Caseware UK (AP4) 2024.0.164 2024.0.164 2025-07-31 2025-07-31 2026-05-01 SC211601 2025-07-31 true false 2024-08-01 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC211601 2024-08-01 2025-07-31 SC211601 2023-08-01 2024-07-31 SC211601 2025-07-31 SC211601 2024-07-31 SC211601 2023-08-01 SC211601 1 2024-08-01 2025-07-31 SC211601 d:Director2 2024-08-01 2025-07-31 SC211601 d:Director3 2024-08-01 2025-07-31 SC211601 c:Buildings 2024-08-01 2025-07-31 SC211601 c:Buildings c:LongLeaseholdAssets 2024-08-01 2025-07-31 SC211601 c:MotorVehicles 2024-08-01 2025-07-31 SC211601 c:MotorVehicles 2025-07-31 SC211601 c:MotorVehicles 2024-07-31 SC211601 c:MotorVehicles c:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 SC211601 c:FurnitureFittings 2024-08-01 2025-07-31 SC211601 c:ComputerEquipment 2024-08-01 2025-07-31 SC211601 c:CurrentFinancialInstruments 2025-07-31 SC211601 c:CurrentFinancialInstruments 2024-07-31 SC211601 c:Non-currentFinancialInstruments 2025-07-31 SC211601 c:Non-currentFinancialInstruments 2024-07-31 SC211601 c:CurrentFinancialInstruments c:WithinOneYear 2025-07-31 SC211601 c:CurrentFinancialInstruments c:WithinOneYear 2024-07-31 SC211601 c:Non-currentFinancialInstruments c:AfterOneYear 2025-07-31 SC211601 c:Non-currentFinancialInstruments c:AfterOneYear 2024-07-31 SC211601 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-07-31 SC211601 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-07-31 SC211601 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2025-07-31 SC211601 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2024-07-31 SC211601 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2025-07-31 SC211601 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2024-07-31 SC211601 c:ShareCapital 2025-07-31 SC211601 c:ShareCapital 2024-07-31 SC211601 c:CapitalRedemptionReserve 2024-08-01 2025-07-31 SC211601 c:CapitalRedemptionReserve 2025-07-31 SC211601 c:CapitalRedemptionReserve 2024-07-31 SC211601 c:RevaluationReserve 2024-08-01 2025-07-31 SC211601 c:RetainedEarningsAccumulatedLosses 2024-08-01 2025-07-31 SC211601 c:RetainedEarningsAccumulatedLosses 2025-07-31 SC211601 c:RetainedEarningsAccumulatedLosses 2024-07-31 SC211601 d:OrdinaryShareClass1 2024-08-01 2025-07-31 SC211601 d:OrdinaryShareClass1 2023-08-01 2024-07-31 SC211601 d:OrdinaryShareClass1 2025-07-31 SC211601 d:OrdinaryShareClass1 2024-07-31 SC211601 d:FRS102 2024-08-01 2025-07-31 SC211601 d:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 SC211601 d:FullAccounts 2024-08-01 2025-07-31 SC211601 d:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC211601 c:Subsidiary1 2024-08-01 2025-07-31 SC211601 c:Subsidiary1 1 2024-08-01 2025-07-31 SC211601 c:Subsidiary3 2024-08-01 2025-07-31 SC211601 c:Subsidiary3 1 2024-08-01 2025-07-31 SC211601 c:HirePurchaseContracts c:WithinOneYear 2025-07-31 SC211601 c:HirePurchaseContracts c:WithinOneYear 2024-07-31 SC211601 c:HirePurchaseContracts c:BetweenOneFiveYears 2025-07-31 SC211601 c:HirePurchaseContracts c:BetweenOneFiveYears 2024-07-31 SC211601 d:Consolidated 2025-07-31 SC211601 d:ConsolidatedGroupCompanyAccounts 2024-08-01 2025-07-31 SC211601 2 2024-08-01 2025-07-31 SC211601 5 2024-08-01 2025-07-31 SC211601 6 2024-08-01 2025-07-31 SC211601 c:AcceleratedTaxDepreciationDeferredTax 2025-07-31 SC211601 c:AcceleratedTaxDepreciationDeferredTax 2024-07-31 SC211601 c:TaxLossesCarry-forwardsDeferredTax 2025-07-31 SC211601 c:TaxLossesCarry-forwardsDeferredTax 2024-07-31 SC211601 c:OtherDeferredTax 2025-07-31 SC211601 c:OtherDeferredTax 2024-07-31 SC211601 e:PoundSterling 2024-08-01 2025-07-31 xbrli:shares iso4217:GBP xbrli:pure

SiRon Limited Registered number: SC211601 Information for filing with Registrar For the year ended 31 July 2025
|  | SC211601 31 July 2025
SIRON LIMITED REGISTERED NUMBER: SC211601 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 JULY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 2,581,103 |  | 2,616,986
|  |  | 2,581,103 |  | 2,616,986
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 531,586 |  | 570,488 |
Cash and cash equivalents |  | 1,124,648 |  | 845,535 |
|  | 1,656,234 |  | 1,416,023 |
Creditors: amounts falling due within one year | 8 | (503,914) |  | (441,422) |
Net current assets |  |  | 1,152,320 |  | 974,601
Total assets less current liabilities |  |  | 3,733,423 |  | 3,591,587
Creditors: amounts falling due after more than one year | 9 |  | (672,797) |  | (841,838)
Provisions for liabilities |  |  |  |  |
Deferred taxation | 12 | (239,889) |  | (258,797) |
|  |  | (239,889) |  | (258,797)
Net assets |  |  | 2,820,737 |  | 2,490,952
Capital and reserves |  |  |  |  |
Called up share capital | 13 |  | 250 |  | 250
Revaluation reserve | 14 |  | 2,299,466 |  | 2,299,466
