Company Registration No. SC761390 (Scotland)
Sinose Ltd
Unaudited accounts
for the year ended 31 March 2025
Sinose Ltd
Unaudited accounts
Contents
Sinose Ltd
Company Information
for the year ended 31 March 2025
Directors
Saleh OKhovat
Shahed Shahidi
Company Number
SC761390 (Scotland)
Registered Office
1/2
30 Corunna Street
Glasgow
Lanarkshire
G3 8NF
Scotland
Sinose Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
18,550
42,177
Creditors: amounts falling due within one year
(30,841)
(11,817)
Net current (liabilities)/assets
(9,488)
30,360
Total assets less current liabilities
24,686
30,360
Creditors: amounts falling due after more than one year
54,978
-
Called up share capital
2
2
Profit and loss account
79,662
30,358
Shareholders' funds
79,664
30,360
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by
Saleh OKhovat
Director
Company Registration No. SC761390
Sinose Ltd
Notes to the Accounts
for the year ended 31 March 2025
Sinose Ltd is a private company, limited by shares, registered in Scotland, registration number SC761390. The registered office is 1/2, 30 Corunna Street, Glasgow, Lanarkshire, G3 8NF, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention and subsequently carried at amortised costs.
The accounts are presented in £ sterling.
The company has entered into hire purchase arrangements in respect of motor vehicles and equipment used in the business. The rights to the assets are held by the company, subject to the security interest of the finance providers. Title to the assets passes to the company on payment of all amounts due under the agreements.
At the balance sheet date, the net carrying amount of assets held under hire purchase agreements was £34,174.
The related finance obligations are included in creditors as follows:
amounts falling due within one year: £4,741
amounts falling due after more than one year: £35,572
The hire purchase liabilities are secured on the assets to which the agreements relate.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Sinose Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Charge for the year
14,821
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,741
-
Taxes and social security
21,180
9,408
Other creditors
2,409
2,409
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
35,572
-
Loans from directors
(90,550)
-
Sinose Ltd
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advances
-
90,550
-
90,550
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).