Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 05045461 Mr Moses Rubin Mr. Joseph Stern true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05045461 2023-02-28 05045461 2024-02-28 05045461 2023-03-01 2024-02-28 05045461 frs-core:CurrentFinancialInstruments 2024-02-28 05045461 frs-core:Non-currentFinancialInstruments 2024-02-28 05045461 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-28 05045461 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 05045461 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 05045461 frs-core:MotorVehicles 2024-02-28 05045461 frs-core:MotorVehicles 2023-03-01 2024-02-28 05045461 frs-core:MotorVehicles 2023-02-28 05045461 frs-core:ShareCapital 2024-02-28 05045461 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 05045461 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 05045461 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 05045461 frs-bus:SmallEntities 2023-03-01 2024-02-28 05045461 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 05045461 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 05045461 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-28 05045461 frs-bus:OrdinaryShareClass1 2024-02-28 05045461 1 2023-03-01 2024-02-28 05045461 frs-bus:Director1 2023-03-01 2024-02-28 05045461 frs-countries:EnglandWales 2023-03-01 2024-02-28 05045461 2022-02-28 05045461 2023-02-28 05045461 2022-03-01 2023-02-28 05045461 frs-core:CurrentFinancialInstruments 2023-02-28 05045461 frs-core:Non-currentFinancialInstruments 2023-02-28 05045461 frs-core:ShareCapital 2023-02-28 05045461 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 05045461 frs-bus:OrdinaryShareClass1 2022-03-01 2023-02-28
Registered number: 05045461
SEACOAST LTD
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05045461
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 130,000 130,000
130,000 130,000
CURRENT ASSETS
Debtors 5 33,135 33,135
33,135 33,135
Creditors: Amounts Falling Due Within One Year 6 (8,896 ) (7,067 )
NET CURRENT ASSETS (LIABILITIES) 24,239 26,068
TOTAL ASSETS LESS CURRENT LIABILITIES 154,239 156,068
Creditors: Amounts Falling Due After More Than One Year 7 (120,820 ) (120,820 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,795 ) (5,795 )
NET ASSETS 27,624 29,453
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 27,623 29,452
SHAREHOLDERS' FUNDS 27,624 29,453
Page 1
Page 2
For the year ending 28 February 2024 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Moses Rubin
Director
6th November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SEACOAST LTD is a private company, limited by shares, incorporated in England & Wales, registered number 05045461 . The registered office is Top Floor, 49 St Kildas Road, London, N16 5BS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the rent or received or receivable.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold NIL
Motor Vehicles 15% of Net Book Value
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Total
£ £ £
Cost
As at 1 March 2023 130,000 1,250 131,250
As at 28 February 2024 130,000 1,250 131,250
Depreciation
As at 1 March 2023 - 1,250 1,250
As at 28 February 2024 - 1,250 1,250
Net Book Value
As at 28 February 2024 130,000 - 130,000
As at 1 March 2023 130,000 - 130,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 33,135 33,135
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 8,566 6,767
Accruals and deferred income 330 300
8,896 7,067
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 120,820 120,820
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.000 each 1 1
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr. Joseph Stern by virtue of his ownership of 100% of the issued share capital in the company.
Page 4