IRIS Accounts Production v24.3.0.553 07861434 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078614342023-03-31078614342024-03-31078614342023-04-012024-03-31078614342022-03-31078614342022-04-012023-03-31078614342023-03-3107861434ns15:EnglandWales2023-04-012024-03-3107861434ns14:PoundSterling2023-04-012024-03-3107861434ns10:Director12023-04-012024-03-3107861434ns10:Director22023-04-012024-03-3107861434ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107861434ns10:SmallEntities2023-04-012024-03-3107861434ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3107861434ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107861434ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107861434ns10:FullAccounts2023-04-012024-03-3107861434ns10:RegisteredOffice2023-04-012024-03-3107861434ns5:CurrentFinancialInstruments2024-03-3107861434ns5:CurrentFinancialInstruments2023-03-3107861434ns5:Non-currentFinancialInstruments2024-03-3107861434ns5:Non-currentFinancialInstruments2023-03-3107861434ns5:ShareCapital2024-03-3107861434ns5:ShareCapital2023-03-3107861434ns5:RetainedEarningsAccumulatedLosses2024-03-3107861434ns5:RetainedEarningsAccumulatedLosses2023-03-3107861434ns5:PlantMachinery2023-04-012024-03-3107861434ns5:FurnitureFittings2023-04-012024-03-3107861434ns5:ComputerEquipment2023-04-012024-03-3107861434ns5:PlantMachinery2023-03-3107861434ns5:FurnitureFittings2023-03-3107861434ns5:ComputerEquipment2023-03-3107861434ns5:PlantMachinery2024-03-3107861434ns5:FurnitureFittings2024-03-3107861434ns5:ComputerEquipment2024-03-3107861434ns5:PlantMachinery2023-03-3107861434ns5:FurnitureFittings2023-03-3107861434ns5:ComputerEquipment2023-03-3107861434ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107861434ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107861434ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3107861434ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3107861434ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3107861434ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-31
REGISTERED NUMBER: 07861434 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SEAM ARCHITECTS LIMITED

SEAM ARCHITECTS LIMITED (REGISTERED NUMBER: 07861434)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

SEAM ARCHITECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M A R Norton
S Hanmer





REGISTERED OFFICE: 145 The High Street
Sevenoaks
Kent
TN13 1XJ





REGISTERED NUMBER: 07861434 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

SEAM ARCHITECTS LIMITED (REGISTERED NUMBER: 07861434)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,247 4,839

CURRENT ASSETS
Debtors 5 59,461 32,038
Cash at bank 53,495 83,422
112,956 115,460
CREDITORS
Amounts falling due within one year 6 53,740 47,352
NET CURRENT ASSETS 59,216 68,108
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,463

72,947

CREDITORS
Amounts falling due after more than one
year

7

(11,500

)

(17,500

)

PROVISIONS FOR LIABILITIES (1,499 ) (1,065 )
NET ASSETS 52,464 54,382

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 52,424 54,342
SHAREHOLDERS' FUNDS 52,464 54,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

SEAM ARCHITECTS LIMITED (REGISTERED NUMBER: 07861434)

BALANCE SHEET - continued
31 MARCH 2024


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 18 October 2024 and were signed on its behalf by:




M A R Norton - Director



S Hanmer - Director


SEAM ARCHITECTS LIMITED (REGISTERED NUMBER: 07861434)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Seam Architects 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
The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised when a right to consideration exists, and includes amounts recoverable on contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

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 (2023 - 3 ) .

SEAM ARCHITECTS LIMITED (REGISTERED NUMBER: 07861434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 - 1,639 24,834 26,473
Additions 4,787 50 - 4,837
At 31 March 2024 4,787 1,689 24,834 31,310
DEPRECIATION
At 1 April 2023 - 1,375 20,259 21,634
Charge for year 1,197 78 2,154 3,429
At 31 March 2024 1,197 1,453 22,413 25,063
NET BOOK VALUE
At 31 March 2024 3,590 236 2,421 6,247
At 31 March 2023 - 264 4,575 4,839

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 46,080 21,107
Amounts recoverable on contract 6,659 9,208
Other debtors 1,539 1,539
Prepayments 5,183 184
59,461 32,038

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors 7,671 2,179
Tax 27,559 26,270
Social security and other taxes 36 (48 )
VAT 8,313 8,639
Pension control 110 110
Directors' current accounts 1,305 1,305
Accrued expenses 2,746 2,897
53,740 47,352

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 6,000 6,000
Bank loans - 2-5 years 5,500 11,500
11,500 17,500

8. RELATED PARTY DISCLOSURES

As at the balance sheet date the company owed the directors £1,305 (2023 - £1,305). This loan is payable on demand and has no terms attached.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SEAM ARCHITECTS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Seam Architects Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Seam Architects Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Seam Architects Limited and state those matters that we have agreed to state to the Board of Directors of Seam Architects Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seam Architects Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Seam Architects Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Seam Architects Limited. You consider that Seam Architects Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Seam Architects Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


6 November 2024