REGISTERED NUMBER: 05391938 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIDALLS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Prpa

SECRETARY:

J Prpa

REGISTERED OFFICE:

Unit 7

Granville Way

Bicester

Oxfordshire

OX26 4JT

REGISTERED NUMBER:

05391938 (England and Wales)

ACCOUNTANTS:

Astral Accountancy Services Limited

Astral House

Granville Way

Bicester

Oxfordshire

OX26 4JT

CURRENT ASSETS

Debtors

4

200,967

202,968

Cash at bank and in hand

198

185

201,165

203,153

CREDITORS

Amounts falling due within one year

5

579

580

NET CURRENT ASSETS

200,586

202,573

TOTAL ASSETS LESS CURRENT LIABILITIES

200,586

202,573

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

200,486

202,473

SHAREHOLDERS' FUNDS

200,586

202,573

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2025 and were signed by:

J Prpa - Director

1.	STATUTORY INFORMATION

Sidalls 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.

Significant judgements and estimates

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

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

Revenue is recognised for the provision of services when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Related party loan

200,967

202,968

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Creditors & Accruals

579

580

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

7.	RELATED PARTY DISCLOSURES

Sidalls Bicester Limited

The company previously entered into a joint venture arrangement with Sidalls Bicester Limited, a company owned and controlled by the directors of Sidalls Limited. The joint venture was to build houses on a development site owned by Sidalls Bicester Limited. The project was completed and the Directors took the decision to retain and rent out two properties. The management of these activities was undertaken by Sidalls Limited. One of these properties was sold by Sidalls Bicester Limited last year.The remaining property continues to be rented.

During the year, Sidalls Bicester Limited invoiced £12,000 (2024: £12,000) in respect of serviced accommodation charges to Sidalls Limited.

During the year, Sidalls Bicester Limited paid £7,705 (2024: £7,346) in respect of site management and building charges to Sidalls Limited and £3,180 (2024: £3,060) in respect of property rental services.

As at 31 March 2025 the intercompany loan balance due to Sidalls Limited amounted to £200,968 (2024: £202,968).

All transactions were undertaken at arms length at market rate on normal commercial terms.