Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31No description of principal activityfalse2022-09-0144truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11512542 2022-09-01 2023-08-31 11512542 2021-09-01 2022-08-31 11512542 2023-08-31 11512542 2022-08-31 11512542 c:Director2 2022-09-01 2023-08-31 11512542 d:PlantMachinery 2022-09-01 2023-08-31 11512542 d:PlantMachinery 2023-08-31 11512542 d:PlantMachinery 2022-08-31 11512542 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 11512542 d:CurrentFinancialInstruments 2023-08-31 11512542 d:CurrentFinancialInstruments 2022-08-31 11512542 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11512542 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 11512542 d:ShareCapital 2023-08-31 11512542 d:ShareCapital 2022-08-31 11512542 d:RetainedEarningsAccumulatedLosses 2023-08-31 11512542 d:RetainedEarningsAccumulatedLosses 2022-08-31 11512542 c:OrdinaryShareClass1 2022-09-01 2023-08-31 11512542 c:OrdinaryShareClass1 2023-08-31 11512542 c:OrdinaryShareClass1 2022-08-31 11512542 c:FRS102 2022-09-01 2023-08-31 11512542 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 11512542 c:FullAccounts 2022-09-01 2023-08-31 11512542 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11512542 e:PoundSterling 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11512542










SEYMOUR PLACE SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
SEYMOUR PLACE SERVICES LIMITED
REGISTERED NUMBER: 11512542

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,167
8,223

  
6,167
8,223

Current assets
  

Debtors: amounts falling due within one year
 5 
21,832
18,768

Cash at bank and in hand
 6 
35,702
15,503

  
57,534
34,271

Current liablities
  

Creditors: amounts falling due within one year
 7 
(1,174,517)
(848,885)

Net current liabilities
  
 
 
(1,116,983)
 
 
(814,614)

Total assets less current liabilities
  
(1,110,816)
(806,391)

Net liabilities
  
(1,110,816)
(806,391)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(1,110,817)
(806,392)

  
(1,110,816)
(806,391)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
 
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SEYMOUR PLACE SERVICES LIMITED
REGISTERED NUMBER: 11512542

BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J L Noble
Director

Date: 31 January 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SEYMOUR PLACE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Seymour Place Services Limited is a private company limited by share capital and incorporated in England and Wales. 
The company's registered office address is 2 Communications Road, Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

Seymour Place Services Limited has reported a loss for the year of £306,381 (2022 :£282,687).  At the balance sheet date, the company had net liabilities of £1,112,772 (2022: £828,072).  The company administers the maintenance of a private household, paying contracts and payroll as required.  It is a non-trading company for tax purposes and is fully funded to meet liabilities as they fall due.  Based on this the accounts have been prepared on a going concern basis.  

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
SEYMOUR PLACE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 4

 
SEYMOUR PLACE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 September 2022
14,619



At 31 August 2023

14,619



Depreciation


At 1 September 2022
6,396


Charge for the year on owned assets
2,056



At 31 August 2023

8,452



Net book value



At 31 August 2023
6,167



At 31 August 2022
8,223


5.


Debtors

2023
2022
£
£

Prepayments and accrued income
21,832
18,768

21,832
18,768



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
35,702
15,503

35,702
15,503


Page 5

 
SEYMOUR PLACE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
41,534
29,224

Other creditors
1,122,181
810,291

Accruals and deferred income
10,802
9,370

1,174,517
848,885



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1
1
1



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £5,260 (2022 - £5,119) . 


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