1 April 2024 false No description of principal activity Taxfiler 2024.6 SC761390 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC761390 2024-03-31 SC761390 2024-04-01 2025-03-31 SC761390 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC761390 business:FilletedAccounts 2024-04-01 2025-03-31 SC761390 2025-03-31 SC761390 business:Director1 2024-04-01 2025-03-31 SC761390 business:Director2 2024-04-01 2025-03-31 SC761390 business:RegisteredOffice 2024-04-01 2025-03-31 SC761390 2024-03-31 SC761390 core:WithinOneYear 2025-03-31 SC761390 core:WithinOneYear 2024-03-31 SC761390 core:AfterOneYear 2025-03-31 SC761390 core:AfterOneYear 2024-03-31 SC761390 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 SC761390 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 SC761390 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 SC761390 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 SC761390 core:PreviouslyStatedAmount 2025-03-31 SC761390 core:PreviouslyStatedAmount 2024-03-31 SC761390 business:SmallEntities 2024-04-01 2025-03-31 SC761390 countries:Scotland 2024-04-01 2025-03-31 SC761390 core:MotorVehicles 2024-04-01 2025-03-31 SC761390 core:MotorVehicles 2024-03-31 SC761390 core:MotorVehicles 2025-03-31 SC761390 core:MotorVehicles core:LeasedAssetsHeldAsLessee 2025-03-31 SC761390 core:MotorVehicles core:LeasedAssetsHeldAsLessee 2024-03-31 SC761390 business:Director1 1 2024-04-01 2025-03-31 SC761390 business:Director1 1 2024-03-31 SC761390 business:Director1 1 2025-03-31 SC761390 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC761390 (Scotland)
Sinose Ltd Unaudited accounts for the year ended 31 March 2025
Sinose Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sinose Ltd Company Information for the year ended 31 March 2025
Directors
Saleh OKhovat Shahed Shahidi
Company Number
SC761390 (Scotland)
Registered Office
1/2 30 Corunna Street Glasgow Lanarkshire G3 8NF Scotland
- 3 -
Sinose Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
34,174
-
Current assets
Debtors
5
2,803
-
Cash at bank and in hand
18,550
42,177
21,353
42,177
Creditors: amounts falling due within one year
6
(30,841)
(11,817)
Net current (liabilities)/assets
(9,488)
30,360
Total assets less current liabilities
24,686
30,360
Creditors: amounts falling due after more than one year
7
54,978
-
Net assets
79,664
30,360
Capital and reserves
Called up share capital
2
2
Profit and loss account
79,662
30,358
Shareholders' funds
79,664
30,360
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by
Saleh OKhovat Director Company Registration No. SC761390
- 4 -
Sinose Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Sinose Ltd is a private company, limited by shares, registered in Scotland, registration number SC761390. The registered office is 1/2, 30 Corunna Street, Glasgow, Lanarkshire, G3 8NF, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and subsequently carried at amortised costs.
Presentation currency
The accounts are presented in £ sterling.
Leased assets
The company has entered into hire purchase arrangements in respect of motor vehicles and equipment used in the business. The rights to the assets are held by the company, subject to the security interest of the finance providers. Title to the assets passes to the company on payment of all amounts due under the agreements. At the balance sheet date, the net carrying amount of assets held under hire purchase agreements was £34,174. The related finance obligations are included in creditors as follows: amounts falling due within one year: £4,741 amounts falling due after more than one year: £35,572 The hire purchase liabilities are secured on the assets to which the agreements relate.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% SL
- 5 -
Sinose Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 April 2024
-
Additions
48,995
At 31 March 2025
48,995
Depreciation
Charge for the year
14,821
At 31 March 2025
14,821
Net book value
At 31 March 2025
34,174
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
34,174
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,803
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
4,741
-
Taxes and social security
21,180
9,408
Other creditors
2,409
2,409
Accruals
2,511
-
30,841
11,817
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
35,572
-
Loans from directors
(90,550)
-
(54,978)
-
- 6 -
Sinose Ltd Notes to the Accounts for the year ended 31 March 2025
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Saleh OKhovat
Advances
-
90,550
-
90,550
-
90,550
-
90,550
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).
- 7 -