Sitorian Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06673225 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 30 April 2017

for

Sitorian Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

Certified Accountants' Report

5

DIRECTORS:

C C A Wilson

A Brooks

REGISTERED OFFICE:

Premier House

High Street

Crigglestone

Wakefield

West Yorkshire

WF4 3EB

REGISTERED NUMBER:

06673225 (England and Wales)

ACCOUNTANTS:

Strafforths

Chartered Certified Accountants

103 Haugh Green

Upper Haugh

Rotherham

South Yorkshire

S62 7FB

CURRENT ASSETS

Stocks

-

460

Debtors

27,003

18,105

Cash at bank

6

6

27,009

18,571

CREDITORS

Amounts falling due within one year

39,662

36,441

NET CURRENT LIABILITIES

(12,653

)

(17,870

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,653

)

(17,870

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

5

(12,753

)

(17,970

)

SHAREHOLDERS' FUNDS

(12,653

)

(17,870

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 30 January 2018 and were signed on its behalf by:

C C A Wilson - Director

1.	STATUTORY INFORMATION

Sitorian 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 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 & DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.17

30.4.16

value:

£

£

50

Ordinary B

£1

50

50

50

Ordinary C

£1

50

50

100

100

5.

RESERVES

Retained

earnings

£

At 1 May 2016

(17,970

)

Profit for the year

5,217

At 30 April 2017

(12,753

)

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

7.	GOING CONCERN

Whilst these financial statements show a negative balance sheet position, the directors are confident that the company will

continue to achieve profitability in the foreseeable future.

The directors therefore consider the company a viable proposition and that it is appropriate to have prepared these

financial statements as a going concern.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial

statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are

cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not

required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Sitorian Limited for the year ended 30 April 2017 which comprise the Abridged Income Statement, Abridged Balance

Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Sitorian Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sitorian Limited and state those matters that we have agreed to state to the Board of Directors of Sitorian Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sitorian Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sitorian Limited. You consider that Sitorian Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sitorian Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Strafforths

Chartered Certified Accountants

103 Haugh Green

Upper Haugh

Rotherham

South Yorkshire

S62 7FB

30 January 2018