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Company Registration No. 11195714 (England and Wales)
Sev2000 Ltd Unaudited accounts for the year ended 29 February 2024
Sev2000 Ltd Unaudited accounts Contents
Page
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Sev2000 Ltd Company Information for the year ended 29 February 2024
Director
Edmond-Volinett Stanciu
Company Number
11195714 (England and Wales)
Registered Office
25 Hughenden Drive Leicester Leicestershire LE2 7PX England
Accountants
UJS London Ltd 127A High Street Hornchurch RM11 1TX
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Sev2000 Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
84 
195 
Current assets
Debtors
7,096 
4,033 
Cash at bank and in hand
107 
100 
7,203 
4,133 
Creditors: amounts falling due within one year
(6,833)
(5,272)
Net current assets/(liabilities)
370 
(1,139)
Net assets/(liabilities)
454 
(944)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
354 
(1,044)
Shareholders' funds
454 
(944)
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 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 31 January 2025 and were signed on its behalf by
Edmond-Volinett Stanciu Director Company Registration No. 11195714
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Sev2000 Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Sev2000 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11195714. The registered office is 25 Hughenden Drive, Leicester, Leicestershire, LE2 7PX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
1,599 
334 
1,933 
Disposals
(1,599)
- 
(1,599)
At 29 February 2024
- 
334 
334 
Depreciation
At 1 March 2023
1,599 
139 
1,738 
Charge for the year
- 
111 
111 
On disposals
(1,599)
- 
(1,599)
At 29 February 2024
- 
250 
250 
Net book value
At 29 February 2024
- 
84 
84 
At 28 February 2023
- 
195 
195 
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Sev2000 Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
3,971 
4,033 
Amounts falling due after more than one year
Other debtors
3,125 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
229 
- 
Other creditors
1,000 
5,272 
Loans from directors
5,124 
- 
Accruals
480 
- 
6,833 
5,272 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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