Company No:
Contents
DIRECTOR | Timothy Sheldon Stokes |
SECRETARY | Rachel Jane Arkwell Stokes |
REGISTERED OFFICE | Segenhoe Farmhouse |
Ridgmont | |
MK43 0XW | |
United Kingdom |
COMPANY NUMBER | 06594307 (England and Wales) |
ACCOUNTANT | Duncan & Toplis Limited |
18 Northgate | |
Sleaford | |
Lincolnshire | |
NG34 7BJ |
Note | 30.06.2024 | 31.05.2023 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
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3,907 | 0 | |||
Current assets | ||||
Stocks |
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Debtors | 4 |
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Cash at bank and in hand |
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99,473 | 123,437 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current assets | 53,283 | 70,189 | ||
Total assets less current liabilities | 57,190 | 70,189 | ||
Creditors: amounts falling due after more than one year | 6 | (
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Net assets |
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Capital and reserves | ||||
Called-up share capital | 7 |
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Capital redemption reserve |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Segenhoe Investments Limited (registered number:
Timothy Sheldon Stokes
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
Segenhoe Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Segenhoe Farmhouse, Ridgmont, MK43 0XW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The reporting period has been changed to align the financial year-end with the VAT quarters. The comparative amounts presented in the financial statements are therefore not entirely comparable.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Plant and machinery etc. |
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At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Period from 01.06.2023 to 30.06.2024 |
Year ended 31.05.2023 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the period, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 June 2023 |
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Additions |
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At 30 June 2024 |
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Accumulated depreciation | |||
At 01 June 2023 |
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Charge for the financial period |
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At 30 June 2024 |
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Net book value | |||
At 30 June 2024 |
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At 31 May 2023 |
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30.06.2024 | 31.05.2023 | ||
£ | £ | ||
Trade debtors |
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Corporation tax |
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30.06.2024 | 31.05.2023 | ||
£ | £ | ||
Trade creditors |
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Taxation and social security | (
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Other creditors |
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30.06.2024 | 31.05.2023 | ||
£ | £ | ||
Bank loans |
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30.06.2024 | 31.05.2023 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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Transactions with the entity's director
30.06.2024 | 31.05.2023 | ||
£ | £ | ||
Director's Loan Account | (18,001) | (4,034) |
The loans made from the directors are unsecured, interest free and repayable on demand.