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REGISTERED NUMBER: 12552226 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Seegrow Solutions Limited

Seegrow Solutions Limited (Registered number: 12552226)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Seegrow Solutions Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr J Maclennan
Mr S J R Noel
Mr S D Bradley





REGISTERED OFFICE: Ground Floor
Cardigan House Swansea Enterprise Park
Swansea
SA7 9LA





REGISTERED NUMBER: 12552226 (England and Wales)






Seegrow Solutions Limited (Registered number: 12552226)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 77,735 19,783

CURRENT ASSETS
Stocks 64,000 112,000
Debtors 5 173,871 198,567
Cash at bank 5,863 45,086
243,734 355,653
CREDITORS
Amounts falling due within one year 6 (312,938 ) (223,943 )
NET CURRENT (LIABILITIES)/ASSETS (69,204 ) 131,710
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,531

151,493

CREDITORS
Amounts falling due after more than one
year

7

(44,386

)

-
NET (LIABILITIES)/ASSETS (35,855 ) 151,493

CAPITAL AND RESERVES
Called up share capital 571 571
Share premium 299,763 299,763
Retained earnings (336,189 ) (148,841 )
SHAREHOLDERS' FUNDS (35,855 ) 151,493

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

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

Seegrow Solutions Limited (Registered number: 12552226)

Balance Sheet - continued
30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





Mr S J R Noel - Director


Seegrow Solutions Limited (Registered number: 12552226)

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

1. STATUTORY INFORMATION

Seegrow Solutions 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 19,747 4,180 871 24,798
Additions 73,290 - 425 73,715
At 30 April 2024 93,037 4,180 1,296 98,513
DEPRECIATION
At 1 May 2023 3,063 1,568 384 5,015
Charge for year 14,970 653 140 15,763
At 30 April 2024 18,033 2,221 524 20,778
NET BOOK VALUE
At 30 April 2024 75,004 1,959 772 77,735
At 30 April 2023 16,684 2,612 487 19,783

Seegrow Solutions Limited (Registered number: 12552226)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 7,739 14,689
Other debtors 154,087 148,023
Directors' current accounts 2,602 8,590
VAT 9,443 27,265
173,871 198,567

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 21,928
Other loans 213,032 106,785
Hire purchase contracts 12,384 -
Trade creditors 85,722 93,430
Accrued expenses 1,800 1,800
312,938 223,943

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 44,386 -

8. RELATED PARTY DISCLOSURES

As at 30th April 2024 there was a loan balance of £2,602 owing from the Director to the Company. The loan is repayable within 9 months of the year end and interest has not been charged.