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Company Registration No. 09288162 (England and Wales)
Safeseal Eastern Limited Unaudited accounts for the period from 1 November 2023 to 31 December 2024
Safeseal Eastern Limited Unaudited accounts Contents
Page
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Safeseal Eastern Limited Company Information for the period from 1 November 2023 to 31 December 2024
Directors
Phill Pluck Samantha Pluck
Company Number
09288162 (England and Wales)
Registered Office
Unit 5 Station Yard, Wilbraham Road, Fulbourn Cambridge Cambridgeshire CB21 5ET England
Accountants
Coles Accounting (Cambridge) Limited Newton Hall Town Street, Newton Cambridge Cambridgeshire CB22 7ZE
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Safeseal Eastern Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
15,576 
Current assets
Debtors
- 
81,871 
Cash at bank and in hand
5,880 
(39,061)
5,880 
42,810 
Creditors: amounts falling due within one year
(132,485)
(139,654)
Net current liabilities
(126,605)
(96,844)
Total assets less current liabilities
(126,605)
(81,268)
Creditors: amounts falling due after more than one year
- 
(70,425)
Net liabilities
(126,605)
(151,693)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(126,705)
(151,793)
Shareholders' funds
(126,605)
(151,693)
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by
Phill Pluck Director Company Registration No. 09288162
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Safeseal Eastern Limited Notes to the Accounts for the period from 1 November 2023 to 31 December 2024
1
Statutory information
Safeseal Eastern Limited is a private company, limited by shares, registered in England and Wales, registration number 09288162. The registered office is Unit 5, Station Yard, Wilbraham Road, Fulbourn, Cambridge, Cambridgeshire, CB21 5ET, England. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
45,000 
1,725 
46,725 
Disposals
(45,000)
(1,725)
(46,725)
At 31 December 2024
- 
- 
- 
Depreciation
At 1 November 2023
30,804 
345 
31,149 
Charge for the period
2,839 
276 
3,115 
On disposals
(33,643)
(621)
(34,264)
At 31 December 2024
- 
- 
- 
Net book value
At 31 December 2024
- 
- 
- 
At 31 October 2023
14,196 
1,380 
15,576 
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Safeseal Eastern Limited Notes to the Accounts for the period from 1 November 2023 to 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
81,871 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
69,274 
30,942 
VAT
- 
64,611 
Obligations under finance leases and hire purchase contracts
- 
9,806 
Trade creditors
63,211 
112,893 
Taxes and social security
- 
38,115 
Loans from directors
- 
(116,713)
132,485 
139,654 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
53,232 
Obligations under finance leases and hire purchase contracts
- 
16,811 
Other creditors
- 
382 
- 
70,425 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Phill Pluck
Loan made
116,713 
- 
116,713 
- 
116,713 
- 
116,713 
- 
Loans made to directors were unsecured, interest-free and repayable on demand. The full value of the loan was repaid by the directors within 9 months of the year end.
9
Average number of employees
During the period the average number of employees was 4 (2023: 4).
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