ACCOUNTS - Final Accounts

Registered number: 03899313

SIRS PRODUCTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

SIRS PRODUCTS LIMITED

REGISTERED NUMBER: 03899313

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		251,001		251,001
			251,001		251,001
Current assets
Debtors: amounts falling due within one year	5	1,617		1,617
		1,617		1,617
Creditors: amounts falling due within one year	6	(1,390)		(1,390)
Net current assets			227		227
Total assets less current liabilities			251,228		251,228
Creditors: amounts falling due after more than one year	7		(13,507)		(13,507)

Net assets			237,721		237,721

Capital and reserves
Called up share capital	8	1,000	1,000
Capital redemption reserve		328	328
Profit and loss account		236,393	236,393
		237,721	237,721

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SIRS PRODUCTS LIMITED

REGISTERED NUMBER: 03899313

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M E Randhawa

Director

Date: 16 December 2025

The notes on pages 3 to 5 form part of these financial statements.

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SIRS PRODUCTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

SIRS Products Limited is a private company limited by shares and incorporated in England and Wales. The registered office is Compass House, Bowes Estate, Wrotham Road, Meopham, Kent, DA13 0QB. The principal activity of the company continues to be that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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SIRS PRODUCTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	251,001
	At 31 March 2025	251,001

Debtors

					2025	2024
					£	£


Other debtors	1,617	1,617
	1,617	1,617

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Accruals and deferred income	1,390	1,390
	1,390	1,390

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Amounts owed to group undertakings	13,507	13,507
	13,507	13,507

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SIRS PRODUCTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

600 (2024 - 600) Ordinary A shares of £1.00 each	600	600
150 (2024 - 150) Ordinary D shares of £1.00 each	150	150
250 (2024 - 250) Ordinary E shares of £1.00 each	250	250

	1,000	1,000

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