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Company Registration No. 8476162 (England and Wales)
SERAFIN LTD Unaudited accounts for the year ended 29 February 2024
SERAFIN LTD Unaudited accounts Contents
Page
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SERAFIN LTD Company Information for the year ended 29 February 2024
Director
Tomasz Serafin
Company Number
8476162 (England and Wales)
Registered Office
67 Parsonsfield Road Banstead SM7 1JP
Accountants
Dorota Cukierska International House 142 Cromwell Road London SW7 4EF
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SERAFIN LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
43,412 
34,402 
Investment property
143,000 
143,000 
186,412 
177,402 
Current assets
Debtors
163,254 
143,081 
Cash at bank and in hand
- 
41,996 
163,254 
185,077 
Creditors: amounts falling due within one year
(172,211)
(197,761)
Net current liabilities
(8,957)
(12,684)
Total assets less current liabilities
177,456 
164,719 
Creditors: amounts falling due after more than one year
(176,849)
(164,575)
Net assets
607 
144 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
606 
143 
Shareholders' funds
607 
144 
For the year ending 29 February 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 August 2024 and were signed on its behalf by
Tomasz Serafin Director Company Registration No. 8476162
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SERAFIN LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SERAFIN LTD is a private company, limited by shares, registered in England and Wales, registration number 8476162. The registered office is 67 Parsonsfield Road, Banstead, SM7 1JP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Fixtures & fittings
25%
Computer equipment
33%
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SERAFIN LTD Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
41,412 
33,985 
4,611 
80,008 
Additions
21,897 
- 
2,026 
23,923 
At 29 February 2024
63,309 
33,985 
6,637 
103,931 
Depreciation
At 1 March 2023
24,999 
18,118 
2,489 
45,606 
Charge for the year
9,577 
3,967 
1,369 
14,913 
At 29 February 2024
34,576 
22,085 
3,858 
60,519 
Net book value
At 29 February 2024
28,733 
11,900 
2,779 
43,412 
At 28 February 2023
16,413 
15,867 
2,122 
34,402 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
143,000 
At 29 February 2024
143,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
163,254 
143,081 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
26,455 
29,828 
VAT
40,469 
50,061 
Trade creditors
23,106 
1,225 
Taxes and social security
82,181 
116,647 
172,211 
197,761 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
103,252 
98,013 
Taxes and social security
73,597 
66,562 
176,849 
164,575 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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SERAFIN LTD Notes to the Accounts for the year ended 29 February 2024
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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