1 June 2022 false No description of principal activity Taxfiler 2023.10.1 8067210business:PrivateLimitedCompanyLtd2022-06-012023-03-31 80672102022-05-31 80672102022-06-012023-03-31 8067210business:AuditExemptWithAccountantsReport2022-06-012023-03-31 8067210business:FilletedAccounts2022-06-012023-03-31 80672102023-03-31 8067210business:Director12022-06-012023-03-31 8067210business:CompanySecretary12022-06-012023-03-31 8067210business:RegisteredOffice2022-06-012023-03-31 80672102022-05-31 8067210core:WithinOneYear2023-03-31 8067210core:WithinOneYear2022-05-31 8067210core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 8067210core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 8067210core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 8067210core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 8067210core:PreviouslyStatedAmount2023-03-31 8067210core:PreviouslyStatedAmount2022-05-31 8067210business:SmallEntities2022-06-012023-03-31 8067210countries:EnglandWales2022-06-012023-03-31 8067210core:AdditionsToInvestments2023-03-31 8067210business:OrdinaryShareClass12022-06-012023-03-31 8067210business:OrdinaryShareClass12021-06-012022-05-31 80672102021-06-012022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 8067210 (England and Wales)
SEY Distribution Limited Unaudited accounts for the period from 1 June 2022 to 31 March 2023
SEY Distribution Limited Unaudited accounts Contents
Page
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SEY Distribution Limited Company Information for the period from 1 June 2022 to 31 March 2023
Director
Mr S E Youngman
Secretary
Mr M Kendall
Company Number
8067210 (England and Wales)
Registered Office
Eclipse House Clay Street Chamberlain Road Hull HU8 8HD United Kingdom
Accountants
Kendall Accountancy Services Limited 2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
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SEY Distribution Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
70,483 
50,000 
Current assets
Debtors
100 
500 
Creditors: amounts falling due within one year
(70,483)
(42,400)
Net current liabilities
(70,383)
(41,900)
Net assets
100 
8,100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
- 
8,000 
Shareholders' funds
100 
8,100 
For the period 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 director acknowledges his 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 22 August 2023 and were signed on its behalf by
Mr S E Youngman Director Company Registration No. 8067210
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SEY Distribution Limited Notes to the Accounts for the period from 1 June 2022 to 31 March 2023
1
Statutory information
SEY Distribution Limited is a private company, limited by shares, registered in England and Wales, registration number 8067210. The registered office is Eclipse House, Clay Street, Chamberlain Road, Hull, HU8 8HD, United Kingdom.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in shares are included at fair value.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 June 2022
50,000 
Additions
20,483 
Valuation at 31 March 2023
70,483 
The company owns 100% of The Eclipse Motor Transport Company Ltd and 100% of S&B Transport Limited.
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SEY Distribution Limited Notes to the Accounts for the period from 1 June 2022 to 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
400 
Other debtors
100 
100 
100 
500 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
69,112 
- 
Loans from directors
1,371 
42,400 
70,483 
42,400 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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