Company No: 12728066 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	7,967		82,340
Tangible assets	4	13,502		10,397
Investments	5	852		0
		22,321		92,737
Current assets
Debtors	6	436,377		552,921
Cash at bank and in hand		1,613,848		1,586,296
		2,050,225		2,139,217
Creditors: amounts falling due within one year	7	( 2,018,545)		( 2,170,229)
Net current assets/(liabilities)		31,680		(31,012)
Total assets less current liabilities		54,001		61,725
Provision for liabilities	8	( 2,681)		0
Net assets		51,320		61,725
Capital and reserves
Called-up share capital	9	14		14
Profit and loss account		51,306		61,711
Total shareholders' funds		51,320		61,725

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Sintali Ltd (registered number: 12728066) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

T Saunders Director

E Polychroniadou Director

05 December 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sintali Ltd (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is The Old Bank, 153 The Parade, High Street, Watford, WD17 1NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Comprehensive Income in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover from the supply of services is stated net of VAT and trade discounts and represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

Where a contract has only been partially completed at the Statement of Financial Position date, revenue is recognised based on the stage of completion of the contract at the Statement of Financial Position date and included in debtors as accrued income. Where payments have been received in advance of the services provided, the amounts are recorded as deferred income as part of creditors due within one year.

Employee benefits

Defined contribution schemes
The company operates a defined contribution scheme. The amount charged to the Statement of Comprehensive Income in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
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 financial statements. 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 assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost, net of amortisation and any provision for impairment. The customer lists are amortised over their estimated useful life based on the stage of progress of the underlying projects.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Fixed asset investments

Investments in subsidiaries are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

The company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans to and from related parties.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Comprehensive Income.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	16		11

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 July 2024	226,844		226,844
At 30 June 2025	226,844		226,844
Accumulated amortisation
At 01 July 2024	144,504		144,504
Charge for the financial year	74,373		74,373
At 30 June 2025	218,877		218,877
Net book value
At 30 June 2025	7,967		7,967
At 30 June 2024	82,340		82,340

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 July 2024	24,156		24,156
Additions	10,525		10,525
At 30 June 2025	34,681		34,681
Accumulated depreciation
At 01 July 2024	13,759		13,759
Charge for the financial year	7,420		7,420
At 30 June 2025	21,179		21,179
Net book value
At 30 June 2025	13,502		13,502
At 30 June 2024	10,397		10,397

5. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 July 2024	0
Additions	852
At 30 June 2025	852
Carrying value at 30 June 2025	852
Carrying value at 30 June 2024	0

Investments in shares

Name of entity	Registered office	Class of shares	Ownership 30.06.2025
Sintali Certification Services India Private Limited	H. no. 1255 D, Sector 9, Karnal, Haryana - 132001, India	Equity shares	99.90%

6. Debtors

	2025		2024
	£		£
Trade debtors	119,946		181,958
Prepayments	289,850		355,439
VAT recoverable	3,772		5,959
Corporation tax	8,926		0
Other debtors	13,883		9,565
	436,377		552,921

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	46,943		39,541
Accruals and deferred income	1,938,235		2,102,298
Corporation tax	0		14,024
Other taxation and social security	30,314		12,092
Other creditors	3,053		2,274
	2,018,545		2,170,229

8. Provision for liabilities

	Deferred taxation		Total
	£		£
At 01 July 2024	0		0
Charged to the Profit and Loss Account	2,681		2,681
At 30 June 2025	2,681		2,681

Deferred tax

	2025		2024
	£		£
Accelerated capital allowances	2,970		0
Other timing differences	( 289)		0
Provision for deferred tax	2,681		0

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,449 Ordinary shares of £ 0.01 each	14		14

10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	2,713		7,143

A new office premises lease was entered into post year end on 4 August 2025.

Pensions

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions totalling £3,053 (2024: £2,274) were payable to the fund at the Statement of Financial Position date and are included in other creditors due within one year.

11. Audit Opinion

The auditor's report on the accounts for the financial year ended 30 June 2025 was unqualified.

The audit report was signed on 8 December 2025 by Georgette Alicia Crisp BSc (Hons) FCA on behalf of MHA. MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542).