Sea and Land Project Holdings Limited Filleted Accounts Cover
Sea and Land Project Holdings Limited
Company No. 13014323
Information for Filing with The Registrar
31 December 2023
Sea and Land Project Holdings Limited Balance Sheet Registrar
at
31 December 2023
Company No.
13014323
Notes
2023
2022
£
£
Fixed assets
Investments
4
100100
100100
Current assets
Debtors
5
73,22570,000
Cash at bank and in hand
2,04747
75,27270,047
Creditors: Amount falling due within one year
6
(188)
(150)
Net current assets
75,08469,897
Total assets less current liabilities
75,18469,997
Net assets
75,18469,997
Capital and reserves
Called up share capital
100100
Share premium account
8
69,90069,900
Profit and loss account
8
5,184
(3)
Total equity
75,18469,997
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 17 September 2024 and signed on its behalf by:
B.A. French
Director
17 September 2024
Sea and Land Project Holdings Limited Notes to the Accounts Registrar
for the year ended 31 December 2023
1
General information
Sea and Land Project Holdings Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 13014323
Its registered office is:
Central House
20 Central Avenue
St Andrews Business Park
Norwich
NR7 0HR
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate 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.
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
33
4
Investments
Investment in Subsidiaries
Total
£
£
Cost or valuation
At 1 January 2023
100
100
At 31 December 2023
100
100
Provisions/Impairment
Net book values
At 31 December 2023
100
100
At 31 December 2022
100
100
5
Debtors
2023
2022
£
£
Amounts owed by group undertakings
55,22550,000
Other debtors
18,00020,000
73,22570,000
6
Creditors:
amounts falling due within one year
2023
2022
£
£
Trade creditors
38-
Other creditors
150150
188150
7
Share Capital
At the year end the company had 50 £1.00 A Ordinary shares, 25 £1.00 B Ordinary shares and 25 £1.00 C Ordinary shares, all of which are paid up at par excluding the B Ordinary shares which are partly paid.
8
Reserves
Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
Profit and loss account - includes all current and prior period retained profits and losses.
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