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Registration number: 10119191

Sigma Technical Limited
Unaudited Filleted Financial Statements
for the Period from 1 April 2025 to 28 February 2026

Sigma Technical Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Sigma Technical Limited

Company Information

Directors | Mr M J Badley Mrs H D Badley

Registered office | Unit 14 Apple Lane Exeter Devon EX2 5GL

Accountants | Thompson Jenner LLP 28 Alexandra Terrace Exmouth Devon EX8 1BD

Sigma Technical Limited

(Registration number: 10119191)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Intangible assets | 4 | - | 2,748
Tangible assets | 5 | - | 139
|  | - | 2,887
Current assets |  |  |
Debtors | 6 | 5,541 | 17,715
Cash at bank and in hand |  | 24,803 | 16,298
|  | 30,344 | 34,013
Creditors: Amounts falling due within one year | 7 | (5,397) | (8,272)
Net current assets |  | 24,947 | 25,741
Total assets less current liabilities |  | 24,947 | 28,628
Provisions for liabilities |  | - | (548)
Net assets |  | 24,947 | 28,080
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 24,847 | 27,980
Shareholders' funds |  | 24,947 | 28,080

For the financial period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Sigma Technical Limited

(Registration number: 10119191)
Balance Sheet as at 28 February 2026

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 April 2026 and signed on its behalf by:

......................................... Mrs H D Badley Director

Sigma Technical Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in Engalnd and Wales.

The address of its registered office is:
Unit 14
Apple Lane
Exeter
Devon
EX2 5GL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date the company has ceased to trade. Therefore the accounts are prepared on a break-up basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Sigma Technical Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 28 February 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Office equipment | 25% reducing balance

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Patents | 10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Sigma Technical Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 28 February 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2025 - 2).

Sigma Technical Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 28 February 2026

4 | Intangible assets

| Trademarks, patents and licenses £ | Total £
Cost or valuation
At 1 April 2025 | 6,870 | 6,870
At 28 February 2026 | 6,870 | 6,870
Amortisation
At 1 April 2025 | 4,122 | 4,122
Amortisation charge | 630 | 630
Impairment | 2,118 | 2,118
At 28 February 2026 | 6,870 | 6,870
Carrying amount
At 28 February 2026 | - | -
At 31 March 2025 | 2,748 | 2,748

5 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 April 2025 | 1,190 | 356 | 1,546
Disposals | (1,190) | (356) | (1,546)
At 28 February 2026 | - | - | -
Depreciation
At 1 April 2025 | 1,081 | 326 | 1,407
Charge for the period | 25 | 7 | 32
Eliminated on disposal | (1,106) | (333) | (1,439)
At 28 February 2026 | - | - | -
Carrying amount
At 28 February 2026 | - | - | -
At 31 March 2025 | 109 | 30 | 139

Sigma Technical Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 28 February 2026

6 | Debtors

| 2026 £ | 2025 £
Other debtors | 5,541 | 17,715
Total current trade and other debtors | 5,541 | 17,715

7 | Creditors

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 4,879 | 7,322
Other creditors | 518 | -
Accrued expenses | - | 950
| 5,397 | 8,272

8 | Related party transactions

Transactions with directors

2026 | At 1 April 2025 £ | Repayments by director £ | At 28 February 2026 £
Interest free loan on demand | 13,363 | (13,363) | -

2025 | At 1 April 2024 £ | Advances to director £ | At 31 March 2025 £
Interest free loan on demand | 13,069 | 294 | 13,363