9 February 2024 false No description of principal activity Taxfiler 2024.6 15475014 business:PrivateLimitedCompanyLtd 2024-02-09 2025-02-28 15475014 2024-02-08 15475014 2024-02-09 2025-02-28 15475014 business:AuditExemptWithAccountantsReport 2024-02-09 2025-02-28 15475014 business:AbridgedAccounts 2024-02-09 2025-02-28 15475014 2025-02-28 15475014 business:Director1 2024-02-09 2025-02-28 15475014 business:RegisteredOffice 2024-02-09 2025-02-28 15475014 core:WithinOneYear 2025-02-28 15475014 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 15475014 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 15475014 core:PreviouslyStatedAmount 2025-02-28 15475014 business:SmallEntities 2024-02-09 2025-02-28 15475014 countries:EnglandWales 2024-02-09 2025-02-28 15475014 core:PlantMachinery 2024-02-09 2025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 15475014 (England and Wales)
Siam Retail Ltd Unaudited accounts for the period from 9 February 2024 to 28 February 2025
Siam Retail Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Siam Retail Ltd Company Information for the period from 9 February 2024 to 28 February 2025
Director
Sarmila Mahalingam
Company Number
15475014 (England and Wales)
Registered Office
Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA England
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Siam Retail Ltd Statement of financial position as at 28 February 2025
2025
Notes
£
Fixed assets
Intangible assets
4
60,000
Tangible assets
5
109,000
169,000
Current assets
Inventories
87,000
Cash at bank and in hand
6,145
93,145
Creditors: amounts falling due within one year
(233,760)
Net current liabilities
(140,615)
Net assets
28,385
Capital and reserves
Called up share capital
100
Profit and loss account
28,285
Shareholders' funds
28,385
For the period 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 9 November 2025 and were signed on its behalf by
Sarmila Mahalingam Director Company Registration No. 15475014
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Siam Retail Ltd Notes to the Accounts for the period from 9 February 2024 to 28 February 2025
1
Statutory information
Siam Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 15475014. The registered office is Morritt House, 54-60 Station Approach, South Ruislip, Ruislip, HA4 6SA, 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 been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Siam Retail Ltd Notes to the Accounts for the period from 9 February 2024 to 28 February 2025
4
Intangible fixed assets
Total
£
Cost
At 9 February 2024
-
Additions
60,000
At 28 February 2025
60,000
Amortisation
At 9 February 2024
-
At 28 February 2025
-
Net book value
At 28 February 2025
60,000
5
Tangible fixed assets
Total
£
Cost or valuation
At 9 February 2024
-
Additions
109,000
At 28 February 2025
109,000
Depreciation
At 28 February 2025
-
Net book value
At 28 February 2025
109,000
6
Average number of employees
During the period the average number of employees was 2.
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