Acorah Software Products - Accounts Production 19.2.450 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 10719746 Mr Pritesh Padaniya true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10719746 2024-08-31 10719746 2025-08-31 10719746 2024-09-01 2025-08-31 10719746 frs-core:CurrentFinancialInstruments 2025-08-31 10719746 frs-core:Non-currentFinancialInstruments 2025-08-31 10719746 frs-core:NetGoodwill 2025-08-31 10719746 frs-core:NetGoodwill 2024-08-31 10719746 frs-core:MotorVehicles 2025-08-31 10719746 frs-core:MotorVehicles 2024-09-01 2025-08-31 10719746 frs-core:MotorVehicles 2024-08-31 10719746 frs-core:PlantMachinery 2025-08-31 10719746 frs-core:PlantMachinery 2024-09-01 2025-08-31 10719746 frs-core:PlantMachinery 2024-08-31 10719746 frs-core:ShareCapital 2025-08-31 10719746 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 10719746 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 10719746 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 10719746 frs-bus:SmallEntities 2024-09-01 2025-08-31 10719746 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 10719746 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 10719746 1 2024-09-01 2025-08-31 10719746 frs-bus:Director1 2024-09-01 2025-08-31 10719746 frs-countries:EnglandWales 2024-09-01 2025-08-31 10719746 2023-08-31 10719746 2024-08-31 10719746 2023-09-01 2024-08-31 10719746 frs-core:CurrentFinancialInstruments 2024-08-31 10719746 frs-core:Non-currentFinancialInstruments 2024-08-31 10719746 frs-core:ShareCapital 2024-08-31 10719746 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 10719746
Siennico Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Siennico Ventures Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Siennico Ventures Limited
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 10719746

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1 |  | 1
Tangible Assets | 5 |  | 36,347 |  | 38,882
|  |  | 36,348 |  | 38,883
CURRENT ASSETS
Stocks | 6 | 7,879 |  | 8,029 |
Debtors | 7 | 437,180 |  | 414,123 |
Cash at bank and in hand |  | 227,792 |  | 197,500 |
|  | 672,851 |  | 619,652 |
Creditors: Amounts Falling Due Within One Year | 8 | (220,636 ) |  | (232,796 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 452,215 |  | 386,856
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 488,563 |  | 425,739
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (6,482 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (9,087 ) |  | (9,721 )
NET ASSETS |  |  | 479,476 |  | 409,536
CAPITAL AND RESERVES
Called up share capital | 10 |  | 200 |  | 200
Profit and Loss Account |  |  | 479,276 |  | 409,336
SHAREHOLDERS' FUNDS |  |  | 479,476 |  | 409,536

Page 1
Page 2
Siennico Ventures Limited
Balance Sheet (continued)
As At 31 August 2025
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Pritesh Padaniya Director
15 May 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Siennico Ventures Limited
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Siennico Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10719746 . The registered office is 21 High View Close, Hamilton Office Park, Leicester, Leicestershire, LE4 9LJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 20% straight line
Motor Vehicles | 25% straight line

2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
Siennico Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.8. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 43 (2024: 40)
43 40
Page 4
Page 5
Siennico Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 September 2024 | 1
As at 31 August 2025 | 1
Net Book Value
As at 31 August 2025 | 1
As at 1 September 2024 | 1

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 September 2024 | 233,494 | 21,089 | 254,583
Additions | 15,417 | - | 15,417
As at 31 August 2025 | 248,911 | 21,089 | 270,000
Depreciation
As at 1 September 2024 | 195,481 | 20,220 | 215,701
Provided during the period | 17,083 | 869 | 17,952
As at 31 August 2025 | 212,564 | 21,089 | 233,653
Net Book Value
As at 31 August 2025 | 36,347 | - | 36,347
As at 1 September 2024 | 38,013 | 869 | 38,882

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 7,879 |  | 8,029

Page 5
Page 6
Siennico Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 26,037 |  | 90
Prepayments and accrued income | 20,282 |  | 7,527
Other debtors | 390,861 |  | 406,506
| 437,180 |  | 414,123

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 42,284 |  | 63,955
Bank loans and overdrafts | 15,772 |  | 10,855
Other taxes and social security | 141,292 |  | 118,006
Other creditors | 1,757 |  | 583
Accruals and deferred income | 19,531 |  | 39,397
| 220,636 |  | 232,796

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 6,482

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

11. Related Party Transactions
Loan Accounts
Directors Loan Account - these loans are free of interest and repayable on demand. The amount is included within other debtors/creditors.
Amount due from/(to) the related party: 2025: £9,200 (2024: £7,976)
Anasha Ventures Ltd
A company in which the director Mr P Padaniya is also director and shareholder.
Loan account - The loan is free of interest and repayable on demand.
...CONTINUED
Page 6
Page 7
Siennico Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
11. Related Party Transactions - continued
Amount due from the related party: 2025: £0 (2024: £0)
Sienna Investments Ltd
A company in which the shareholders Mr & Mrs Naik are also director and shareholder.
Loan account - The loan is free of interest and repayable on demand.
Amount due from the related party: 2025: £201,590 (2024: £201,590)
Sky3 Investments Ltd
A company in which the shareholder Mr U Naik is also director and shareholder.
Loan account - The loan is free of interest and repayable on demand.
Amount due from the related party: 2025: £150,000 (2024: £150,000)
Anasha Properties Ltd
A company in which the director Mr P Padaniya and Mrs S Bhogaita are also director and shareholder.
Loan account - The loan is free of interest and repayable on demand.
Amount due from the related party: 2025: £0 (2024: £15,000)
12. Ultimate Controlling Party
The director and shareholders are the ultimate controlling parties by virtue of their ownership of 100% of the ordinary share capital of the company.
Page 7