Capital redemption reserve | 14 |  | 1,648 |  | 1,648
Profit and loss account | 14 |  | 519,373 |  | 189,588
Total equity |  |  | 2,820,737 |  | 2,490,952
- 1 -
|  | SC211601 31 July 2025
SIRON LIMITED REGISTERED NUMBER: SC211601 CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 JULY 2025 The directors consider 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 directors acknowledge their 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 consolidated 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:
N Crosbie Serrant
Director
Date: 1 May 2026
The notes on pages 5 to 19 form part of these financial statements. - 2 -
|  | SC211601 31 July 2025
SIRON LIMITED REGISTERED NUMBER: SC211601 COMPANY STATEMENT OF FINANCIAL POSITION AS AT 31 JULY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | - |  | 1,741
Investments | 6 |  | 952 |  | 952
|  |  | 952 |  | 2,693
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 870,755 |  | 1,057,598 |
Cash and cash equivalents |  | 108,975 |  | 72,487 |
|  | 979,730 |  | 1,130,085 |
Creditors: amounts falling due within one year | 8 | (182,113) |  | (181,851) |
Net current assets |  |  | 797,617 |  | 948,234
Total assets less current liabilities |  |  | 798,569 |  | 950,927
Creditors: amounts falling due after more than one year | 9 |  | (672,797) |  | (841,838)
Provisions for liabilities |  |  |  |  |
Deferred taxation | 12 | - |  | (435) |
|  |  | - |  | (435)
Net assets |  |  | 125,772 |  | 108,654
Capital and reserves |  |  |  |  |
Called up share capital | 13 |  | 250 |  | 250
Capital redemption reserve | 14 |  | 250 |  | 250
Profit and loss account | 14 |  | 125,272 |  | 108,154
Total equity |  |  | 125,772 |  | 108,654
- 3 -
|  | SC211601 31 July 2025
SIRON LIMITED REGISTERED NUMBER: SC211601 COMPANY STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 JULY 2025 The Company has elected to take exemption under Section 408 of the Companies Act 2006 not to present its Statement of comprehensive income in these financial statements. The profit for the year was £94,183 (2024: loss of £332,955). The directors consider that the Company is entitled to exemption from the requirement to have an audit under the provisions of 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 directors acknowledge their 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 of the Company 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 consolidated 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:
N Crosbie Serrant
Director
Date: 1 May 2026
The notes on pages 5 to 19 form part of these financial statements. - 4 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. | General information
SiRon Limited is a private company limited by shares and incorporated in Scotland. The Company's registered number is SC211601. The address of its registered office is Capital Square, 58 Morrison Street, Edinburgh, Scotland, EH3 8BP. The principal place of business is 23 Haling Park Road, Croydon, CR2 6NJ. The principal activity of the Company is to act as a holding company to its subsidiaries and the provision of community based family assessment services. The Group consists of SiRon Limited and its subsidiary undertakings, FPJ Limited and Jamma Umoja (Residential Services) Limited. The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and are therefore eligible for the exemption to prepare consolidated financial statements. However the directors have decided to voluntarily prepare consolidated financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The consolidated financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgement in applying the Group's accounting policies (see note 3). The financial statements have been prepared in Pound Sterling as this is the currency of the primary economic environment in which the Company and Group operate and is rounded to the nearest pound. The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements. The following principal accounting policies have been applied:
| 2.2 | Basis of consolidation
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full. The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Consolidated statement of financial position, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of comprehensive income from the date on which control is obtained. - 5 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 2.3 | Going concern
