IRIS Accounts Production v25.1.0.734 06845547 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068455472024-03-31068455472025-03-31068455472024-04-012025-03-31068455472023-03-31068455472023-04-012024-03-31068455472024-03-3106845547ns15:EnglandWales2024-04-012025-03-3106845547ns14:PoundSterling2024-04-012025-03-3106845547ns10:Director12024-04-012025-03-3106845547ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3106845547ns10:SmallEntities2024-04-012025-03-3106845547ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3106845547ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3106845547ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3106845547ns10:FullAccounts2024-04-012025-03-310684554712024-04-012025-03-3106845547ns10:Director22024-04-012025-03-3106845547ns10:Director32024-04-012025-03-3106845547ns10:Director42024-04-012025-03-3106845547ns10:Director52024-04-012025-03-3106845547ns10:Director62024-04-012025-03-3106845547ns10:RegisteredOffice2024-04-012025-03-3106845547ns5:CurrentFinancialInstruments2025-03-3106845547ns5:CurrentFinancialInstruments2024-03-3106845547ns5:ShareCapital2025-03-3106845547ns5:ShareCapital2024-03-3106845547ns5:RevaluationReserve2025-03-3106845547ns5:RevaluationReserve2024-03-3106845547ns5:RetainedEarningsAccumulatedLosses2025-03-3106845547ns5:RetainedEarningsAccumulatedLosses2024-03-3106845547ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3106845547ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-04-012025-03-3106845547ns5:PlantMachinery2024-04-012025-03-3106845547ns5:IntangibleAssetsOtherThanGoodwill2024-03-3106845547ns5:IntangibleAssetsOtherThanGoodwill2025-03-3106845547ns5:IntangibleAssetsOtherThanGoodwill2024-03-3106845547ns5:PlantMachinery2024-03-3106845547ns5:PlantMachinery2025-03-3106845547ns5:PlantMachinery2024-03-3106845547ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3106845547ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106845547ns5:CurrentFinancialInstruments2024-04-012025-03-3106845547ns5:RevaluationReserve2024-03-31
REGISTERED NUMBER: 06845547 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE SEO WORKS LIMITED

THE SEO WORKS LIMITED (REGISTERED NUMBER: 06845547)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE SEO WORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: S J Margetts
Mrs S G Margetts
N D Palmer
A K Hill
J E J Corry
B M Foster





REGISTERED OFFICE: Third Floor, Balm Green Wing
Fountain Precinct
Balm Green
Sheffield
S1 2JA





REGISTERED NUMBER: 06845547 (England and Wales)





ACCOUNTANTS: Hollis and Co Limited
Chartered Accountants
35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB

THE SEO WORKS LIMITED (REGISTERED NUMBER: 06845547)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 35,917 29,887
Tangible assets 5 20,438 27,250
56,355 57,137

CURRENT ASSETS
Debtors 6 1,261,289 486,767
Cash at bank 440,438 414,308
1,701,727 901,075
CREDITORS
Amounts falling due within one year 7 766,868 1,362,602
NET CURRENT ASSETS/(LIABILITIES) 934,859 (461,527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

991,214

(404,390

)

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 65,209 59,179
Retained earnings 925,905 (463,669 )
SHAREHOLDERS' FUNDS 991,214 (404,390 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 7 May 2025 and were signed on its behalf by:



B M Foster - Director


THE SEO WORKS LIMITED (REGISTERED NUMBER: 06845547)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

The SEO Works 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding Value Added Tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at the lower of cost less any accumulated amortisation and any accumulated impairment losses, and valuation.

Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life.

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 - 25% on reducing balance

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.

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 year was 84 (2024 - 92 ) .

THE SEO WORKS LIMITED (REGISTERED NUMBER: 06845547)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 April 2024 39,850
Revaluations (3,933 )
At 31 March 2025 35,917
AMORTISATION
At 1 April 2024 9,963
Charge written back (9,963 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 35,917
At 31 March 2024 29,887

Cost or valuation at 31 March 2025 is represented by:

Other
intangible
assets
£   
Valuation in 2018 (51,650 )
Valuation in 2019 (22,900 )
Valuation in 2025 (3,933 )
Cost 114,400
35,917

If domains had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 114,400 114,400
Aggregate amortisation (114,400 ) (114,400 )

Domains were valued on an open market basis on 31 March 2025 by the directors .

THE SEO WORKS LIMITED (REGISTERED NUMBER: 06845547)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 68,193
DEPRECIATION
At 1 April 2024 40,943
Charge for year 6,812
At 31 March 2025 47,755
NET BOOK VALUE
At 31 March 2025 20,438
At 31 March 2024 27,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 446,096 486,765
Other debtors 815,193 2
1,261,289 486,767

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 126,131 109,957
Taxation and social security 544,787 609,161
Other creditors 95,950 643,484
766,868 1,362,602

Included within Other Creditors is £11,873 pension contributions relating to March 2025 which were paid as falling due in April 2025.

8. RESERVES
Revaluation
reserve
£   
At 1 April 2024 59,179
Revaluation 6,030

At 31 March 2025 65,209

THE SEO WORKS LIMITED (REGISTERED NUMBER: 06845547)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors relating to overdrawn loan accounts subsisted during the year ended 31 March 2025:-
2025
£   
Balance outstanding at start of year (7,883)
Amounts advanced823,074
Amounts repaid0
Balance outstanding at end of year (owed (by)/to company)815,191



During the year, total advances of £1,548,158 and total repayments of £182,650 were made to and from the directors (including those disclosed above). No interest was charged and there were no set repayment terms.