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REGISTERED NUMBER: 01965388 (England and Wales)









Financial Statements

for the Year Ended 31 December 2023

for

R.G. Seyers (Edmonton) Limited

R.G. Seyers (Edmonton) Limited (Registered number: 01965388)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


R.G. Seyers (Edmonton) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R A Pusey
Miss J E Pusey





REGISTERED OFFICE: 3 Balham Road
Edmonton
London
N9 7AE





REGISTERED NUMBER: 01965388 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

R.G. Seyers (Edmonton) Limited (Registered number: 01965388)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 13,509 18,131

CURRENT ASSETS
Inventories 5 32,162 32,500
Debtors 6 10,095 11,455
Cash at bank and in hand 69,261 45,153
111,518 89,108
CREDITORS
Amounts falling due within one year 7 (99,797 ) (87,746 )
NET CURRENT ASSETS 11,721 1,362
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,230

19,493

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 25,130 19,393
SHAREHOLDERS' FUNDS 25,230 19,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





Miss J E Pusey - Director


R.G. Seyers (Edmonton) Limited (Registered number: 01965388)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

R.G. Seyers (Edmonton) 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% Straight line
Computer equipment - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

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.

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 4 (2022 - 4 ) .

R.G. Seyers (Edmonton) Limited (Registered number: 01965388)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 14,334 21,160 3,367 38,861
DEPRECIATION
At 1 January 2023 12,996 4,584 3,150 20,730
Charge for year 335 4,233 54 4,622
At 31 December 2023 13,331 8,817 3,204 25,352
NET BOOK VALUE
At 31 December 2023 1,003 12,343 163 13,509
At 31 December 2022 1,338 16,576 217 18,131

5. INVENTORIES
2023 2022
£    £   
Finished goods 32,162 32,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,019 6,776
Tax 4,236 4,236
Prepayments 840 443
10,095 11,455

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 15,931 15,055
Social security and other taxes 486 535
VAT 18,367 14,157
Director's current account 12,195 22,999
Accruals and deferred income 52,818 35,000
99,797 87,746