Seabrook Sporting Limited |
Registered Number:14116055 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
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
Seabrook Sporting Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
17,812
13,216
2
17,812
13,216
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)
100
100
(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 |
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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
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling. |
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
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
For the year ended 31 May 2024
Seabrook Sporting Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
17,621
1,032
16,589
10,532
-
10,532
27,121
1,032
28,153
Provision for depreciation and impairment |
4,405
258
4,147
Charge for year
5,936
193
5,743
10,341
451
9,890
17,231
581
17,812
12,442
774
13,216
2023
2024
3,250
4,593
4. Trade and other receivables |
2023
2024
2,102
-
653
-
-
2,755
5. Trade and other payables: amounts falling due within one year |
2023
2024
8,782
4,019
Taxation and social security |
210
-
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
For the year ended 31 May 2024
Seabrook Sporting Limited
Notes to the Financial Statements Continued
4 of 4