Company Registration No. 11700045 (England and Wales)
Seaswept Farm Limited
Unaudited accounts
for the year ended 30 November 2023
Seaswept Farm Limited
Unaudited accounts
Contents
Seaswept Farm Limited
Company Information
for the year ended 30 November 2023
Directors
Eloise Charlotte Pitts Crick
Guy Grenfell Pitts Crick
Company Number
11700045 (England and Wales)
Registered Office
Seaswept Farm Seaswept Farm
Trevithal
Paul
Cornwall
TR19 6UQ
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Seaswept Farm Limited
Accountants' report
Accountants' report to the board of directors of Seaswept Farm Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Seaswept Farm Limited for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Seaswept Farm Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Seaswept Farm Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seaswept Farm Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Seaswept Farm 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 loss of Seaswept Farm Limited. You consider that Seaswept Farm 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 Seaswept Farm 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
21 February 2024
Seaswept Farm Limited
Statement of financial position
as at 30 November 2023
Tangible assets
236,519
236,353
Cash at bank and in hand
3,726
-
Creditors: amounts falling due within one year
(545,864)
(487,947)
Net current liabilities
(532,600)
(477,064)
Net liabilities
(296,081)
(240,711)
Called up share capital
100
100
Profit and loss account
(296,181)
(240,811)
Shareholders' funds
(296,081)
(240,711)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by
Eloise Charlotte Pitts Crick
Director
Company Registration No. 11700045
Seaswept Farm Limited
Notes to the Accounts
for the year ended 30 November 2023
Seaswept Farm Limited is a private company, limited by shares, registered in England and Wales, registration number 11700045. The registered office is Seaswept Farm Seaswept Farm, Trevithal, Paul, Cornwall, TR19 6UQ, 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.
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.
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
Not depreciate
Plant & machinery
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
235,000
416
1,101
236,517
At 30 November 2023
235,000
416
1,771
237,187
At 1 December 2022
-
26
138
164
Charge for the year
-
104
400
504
At 30 November 2023
-
130
538
668
At 30 November 2023
235,000
286
1,233
236,519
At 30 November 2022
235,000
390
963
236,353
Amounts falling due within one year
Seaswept Farm Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
543,409
486,174
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Eloise Charlotte Pitts Crick
Director Loan Account
(373,300)
(30,175)
(1,558)
(401,917)
Director Loan Account
(112,875)
(30,175)
(1,558)
(141,492)
(486,175)
(60,350)
(3,116)
(543,409)
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).