REGISTERED NUMBER: 07149660 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SITORUS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H M Sitorus

Mrs A Sitorus

REGISTERED OFFICE:

17 Church Street

Kingsteignton

Newton Abbot

Devon

TQ12 3BQ

REGISTERED NUMBER:

07149660 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

HSBC

42 Courtenay Street

Newton Abbot

Devon

TQ12 2EB

FIXED ASSETS

Tangible assets

4

6,460

3,721

CURRENT ASSETS

Debtors

5

20,872

26,479

Cash at bank

2,048

4,760

22,920

31,239

CREDITORS

Amounts falling due within one year

6

24,584

23,705

NET CURRENT (LIABILITIES)/ASSETS

(1,664

)

7,534

TOTAL ASSETS LESS CURRENT LIABILITIES

4,796

11,255

CREDITORS

Amounts falling due after more than one year

7

(100

)

-

PROVISIONS FOR LIABILITIES

(1,615

)

(707

)

NET ASSETS

3,081

10,548

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,079

10,546

SHAREHOLDERS' FUNDS

3,081

10,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

Mr H M Sitorus - Director

Mrs A Sitorus - Director

1.	STATUTORY INFORMATION

Sitorus Limited 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

9,135

3,172

12,307

Additions

-

4,978

4,978

At 31 March 2026

9,135

8,150

17,285

DEPRECIATION

At 1 April 2025

7,283

1,303

8,586

Charge for year

371

1,868

2,239

At 31 March 2026

7,654

3,171

10,825

NET BOOK VALUE

At 31 March 2026

1,481

4,979

6,460

At 31 March 2025

1,852

1,869

3,721

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Computer

equipment

£

COST

Additions

3,915

At 31 March 2026

3,915

DEPRECIATION

Charge for year

979

At 31 March 2026

979

NET BOOK VALUE

At 31 March 2026

2,936

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

11,811

13,689

Directors' current accounts

9,061

12,790

20,872

26,479

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,049

-

Tax

11,394

15,806

Social security and other taxes

-

1,048

VAT

5,005

3,721

Other creditors

5,421

1,835

Accrued expenses

1,715

1,295

24,584

23,705

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

100

-

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mrs A Sitorus

Balance outstanding at start of year

4,942

142

Amounts advanced

27,000

33,800

Amounts repaid

(25,000

)

(29,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,942

4,942

Mr H M Sitorus

Balance outstanding at start of year

7,846

14,351

Amounts advanced

24,289

31,095

Amounts repaid

(30,018

)

(37,600

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,117

7,846

Loans are unsecured, interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £55,000 (2025 - £66,600) were paid to the directors .