SEVEN SEAS EXPORTS S.L LTD

Company Registration Number:
13744939 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

SEVEN SEAS EXPORTS S.L LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

SEVEN SEAS EXPORTS S.L LTD

Balance sheet

As at 30 November 2023


Notes

2023

13 months to 30 November 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 500,000 400,000
Tangible assets: 4 5,000,000 4,500,000
Investments: 5 2,000,000 1,800,000
Total fixed assets: 7,500,000 6,700,000
Current assets
Stocks: 1,200,000 1,000,000
Debtors:   800,000 750,000
Cash at bank and in hand: 2,500,000 2,200,000
Investments:   1,000,000 900,000
Total current assets: 5,500,000 4,850,000
Creditors: amounts falling due within one year:   (2,000,000) (1,800,000)
Net current assets (liabilities): 3,500,000 3,050,000
Total assets less current liabilities: 11,000,000 9,750,000
Creditors: amounts falling due after more than one year:   (2,500,000) (2,000,000)
Provision for liabilities: (200,000) (150,000)
Total net assets (liabilities): 8,300,000 7,600,000
Capital and reserves
Called up share capital: 5,000,000 5,000,000
Share premium account: 1,500,000 1,500,000
Revaluation reserve:6500,000450,000
Other reserves: 600,000 550,000
Profit and loss account: 700,000 100,000
Shareholders funds: 8,300,000 7,600,000

The notes form part of these financial statements

SEVEN SEAS EXPORTS S.L LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 August 2024
and signed on behalf of the board by:

Name: Aran O'Neill
Status: Director

The notes form part of these financial statements

SEVEN SEAS EXPORTS S.L LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SEVEN SEAS EXPORTS S.L LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 13 months to 30 November 2022
Average number of employees during the period 12 6

SEVEN SEAS EXPORTS S.L LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible Assets

Total
Cost £
At 01 December 2022 400,000
Additions 150,000
Disposals 0
Revaluations 0
Transfers 0
At 30 November 2023 550,000
Amortisation
At 01 December 2022 0
Charge for year 50,000
On disposals 0
Other adjustments 0
At 30 November 2023 50,000
Net book value
At 30 November 2023 500,000
At 30 November 2022 400,000

SEVEN SEAS EXPORTS S.L LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 5,000,000
Additions 500,000
Disposals 0
Revaluations 0
Transfers 0
At 30 November 2023 5,500,000
Depreciation
At 01 December 2022 500,000
Charge for year 0
On disposals 0
Other adjustments 0
At 30 November 2023 500,000
Net book value
At 30 November 2023 5,000,000
At 30 November 2022 4,500,000

SEVEN SEAS EXPORTS S.L LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Fixed investments

0

SEVEN SEAS EXPORTS S.L LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Revaluation reserve

2023
£
Balance at 01 December 2022 450,000
Surplus or deficit after revaluation 50,000
Balance at 30 November 2023 500,000