These financial statements have been prepared on a going concern basis. The directors, having considered the financial performance and position of the Company and the Group for the period of at least twelve months from the date of approval of these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Company and the Group to continue as a going concern. Accordingly the directors have a reasonable expectation that the Company and the Group will continue in operational existence and thus adopts the going concern basis of accounting in preparing the financial statements.
| 2.4 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Group and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Group will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.5 | Interest receivable and similar income
Interest receivable and similar income is recognised in profit or loss using the effective interest method.
| 2.6 | Interest payable and similar expenses
Interest payable and similar expenses are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. - 6 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. At each reporting date the Group assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | straight line
|  |  |  | Property improvements | - | 15% | reducing balance
|  |  |  | Motor vehicles | - | 25% | reducing balance
|  |  |  | Fixtures & fittings | - | 33% | reducing balance
|  |  |  | Computer equipment | - | 33% | reducing balance
Depreciation is included in "administrative expenses" in the Statement of comprehensive income for the Group and Company. The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.8 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.9 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. - 7 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | 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.
| 2.13 | Hire purchase agreements
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by hire purchase are depreciated over their useful lives. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight-line basis.
| 2.14 | Pensions
Defined contribution pension plan The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in other creditors as a liability in the Statement of financial position. The assets of the plan are held separately from the Group in independently administered funds.
| 2.15 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.16 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. - 8 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 2.17 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. 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 and the Group operate and generate income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. - 9 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 2.18 | Financial instruments
The Group only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable. Financial assets Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is identified, an impairment loss is recognised in profit or loss. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and its recoverable amount, which is an estimate of the amount that the Company would receive for the asset if it were to be sold at the reporting date. Financial liabilities Basic financial liabilities, including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a rate of interest. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payables are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost. Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. - 10 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
In applying the Group’s accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods. Critical judgements in applying the Group’s accounting policies (i) Investment property valuation At the financial year end, the directors reviewed and considered the valuation, including the statement made by the external valuers, and consider the carrying value at the financial year end to be appropriate (see note 5 for further information). Other than the valuation uncertainty above concerning freehold property valuations as at 31 July 2025, in preparing these financial statements, the directors have not identified any judgements, made in the process of applying the accounting policies, that have a significant effect on the amounts recognised in the financial statements. Furthermore, the directors have not identified any key assumptions concerning the future, or other key sources of estimation uncertainty at the reporting date, that carry a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. Key sources of estimation uncertainty The directors do not consider there to be any key sources of estimation uncertainty.
4. | Employees
| The average monthly number of employees for the Group, including the directors, during the year was as follows:
|  |  | Group 2025 | Group 2024
|  |  | No. | No.
|  | Employees | 64 | 68
| The Company has no employees other than the directors (2024: nil).
