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COMPANY REGISTRATION NUMBER: 04624088

SIDAS UK LTD

Filleted Unaudited Abridged Financial Statements

31 March 2026

SIDAS UK LTD

Abridged Statement of Financial Position

31 March 2026

| 2026 | 2025
Note | £ | £

Fixed assets

Intangible assets | 6 | 50,000 | 56,250
Tangible assets | 7 | 284,774 | 213,036
| --------- | ---------
| 334,774 | 269,286

Current assets

Stocks | 415,904 | 439,827
Debtors | 369,180 | 373,321
Cash at bank and in hand | 288,353 | 235,892
| ------------ | ------------
| 1,073,437 | 1,049,040

Creditors: amounts falling due within one year | 395,665 | 426,890
| ------------ | ------------
Net current assets | 677,772 | 622,150
| ------------ | ---------
Total assets less current liabilities | 1,012,546 | 891,436

Creditors: amounts falling due after more than one year | 12,012 | 1,667

Provisions | 53,958 | 39,370
| ------------ | ---------
Net assets | 946,576 | 850,399
| ------------ | ---------

Capital and reserves

Called up share capital | 400 | 511
Share premium account | 199,914 | 199,914
Other reserves | 130,340 | 130,340
Profit and loss account | 615,922 | 519,634
| --------- | ---------
Shareholders funds | 946,576 | 850,399
| --------- | ---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

SIDAS UK LTD

Abridged Statement of Financial Position (continued)

31 March 2026
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

Mr S Couper
Director

Company registration number: 04624088

SIDAS UK LTD

Notes to the Abridged Financial Statements

Year ended 31 March 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mintsfeet Business Park, Mintsfeet Road North, Kendal, LA9 6LZ, England.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | Over 10 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Long leasehold property | - | 5% straight line
| Plant and machinery | - | 25% reducing balance
| Fixtures and fittings | - | 25% reducing balance
| Motor vehicles | - | 25% reducing balance

| Equipment | - | 30 % reducing balance

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 15 (2025: 15 ).
5. Tax on profit
Major components of tax expense

| 2026 | 2025
| £ | £

Current tax:

UK current tax expense | 47,160 | 6,227

Deferred tax:

Origination and reversal of timing differences | 14,588 | 39,370
| -------- | --------
Tax on profit | 61,748 | 45,597
| -------- | --------

6. Intangible assets

| £
Cost |
At 1 April 2025 and 31 March 2026 | 62,500
| --------
Amortisation |
At 1 April 2025 | 6,250
Charge for the year | 6,250
| --------
At 31 March 2026 | 12,500
| --------
Carrying amount |
At 31 March 2026 | 50,000
| --------
At 31 March 2025 | 56,250
| --------

7. Tangible assets

| £
Cost |
At 1 April 2025 | 403,759
Additions | 128,836
Disposals | ( 31,742)
| ---------
At 31 March 2026 | 500,853
| ---------
Depreciation |
At 1 April 2025 | 190,723
Charge for the year | 42,098
Disposals | ( 16,742)
| ---------
At 31 March 2026 | 216,079
| ---------
Carrying amount |
At 31 March 2026 | 284,774
| ---------
At 31 March 2025 | 213,036
| ---------

8. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2026 | 2025
| £ | £
Not later than 1 year | 103,463 | 100,795
Later than 1 year and not later than 5 years | 200,523 | 272,770
| --------- | ---------
| 303,986 | 373,565
| --------- | ---------

9. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| 2026
|  | Balance brought forward | Amounts repaid | Balance outstanding
|  | £ | £ | £
| Mr S Couper | 37,597 | ( 23,377) | 14,220
|  | -------- | -------- | --------

| 2025
|  | Balance brought forward | Amounts repaid | Balance outstanding
|  | £ | £ | £
| Mr S Couper | 41,714 | ( 4,117) | 37,597
|  | -------- | ------- | --------

10. Related party transactions
The company rents a property from the pension scheme for which one of the directors is the beneficiary for £30,000 pa which is considered to be the market rent for this property.