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REGISTERED NUMBER: 11428485 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 June 2024

for

The Seed Basket Limited

The Seed Basket Limited (Registered number: 11428485)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Seed Basket Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr A Twigg
Mrs D L Twigg





REGISTERED OFFICE: Unit 190
Metro House
57 Pepper Road
Leeds
West Yorkshire
LS10 2RU





REGISTERED NUMBER: 11428485 (England and Wales)





ACCOUNTANTS: SMH BCL Accountants Ltd
2, Pavilion Business Park
Royds Hall Road
Lower Wortley
Leeds
LS12 6AJ

The Seed Basket Limited (Registered number: 11428485)

Balance Sheet
30 June 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 63 84
Investments 5 39,573 39,573
39,636 39,657

CURRENT ASSETS
Stocks 50 100
Debtors 6 2,000 -
Cash at bank 13,380 13,003
15,430 13,103
CREDITORS
Amounts falling due within one year 7 1,051 2,242
NET CURRENT ASSETS 14,379 10,861
TOTAL ASSETS LESS CURRENT LIABILITIES 54,015 50,518

PROVISIONS FOR LIABILITIES 12 16
NET ASSETS 54,003 50,502

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 54,002 50,501
SHAREHOLDERS' FUNDS 54,003 50,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Income Statement has not been delivered.

The Seed Basket Limited (Registered number: 11428485)

Balance Sheet - continued
30 June 2024



The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





Mr A Twigg - Director


The Seed Basket Limited (Registered number: 11428485)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

The Seed Basket 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
Turnover 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Stocks 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 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

The Seed Basket Limited (Registered number: 11428485)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 July 2023
and 30 June 2024 204 898 1,102
DEPRECIATION
At 1 July 2023 120 898 1,018
Charge for year 21 - 21
At 30 June 2024 141 898 1,039
NET BOOK VALUE
At 30 June 2024 63 - 63
At 30 June 2023 84 - 84

5. FIXED ASSET INVESTMENTS
Interest in
associate
£
COST
At 1 July 2023
and 30 June 2024 39,573
NET BOOK VALUE
At 30 June 2024 39,573
At 30 June 2023 39,573

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed by group undertakings 2,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 356 1,337
Other creditors 695 905
1,051 2,242