Company Registration No. 09793300 (England and Wales)
SEEFORTH SERVICES LTD
Unaudited accounts
for the year ended 30 September 2023
SEEFORTH SERVICES LTD
Unaudited accounts
Contents
SEEFORTH SERVICES LTD
Company Information
for the year ended 30 September 2023
Directors
Elesa Louisa Seaforth
Lawrence Alexander Seaforth
Company Number
09793300 (England and Wales)
Registered Office
3rd Floor
86-90 Paul Street
London
EC2A 4NE
England
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
SEEFORTH SERVICES LTD
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
1,466
3,343
Creditors: amounts falling due within one year
(21,419)
(11,256)
Net current assets
2,776
15,358
Called up share capital
100
100
Profit and loss account
2,676
15,258
Shareholders' funds
2,776
15,358
For the year ending 30 September 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by
Elesa Louisa Seaforth
Director
Company Registration No. 09793300
SEEFORTH SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2023
SEEFORTH SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 09793300. The registered office is 3rd Floor , 86-90 Paul Street, London, EC2A 4NE, 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.
These financial statements have been prepared in accordance with 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.
The accounts are presented in £ sterling.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
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.
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
SEEFORTH SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2023
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Amounts falling due within one year
Trade debtors
22,729
23,271
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,181
-
Taxes and social security
20
1,845
Loans from directors
1,333
112
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).