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Siabid D&P Ltd
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Notes to the financial statements
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for the year ended 31 May 2026
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1
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Company information
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Siabid D&P Ltd is a private company registered in England and Wales. Its registered number is 15798165. The company is limited by shares. Its registered office is R M & Co Chartered Accountants, 13 Mary Street, Sunderland, Tyne and Wear, SR1 3NH. Its principal place of business is Unit H5, Felling Business Centre, Gateshead, Tyne and Wear, NE10 0QH.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Going concern
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In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
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The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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Turnover
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Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any other sales taxes.
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3
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Average number of employees
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During the year the average number of employees was Nil (2025 - Nil).
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4
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Debtors
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31 May 26
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31 May 25
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£
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£
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Taxation
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1,300
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756
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5
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Creditors: amounts falling due within one year
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31 May 26
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31 May 25
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£
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£
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Amounts owed to directors
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25,762
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21,256
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2
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