Company registration number NI018401 (Northern Ireland)
SEAFORTH PROPERTY DEVELOPMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
SEAFORTH PROPERTY DEVELOPMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
4
SEAFORTH PROPERTY DEVELOPMENT COMPANY LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
1,351
857
Investment property
2,100,000
1,525,000
2,101,351
1,525,857
Current assets
Debtors
221,287
104,292
Cash at bank and in hand
-
0
3,476
221,287
107,768
Creditors: amounts falling due within one year
(96,964)
(30,913)
Net current assets
124,323
76,855
Total assets less current liabilities
2,225,674
1,602,712
Creditors: amounts falling due after more than one year
(496,271)
(503,093)
Provisions for liabilities
(248,169)
(104,205)
Net assets
1,481,234
995,414
Capital and reserves
Called up share capital
2
2
Share premium account
43,348
43,348
Profit and loss reserves
1,437,884
952,064
Total equity
1,481,234
995,414
SEAFORTH PROPERTY DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2023
31 August 2023
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 31 October 2024
Mr R West
Director
Company Registration No. NI018401
SEAFORTH PROPERTY DEVELOPMENT COMPANY LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -
Share capital
Share premium account
Revaluation reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
As restated for the period ended 31 August 2022:
Balance at 1 September 2021
2
43,348
779,726
230,568
941,619
Prior year adjustment
-
0
-
0
-
0
(112,025)
Prior year adjustment
-
-
0
(779,726)
779,726
-
As restated
2
43,348
-
0
898,269
941,619
Year ended 31 August 2022:
Profit and total comprehensive income for the year
-
-
-
55,795
55,795
Dividends
-
-
-
(2,000)
(2,000)
Balance at 31 August 2022
2
43,348
-
0
952,064
995,414
Year ended 31 August 2023:
Profit and total comprehensive income for the year
-
-
-
487,820
487,820
Dividends
-
-
-
(2,000)
(2,000)
Balance at 31 August 2023
2
43,348
-
0
1,437,884
1,481,234
SEAFORTH PROPERTY DEVELOPMENT COMPANY LIMITED
STATEMENT OF CHANGES IN EQUITY (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 4 -
1
Employees

The average monthly number of persons (not including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
-
0
-
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