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REGISTERED NUMBER: 09584402 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Sea Soul Ltd

Sea Soul Ltd (Registered number: 09584402)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sea Soul Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Dr M O Manzar





REGISTERED OFFICE: 213 Plains Road
Mapperley
Nottingham
Nottinghamshire
NG3 5RF





REGISTERED NUMBER: 09584402 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Sea Soul Ltd (Registered number: 09584402)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 117,482 103,568

CURRENT ASSETS
Debtors 5 27,419 44,202
Cash at bank and in hand 613,634 533,469
641,053 577,671
CREDITORS
Amounts falling due within one year 6 96,870 113,035
NET CURRENT ASSETS 544,183 464,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

661,665

568,204

PROVISIONS FOR LIABILITIES 802 192
NET ASSETS 660,863 568,012

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 660,713 567,862
SHAREHOLDERS' FUNDS 660,863 568,012

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

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

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 27 February 2025 and were signed by:



Dr M O Manzar - Director


Sea Soul Ltd (Registered number: 09584402)

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

1. STATUTORY INFORMATION

Sea Soul Ltd 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

Turnover
Turnover represents the value of fees received for psychiatric services rendered. The company's services are exempt from value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Consulting room - 4% on cost
Furniture and equipment - 20% on reducing balance
Computer equipment - 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Furniture
Consulting and Computer
room equipment equipment Totals
£    £    £    £   
COST
At 1 June 2023 116,000 - 1,659 117,659
Additions 16,783 3,762 300 20,845
At 31 May 2024 132,783 3,762 1,959 138,504
DEPRECIATION
At 1 June 2023 13,200 - 891 14,091
Charge for year 5,311 752 868 6,931
At 31 May 2024 18,511 752 1,759 21,022
NET BOOK VALUE
At 31 May 2024 114,272 3,010 200 117,482
At 31 May 2023 102,800 - 768 103,568

Sea Soul Ltd (Registered number: 09584402)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 27,419 44,202

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Tax 30,214 37,899
Directors' current accounts 66,056 74,636
Accrued expenses 600 500
96,870 113,035

7. ULTIMATE CONTROLLING PARTY

The company has no individual controlling party. Dr O Manzar has a 50% interest in the company and at the year end the company owed him £66,056, (2023, £74,636).