Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04236666 Mr Gary Freemantle Ms Jennifer Binfield Mr James Young Mr Christopher French Ms Jennifer McCullough iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04236666 2024-03-31 04236666 2025-03-31 04236666 2024-04-01 2025-03-31 04236666 frs-core:CurrentFinancialInstruments 2025-03-31 04236666 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 04236666 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04236666 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04236666 frs-core:ShareCapital 2025-03-31 04236666 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04236666 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04236666 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04236666 frs-bus:SmallEntities 2024-04-01 2025-03-31 04236666 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04236666 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04236666 frs-bus:Director1 2024-04-01 2025-03-31 04236666 frs-bus:Director2 2024-04-01 2025-03-31 04236666 frs-bus:Director3 2024-04-01 2025-03-31 04236666 frs-bus:Director4 2024-04-01 2025-03-31 04236666 frs-bus:Director5 2024-04-01 2025-03-31 04236666 frs-countries:EnglandWales 2024-04-01 2025-03-31 04236666 2023-03-31 04236666 2024-03-31 04236666 2023-04-01 2024-03-31 04236666 frs-core:CurrentFinancialInstruments 2024-03-31 04236666 frs-core:ShareCapital 2024-03-31 04236666 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04236666
Selmeston Court (Seaford) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Tasker Osman & Co
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04236666
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Debtors 5 1,570 1,578
Cash at bank and in hand 12,257 9,062
13,827 10,640
Creditors: Amounts Falling Due Within One Year 6 (1,139 ) (1,738 )
NET CURRENT ASSETS (LIABILITIES) 12,688 8,902
TOTAL ASSETS LESS CURRENT LIABILITIES 12,689 8,903
NET ASSETS 12,689 8,903
CAPITAL AND RESERVES
Called up share capital 7 20 20
Profit and Loss Account 12,669 8,883
SHAREHOLDERS' FUNDS 12,689 8,903
For the year ending 31 March 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary Freemantle
Director
28/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Selmeston Court (Seaford) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04236666 . The registered office is Office 4, Cavendish House, New Road, Newhaven, East Sussex , BN9 0EH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents amounts receivable from residents towards maintenance of the building and related costs.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.
Freehold property - not provided.

Freehold land and buildings

The Freehold of the property was aquired by the company on 12 November 2002 at a cost of £54,366. During 2008 the company granted 999 year leases to the flat-owners, the total consideration being equal to the loans made by the flat-owners to the company for the purchase of the freehold, and the loans were then extinguished. On the granting of the 999 year leases the market value of the freehold property was revalued by the directors and considered to have market value of £1. The freehold property has not been depreciated. This treatment as regards the freehold property is a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, the freehold property is not held for consumption but for the benefit of the members and the directors considered that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore neccesary for the financial statements to give a true and fair view.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 April 2024 1
Disposals (54,366 )
Revaluation 54,366
As at 31 March 2025 1
Net Book Value
As at 31 March 2025 1
As at 1 April 2024 1
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,570 1,578
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,139 1,138
Accruals and deferred income - 600
1,139 1,738
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20 20
Page 3