGMA AUTOS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SIGMA AUTOS LTD. You consider that SIGMA AUTOS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SIGMA AUTOS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P&K Associates Limited CIMA Practising Certificate Holder 183, Burntoak Broadway EDGWARE Middlesex HA8 5EH 29 September 2025
- 4 -
SIGMA AUTOS LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
109,273
109,273
Tangible assets
5
-
633
109,273
109,906
Current assets
Inventories
1,000
2,000
Cash at bank and in hand
92,313
82,039
93,313
84,039
Creditors: amounts falling due within one year
6
(149,188)
(162,976)
Net current liabilities
(55,875)
(78,937)
Total assets less current liabilities
53,398
30,969
Creditors: amounts falling due after more than one year
7
(2,500)
(7,500)
Net assets
50,898
23,469
Capital and reserves
Called up share capital
100
100
Profit and loss account
50,798
23,369
Shareholders' funds
50,898
23,469
For the year ending 28 February 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 September 2025 and were signed on its behalf by
Manishkumar Jashbhai PATEL Director Company Registration No. 11825705
- 5 -
SIGMA AUTOS LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
SIGMA AUTOS LTD is a private company, limited by shares, registered in England and Wales, registration number 11825705. The registered office is 52D KENMORE ROAD, HARROW, HA3 9EU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20
Motor vehicles
20
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 March 2024
98,000
11,273
109,273
At 28 February 2025
98,000
11,273
109,273
Amortisation
At 1 March 2024
-
-
-
At 28 February 2025
-
-
-
Net book value
At 28 February 2025
98,000
11,273
109,273
At 29 February 2024
98,000
11,273
109,273
- 6 -
SIGMA AUTOS LTD Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 March 2024
67,226
At 28 February 2025
67,226
Depreciation
At 1 March 2024
66,593
Charge for the year
633
At 28 February 2025
67,226
Net book value
At 28 February 2025
-
At 29 February 2024
633
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,000
5,000
Obligations under finance leases and hire purchase contracts
-
5,120
Taxes and social security
9,563
11,143
Loans from directors
134,625
141,713
149,188
162,976
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,500
7,500
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -