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REGISTERED NUMBER: 04031126 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

A.M. Sewell & Co Limited

A.M. Sewell & Co Limited (Registered number: 04031126)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.M. Sewell & Co Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mrs A M Grealy





SECRETARY: Mrs A M Grealy





REGISTERED OFFICE: 25 Throwley Close
Basildon
Essex
SS13 2AW





REGISTERED NUMBER: 04031126 (England and Wales)





ACCOUNTANTS: A M Sewell & Co Limited
25 Throwley Close
Basildon
Essex
SS13 2AW

A.M. Sewell & Co Limited (Registered number: 04031126)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 273 365
273 365

CURRENT ASSETS
Debtors 6 6,181 6,919
Cash at bank 5,740 7,334
11,921 14,253
CREDITORS
Amounts falling due within one year 7 913 5,287
NET CURRENT ASSETS 11,008 8,966
TOTAL ASSETS LESS CURRENT LIABILITIES 11,281 9,331

PROVISIONS FOR LIABILITIES 26 37
NET ASSETS 11,255 9,294

CAPITAL AND RESERVES
Called up share capital 140 140
Retained earnings 11,115 9,154
SHAREHOLDERS' FUNDS 11,255 9,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

A.M. Sewell & Co Limited (Registered number: 04031126)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 April 2024 and were signed by:





Mrs A M Grealy - Director


A.M. Sewell & Co Limited (Registered number: 04031126)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

A.M. Sewell & Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

A.M. Sewell & Co Limited (Registered number: 04031126)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 2,400
AMORTISATION
At 1 August 2022
and 31 July 2023 2,400
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 August 2022
and 31 July 2023 1,294
DEPRECIATION
At 1 August 2022 929
Charge for year 92
At 31 July 2023 1,021
NET BOOK VALUE
At 31 July 2023 273
At 31 July 2022 365

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 782 1,420
Other debtors 5,399 5,499
6,181 6,919

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors (1 ) 814
Taxation and social security 472 915
Other creditors 442 3,558
913 5,287

A.M. Sewell & Co Limited (Registered number: 04031126)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £38 (2022: £38). Capital introduced (Credits) amounted to £NIL (2022: £NIL) and Withdrawals (Debits) amounted to £NIL (2022: £NIL).

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A M Grealy.