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Company No: 08817951 (England and Wales)

SEACHESTER ONE LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

SEACHESTER ONE LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

SEACHESTER ONE LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
SEACHESTER ONE LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
Directors I D Barnett
P L Bowler
Registered office 2 Chapel Close
Seaford
East Sussex
BN25 2JJ
United Kingdom
Company number 08817951 (England and Wales)
Accountant Kreston Reeves LLP
Springfield House
Springfield Road
Horsham
West Sussex
United Kingdom
SEACHESTER ONE LIMITED

BALANCE SHEET

As at 31 December 2024
SEACHESTER ONE LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024 31.12.2023
£ £
Fixed assets
Investments 4 1,906,102 1,906,102
1,906,102 1,906,102
Net current assets 0 0
Total assets less current liabilities 1,906,102 1,906,102
Net assets 1,906,102 1,906,102
Capital and reserves
Called-up share capital 5 200 200
Profit and loss account 1,905,902 1,905,902
Total shareholders' funds 1,906,102 1,906,102

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Seachester One Limited (registered number: 08817951) were approved and authorised for issue by the Board of Directors on 01 April 2025. They were signed on its behalf by:

I D Barnett
Director
SEACHESTER ONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
SEACHESTER ONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Seachester One 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 2 Chapel Close, Seaford, East Sussex, BN25 2JJ, United Kingdom.

The financial statements have been prepared under the historical cost convention 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 £.

Turnover

Turnover comprises of dividend income.

Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2. Employees

31.12.2024 31.12.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Dividends on equity shares

31.12.2024 31.12.2023
£ £
Amounts recognised as distributions to equity holders in the financial year:
Final dividend for the financial year ended 150,000 150,000

4. Fixed asset investments

Investments in subsidiaries

31.12.2024
£
Cost
At 01 January 2024 1,906,102
At 31 December 2024 1,906,102
Carrying value at 31 December 2024 1,906,102
Carrying value at 31 December 2023 1,906,102

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.12.2024
Ownership
31.12.2023
Seachester Limited Great Britain Property Investment Ordinary 100.00% 100.00%

5. Called-up share capital

31.12.2024 31.12.2023
£ £
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each 200 200

6. Ultimate controlling party

The Company is controlled by the directors, P L Bowler and I D Barnett.