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
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
Seneca Advisory Ltd
Statement of financial position
as at 29 February 2024
Intangible assets
25,926
31,481
Tangible assets
8,298
14,376
Cash at bank and in hand
141,136
207,868
Creditors: amounts falling due within one year
(3,465)
(25,028)
Net current assets
222,040
309,013
Net assets
256,264
354,870
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
Seneca Advisory Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 29 February 2024
37,036
At 29 February 2024
11,110
At 29 February 2024
25,926
At 28 February 2023
31,481
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
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
At 29 February 2024
4,000
4,298
8,298
At 28 February 2023
12,208
2,168
14,376
Amounts falling due within one year
Trade debtors
79,627
108,780
Accrued income and prepayments
-
15,551
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
4,818
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).