Company Registration No. 14185322 (England and Wales)
Seeders UK Link Building Limited
Unaudited accounts
for the year ended 31 December 2023
Seeders UK Link Building Limited
Unaudited accounts
Contents
Seeders UK Link Building Limited
Company Information
for the year ended 31 December 2023
Directors
Timothy John Greatrex
Helen Elizabeth Brassington
Philip Kropp
Dennis Akkerman
Company Number
14185322 (England and Wales)
Registered Office
Unit 4.01 Piano House,
9 Brighton Terrace
London
SW9 8DJ
United Kingdom
Accountants
Viktoriya Ilika
53
Doddsfield Road
SLOUGH
Berkshire
SL2 2BD
Seeders UK Link Building Limited
Statement of financial position
as at 31 December 2023
Called up share capital not paid
100
100
Cash at bank and in hand
81,559
66,468
Creditors: amounts falling due within one year
(207,766)
(38,500)
Net current assets
80,532
50,927
Total assets less current liabilities
80,632
51,027
Creditors: amounts falling due after more than one year
(60,000)
(60,000)
Net assets/(liabilities)
20,632
(8,973)
Called up share capital
100
100
Profit and loss account
20,532
(9,073)
Shareholders' funds
20,632
(8,973)
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 April 2024 and were signed on its behalf by
Dennis Akkerman
Director
Company Registration No. 14185322
Seeders UK Link Building Limited
Notes to the Accounts
for the year ended 31 December 2023
Seeders UK Link Building Limited is a private company, limited by shares, registered in England and Wales, registration number 14185322. The registered office is Unit 4.01 Piano House, , 9 Brighton Terrace, London, SW9 8DJ, United Kingdom.
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.
3.1 Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recognised in the period in which it relates. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against invoices raised, so that revenue is only recognised if the work has been completed for the client by the end of the financial year.
3.2 Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment.
3.3 Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3.4 Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3.5 The accounts are presented in £ sterling.
4
Transactions with related parties
Related party transactions
Passion Digital Ltd - The amount due to the related party at the end of the year was £30,000.00.
Seeders Holding B.V. - The amount due to the related party at the end of the year was £30,000.00.
5
Average number of employees
During the year the average number of employees was 2 (2022: 1).