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Company Registration No. 09999070 (England and Wales)
8Seconds Ltd Unaudited accounts for the year ended 29 February 2024
8Seconds Ltd Unaudited accounts Contents
Page
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8Seconds Ltd Company Information for the year ended 29 February 2024
Directors
Hugo Petit Finn Pomeroy
Company Number
09999070 (England and Wales)
Registered Office
MARKLYE DULWICH COMMON LONDON SE21 7EU UNITED KINGDOM
Accountants
Dead Simple Accounting Suite 30, 105 London Street Reading Berkshire RG1 4QD
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8Seconds Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,264 
18,390 
Current assets
Debtors
196,560 
176,101 
Cash at bank and in hand
163,588 
50,592 
360,148 
226,693 
Creditors: amounts falling due within one year
(227,808)
(86,046)
Net current assets
132,340 
140,647 
Total assets less current liabilities
195,604 
159,037 
Creditors: amounts falling due after more than one year
- 
(24,722)
Net assets
195,604 
134,315 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
194,604 
133,315 
Shareholders' funds
195,604 
134,315 
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 directors acknowledge their 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 of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
Finn Pomeroy Director Company Registration No. 09999070
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8Seconds Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
8Seconds Ltd is a private company, limited by shares, registered in England and Wales, registration number 09999070. The registered office is MARKLYE, DULWICH COMMON, LONDON, SE21 7EU, UNITED KINGDOM.
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.
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
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
25,458 
4,342 
10,300 
40,100 
Additions
69,355 
217 
1,166 
70,738 
At 29 February 2024
94,813 
4,559 
11,466 
110,838 
Depreciation
At 1 March 2023
15,376 
2,659 
3,675 
21,710 
Charge for the year
21,859 
1,139 
2,866 
25,864 
At 29 February 2024
37,235 
3,798 
6,541 
47,574 
Net book value
At 29 February 2024
57,578 
761 
4,925 
63,264 
At 28 February 2023
10,082 
1,683 
6,625 
18,390 
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8Seconds Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
196,559 
175,468 
Accrued income and prepayments
- 
633 
Other debtors
1 
- 
196,560 
176,101 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,625 
- 
VAT
53,121 
39,236 
Trade creditors
46,443 
5,235 
Taxes and social security
112,233 
47,805 
Other creditors
203 
- 
Loans from directors
(817)
(6,230)
227,808 
86,046 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
24,722 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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