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REGISTERED NUMBER: 02080911 (England and Wales)










RHK Seelig Limited

Financial Statements

for the Year Ended 31st October 2023






RHK Seelig Limited (Registered number: 02080911)






Contents of the Financial Statements
for the Year Ended 31st October 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


RHK Seelig Limited (Registered number: 02080911)

Balance Sheet
31st October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 658,505 682,664
Investments 5 1,054,832 1,442,970
1,713,337 2,125,634

CURRENT ASSETS
Stocks 24,375 31,800
Debtors 6 281,702 282,671
Cash at bank 1,084,149 659,259
1,390,226 973,730
CREDITORS
Amounts falling due within one year 7 261,147 487,845
NET CURRENT ASSETS 1,129,079 485,885
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,842,416

2,611,519

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Retained earnings 2,838,416 2,607,519
SHAREHOLDERS' FUNDS 2,842,416 2,611,519

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

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

RHK Seelig Limited (Registered number: 02080911)

Balance Sheet - continued
31st October 2023


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 financial statements were approved by the Board of Directors and authorised for issue on 11th October 2024 and were signed on its behalf by:




R H K Seelig - Director



Mrs R H K Seelig - Director


RHK Seelig Limited (Registered number: 02080911)

Notes to the Financial Statements
for the Year Ended 31st October 2023

1. STATUTORY INFORMATION

RHK Seelig Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02080911

Registered office: Upton House
Upton
Tetbury
Gloucestershire
GL8 8LP

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents revenue recognised by the company in respect of goods and services supplied during the year, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures, fittings and equipment - 10% on reducing balance
Motor vehicles - 12.5% on reducing balance

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.

RHK Seelig Limited (Registered number: 02080911)

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

2. ACCOUNTING POLICIES - continued

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 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Freehold and Motor
property equipment vehicles Totals
£    £    £    £   
COST
At 1st November 2022
and 31st October 2023 976,196 233,883 112,136 1,322,215
DEPRECIATION
At 1st November 2022 387,251 175,034 77,266 639,551
Charge for year 12,037 5,435 6,687 24,159
At 31st October 2023 399,288 180,469 83,953 663,710
NET BOOK VALUE
At 31st October 2023 576,908 53,414 28,183 658,505
At 31st October 2022 588,945 58,849 34,870 682,664

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st November 2022 1,442,970
Additions 787,099
Disposals (1,235,653 )
Revaluations 60,416
At 31st October 2023 1,054,832
NET BOOK VALUE
At 31st October 2023 1,054,832
At 31st October 2022 1,442,970

Cost or valuation at 31st October 2023 is represented by:

Other
investments
£   
Valuation in 2022 1,054,832

RHK Seelig Limited (Registered number: 02080911)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 253,824 157,594
Other debtors 27,878 125,077
281,702 282,671

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 11,558 -
Taxation and social security 56,811 1,151
Other creditors 192,778 486,694
261,147 487,845

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2023 and 31st October 2022:

2023 2022
£    £   
R H K Seelig
Balance outstanding at start of year (331,394 ) (471,889 )
Amounts advanced 295,795 460,006
Amounts repaid - (319,511 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (35,599 ) (331,394 )