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REGISTERED NUMBER: 14063811 (England and Wales)




















Seonaid Johnston Interiors Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024






Seonaid Johnston Interiors Limited (Registered number: 14063811)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Seonaid Johnston Interiors Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr N J Johnston
Mrs S L F Johnston



REGISTERED OFFICE: Calder & Co
30 Orange Street
London
WC2H 7HF



REGISTERED NUMBER: 14063811 (England and Wales)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Tide
4th Floor The Featherstone Building
66 City Road
London
EC1Y 2AL

Seonaid Johnston Interiors Limited (Registered number: 14063811)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,630 9,655
Investments 5 76 76
9,706 9,731

CURRENT ASSETS
Stocks 3,629 80,729
Debtors 6 2,494 5,415
Cash at bank 13,211 8,379
19,334 94,523
CREDITORS
Amounts falling due within one year 7 6,580 103,956
NET CURRENT ASSETS/(LIABILITIES) 12,754 (9,433 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,460

298

PROVISIONS FOR LIABILITIES 1,830 -
NET ASSETS 20,630 298

Seonaid Johnston Interiors Limited (Registered number: 14063811)

Balance Sheet - continued
30 September 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,530 198
20,630 298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 19 March 2025 and were signed on its behalf by:





Mr N J Johnston - Director


Seonaid Johnston Interiors Limited (Registered number: 14063811)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Seonaid Johnston Interiors 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 and revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably
- it is probable that the company will receive the consideration due under contract
- the stage of completion of the contract at the end of the reporting period can be measured reliably
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Seonaid Johnston Interiors Limited (Registered number: 14063811)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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.

Provision for liabilities
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

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

Seonaid Johnston Interiors Limited (Registered number: 14063811)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 9,781
Additions 4,044
Disposals (1,630 )
At 30 September 2024 12,195
DEPRECIATION
At 1 October 2023 126
Charge for year 2,439
At 30 September 2024 2,565
NET BOOK VALUE
At 30 September 2024 9,630
At 30 September 2023 9,655

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 76
NET BOOK VALUE
At 30 September 2024 76
At 30 September 2023 76

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 204
Other debtors 2,494 5,211
2,494 5,415

Seonaid Johnston Interiors Limited (Registered number: 14063811)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 833 95,782
Amounts owed to group undertakings 496 -
Taxation and social security 1,869 -
Other creditors 3,382 8,174
6,580 103,956

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2024 and the period ended 30 September 2023:

2024 2023
£    £   
Mr N J Johnston
Balance outstanding at start of year 4,874 -
Amounts advanced 12,082 9,374
Amounts repaid (17,624 ) (4,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (668 ) 4,874

The directors' current account is unsecured, interest free and has no fixed repayment period.

9. RELATED PARTY DISCLOSURES

Amore Property Management Limited is a subsidiary of Seonaid Johnston Interiors Limited. During the year, Amore Property Management Limited repaid £700 (2023: £Nil) to the company. The balance of £496 (2023: £204 due from Amore Property Management Limited) was due to Amore Property Management Limited on 30 September 2024.

Rock House Associates Limited is a company of which Mr N J Johnston and Mrs S L F Johnston are directors. During the year, the company received funds totalling £5,290 (2023: £36,768) from Rock House Associates Limited. The company paid expenses totalling £7,689 (2023: £33,904) on behalf of Rock House Associates Limited. The balance of £465 (2023: £2,864) was due to Rock House Associates Limited on 30 September 2024.