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REGISTERED NUMBER: 12237802 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2024

FOR

SEMINEL PROPERTY LTD

SEMINEL PROPERTY LTD (REGISTERED NUMBER: 12237802)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SEMINEL PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr P C McLean-Thorne





REGISTERED OFFICE: 4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: 12237802 (England and Wales)





ACCOUNTANTS: Workwell People Solutions Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

SEMINEL PROPERTY LTD (REGISTERED NUMBER: 12237802)

ABRIDGED BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 220,000 185,000

CURRENT ASSETS
Cash at bank 14,230 19,968

CREDITORS
Amounts falling due within one year 225,759 226,275
NET CURRENT LIABILITIES (211,529 ) (206,307 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,471

(21,307

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Fair value reserve (51,479 ) (86,479 )
Retained earnings 59,850 65,072
SHAREHOLDERS' FUNDS 8,471 (21,307 )

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

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

SEMINEL PROPERTY LTD (REGISTERED NUMBER: 12237802)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 February 2025 and were signed by:





Mr P C McLean-Thorne - Director


SEMINEL PROPERTY LTD (REGISTERED NUMBER: 12237802)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Seminel Property 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 185,000
Revaluations 35,000
At 31 October 2024 220,000
NET BOOK VALUE
At 31 October 2024 220,000
At 31 October 2023 185,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2020 (102,917 )
Valuation in 2022 5,000
Valuation in 2023 11,438
Valuation in 2024 35,000
Cost 271,479
220,000

SEMINEL PROPERTY LTD (REGISTERED NUMBER: 12237802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Mr P C McLean-Thorne
Balance outstanding at start of year (221,301 ) (220,989 )
Amounts repaid (325 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (221,626 ) (221,301 )