2022-06-01 2023-05-31 false Capium Accounts Production 1.1 12026190 bus:FullAccounts 2022-06-01 2023-05-31 12026190 bus:FRS102 2022-06-01 2023-05-31 12026190 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 12026190 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 12026190 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12026190 2022-06-01 2023-05-31 12026190 2023-05-31 12026190 bus:RegisteredOffice 2022-06-01 2023-05-31 12026190 core:WithinOneYear 2023-05-31 12026190 core:AfterOneYear 2023-05-31 12026190 bus:Director1 2022-06-01 2023-05-31 12026190 bus:Director1 2023-05-31 12026190 bus:Director1 2021-06-01 2022-05-31 12026190 bus:Director2 2022-06-01 2023-05-31 12026190 bus:Director2 2023-05-31 12026190 bus:Director2 2021-06-01 2022-05-31 12026190 2021-06-01 12026190 bus:CompanySecretary1 2022-06-01 2023-05-31 12026190 bus:LeadAgentIfApplicable 2022-06-01 2023-05-31 12026190 2021-06-01 2022-05-31 12026190 2022-05-31 12026190 core:WithinOneYear 2022-05-31 12026190 core:AfterOneYear 2022-05-31 12026190 bus:EntityAccountantsOrAuditors 2021-06-01 2022-05-31 12026190 core:FurnitureFittings 2022-06-01 2023-05-31 12026190 core:FurnitureFittings 2023-05-31 12026190 core:FurnitureFittings 2022-05-31 12026190 core:ComputerEquipment 2022-06-01 2023-05-31 12026190 core:ComputerEquipment 2023-05-31 12026190 core:ComputerEquipment 2022-05-31 12026190 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 12026190 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-05-31 12026190 core:NetGoodwill 2022-06-01 2023-05-31 12026190 core:NetGoodwill 2023-05-31 12026190 core:NetGoodwill 2022-05-31 12026190 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 12026190 core:CostValuation core:Non-currentFinancialInstruments 2022-05-31 12026190 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-05-31 12026190 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-05-31 12026190 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-05-31 12026190 core:Non-currentFinancialInstruments 2023-05-31 12026190 core:Non-currentFinancialInstruments 2022-05-31 12026190 core:ShareCapital 2023-05-31 12026190 core:ShareCapital 2022-05-31 12026190 core:RetainedEarningsAccumulatedLosses 2023-05-31 12026190 core:RetainedEarningsAccumulatedLosses 2022-05-31 12026190 core:RetainedEarningsAccumulatedLosses 2022-06-01 12026190 core:RetainedEarningsAccumulatedLosses 2021-06-01 12026190 core:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 12026190 core:RetainedEarningsAccumulatedLosses 2021-06-01 2022-05-31 12026190 core:RetainedEarningsAccumulatedLosses 2023-05-31 12026190 core:RetainedEarningsAccumulatedLosses 2022-05-31 12026190 dpl:Item1 2022-06-01 12026190 dpl:Item1 2023-05-31 12026190 dpl:Item1 2021-06-01 12026190 dpl:Item1 2022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 12026190
England and Wales

 

 

 

SEB MCLAUCHLAN LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2022

End date: 31 May 2023
Directors Sebastian McLauchlan
Lyson Marchessault
Registered Number 12026190
Registered Office Studio 205
1 Thane Villas
London
N7 7PH
Accountants Ward Williams Creatives Limited
Belgrave House
39-43 Monument Hill
Weybridge
Surrey
KT13 8RN
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 May 2023
Principal activities
The companys principal activity during the year was the sale of Type Design, Graphic Design & Creative Consultancy
Directors
The directors who served the company throughout the year were as follows:
Sebastian McLauchlan
Lyson Marchessault
Statement of directors' responsibilities
The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:


----------------------------------
Sebastian McLauchlan
Director

Date approved: 15 November 2023
2
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Seb McLauchlan Limited for the year ended 31 May 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Seb McLauchlan Limited for the year ended 31 May 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Seb McLauchlan Limited , as a body, in accordance with the terms of our engagement letter dated 05 July 2023. Our work has been undertaken solely to prepare for your approval the accounts of Seb McLauchlan Limited and state those matters that we have agreed to state to the Board of Directors of Seb McLauchlan Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seb McLauchlan Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Seb McLauchlan Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Seb McLauchlan Limited . You consider that Seb McLauchlan 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 accounts of Seb McLauchlan 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 accounts

31 May 2023



....................................................
Ward Williams Creatives Limited
Belgrave House
39-43 Monument Hill
Weybridge
Surrey
KT13 8RN
15 November 2023
3
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 2,000    4,000 
Tangible fixed assets 4 5,693    10,369 
7,693    14,369 
Current assets      
Debtors 5 698    103 
Cash at bank and in hand 185,189    171,845 
185,887    171,948 
Creditors: amount falling due within one year 6 (38,789)   (24,416)
Net current assets 147,098    147,532 
 
Total assets less current liabilities 154,791    161,901 
Net assets 154,791    161,901 
 

Capital and reserves
     
Called up share capital 102    102 
Profit and loss account 154,689    161,799 
Shareholder's funds 154,791    161,901 
 


For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 15 November 2023 and were signed on its behalf by:


-------------------------------
Sebastian McLauchlan
Director
4
  Retained Earnings   Total
£ £
At 01 June 2021 133,588  133,690 
Profit for the year 97,724  97,724 
Total comprehensive income for the year 97,724  97,724 
Dividends (69,513) (69,513)
Total investments by and distributions to owners (69,513) (69,513)
At 31 May 2022 161,799  161,901 
At 01 June 2022 161,798  161,798 
Profit for the year 94,063  94,063 
Total comprehensive income for the year 94,063  94,063 
Dividends (101,172) (101,172)
Total investments by and distributions to owners (101,172) (101,172)
At 31 May 2023 154,689  154,689 
5
General Information
Seb McLauchlan Limited is a private company, limited by shares, registered in England and Wales, registration number 12026190, registration address Studio 205, 1 Thane Villas , London, N7 7PH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, 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:
Fixtures and Fittings 25 Reducing Balance
Computer Equipment 25 Straight Line
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 June 2022 10,000    10,000 
Additions  
Disposals  
At 31 May 2023 10,000    10,000 
Amortisation
At 01 June 2022 6,000    6,000 
Charge for year 2,000    2,000 
On disposals  
At 31 May 2023 8,000    8,000 
Net book values
At 31 May 2023 2,000    2,000 
At 31 May 2022 4,000    4,000 


4.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 June 2022 6,750    9,641    16,391 
Additions    
Disposals   (1,610)   (1,610)
At 31 May 2023 6,750    8,031    14,781 
Depreciation
At 01 June 2022 2,511    3,511    6,022 
Charge for year 1,059    2,007    3,066 
On disposals    
At 31 May 2023 3,570    5,518    9,088 
Net book values
Closing balance as at 31 May 2023 3,180    2,513    5,693 
Opening balance as at 01 June 2022 4,239    6,130    10,369 


5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Other Debtors 698    1 
Directors' Current Accounts   102 
698    103 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Corporation Tax 24,373    21,075 
Accrued Expenses 210    420 
Directors' Current Accounts 12,812   
VAT 1,394    2,921 
38,789    24,416 

6