IRIS Accounts Production v25.1.3.33 04278083 director 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042780832023-08-31042780832024-08-31042780832023-09-012024-08-31042780832022-08-31042780832022-09-012023-08-31042780832023-08-3104278083ns15:EnglandWales2023-09-012024-08-3104278083ns14:PoundSterling2023-09-012024-08-3104278083ns10:Director12023-09-012024-08-3104278083ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3104278083ns10:SmallEntities2023-09-012024-08-3104278083ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3104278083ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3104278083ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3104278083ns10:FullAccounts2023-09-012024-08-310427808312023-09-012024-08-3104278083ns10:RegisteredOffice2023-09-012024-08-3104278083ns5:CurrentFinancialInstruments2023-08-3104278083ns5:CurrentFinancialInstruments2024-08-3104278083ns5:Non-currentFinancialInstruments2023-08-3104278083ns5:Non-currentFinancialInstruments2024-08-3104278083ns5:ShareCapital2023-08-3104278083ns5:ShareCapital2024-08-3104278083ns5:RevaluationReserve2023-08-3104278083ns5:RevaluationReserve2024-08-3104278083ns5:RetainedEarningsAccumulatedLosses2023-08-3104278083ns5:RetainedEarningsAccumulatedLosses2024-08-3104278083ns5:NetGoodwill2023-09-012024-08-3104278083ns5:NetGoodwill2023-08-3104278083ns5:NetGoodwill2024-08-3104278083ns5:NetGoodwill2023-08-3104278083ns5:ComputerEquipment2023-08-3104278083ns5:ComputerEquipment2023-09-012024-08-3104278083ns5:ComputerEquipment2024-08-3104278083ns5:ComputerEquipment2023-08-3104278083ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3104278083ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 04278083 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED

SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04278083)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: R Butler





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 04278083 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04278083)

BALANCE SHEET
31 AUGUST 2024

31.8.23 31.8.24
£    £    Notes £   
FIXED ASSETS
4,500 Intangible assets 4 3,000
530 Tangible assets 5 397
5,030 3,397

CURRENT ASSETS
25,000 Debtors 6 24,500
2,775 Prepayments and accrued income 2,573
18,141 Cash at bank and in hand 20,260
45,916 47,333
CREDITORS
18,016 Amounts falling due within one year 7 22,462
27,900 NET CURRENT ASSETS 24,871
32,930 TOTAL ASSETS LESS CURRENT
LIABILITIES

28,268

CREDITORS
(31,834 ) Amounts falling due after more than one
year

8

(26,527

)

(101 ) PROVISIONS FOR LIABILITIES (75 )
995 NET ASSETS 1,666

SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04278083)

BALANCE SHEET - continued
31 AUGUST 2024

31.8.23 31.8.24
£    £    Notes £   
CAPITAL AND RESERVES
100 Called up share capital 100
442 Revaluation reserve 446
453 Retained earnings 1,120
995 SHAREHOLDERS' FUNDS 1,666

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 May 2025 and were signed by:





R Butler - Director


SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04278083)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Seago Butler Stopps Financial Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the value of work done and invoiced during the year and also takes into account the movement between opening and closing balances regarding trade debtors, trail income and work in progress.

Goodwill
Under the Financial Reporting Standard, FRS102, goodwill is being amortised over its expected useful economic life of 10 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 25% on reducing balance

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04278083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 15,000
AMORTISATION
At 1 September 2023 10,500
Amortisation for year 1,500
At 31 August 2024 12,000
NET BOOK VALUE
At 31 August 2024 3,000
At 31 August 2023 4,500

5. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST OR VALUATION
At 1 September 2023
and 31 August 2024 6,881
DEPRECIATION
At 1 September 2023 6,351
Charge for year 133
At 31 August 2024 6,484
NET BOOK VALUE
At 31 August 2024 397
At 31 August 2023 530

SEAGO BUTLER STOPPS
FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04278083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 August 2024 is represented by:

Office
equipment
£   
Valuation in 2017 457
Cost 6,424
6,881

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 24,500 25,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 9,374 5,737
Taxation and social security 7,940 10,032
Other creditors 5,148 2,247
22,462 18,016

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 26,527 31,834