- 11 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
5. | Tangible fixed assets
| Group
|  | Freehold property | Property improvements | Motor vehicles | Fixtures & fittings | Computer equipment | Total
|  | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |
| At 1 August 2024 | 3,214,822 | 491,031 | 27,860 | 24,601 | 75,956 | 3,834,270
| Additions | - | 50,790 | - | - | 2,383 | 53,173
| At 31 July 2025 | 3,214,822 | 541,821 | 27,860 | 24,601 | 78,339 | 3,887,443
| Depreciation |  |  |  |  |  |
| At 1 August 2024 | 677,924 | 439,339 | 26,119 | 23,117 | 50,785 | 1,217,284
| Charge for the year | 66,193 | 12,048 | 1,741 | 490 | 8,584 | 89,056
| At 31 July 2025 | 744,117 | 451,387 | 27,860 | 23,607 | 59,369 | 1,306,340
| Net book value |  |  |  |  |  |
| At 31 July 2025 | 2,470,705 | 90,434 | - | 994 | 18,970 | 2,581,103
| At 31 July 2024 | 2,536,898 | 51,692 | 1,741 | 1,484 | 25,171 | 2,616,986
| The valuation of the freehold properties at 9 June 2022 was determined by the Group's external valuer, Christie Owen & Davies Limited (Christie & Co). The valuation is in accordance with the RICS standards and was arrived at by reference to market evidence of transactions for similar properties. The valuation performed by the valuer was reviewed internally by the directors and is considered appropriate at 31 July 2025. At 31 July 2025 the directors carried out a review that demonstrated the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.
- 12 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 5.Tangible fixed assets (continued)
| If the other fixed assets had not been included at valuation they would have been included under the historical cost convention as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Group |  |
| Cost | 915,356 | 915,356
| Accumulated depreciation | (340,647) | (322,340)
| Net book value | 574,709 | 593,016
| Company
|  | Motor vehicles
|  | £
| Cost |
| At 1 August 2024 | 27,860
| At 31 July 2025 | 27,860
| Depreciation |
| At 1 August 2024 | 26,119
| Charge for the year | 1,741
| At 31 July 2025 | 27,860
| Net book value |
| At 31 July 2025 | -
| At 31 July 2024 | 1,741
- 13 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
6. | Investments
| Company
|  | Investments in subsidiary companies
|  | £
| Cost |
| At 1 August 2024 | 952
| At 31 July 2025 | 952
| Net book value |
| At 31 July 2025 | 952
| At 31 July 2024 | 952
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Registered office | Principal activity | Class of shares | Holding
| Jamma Umoja (Residential Services) Limited | Capital Square, 58 Morrison Street, Edinburgh, Scotland, EH3 8BP | Provision of family assessment services and residential care. | Ordinary | 100%
| FPJ Limited | Capital Square, 58 Morrison Street, Edinburgh, Scotland, EH3 8BP | Provision and maintenance of properties for family assessment to Local Authorities. | Ordinary | 100%
- 14 -
|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
7. | Debtors: Amounts falling due within one year
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Trade debtors | 245,283 | 306,891 | - | -
| Amounts owed by group undertakings | - | - | 728,351 | 917,701
| Other debtors | 206,581 | 200,780 | 127,692 | 126,220
| Prepayments and accrued income | 79,722 | 62,817 | 14,712 | 13,677
|  | 531,586 | 570,488 | 870,755 | 1,057,598
| Amounts owed by group undertakings are unsecured, interest free and payable on demand.
