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Company Registration No. 10605225 (England and Wales)
Seneca Advisory Ltd Unaudited accounts for the year ended 28 February 2023
Seneca Advisory Ltd Unaudited accounts Contents
Page
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Seneca Advisory Ltd Company Information for the year ended 28 February 2023
Director
Ms. Biliana Borisova-Barker
Company Number
10605225 (England and Wales)
Registered Office
19 Lomond Close Tamworth B79 8ET England
Accountants
Sage Accounting Ltd 19 Lomond Close Tamworth Staffordshire United Kingdom B79 8ET
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Seneca Advisory Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
31,481 
- 
Tangible assets
14,377 
22,053 
45,858 
22,053 
Current assets
Debtors
126,173 
51,919 
Cash at bank and in hand
207,868 
375,829 
334,041 
427,748 
Creditors: amounts falling due within one year
(25,026)
(16,094)
Net current assets
309,015 
411,654 
Net assets
354,873 
433,707 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
354,773 
433,607 
Shareholders' funds
354,873 
433,707 
For the year ending 28 February 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 director acknowledges her 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 and authorised for issue on 10 November 2023 and were signed on its behalf by
Ms. Biliana Borisova-Barker Director Company Registration No. 10605225
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Seneca Advisory Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Seneca Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 10605225. The registered office is 19 Lomond Close, Tamworth, B79 8ET, England.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
4 years straight line
Computer equipment
3 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2022
- 
Additions
37,036 
At 28 February 2023
37,036 
Amortisation
At 1 March 2022
- 
Charge for the year
5,555 
At 28 February 2023
5,555 
Net book value
At 28 February 2023
31,481 
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Seneca Advisory Ltd Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
37,041 
11,495 
48,536 
Additions
8,076 
808 
8,884 
At 28 February 2023
45,117 
12,303 
57,420 
Depreciation
At 1 March 2022
18,608 
7,875 
26,483 
Charge for the year
14,301 
2,259 
16,560 
At 28 February 2023
32,909 
10,134 
43,043 
Net book value
At 28 February 2023
12,208 
2,169 
14,377 
At 28 February 2022
18,433 
3,620 
22,053 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
108,780 
28,700 
Accrued income and prepayments
15,551 
21,849 
Other debtors
1,842 
1,370 
126,173 
51,919 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,646 
5,378 
Taxes and social security
4,818 
7,384 
Other creditors
7,562 
2,132 
Accruals
- 
1,200 
25,026 
16,094 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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