Company Registration No. 04159114 (England and Wales)
Sinbar Associates Limited
Unaudited accounts
for the year ended 28 February 2025
Sinbar Associates Limited
Unaudited accounts
Contents
Sinbar Associates Limited
Company Information
for the year ended 28 February 2025
Company Number
04159114 (England and Wales)
Registered Office
Unit 10 Forest Corner Farm
Hangersley
Ringwood
Hampshire
BH24 3JW
Accountants
M. Whittingham Limited
Unit K2 Lion Works
543 Wallisdown Road
Poole
Dorset
BH12 5AD
Sinbar Associates Limited
Statement of financial position
as at 28 February 2025
Tangible assets
21,671
14,870
Investments
203,914
203,914
Cash at bank and in hand
55,536
22,106
Creditors: amounts falling due within one year
(452,245)
(460,124)
Net current assets
96,780
105,251
Total assets less current liabilities
322,365
324,035
Creditors: amounts falling due after more than one year
(4,047)
(7,574)
Net assets
318,318
316,461
Called up share capital
100
100
Profit and loss account
318,218
316,361
Shareholders' funds
318,318
316,461
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 20 November 2025 and were signed on its behalf by
J S Singh
Director
Company Registration No. 04159114
Sinbar Associates Limited
Notes to the Accounts
for the year ended 28 February 2025
Sinbar Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 04159114. The registered office is Unit 10 Forest Corner Farm, Hangersley, Ringwood, Hampshire, BH24 3JW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Sinbar Associates Limited
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
24,591
18,995
8,987
52,573
Additions
-
11,995
-
11,995
At 28 February 2025
24,591
30,990
8,987
64,568
At 1 March 2024
19,711
10,302
7,690
37,703
Charge for the year
732
4,138
324
5,194
At 28 February 2025
20,443
14,440
8,014
42,897
At 28 February 2025
4,148
16,550
973
21,671
At 29 February 2024
4,880
8,693
1,297
14,870
5
Investments
Subsidiary undertakings
Valuation at 1 March 2024
203,914
Valuation at 28 February 2025
203,914
Amounts falling due within one year
Trade debtors
416,822
428,970
Accrued income and prepayments
1,108
1,111
Other debtors
1,517
13,941
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,250
18,750
Obligations under finance leases and hire purchase contracts
2,423
1,499
Trade creditors
421,621
414,428
Taxes and social security
12,282
13,279
Sinbar Associates Limited
Notes to the Accounts
for the year ended 28 February 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,047
624
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
During the period net purchases of £214,727 were made from South Coast Fabrications Limited, a company wholly owned by the company.
The director J Singh holds 70% of the issued share capital and is deemed the ultimate controlling party.
12
Average number of employees
During the year the average number of employees was 4 (2024: 4).