Sievert & Co Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06338337 (England and Wales)

Sievert & Co Limited

Unaudited Financial Statements

for the Year Ended 31 August 2023

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

T J Ward

Secretary:

Ms T Ward

Registered office:

58 Bluestone Drive

Heaton Mersey

Stockport

Cheshire

SK4 3PY

Registered number:

06338337 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

1,300

917

Investments

5

-

687,933

1,300

688,850

Current assets

Debtors

6

761

2,269

Cash at bank

1,051,180

385,786

1,051,941

388,055

Creditors

Amounts falling due within one year

7

(12,002

)

(13,534

)

Net current assets

1,039,939

374,521

Total assets less current liabilities

1,041,239

1,063,371

Capital and reserves

Called up share capital

8

2

2

Retained earnings

1,041,237

1,063,369

Shareholders' funds

1,041,239

1,063,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 16 October 2023 and were signed by:

T J Ward - Director

1.	Statutory information

Sievert & Co 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 value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

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.

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.

Fixed asset investments

Fixed asset investments are stated at fair value. Changes in fair value are recognised in profit or loss.

3.	Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 September 2022

6,040

Additions

1,282

Disposals

(2,157

)

At 31 August 2023

5,165

Depreciation

At 1 September 2022

5,123

Charge for year

430

Eliminated on disposal

(1,688

)

At 31 August 2023

3,865

Net book value

At 31 August 2023

1,300

At 31 August 2022

917

5.	Fixed asset investments

Unlisted

investments

£

Cost

At 1 September 2022

687,933

Disposals

(687,933

)

At 31 August 2023

-

Net book value

At 31 August 2023

-

At 31 August 2022

687,933

6.

Debtors: amounts falling due within one year

31.8.23

31.8.22

£

£

Trade debtors

-

1,440

Other debtors

325

325

Prepayments

436

504

761

2,269

7.

Creditors: amounts falling due within one year

31.8.23

31.8.22

£

£

Corporation tax

3,226

2,694

VAT

-

2,376

Directors' current accounts

8,776

8,464

12,002

13,534

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.23

31.8.22

value:

£

£

1

Ordinary "A"

£1

1

1

1

Ordinary "B"

£1

1

1

2

2