IRIS Accounts Production v24.2.0.383 14505200 Board of Directors Board of Directors 24.11.22 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 1.00000 368392 362974 5418 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh145052002022-11-23145052002024-04-30145052002022-11-242024-04-30145052002022-11-2314505200ns15:EnglandWales2022-11-242024-04-3014505200ns14:PoundSterling2022-11-242024-04-3014505200ns10:Director12022-11-242024-04-3014505200ns10:Director22022-11-242024-04-3014505200ns10:PrivateLimitedCompanyLtd2022-11-242024-04-3014505200ns10:SmallEntities2022-11-242024-04-3014505200ns10:AuditExempt-NoAccountantsReport2022-11-242024-04-3014505200ns10:SmallCompaniesRegimeForDirectorsReport2022-11-242024-04-3014505200ns10:SmallCompaniesRegimeForAccounts2022-11-242024-04-3014505200ns10:FullAccounts2022-11-242024-04-301450520012022-11-242024-04-3014505200ns10:OrdinaryShareClass12022-11-242024-04-30145052001ns10:OrdinaryShareClass12022-11-242024-04-3014505200ns10:Director2422022-11-242024-04-3014505200ns10:Director2422024-04-3014505200ns10:RegisteredOffice2022-11-242024-04-3014505200ns5:CurrentFinancialInstruments2024-04-3014505200ns5:Non-currentFinancialInstruments2024-04-3014505200ns5:ShareCapital2024-04-3014505200ns5:RetainedEarningsAccumulatedLosses2024-04-3014505200ns5:NetGoodwill2022-11-242024-04-3014505200ns5:IntangibleAssetsOtherThanGoodwill2022-11-242024-04-3014505200ns5:FurnitureFittings2022-11-242024-04-3014505200ns5:MotorVehicles2022-11-242024-04-3014505200ns5:NetGoodwill2024-04-3014505200ns5:PlantMachinery2022-11-242024-04-3014505200ns5:PlantMachinery2024-04-3014505200ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3014505200ns5:Secured2024-04-3014505200ns10:OrdinaryShareClass12024-04-30145052001ns10:Director12022-11-23145052001ns10:Director12022-11-242024-04-30145052001ns10:Director12024-04-30
REGISTERED NUMBER: 14505200 (England and Wales)











FINANCIAL STATEMENTS

FOR THE PERIOD 24 NOVEMBER 2022 TO 30 APRIL 2024

FOR

SELLERS GROUP LTD

SELLERS GROUP LTD (REGISTERED NUMBER: 14505200)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 NOVEMBER 2022 TO 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SELLERS GROUP LTD

COMPANY INFORMATION
FOR THE PERIOD 24 NOVEMBER 2022 TO 30 APRIL 2024







DIRECTORS: D Sellers
A Forbes





REGISTERED OFFICE: Unit 19-21 Brookfield Business Park
Market Weighton
York
East Yorkshire
YO43 3PU





REGISTERED NUMBER: 14505200 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

SELLERS GROUP LTD (REGISTERED NUMBER: 14505200)

BALANCE SHEET
30 APRIL 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 175,387
Tangible assets 5 21,739
197,126

CURRENT ASSETS
Debtors 6 11,268
Cash at bank 21,042
32,310
CREDITORS
Amounts falling due within one year 7 87,737
NET CURRENT LIABILITIES (55,427 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,699

CREDITORS
Amounts falling due after more than one
year

8

(136,500

)

PROVISIONS FOR LIABILITIES (4,640 )
NET ASSETS 559

CAPITAL AND RESERVES
Called up share capital 10 100
Retained earnings 459
SHAREHOLDERS' FUNDS 559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

SELLERS GROUP LTD (REGISTERED NUMBER: 14505200)

BALANCE SHEET - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




D Sellers - Director



A Forbes - Director


SELLERS GROUP LTD (REGISTERED NUMBER: 14505200)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 NOVEMBER 2022 TO 30 APRIL 2024

1. STATUTORY INFORMATION

Sellers Group Ltd 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is generated from the provision of child day-care activities.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Pension costs and other post-retirement benefits
The company has implemented automatic enrolment into a workplace pension scheme in relation to all employees.

All contributions payable for the year are charged to the statement of income and retained earnings in the period to which they relate.

SELLERS GROUP LTD (REGISTERED NUMBER: 14505200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 NOVEMBER 2022 TO 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 24 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 196,695
At 30 April 2024 196,695
AMORTISATION
Charge for period 21,308
At 30 April 2024 21,308
NET BOOK VALUE
At 30 April 2024 175,387

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 26,498
At 30 April 2024 26,498
DEPRECIATION
Charge for period 4,759
At 30 April 2024 4,759
NET BOOK VALUE
At 30 April 2024 21,739

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 11,268

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 42,800
Trade creditors 420
Taxation and social security 34,229
Other creditors 10,288
87,737

SELLERS GROUP LTD (REGISTERED NUMBER: 14505200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 NOVEMBER 2022 TO 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 136,500

9. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 179,300

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 April 2024:

£   
D Sellers and A Forbes
Balance outstanding at start of period -
Amounts advanced 368,392
Amounts repaid (362,974 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 5,418