8. | Creditors: Amounts falling due within one year
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Bank loans | 163,933 | 152,892 | 163,933 | 152,892
| Trade creditors | 53,386 | 32,992 | 1,903 | -
| Corporation tax | 124,668 | 57,695 | - | 8,590
| Other taxation and social security | 78,926 | 47,567 | - | -
| Obligations under hire purchase contracts | - | 3,048 | - | 3,048
| Other creditors | 9,141 | 63,600 | - | 629
| Accruals and deferred income | 73,860 | 83,628 | 16,277 | 16,692
|  | 503,914 | 441,422 | 182,113 | 181,851
9. | Creditors: Amounts falling due after more than one year
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Bank loans | 672,797 | 836,730 | 672,797 | 836,730
| Obligations under hire purchase contracts | - | 5,108 | - | 5,108
|  | 672,797 | 841,838 | 672,797 | 841,838
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|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
10. | Loans
| Analysis of the maturity of loans is given below:
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Amounts falling due within one year |  |  |  |
| Bank loans | 163,933 | 152,892 | 163,933 | 152,892
|  | 163,933 | 152,892 | 163,933 | 152,892
| Amounts falling due 1-2 years |  |  |  |
| Bank loans | 175,795 | 163,934 | 175,795 | 163,934
|  | 175,795 | 163,934 | 175,795 | 163,934
| Amounts falling due 2-5 years |  |  |  |
| Bank loans | 497,002 | 566,327 | 497,002 | 566,327
|  | 497,002 | 566,327 | 497,002 | 566,327
| Amounts falling due after more than 5 years |  |  |  |
| Bank loans | - | 106,469 | - | 106,469
|  | - | 106,469 | - | 106,469
|  | 836,730 | 989,622 | 836,730 | 989,622
| The loan is secured against the assets of the Company and the Group and also subject to covenants across the Group. The loan is interest bearing at 3.50% per annum above the base rate.
11. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  | Company | Company
|  | 2025 | 2024
|  | £ | £
| Within one year | - | 3,048
| Between 1-5 years | - | 5,108
|  | - | 8,156
| The lease relates to a motor vehicle used by the Company and Group.
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|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
12. | Deferred taxation
| Group
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (258,797) | (274,207)
| Charged to profit or loss | 18,908 | 15,410
| At end of year | (239,889) | (258,797)
| Company
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (435) | (1,750)
| Charged to profit or loss | 435 | 1,315
| At end of year | - | (435)
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Fixed asset timing differences | (13,923) | (16,144) | - | (435)
| Capital gains | (226,923) | (243,470) | - | -
| Short term timing differences | 957 | 817 | - | -
|  | (239,889) | (258,797) | - | (435)
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|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
13. | Called up share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 250 (2024: 250) Ordinary A shares of £1 each | 250 | 250
| The Company has one class of ordinary shares; each share has attached to it full voting, dividend and capital distribution rights.
14. | Reserves
Revaluation reserve The revaluation reserve represents all current and preceding period revaluations on assets. Capital redemption reserve The capital redemption reserve is a non-distributable reserve. Profit & loss account This reserve represents the cumulative profits and losses of the Group.
15. | Pension commitments
The Group operates a defined contribution pension plan for its employees. Contributions made into this plan are paid by the Group at the rates specified in the rules of the schemes. At the reporting date £8,873 (2024: £7,645) was payable to the plan.
16. | Related party transactions
| The Company is exempt from disclosing related party transactions undertaken with other wholly owned members of the Group that have been concluded under normal market conditions. At the year end, the Company was owed £37,080 (2024: £35,385) by a former director of the Company. This amount is included in other debtors. Interest is charged at 2.30% (2024: 2.30%) per annum on this balance. At the year end, the Company was owed £4,123 (2024: £4,030) by a director of the Company. This amount is included in other debtors. Interest is charged at 2.30% (2024: 2.30%) per annum on this balance. At the year end, the Group was owed £5,570 (2024: £5,445) by a director of the Company. This amount is included in other debtors. Interest is charged at 2.30% (2024: 2.30%) per annum on this balance.
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|  | SC211601 31 July 2025
SIRON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
17. | Post balance sheet events
After the year end, Fren&Co Ltd acquired 100% of the share capital of the Company, with the transaction effective as of 18 November 2025.
18. | Controlling party
At the year end date, the ultimate controlling party was considered to be R Crosbie by virtue of his majority shareholding in the Company. After the year end, Fren&Co Ltd acquired 100% of the share capital of the Company and the directors no longer consider there to be an ultimate controlling party.
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