2021-08-01 12748063 2022-07-31 12748063 2021-08-01 2022-07-31 12748063 2021-07-31 12748063 2020-07-16 2021-07-31 12748063 uk-core:WithinOneYear 2021-07-31 12748063 uk-core:WithinOneYear 2022-07-31 12748063 uk-core:ShareCapital 2022-07-31 12748063 uk-core:ShareCapital 2021-07-31 12748063 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 12748063 uk-core:RetainedEarningsAccumulatedLosses 2021-07-31 12748063 uk-bus:Director1 2021-08-01 2022-07-31 12748063 uk-core:ComputerEquipment 2021-08-01 2022-07-31 12748063 uk-core:OtherVehicles 2021-08-01 2022-07-31 12748063 uk-core:ComputerEquipment 2021-07-31 12748063 uk-core:OtherVehicles 2021-07-31 12748063 uk-core:OtherVehicles 2022-07-31 12748063 uk-core:ComputerEquipment 2022-07-31 iso4217:GBP xbrli:pure 12748063 uk-bus:AuditExemptWithAccountantsReport 2021-08-01 2022-07-31 12748063 uk-bus:FRS102 2021-08-01 2022-07-31 12748063 uk-bus:FullAccounts 2021-08-01 2022-07-31 12748063 uk-bus:PrivateLimitedCompanyLtd 2021-08-01 2022-07-31
SEAN PHILBY LTD
Registered Number:12748063
For the year ended 31 July 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2022
SEAN PHILBY LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12748063
As at 31 July 2022
SEAN PHILBY LTD
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
1,829
2,438
2
1,829
2,438
Current assets
Trade and other receivables
-
118
3
672
Cash and cash equivalents
734
852
672
Trade and other payables: amounts falling due within one
year
(1,434)
(279)
4
(762)
573
Net current assets
Total assets less current liabilities
2,402
1,676
2,402
Net assets
1,676
Capital and reserves
Called up share capital
1
1
Retained earnings
2,401
1,675
2,402
1,676
Shareholders' funds
For the year ended 31 July 2022 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 of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Sean Geoffrey Philby Director
These financial statements were approved and authorised for issue by the Board on 04 September 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2022
SEAN PHILBY LTD
Notes to the Financial Statements
Statutory Information
SEAN PHILBY LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12748063.
Principal place of business:
1 Harewood Close
Reigate
Surrey
RH2 0HE
Registered address:
C/O A4c Unit 18&19 Dean House Farm
Church Lane
Newdigate
Surrey
RH5 5DL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'', including the disclosure and
presentation requirements of Section 1A, and the Companies Act 2006. These financial statements have been
prepared under the historical cost convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Going concern
The director is satisfied that there is no impairment of the assets of the company, and that the company is in a
position to meet its liabilities as they fall due for the foreseeable future.
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5
For the year ended 31 July 2022
SEAN PHILBY LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 August 2021
2,499
599
1,900
At 31 July 2022
1,900
599
2,499
Provision for depreciation and impairment
At 01 August 2021
61
6
55
Charge for year
609
148
461
At 31 July 2022
670
154
516
At 31 July 2022
Net book value
1,384
445
1,829
At 31 July 2021
1,845
593
2,438
3. Trade and other receivables
2021
2022
£
£
Other debtors
118
-
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Taxation and social security
272
938
Other creditors
7
496
279
1,434
5. Average number of persons employed
During the year the average number of employees was 1 (2021 : 1).
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