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REGISTERED NUMBER: 11781850 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Seathor Limited

Seathor Limited (Registered number: 11781850)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Seathor Limited (Registered number: 11781850)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,142 5,509
Tangible assets 5 2,054 2,975
7,196 8,484

CURRENT ASSETS
Debtors 6 68,605 48,071
Cash at bank 44,655 80,787
113,260 128,858
CREDITORS
Amounts falling due within one year 7 51,511 48,316
NET CURRENT ASSETS 61,749 80,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,945

89,026

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 67,945 88,026
68,945 89,026

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 director acknowledges his 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.

Seathor Limited (Registered number: 11781850)

Statement of Financial Position - 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 director and authorised for issue on 15 November 2024 and were signed by:





Mr A Simmonds - Director


Seathor Limited (Registered number: 11781850)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Seathor Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11781850

Registered office: Arrow Mill
Queensway
Rochdale
Lancashire
OL11 2YW

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of seventeen years.

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 etc - 25% on cost

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 4 (2023 - 4 ) .

Seathor Limited (Registered number: 11781850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 April 2023
and 31 March 2024 6,244
AMORTISATION
At 1 April 2023 735
Amortisation for year 367
At 31 March 2024 1,102
NET BOOK VALUE
At 31 March 2024 5,142
At 31 March 2023 5,509

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 4,167
Additions 161
At 31 March 2024 4,328
DEPRECIATION
At 1 April 2023 1,192
Charge for year 1,082
At 31 March 2024 2,274
NET BOOK VALUE
At 31 March 2024 2,054
At 31 March 2023 2,975

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 67,391 46,857
Other debtors 1,214 1,214
68,605 48,071

Seathor Limited (Registered number: 11781850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 38,702 16,855
Tax (19 ) 12,695
Social security and other taxes 2,950 6,620
VAT 6,587 8,525
Other creditors 267 621
Directors' current accounts 3,000 3,000
Accruals and deferred income 24 -
51,511 48,316