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REGISTERED NUMBER: 06854496 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2023 TO 28 MARCH 2024

FOR

SEER CONSTRUCTION LIMITED

SEER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06854496)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2023 TO 28 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEER CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 MARCH 2023 TO 28 MARCH 2024







DIRECTORS: G J Rees
A J Rees
T W Rees
P G Rees





SECRETARY: Mr. G J Rees





REGISTERED OFFICE: Glan Pant Fields
Bwlch
Brecon
Powys
LD3 7JL





REGISTERED NUMBER: 06854496 (England and Wales)





ACCOUNTANTS: The Dewan Partnership
Chartered Certified Accountants
8 Wheat Street
Brecon
Powys
LD3 7DG

SEER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06854496)

BALANCE SHEET
28 MARCH 2024

28.3.24 30.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,013,103 1,102,954

CURRENT ASSETS
Stocks 79,467 179,444
Debtors 5 1,127,548 1,164,216
Cash at bank 28,762 -
1,235,777 1,343,660
CREDITORS
Amounts falling due within one year 6 982,114 1,022,851
NET CURRENT ASSETS 253,663 320,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,266,766

1,423,763

CREDITORS
Amounts falling due after more than one
year

7

399,519

383,574
NET ASSETS 1,867,247 1,040,189

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 8 1,867,047 1,039,989
SHAREHOLDERS' FUNDS 1,867,247 1,040,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 March 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.

SEER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06854496)

BALANCE SHEET - continued
28 MARCH 2024


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 31 March 2025 and were signed on its behalf by:





A J Rees - Director


SEER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06854496)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2023 TO 28 MARCH 2024

1. STATUTORY INFORMATION

Seer Construction 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
Turnover represents work invoiced in year together with working in progress net of value added tax

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 37 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 31 March 2023 345,100 2,296,102 17,597 461,051 3,119,850
Additions 310,000 1,126,139 897 225,220 1,662,256
Disposals - (301,018 ) - - (301,018 )
At 28 March 2024 655,100 3,121,223 18,494 686,271 4,481,088
DEPRECIATION
At 31 March 2023 - 1,602,485 11,791 402,620 2,016,896
Charge for period - 381,750 1,676 67,663 451,089
At 28 March 2024 - 1,984,235 13,467 470,283 2,467,985
NET BOOK VALUE
At 28 March 2024 655,100 1,136,988 5,027 215,988 2,013,103
At 30 March 2023 345,100 693,617 5,806 58,431 1,102,954

SEER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06854496)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 MARCH 2023 TO 28 MARCH 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.3.24 30.3.23
£    £   
Trade debtors 733,171 751,161
Other debtors 394,377 413,055
1,127,548 1,164,216

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.3.24 30.3.23
£    £   
Bank loans and overdrafts 146,632 156,914
Hire purchase contracts 259,091 208,706
Trade creditors 488,456 524,164
Taxation and social security 33,214 70,729
Other creditors 54,721 62,338
982,114 1,022,851

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.3.24 30.3.23
£    £   
Bank loans 95,940 149,798
Hire purchase contracts 303,579 233,776
399,519 383,574

8. RESERVES
Retained
earnings
£   

At 31 March 2023 1,039,989
Profit for the period 829,058
Dividends (2,000 )
At 28 March 2024 1,867,047