REGISTERED NUMBER: 07171714 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIVARAMAN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Sivaraman

REGISTERED OFFICE:

8 Glendale Close

Shenfield

Brentwood

Essex

CM15 8DB

REGISTERED NUMBER:

07171714 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

47,879

33,691

47,880

33,692

CURRENT ASSETS

Debtors

6

476,525

416,983

Cash at bank

17,136

44,150

493,661

461,133

CREDITORS

Amounts falling due within one year

7

(450,535

)

(395,473

)

NET CURRENT ASSETS

43,126

65,660

TOTAL ASSETS LESS CURRENT LIABILITIES

91,006

99,352

CREDITORS

Amounts falling due after more than one year

8

-

(12,706

)

PROVISIONS FOR LIABILITIES

(11,177

)

(7,579

)

NET ASSETS

79,829

79,067

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

78,829

78,067

SHAREHOLDERS' FUNDS

79,829

79,067

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 director acknowledges his 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 director and authorised for issue on 28 April 2026 and were signed by:

A Sivaraman - Director

1.	STATUTORY INFORMATION

Sivaraman 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.

TURNOVER

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

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

Rentals paid under operating leases are charged to the profit and loss account 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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

180,000

AMORTISATION

At 1 April 2024

and 31 March 2025

179,999

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

12,995

43,866

67,213

31,406

155,480

Additions

1,535

25,567

-

3,045

30,147

At 31 March 2025

14,530

69,433

67,213

34,451

185,627

DEPRECIATION

At 1 April 2024

3,732

29,482

66,121

22,454

121,789

Charge for year

2,700

9,987

273

2,999

15,959

At 31 March 2025

6,432

39,469

66,394

25,453

137,748

NET BOOK VALUE

At 31 March 2025

8,098

29,964

819

8,998

47,879

At 31 March 2024

9,263

14,384

1,092

8,952

33,691

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

62,613

DEPRECIATION

At 1 April 2024

and 31 March 2025

62,613

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

72,557

74,007

Other debtors

403,968

342,976

476,525

416,983

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

12,214

9,706

Finance leases

24,481

31,174

Taxation and social security

125,072

120,475

Other creditors

288,768

234,118

450,535

395,473

The bank loan is secured over the assets of the company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

12,706

The bank loan is secured over the assets of the company.

9.	RELATED PARTY DISCLOSURES

As at 31 March 2025, Mr. Sivaraman owed £232,792 (2024 : £193,049) to the company. Interest was charged on this balance. Other creditors include loans of £246,690 (2024 : £219,073) received from London Medical Design Limited, a company in which Mr Sivaraman is a director and shareholder. The loan is interest free and repayable on demand.