Company Registration No. 09019201 (England and Wales)
SEARIS LIMITED
Unaudited accounts
for the year ended 31 March 2023
SEARIS LIMITED
Unaudited accounts
Contents
SEARIS LIMITED
Company Information
for the year ended 31 March 2023
Directors
Steven Searis
Sally Searis
Company Number
09019201 (England and Wales)
Registered Office
CHALFONT MARSH WAY
WOOLSTONE
FARINGDON
OXFORDSHIRE
SN7 7QL
Accountants
Swash & Co
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF
SEARIS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
26,507
37,089
Cash at bank and in hand
152,736
109,421
Creditors: amounts falling due within one year
(182,388)
(137,736)
Net current assets
20,476
28,062
Total assets less current liabilities
46,983
65,151
Creditors: amounts falling due after more than one year
(20,839)
(26,055)
Called up share capital
2
2
Profit and loss account
26,142
39,094
Shareholders' funds
26,144
39,096
For the year ending 31 March 2023 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 3 November 2023 and were signed on its behalf by
Steven Searis
Director
Company Registration No. 09019201
SEARIS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
SEARIS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09019201. The registered office is CHALFONT MARSH WAY, WOOLSTONE, FARINGDON, OXFORDSHIRE, SN7 7QL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
101,473
36,276
3,436
141,185
Additions
1,449
-
91
1,540
At 31 March 2023
102,922
36,276
3,527
142,725
At 1 April 2022
79,905
20,818
3,373
104,096
Charge for the year
8,843
3,194
85
12,122
At 31 March 2023
88,748
24,012
3,458
116,218
At 31 March 2023
14,174
12,264
69
26,507
At 31 March 2022
21,568
15,458
63
37,089
SEARIS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
34,657
43,894
Accrued income and prepayments
960
955
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
6,234
7,251
Trade creditors
33,716
26,491
Taxes and social security
26,599
22,646
Loans from directors
114,839
80,548
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
20,839
26,055
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).