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REGISTERED NUMBER: 08457641












SEMINAR COMPONENTS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






SEMINAR COMPONENTS HOLDINGS LIMITED (REGISTERED NUMBER: 08457641)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

SEMINAR COMPONENTS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: J Phillipart
S R P Hale
P J Lempriere





SECRETARY: P J Lempriere





REGISTERED OFFICE: Unit 2
Cwmdu Industrial Estate
Fforestfach
Swansea
West Glamorgan
SA5 8JF





REGISTERED NUMBER: 08457641





ACCOUNTANTS: Bevan Buckland LLP
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY

SEMINAR COMPONENTS HOLDINGS LIMITED (REGISTERED NUMBER: 08457641)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,682,542 2,682,542

CURRENT ASSETS
Debtors 5 42,674 55,676
Cash at bank 16,699 23,979
59,373 79,655
CREDITORS
Amounts falling due within one year 6 10,371 253,446
NET CURRENT ASSETS/(LIABILITIES) 49,002 (173,791 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,731,544

2,508,751

CAPITAL AND RESERVES
Called up share capital 607 602
Share premium 827,361 817,131
Retained earnings 1,903,576 1,691,018
SHAREHOLDERS' FUNDS 2,731,544 2,508,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

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 29 October 2018 and were signed on its
behalf by:



S R P Hale - Director


SEMINAR COMPONENTS HOLDINGS LIMITED (REGISTERED NUMBER: 08457641)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Seminar Components Holdings Limited is a private company, limited by shares, registered in England
and Wales, registration number 08457641. The registered office is Unit 2, Cwmdu Industrial Estate,
Fforestfach, Swansea, SA5 8JF.

The presentation currency is in Pound Sterling (£).

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.

Preparation of consolidated financial statements
The financial statements contain information about Seminar Components Holdings Limited as an
individual company and do not contain consolidated financial information as the parent of a group. The
company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to
prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

SEMINAR COMPONENTS HOLDINGS LIMITED (REGISTERED NUMBER: 08457641)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

2. ACCOUNTING POLICIES - continued

Fixed asset investments
The Company’s investment in shares in the subsidiary company are stated at cost.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation (legal and
constructive) resulting from a past event that will probably result in the transfer of funds to a third party
and the amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade discounts
due.

Dividend income
Dividend income is recognised when the right to receive payment is established.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2017
and 31 March 2018 2,682,542
NET BOOK VALUE
At 31 March 2018 2,682,542
At 31 March 2017 2,682,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Amounts owed by group undertakings - 55,000
Other debtors 42,674 676
42,674 55,676

SEMINAR COMPONENTS HOLDINGS LIMITED (REGISTERED NUMBER: 08457641)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 10,371 14,519
Other creditors - 238,927
10,371 253,446

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £195,638 were paid to the directors .

Amounts owed from group undertakings are due from Seminar Components Limited, the subsidiary
company.

At the year end £41,998 was owed from Seminar SSAS. The directors of the company are trustees
and beneficiaries.

During the year Interest of 5% was charged by the directors on outstanding loan notes. These loan
notes were fully repaid in the year.

8. ULTIMATE CONTROLLING PARTY

At the year end, the ultimate controlling party is S R P Hale, due to his controlling interest in the
company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SEMINAR COMPONENTS HOLDINGS LIMITED

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 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 Seminar Components Holdings Limited for the year ended 31 March 2018 which
comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Seminar Components Holdings 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 Seminar Components Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Seminar Components Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seminar Components Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Seminar Components Holdings 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 Seminar Components Holdings Limited. You consider that Seminar Components Holdings 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 Seminar Components Holdings 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.






Bevan Buckland LLP
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY


29 October 2018