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UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2024 TO 31 JANUARY 2025

FOR

SELLARS & CO (BRISTOL) LIMITED

SELLARS & CO (BRISTOL) LIMITED (REGISTERED NUMBER: 00440494)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 1 January 2024 to 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SELLARS & CO (BRISTOL) LIMITED

COMPANY INFORMATION
For The Period 1 January 2024 to 31 January 2025







DIRECTOR: Miss C J Vingoe





REGISTERED OFFICE: Unit 1, St Stephens Court
15 - 17 St Stephens Road
Bournemouth
Dorset
BH2 6LA





REGISTERED NUMBER: 00440494 (England and Wales)






SELLARS & CO (BRISTOL) LIMITED (REGISTERED NUMBER: 00440494)

BALANCE SHEET
31 January 2025

2025 2023
Notes £    £   
FIXED ASSETS
Investment property 4 - 410,000

CURRENT ASSETS
Debtors 5 - 489
Cash at bank and in hand 271,162 9,392
271,162 9,881
CREDITORS
Amounts falling due within one year 6 (72,239 ) (5,867 )
NET CURRENT ASSETS 198,923 4,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,923

414,014

CREDITORS
Amounts falling due after more than one year 7 - (11,068 )

PROVISIONS FOR LIABILITIES - (90,377 )
NET ASSETS 198,923 312,569

CAPITAL AND RESERVES
Called up share capital 8 4,470 4,470
Revaluation reserve 9 - 305,772
Retained earnings 194,453 2,327
SHAREHOLDERS' FUNDS 198,923 312,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24 March 2025 and were signed by:





Miss C J Vingoe - Director


SELLARS & CO (BRISTOL) LIMITED (REGISTERED NUMBER: 00440494)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 1 January 2024 to 31 January 2025

1. STATUTORY INFORMATION

Sellars & Co (Bristol) 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 as modified by the revaluation of certain assets.

Following the disposal of the investment property the company ceased operations on 23rd January 2025. The accounts have therefore been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value. The financial statements do not include any provision for the future cost of terminating the business of the company except to the extent that such were committed at the balance sheet date.

Changes in accounting reporting period
These financial statements cover a thirteen month accounting period 1 January 2024 to 31 January 2025. The accounting period was extended to the cessation of the company. The comparatives within these financial statements represent the results for the twelve months ended 31 December 2023 and are therefore not entirely comparable.

Turnover
Turnover represents rent receivable.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured as amortised cost using the effective interest rate method, less impairment.

Taxation
Taxation for the period 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 period 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.

Investment properties
No depreciation is provided on investment properties. Properties are revalued annually, with surpluses taken to an investments revaluation reserve. Deficits in excess of prior revaluation surpluses on the same property are charged to profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

SELLARS & CO (BRISTOL) LIMITED (REGISTERED NUMBER: 00440494)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 January 2024 to 31 January 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 410,000
Disposals (410,000 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 31 December 2023 410,000

The investment property was disposed of during the period. It had been revalued on an open market basis at 31 December 2023 by Mr H Cartwright, Director. The historic cost value of the investment property at 31 December 2023 totalled £13,851.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Other debtors - 489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Taxation and social security 53,464 621
Other creditors 18,775 5,246
72,239 5,867

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2023
£    £   
Other creditors - 11,068

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2023
value: £    £   
4,470 Ordinary £1 4,470 4,470

9. RESERVES
Revaluation
reserve
£   
At 1 January 2024 305,772
Transfers (305,772 )

At 31 January 2025 -