REGISTERED NUMBER: 01537159 (England and Wales)

SIGMA INDUSTRIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Anson

N J Anson

SECRETARY:

Mrs J A Anson

REGISTERED OFFICE:

Unit 11 Dunlop Road

Hunt End Industrial Estate

Redditch

Worcestershire

B97 5XP

REGISTERED NUMBER:

01537159 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

96,749

76,351

CURRENT ASSETS

Stocks

75,000

93,000

Debtors

5

130,467

151,231

Cash at bank

-

300

205,467

244,531

CREDITORS

Amounts falling due within one year

6

221,692

238,627

NET CURRENT (LIABILITIES)/ASSETS

(16,225

)

5,904

TOTAL ASSETS LESS CURRENT LIABILITIES

80,524

82,255

CREDITORS

Amounts falling due after more than one year

7

118,674

78,082

NET (LIABILITIES)/ASSETS

(38,150

)

4,173

CAPITAL AND RESERVES

Called up share capital

11,012

11,012

Share premium

28,778

28,778

Capital redemption reserve

11,222

11,222

Retained earnings

(89,162

)

(46,839

)

SHAREHOLDERS' FUNDS

(38,150

)

4,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

N J Anson - Director

1.	STATUTORY INFORMATION

Sigma Industries Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis in anticipation of continued financial

support from the company shareholders.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 April 2024

244,552

Additions

32,627

Disposals

(1,494

)

At 31 March 2025

275,685

DEPRECIATION

At 1 April 2024

168,201

Charge for year

12,229

Eliminated on disposal

(1,494

)

At 31 March 2025

178,936

NET BOOK VALUE

At 31 March 2025

96,749

At 31 March 2024

76,351

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST OR VALUATION

At 1 April 2024

38,219

Additions

32,627

At 31 March 2025

70,846

DEPRECIATION

At 1 April 2024

4,140

Charge for year

5,453

At 31 March 2025

9,593

NET BOOK VALUE

At 31 March 2025

61,253

At 31 March 2024

34,079

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

121,937

118,778

Other debtors

8,530

32,453

130,467

151,231

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

294

-

Hire purchase contracts

12,897

7,024

Trade creditors

45,752

69,187

Taxation and social security

73,797

48,490

Other creditors

88,952

113,926

221,692

238,627

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

34,507

20,487

Other creditors

84,167

57,595

118,674

78,082

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdraft

294

-

Hire purchase contracts

47,404

27,511

Factoring creditor

63,703

80,189

111,401

107,700