1 April 2024 v2025.35.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP089243852024-04-012025-03-31089243852025-03-31089243852024-03-3108924385core:WithinOneYear2025-03-3108924385core:WithinOneYear2024-03-3108924385core:ShareCapital2025-03-3108924385core:ShareCapital2024-03-3108924385core:RetainedEarningsAccumulatedLosses2025-03-3108924385core:RetainedEarningsAccumulatedLosses2024-03-3108924385bus:Director12024-04-012025-03-3108924385bus:RegisteredOffice2024-04-012025-03-31089243852023-04-012024-03-3108924385core:LandBuildings2025-03-3108924385core:LandBuildings2024-03-310892438512024-04-012025-03-3108924385countries:EnglandWales2024-04-012025-03-3108924385bus:AuditExemptWithAccountantsReport2024-04-012025-03-3108924385bus:PrivateLimitedCompanyLtd2024-04-012025-03-3108924385bus:SmallEntities2024-04-012025-03-3108924385bus:FullAccounts2024-04-012025-03-31
Company registration number:
08924385
SEGEV LIMITED
Unaudited Filleted Financial Statements for the year ended
31 March 2025
SEGEV LIMITED
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
324,413
 
324,413
 
Current assets    
Cash at bank and in hand
11,685
 
10,450
 
Creditors: amounts falling due within one year 6
(319,912
)
(327,465
)
Net current liabilities
(308,227
)
(317,015
)
Total assets less current liabilities 16,186   7,398  
Capital and reserves    
Called up share capital
1,000
 
1,000
 
Profit and loss account
15,186
 
6,398
 
Shareholders funds
16,186
 
7,398
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
30 May 2025
, and are signed on behalf of the board by:
Mrs Glynis Kuzuk
Director
Company registration number:
08924385
SEGEV LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Planet House
,
North Heath Lane
,
Horsham
,
West Sussex
,
RH12 5QE
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1
).

5 Tangible assets

Land and buildings
£
Cost  
At
1 April 2024
and
31 March 2025
324,413
 
Depreciation  
At
1 April 2024
and
31 March 2025
-  
Carrying amount  
At
31 March 2025
324,413
 
At 31 March 2024
324,413
 

Investment property

Included in land and buildings are the following amounts in relation to investment properties:
2025
£
Carrying value at
1 April 2024
and
31 March 2025
324,413
 

6 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
2,039
 
1,812
 
Other creditors
317,873
 
325,653
 
319,912
 
327,465