REGISTERED NUMBER: 11127343 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Cideas Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C Shah

REGISTERED OFFICE:

1

Dorchester Way

Harrow

HA3 9RF

REGISTERED NUMBER:

11127343 (England and Wales)

ACCOUNTANTS:

Preston Accountants Limited.

Chartered Certified Accountants

1 Carlton Parade

Preston Road

Wembley

Middlesex

HA9 8NE

FIXED ASSETS

Tangible assets

4

1,598

915

CURRENT ASSETS

Stocks

5

314,234

189,980

Debtors

6

52,797

15,000

Cash at bank

7,536

26,598

374,567

231,578

CREDITORS

Amounts falling due within one year

7

119,721

64,841

NET CURRENT ASSETS

254,846

166,737

TOTAL ASSETS LESS CURRENT LIABILITIES

256,444

167,652

CREDITORS

Amounts falling due after more than one year

8

11,279

14,652

NET ASSETS

245,165

153,000

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

245,065

152,900

SHAREHOLDERS' FUNDS

245,165

153,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2026 and were signed by:

Mrs C Shah - Director

1.	STATUTORY INFORMATION

Cideas Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

3,044

Additions

1,083

At 31 December 2025

4,127

DEPRECIATION

At 1 January 2025

2,129

Charge for year

400

At 31 December 2025

2,529

NET BOOK VALUE

At 31 December 2025

1,598

At 31 December 2024

915

5.

STOCKS

31.12.25

31.12.24

£

£

Stocks

314,234

189,980

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

37,797

-

Other debtors

15,000

15,000

52,797

15,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

7,082

4,506

Tax

40,400

51,757

VAT

5,724

5,231

Other creditors

4,041

-

Directors' loan accounts

59,027

150

Accrued expenses

3,447

3,197

119,721

64,841

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 2-5 years

11,279

14,652

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

1

100

100