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REGISTERED NUMBER: 10924418 (England and Wales)















SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED (REGISTERED NUMBER: 10924418)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







Directors: N L Lees
S W Palmer
I P Bond
J Cooper





Registered office: 35a High Street
Haslemere
Surrey
GU27 2JY





Registered number: 10924418 (England and Wales)





Accountants: JPS Accountancy Limited
Chartered Accountants
Thorncroft Manor
Thorncroft Drive
Leatherhead
Surrey
KT22 8JB

SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED (REGISTERED NUMBER: 10924418)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 27,496 32,298

CURRENT ASSETS
Debtors 5 28,564 38,679
Cash at bank 171,890 215,404
200,454 254,083
CREDITORS
Amounts falling due within one year 6 (79,189 ) (81,948 )
NET CURRENT ASSETS 121,265 172,135
TOTAL ASSETS LESS CURRENT LIABILITIES 148,761 204,433

CREDITORS
Amounts falling due after more than one
year

7

(11,666

)

(61,244

)
NET ASSETS 137,095 143,189

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 8 - 423
Retained earnings 8 136,995 142,666
137,095 143,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED (REGISTERED NUMBER: 10924418)

BALANCE SHEET - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:




N L Lees - Director S W Palmer - Director




I P Bond - Director J Cooper - Director


SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED (REGISTERED NUMBER: 10924418)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Seymours Estate Agents (Haslemere) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention unless otherwise stated below.

Turnover
Turnover represents the fair value of services provided in the ordinary course of the business, excluding Value Added Tax. In the case of property sales, commission receivable is recognised at the date of exchange of properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Over the period of the lease
Office equipment - 20% on cost

Financial instruments
Financial instruments are classified by directors as basic or non-basic following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest rate method.

Where a financial instrument constitutes a financing transaction, it is initially measured at the present value of the future payments, discounted at a market rate of interest. For financing transactions with group undertakings, the difference between the transaction price and the present value of future payments is recognised as a separate reserve within equity. For all other financing transactions, the difference between the transactions and the present value of future payments is recognised in the income and expenditure account.

Taxation
Taxation for the year comprises current and deferred tax. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED (REGISTERED NUMBER: 10924418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Office
property equipment Totals
£    £    £   
Cost
At 1 April 2023 58,951 21,691 80,642
Additions - 3,125 3,125
At 31 March 2024 58,951 24,816 83,767
Depreciation
At 1 April 2023 30,880 17,464 48,344
Charge for year 5,895 2,032 7,927
At 31 March 2024 36,775 19,496 56,271
Net book value
At 31 March 2024 22,176 5,320 27,496
At 31 March 2023 28,071 4,227 32,298

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,630 35,055
Other debtors 1,934 3,624
28,564 38,679

SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED (REGISTERED NUMBER: 10924418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,251 8,560
Amounts owed to group undertakings - 4,264
Taxation and social security 59,898 55,464
Other creditors 5,040 3,660
79,189 81,948

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,666 21,667
Amounts owed to group undertakings - 39,577
11,666 61,244

8. RESERVES


Other
reserves


Totals
££

At 1 April 2023423 423
Transferred to retained earnings(423)(423)
At 31 March 2024- -

9. OFF-BALANCE SHEET ARRANGEMENTS

The operating lease obligation for the premises from which the company operates is in the name of a member of the group. The lease is for a period of 10 years and is recharged at a cost of £15,000 per annum. At 31 March 2024, there are 3.5 years remaining on the lease.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SEYMOURS ESTATE AGENTS (HASLEMERE)
LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Seymours Estate Agents (Haslemere) Limited for the year ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Seymours Estate Agents (Haslemere) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Seymours Estate Agents (Haslemere) Limited and state those matters that we have agreed to state to the Board of Directors of Seymours Estate Agents (Haslemere) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seymours Estate Agents (Haslemere) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Seymours Estate Agents (Haslemere) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Seymours Estate Agents (Haslemere) Limited. You consider that Seymours Estate Agents (Haslemere) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Seymours Estate Agents (Haslemere) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






JPS Accountancy Limited
Chartered Accountants
Thorncroft Manor
Thorncroft Drive
Leatherhead
Surrey
KT22 8JB


30 July 2024