Company Registration No. 13136193 (England and Wales)
Sed Omnibus Ltd
Unaudited accounts
for the year ended 31 January 2024
Sed Omnibus Ltd
Unaudited accounts
Contents
Sed Omnibus Ltd
Company Information
for the year ended 31 January 2024
Company Number
13136193 (England and Wales)
Registered Office
51 Grove Way
Esher
KT10 8HQ
England
Accountants
Cyfrifwyr RM Accountants
Unit 7, Yr Hen Farchnad
Llandeilo
SA19 6BJ
Sed Omnibus Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
569,000
569,000
Cash at bank and in hand
23,312
6,297
Creditors: amounts falling due within one year
(227,490)
(216,552)
Net current liabilities
(202,956)
(210,255)
Total assets less current liabilities
366,044
358,745
Creditors: amounts falling due after more than one year
(383,550)
(383,550)
Net liabilities
(17,506)
(24,805)
Called up share capital
1
1
Profit and loss account
(17,507)
(24,806)
Shareholders' funds
(17,506)
(24,805)
For the year ending 31 January 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 4 August 2024 and were signed on its behalf by
J Hancock
Director
Company Registration No. 13136193
Sed Omnibus Ltd
Notes to the Accounts
for the year ended 31 January 2024
Sed Omnibus Ltd is a private company, limited by shares, registered in England and Wales, registration number 13136193. The registered office is 51 Grove Way, Esher, KT10 8HQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
The freehold property is not depreciated but its value is reviewed annually. The director is of the opinion that £569,000 represents the open market value of the company's investment property as at 31 January 2024.
4
Tangible fixed assets
Land & buildings
At 1 February 2023
569,000
At 31 January 2024
569,000
At 31 January 2024
569,000
At 31 January 2023
569,000
Amounts falling due within one year
Sed Omnibus Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
224,890
216,552
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
383,550
383,550
The bank loans are secured by legal charges over the assets of the company.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).