SEA START LIMITED

Company Registration Number:
03822209 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SEA START LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

SEA START LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 9,000 9,000
Tangible assets: 4 252,450 223,343
Total fixed assets: 261,450 232,343
Current assets
Stocks: 10,738 10,738
Debtors:   15,568 10,869
Cash at bank and in hand: 234,899 310,443
Total current assets: 261,205 332,050
Creditors: amounts falling due within one year: 5 (379,476) (360,969)
Net current assets (liabilities): (118,271) (28,919)
Total assets less current liabilities: 143,179 203,424
Creditors: amounts falling due after more than one year: 6 (20,853) (16,631)
Total net assets (liabilities): 122,326 186,793
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 122,226 186,693
Shareholders funds: 122,326 186,793

The notes form part of these financial statements

SEA START LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: N.J.R. Eales
Status: Director

The notes form part of these financial statements

SEA START LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Intangible fixed assets and amortisation policy

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

SEA START LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

SEA START LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 9,000
At 31 October 2023 9,000
Net book value
At 31 October 2023 9,000
At 31 October 2022 9,000

SEA START LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 639,083
Additions 73,305
Disposals (28,295)
At 31 October 2023 684,093
Depreciation
At 01 November 2022 415,740
Charge for year 29,941
On disposals (14,038)
At 31 October 2023 431,643
Net book value
At 31 October 2023 252,450
At 31 October 2022 223,343

SEA START LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

31.10.23 31.10.22 £ £Bank loans and overdrafts 23,740 18,819Trade creditors 24,054 4,625 Taxation and social security 102,296 95,723Other creditors 229,386 241,802 -------------- ------------- 379,476 360,969

SEA START LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due after more than one year note

31.10.23 31.10.22 £ £Bank loans 20,853 16,631