SIDEM & Artists Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13627145

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	11,380		18,979
Cash at bank and in hand		959		144

		12,339		19,123
Creditors: Amounts Falling Due Within One Year	5	(23,697 )		(19,031 )

NET CURRENT ASSETS (LIABILITIES)			(11,358 )		92

TOTAL ASSETS LESS CURRENT LIABILITIES			(11,358 )		92

NET (LIABILITIES)/ASSETS			(11,358 )		92

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(11,359 )		91

SHAREHOLDERS' FUNDS			(11,358)		92

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nicholai Michault

Director

04/11/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

SIDEM & Artists Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13627145 . The registered office is 1st Floor, 104 Oxford Street, Fitzrovia, London, W1D 1LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, and net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Financial Instruments

The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangeme

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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SIDEM & Artists Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	500	-
Other debtors	3,440	2,440
Corporation tax recoverable assets	7,440	4,999
Director's loan account	-	11,540

	11,380	18,979

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	456	405
Corporation tax	13,048	18,485
Other taxes and social security	568	-
Accruals and deferred income	41	141
Director's loan account	9,584	-

	23,697	19,031

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

Included in other debtors is an amount owed by SIDEM International Ltd, a company registered in United Kingdom and in which N Michault owns a material interest, of £3,440 (2024: £2,440).

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