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REGISTERED NUMBER: 03425033 (England and Wales)















Seton Services Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






Seton Services Limited (Registered number: 03425033)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Seton Services Limited

Company Information
for the year ended 31 March 2024







Directors: T E Vallen
B JM Baillavoine





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 03425033 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Seton Services Limited (Registered number: 03425033)

Balance Sheet
31 March 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 3 8,564 12,375
Investments 4 52,136 47,063
60,700 59,438

Current assets
Debtors 5 6,000 6,000
Cash at bank 72,084 91,197
78,084 97,197
Creditors
Amounts falling due within one year 6 24,776 32,731
Net current assets 53,308 64,466
Total assets less current liabilities 114,008 123,904

Capital and reserves
Called up share capital 7 2 2
Retained earnings 8 114,006 123,902
Shareholders' funds 114,008 123,904

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.

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 21 November 2024 and were signed on its behalf by:





T E Vallen - Director


Seton Services Limited (Registered number: 03425033)

Notes to the Financial Statements
for the year ended 31 March 2024


1. 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 represents invoices for services rendered.

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 - 33% on cost
Fixtures and fittings - 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

2. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

3. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2023
and 31 March 2024 27,912
Depreciation
At 1 April 2023 15,537
Charge for year 3,811
At 31 March 2024 19,348
Net book value
At 31 March 2024 8,564
At 31 March 2023 12,375

Seton Services Limited (Registered number: 03425033)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


4. Fixed asset investments

Investments (neither listed nor unlisted) were as follows:
2024 2023
£ £
Other investments 52,136 47,063

5. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 6,000 6,000

6. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation and social security 21,662 30,917
Other creditors 3,114 1,814
24,776 32,731

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 Ordinary £1 2 2

8. Reserves
Retained
earnings
£

At 1 April 2023 123,902
Profit for the year 64,104
Dividends (74,000 )
At 31 March 2024 114,006