Company Registration No. 13918268 (England and Wales)
SEERAH LIMITED
accounts
for the period from 1 March 2023 to 28 February 2024
SEERAH LIMITED
accounts
Contents
SEERAH LIMITED
Statement of financial position
as at 28 February 2024
Tangible assets
217,984
267,728
Cash at bank and in hand
6,540
(45,472)
Creditors: amounts falling due within one year
(309,100)
(250,957)
Net current liabilities
(222,575)
(163,685)
Total assets less current liabilities
(4,591)
104,043
Creditors: amounts falling due after more than one year
(106,304)
(132,880)
Net liabilities
(110,895)
(28,837)
Called up share capital
100
100
Profit and loss account
(110,995)
(28,937)
Shareholders' funds
(110,895)
(28,837)
For the period ending 28 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 his 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 4 April 2023 and were signed on its behalf by
Ali Nawaz
Director
Company Registration No. 13918268
SEERAH LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
SEERAH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13918268. The registered office is The Riverside, Kingsmead Road, Canterbury, CT1 1BN, 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 period, 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:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
45,352
235,564
7,220
288,136
At 28 February 2024
49,306
235,564
7,220
292,090
At 1 March 2023
3,338
16,348
722
20,408
Charge for the period
8,555
43,843
1,300
53,698
At 28 February 2024
11,893
60,191
2,022
74,106
At 28 February 2024
37,413
175,373
5,198
217,984
At 28 February 2023
42,014
219,216
6,498
267,728
SEERAH LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Amounts falling due within one year
Other debtors
72,700
66,200
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
76,568
91,152
Taxes and social security
238
(506)
Other creditors
101,511
53,261
Loans from directors
130,783
107,050
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Creditors: amounts falling due after more than one year
2024
2023
Bank loans
106,304
132,880
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Average number of employees
During the period the average number of employees was 21 (2023: 20).