Company Registration No. 07264393 (England and Wales)
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD
Unaudited accounts
for the year ended 31 May 2023
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD
Unaudited accounts
Contents
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD
Company Information
for the year ended 31 May 2023
Company Number
07264393 (England and Wales)
Registered Office
10 WOOLWICH NEW ROAD
SUIT 201A, EQUITABLE HOUSE
LONDON
LONDON
SE18 6AB
ENGLAND
Accountants
Mark Essandoh, FCCA,FAIA
SA Accountancy Practice
Equitable House, 10 Woolwich New Road
Woolwich
London
SE18 6AB
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD
Statement of financial position
as at 31 May 2023
Tangible assets
3,341
4,455
Cash at bank and in hand
7,129
20,463
Creditors: amounts falling due within one year
(22,405)
(22,299)
Net current assets
20,810
23,500
Total assets less current liabilities
24,151
27,955
Creditors: amounts falling due after more than one year
(22,489)
(27,111)
Called up share capital
10,000
10,000
Profit and loss account
(8,338)
(9,156)
Shareholders' funds
1,662
844
For the year ending 31 May 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 23 February 2024 and were signed on its behalf by
Mark Essandoh
Director
Company Registration No. 07264393
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD
Notes to the Accounts
for the year ended 31 May 2023
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 07264393. The registered office is 10 WOOLWICH NEW ROAD, SUIT 201A, EQUITABLE HOUSE, LONDON, LONDON, SE18 6AB, 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.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
9,279
10,590
19,869
At 31 May 2023
9,279
11,090
20,369
At 1 June 2022
4,824
10,590
15,414
Charge for the year
1,114
500
1,614
At 31 May 2023
5,938
11,090
17,028
At 31 May 2023
3,341
-
3,341
At 31 May 2022
4,455
-
4,455
SEED ABUNDANCE T/A SA ACCOUNTANCY LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
20,218
4,569
Amounts falling due after more than one year
Trade debtors
10,000
17,229
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,860
4,860
Loans from directors
13,373
12,338
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
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Average number of employees
During the year the average number of employees was 0 (2022: 0).