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Company Registration No. 10605225 (England and Wales)
Seneca Advisory Ltd Unaudited accounts for the year ended 29 February 2024
Seneca Advisory Ltd Unaudited accounts Contents
Page
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Seneca Advisory Ltd Company Information for the year ended 29 February 2024
Director
Ms. Biliana Borisova-Barker
Company Number
10605225 (England and Wales)
Registered Office
19 Lomond Close Tamworth B79 8ET England
Accountants
Sage Accounting Ltd 19 Lomond Close Tamworth Staffordshire United Kingdom B79 8ET
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Seneca Advisory Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,926 
31,481 
Tangible assets
8,298 
14,376 
34,224 
45,857 
Current assets
Debtors
84,369 
126,173 
Cash at bank and in hand
141,136 
207,868 
225,505 
334,041 
Creditors: amounts falling due within one year
(3,465)
(25,028)
Net current assets
222,040 
309,013 
Net assets
256,264 
354,870 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
256,164 
354,770 
Shareholders' funds
256,264 
354,870 
For the year ending 29 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 November 2024 and were signed on its behalf by
Ms. Biliana Borisova-Barker Director Company Registration No. 10605225
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Seneca Advisory Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Seneca Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 10605225. The registered office is 19 Lomond Close, Tamworth, B79 8ET, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 years straight line
Computer equipment
3 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2023
37,036 
At 29 February 2024
37,036 
Amortisation
At 1 March 2023
5,555 
Charge for the year
5,555 
At 29 February 2024
11,110 
Net book value
At 29 February 2024
25,926 
At 28 February 2023
31,481 
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Seneca Advisory Ltd Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
45,117 
12,303 
57,420 
Additions
1,023 
6,043 
7,066 
At 29 February 2024
46,140 
18,346 
64,486 
Depreciation
At 1 March 2023
32,909 
10,135 
43,044 
Charge for the year
9,231 
3,913 
13,144 
At 29 February 2024
42,140 
14,048 
56,188 
Net book value
At 29 February 2024
4,000 
4,298 
8,298 
At 28 February 2023
12,208 
2,168 
14,376 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
79,627 
108,780 
Accrued income and prepayments
- 
15,551 
Other debtors
4,742 
1,842 
84,369 
126,173 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,465 
12,646 
Taxes and social security
- 
4,818 
Other creditors
- 
7,564 
3,465 
25,028 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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