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Company Registration No. 11289776 (England and Wales)
SIAM NIYOM LIMITED Unaudited accounts for the year ended 30 April 2025
SIAM NIYOM LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SIAM NIYOM LIMITED Company Information for the year ended 30 April 2025
Director
Mr Tinnakorn Chooseang
Company Number
11289776 (England and Wales)
Registered Office
347 NORWOOD ROAD WEST NORWOOD LONDON SE27 9BQ
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
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SIAM NIYOM LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
20,403
21,539
Tangible assets
5
31,477
30,745
51,880
52,284
Current assets
Inventories
1,203
1,816
Debtors
6
33,200
53,192
Cash at bank and in hand
8,889
13,319
43,292
68,327
Creditors: amounts falling due within one year
7
(26,383)
(22,868)
Net current assets
16,909
45,459
Total assets less current liabilities
68,789
97,743
Creditors: amounts falling due after more than one year
8
(68,085)
(97,283)
Net assets
704
460
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
604
360
Shareholders' funds
704
460
For the year ending 30 April 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 8 December 2025 and were signed on its behalf by
Mr Tinnakorn Chooseang Director Company Registration No. 11289776
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SIAM NIYOM LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
SIAM NIYOM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11289776. The registered office is 347 NORWOOD ROAD, WEST NORWOOD, LONDON, SE27 9BQ.
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 remained unchanged from the previous year, and also 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.
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.
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:
Land & buildings
20% Reducing Method
Plant & machinery
20% Reducing Method
Fixtures & fittings
20% Reducing Method
Computer equipment
20% Reducing Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. @4% fixed line method.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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SIAM NIYOM LIMITED Notes to the Accounts for the year ended 30 April 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 May 2024
28,402
At 30 April 2025
28,402
Amortisation
At 1 May 2024
6,863
Charge for the year
1,136
At 30 April 2025
7,999
Net book value
At 30 April 2025
20,403
At 30 April 2024
21,539
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
8,957
15,207
53,832
503
78,499
Additions
-
6,000
2,602
-
8,602
At 30 April 2025
8,957
21,207
56,434
503
87,101
Depreciation
At 1 May 2024
6,609
8,209
32,691
245
47,754
Charge for the year
470
2,600
4,748
52
7,870
At 30 April 2025
7,079
10,809
37,439
297
55,624
Net book value
At 30 April 2025
1,878
10,398
18,995
206
31,477
At 30 April 2024
2,348
6,998
21,141
258
30,745
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,851
1,905
Accrued income and prepayments
1,355
-
Other debtors
-
25,829
3,206
27,734
Amounts falling due after more than one year
Accrued income and prepayments
6,318
6,318
Other debtors
23,676
19,140
29,994
25,458
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SIAM NIYOM LIMITED Notes to the Accounts for the year ended 30 April 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
23,256
19,064
Taxes and social security
3,127
3,804
26,383
22,868
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
62,686
87,759
Taxes and social security
5,399
9,524
68,085
97,283
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mr Tinnakorn Chooseang
Director Loan
19,140
4,015
-
23,155
Interest on Loan @2.25%
-
521
-
521
19,140
4,536
-
23,676
11
Average number of employees
During the year the average number of employees was 4 (2024: 5).
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