Silverfin false false 31/03/2025 01/04/2024 31/03/2025 M S Riaz 17/09/2003 17 April 2026 The principal activity of Crystal Sigma Ltd ("the company") continued to be that of the provision of mechanical and engineering services. 04902311 2025-03-31 04902311 bus:Director1 2025-03-31 04902311 2024-03-31 04902311 core:CurrentFinancialInstruments 2025-03-31 04902311 core:CurrentFinancialInstruments 2024-03-31 04902311 core:Non-currentFinancialInstruments 2025-03-31 04902311 core:Non-currentFinancialInstruments 2024-03-31 04902311 core:ShareCapital 2025-03-31 04902311 core:ShareCapital 2024-03-31 04902311 core:RetainedEarningsAccumulatedLosses 2025-03-31 04902311 core:RetainedEarningsAccumulatedLosses 2024-03-31 04902311 core:LeaseholdImprovements 2024-03-31 04902311 core:PlantMachinery 2024-03-31 04902311 core:OfficeEquipment 2024-03-31 04902311 core:LeaseholdImprovements 2025-03-31 04902311 core:PlantMachinery 2025-03-31 04902311 core:OfficeEquipment 2025-03-31 04902311 bus:OrdinaryShareClass1 2025-03-31 04902311 2024-04-01 2025-03-31 04902311 bus:FilletedAccounts 2024-04-01 2025-03-31 04902311 bus:SmallEntities 2024-04-01 2025-03-31 04902311 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04902311 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04902311 bus:Director1 2024-04-01 2025-03-31 04902311 core:PlantMachinery core:TopRangeValue 2024-04-01 2025-03-31 04902311 core:OfficeEquipment core:TopRangeValue 2024-04-01 2025-03-31 04902311 2023-04-01 2024-03-31 04902311 core:LeaseholdImprovements 2024-04-01 2025-03-31 04902311 core:PlantMachinery 2024-04-01 2025-03-31 04902311 core:OfficeEquipment 2024-04-01 2025-03-31 04902311 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 04902311 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 04902311 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 04902311 1 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04902311 (England and Wales)

# CRYSTAL SIGMA LTD

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

CRYSTAL SIGMA LTD

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

CRYSTAL SIGMA LTD

## STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
CRYSTAL SIGMA LTD

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 2,892 |  | 2,553
|  | 2,892 |  | 2,553
Current assets |  |  |  |
Stocks | 4 | 6,000 |  | 6,000
Debtors | 5 | 1,218,873 |  | 1,110,465
Cash at bank and in hand | 6 | 327,340 |  | 104,457
|  | 1,552,213 |  | 1,220,922
Creditors: amounts falling due within one year | 7 | ( 1,198,329) |  | ( 778,738)
Net current assets |  | 353,884 |  | 442,184
Total assets less current liabilities |  | 356,776 |  | 444,737
Creditors: amounts falling due after more than one year | 8 | ( 132,063) |  | ( 188,121)
Net assets |  | 224,713 |  | 256,616
Capital and reserves |  |  |  |
Called-up share capital | 9 | 8 |  | 8
Profit and loss account |  | 224,705 |  | 256,608
Total shareholder's funds |  | 224,713 |  | 256,616

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These 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 Income and Retained Earnings has not been delivered.

The financial statements of Crystal Sigma Ltd (registered number: 04902311) were approved and authorised for issue by the Director. They were signed on its behalf by:

M S Riaz Director |

17 April 2026

CRYSTAL SIGMA LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
CRYSTAL SIGMA LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 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

Crystal Sigma 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 657 North Circular Road, London, NW2 7AY, 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 £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### 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.

##### 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 or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | depreciated over the life of the lease
Plant and machinery | 4 years straight line
Office equipment | 4 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.

##### Leases

The company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### 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 the director | 16 |  | 16

#### 3. Tangible assets

| Leasehold improve- ments |  | Plant and machinery |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2024 | 57,403 |  | 41,788 |  | 25,982 |  | 125,173
Additions | 0 |  | 0 |  | 1,283 |  | 1,283
At 31 March 2025 | 57,403 |  | 41,788 |  | 27,265 |  | 126,456
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2024 | 57,403 |  | 41,787 |  | 23,430 |  | 122,620
Charge for the financial year | 0 |  | 0 |  | 944 |  | 944
At 31 March 2025 | 57,403 |  | 41,787 |  | 24,374 |  | 123,564
Net book value |  |  |  |  |  |  |
At 31 March 2025 | 0 |  | 1 |  | 2,891 |  | 2,892
At 31 March 2024 | 0 |  | 1 |  | 2,552 |  | 2,553

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Finished goods | 6,000 |  | 6,000

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 659,546 |  | 512,573
Amounts owed by group undertakings | 491,644 |  | 568,652
Other debtors | 67,683 |  | 29,240
| 1,218,873 |  | 1,110,465

#### 6. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 327,340 |  | 104,457

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 357,587 |  | 264,270
Amounts owed to group undertakings | 68,845 |  | 28,845
Taxation and social security | 71,673 |  | 94,873
Other creditors | 700,224 |  | 390,750
| 1,198,329 |  | 778,738

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 132,063 |  | 188,121

There are no amounts included above in respect of which any security has been given by the small entity.

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
8 Ordinary shares of £ 1.00 each | 8 |  | 8

#### 10. Financial commitments

Pensions

The company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

| 2025 |  | 2024
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 492 |  | 559

#### 11. Related party transactions

Where possible, the company has taken advantage of the exemption conferred by FRS 102 section 33.1A from the requirement to disclose transactions with other wholly owned group undertakings.

#### 12. Ultimate controlling party

The company's parent company is Riaz & Sons Holding Ltd, a company incorporated in England and Wales and the registered office address is 35 Ballards Lane, London, United Kingdom, N3 1XW.
The parent company is exempt from preparing consolidated financial statements as it is a small group.