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REGISTERED NUMBER: 01022690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st August 2024

for

S E B International Limited

S E B International Limited (Registered number: 01022690)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S E B International Limited

Company Information
for the Year Ended 31st August 2024







DIRECTORS: Mr P A Millett
Mr M J Brookes





REGISTERED OFFICE: Unity Road
Lowmoor Business Park
Kirkby In Ashfield
Nottinghamshire
NG17 7LE





REGISTERED NUMBER: 01022690 (England and Wales)

S E B International Limited (Registered number: 01022690)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 267,159 285,726

CURRENT ASSETS
Stocks 623,438 662,107
Debtors 5 942,651 1,949,603
Cash at bank and in hand 6,903,857 7,083,550
8,469,946 9,695,260
CREDITORS
Amounts falling due within one year 6 837,701 2,143,668
NET CURRENT ASSETS 7,632,245 7,551,592
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,899,404

7,837,318

PROVISIONS FOR LIABILITIES 7 37,823 38,209
NET ASSETS 7,861,581 7,799,109

CAPITAL AND RESERVES
Called up share capital 8 310 310
Retained earnings 7,861,271 7,798,799
SHAREHOLDERS' FUNDS 7,861,581 7,799,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

S E B International Limited (Registered number: 01022690)

Balance Sheet - continued
31st August 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 Board of Directors and authorised for issue on 17th December 2024 and were signed on its behalf by:





Mr M J Brookes - Director


S E B International Limited (Registered number: 01022690)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 year 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.

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.

S E B International Limited (Registered number: 01022690)

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

2. ACCOUNTING POLICIES - continued

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 25 (2023 - 26 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
property machinery fittings
£    £    £   
COST
At 1st September 2023 270,290 320,635 163,720
Additions - 5,345 292
Disposals - (25,755 ) (2,850 )
At 31st August 2024 270,290 300,225 161,162
DEPRECIATION
At 1st September 2023 149,016 249,701 87,771
Charge for year 5,406 10,908 7,593
Eliminated on disposal - (24,191 ) (2,510 )
At 31st August 2024 154,422 236,418 92,854
NET BOOK VALUE
At 31st August 2024 115,868 63,807 68,308
At 31st August 2023 121,274 70,934 75,949

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st September 2023 31,063 29,951 815,659
Additions - 8,462 14,099
Disposals - (1,655 ) (30,260 )
At 31st August 2024 31,063 36,758 799,498
DEPRECIATION
At 1st September 2023 13,590 29,855 529,933
Charge for year 4,368 2,483 30,758
Eliminated on disposal - (1,651 ) (28,352 )
At 31st August 2024 17,958 30,687 532,339
NET BOOK VALUE
At 31st August 2024 13,105 6,071 267,159
At 31st August 2023 17,473 96 285,726

S E B International Limited (Registered number: 01022690)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 816,975 1,840,330
Other debtors 125,676 109,273
942,651 1,949,603

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 541,224 543,302
Taxation and social security 239,108 573,655
Other creditors 57,369 1,026,711
837,701 2,143,668

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 37,823 38,209

Deferred
tax
£   
Balance at 1st September 2023 38,209
Utilised during year (386 )
Balance at 31st August 2024 37,823

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
300 Ordinary £1 300 300
10 Ordinary B £1 10 10
310 310