2023-06-01 14116055 2024-05-31 14116055 2023-06-01 2024-05-31 14116055 2023-05-31 14116055 2022-05-18 2023-05-31 14116055 uk-core:WithinOneYear 2023-05-31 14116055 uk-core:WithinOneYear 2024-05-31 14116055 uk-core:ShareCapital 2024-05-31 14116055 uk-core:ShareCapital 2023-05-31 14116055 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 14116055 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 14116055 uk-bus:Director1 2023-06-01 2024-05-31 14116055 uk-core:PlantMachinery 2023-06-01 2024-05-31 14116055 uk-core:FurnitureFittings 2023-06-01 2024-05-31 14116055 uk-core:FurnitureFittings 2023-05-31 14116055 uk-core:PlantMachinery 2023-05-31 14116055 uk-core:PlantMachinery 2024-05-31 14116055 uk-core:FurnitureFittings 2024-05-31 iso4217:GBP xbrli:pure 14116055 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14116055 uk-bus:FRS102 2023-06-01 2024-05-31 14116055 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 14116055 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Seabrook Sporting Limited
Registered Number:14116055
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Seabrook Sporting Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
14116055
As at 31 May 2024
Seabrook Sporting Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
17,812
13,216
2
17,812
13,216
Current assets
Inventories
4,593
3,250
3
Trade and other receivables
-
2,755
4
23,771
Cash and cash equivalents
40,853
46,858
28,364
Trade and other payables: amounts falling due within one year
(44,422)
(65,841)
5
(16,058)
(18,983)
Net current liabilities
Total assets less current liabilities
(1,171)
(2,842)
(1,396)
559
Provisions for liabilities
(2,567)
Net liabilities
(2,283)
Capital and reserves
Called up share capital
100
100
Retained earnings
(2,667)
(2,383)
(2,567)
(2,283)
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Carolyn B Seabrook Director
These financial statements were approved and authorised for issue by the Board on 02 July 2024 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 May 2024
Seabrook Sporting Limited
Notes to the Financial Statements
Statutory Information
Seabrook Sporting Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 14116055.
Principal place of business:
Little Leighs Hall
Church Lane
Chelmsford
Essex
CM3 1PG
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Furniture and Fittings
Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2 of 4
5
For the year ended 31 May 2024
Seabrook Sporting Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or valuation
At 01 June 2023
17,621
1,032
16,589
10,532
-
10,532
Additions
At 31 May 2024
27,121
1,032
28,153
Provision for depreciation and impairment
At 01 June 2023
4,405
258
4,147
Charge for year
5,936
193
5,743
At 31 May 2024
10,341
451
9,890
At 31 May 2024
Net book value
17,231
581
17,812
At 31 May 2023
12,442
774
13,216
3. Inventories
2023
2024
£
£
Stocks
3,250
4,593
4. Trade and other receivables
2023
2024
£
£
Trade debtors
2,102
-
Other debtors
653
-
-
2,755
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
8,782
4,019
Taxation and social security
210
-
Other creditors
56,849
40,403
65,841
44,422
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 4
6
For the year ended 31 May 2024
Seabrook Sporting Limited
Notes to the Financial Statements Continued
4 of 4