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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
Page
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SEED ABUNDANCE T/A SA ACCOUNTANCY LTD Company Information for the year ended 31 May 2023
Director
Mark Essandoh
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
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SEED ABUNDANCE T/A SA ACCOUNTANCY LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,341 
4,455 
Current assets
Debtors
36,086 
25,336 
Cash at bank and in hand
7,129 
20,463 
43,215 
45,799 
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)
Net assets
1,662 
844 
Capital and reserves
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
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SEED ABUNDANCE T/A SA ACCOUNTANCY LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
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.
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.
Turnover
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:
Land & buildings
20
Plant & machinery
20
Motor vehicles
20
Fixtures & fittings
20
Computer equipment
20
4
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 
Additions
- 
500 
500 
At 31 May 2023
9,279 
11,090 
20,369 
Depreciation
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 
Net book value
At 31 May 2023
3,341 
- 
3,341 
At 31 May 2022
4,455 
- 
4,455 
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SEED ABUNDANCE T/A SA ACCOUNTANCY LTD Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,505 
338 
Trade debtors
20,218 
4,569 
Other debtors
2,363 
- 
26,086 
4,907 
Amounts falling due after more than one year
Trade debtors
10,000 
17,229 
Other debtors
- 
3,200 
10,000 
20,429 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,860 
4,860 
VAT
4,172 
5,401 
Trade creditors
- 
(300)
Loans from directors
13,373 
12,338 
22,405 
22,299 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,489 
27,111 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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