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Company Registration No. 14141034 (England and Wales)
SEAL ENERGY GROUP LIMITED Unaudited accounts for the year ended 31 May 2025
SEAL ENERGY GROUP LIMITED Unaudited accounts Contents
Page
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SEAL ENERGY GROUP LIMITED Company Information for the year ended 31 May 2025
Directors
TAYLOR, Matthew WESTWOOD, Leigh James
Secretary
WESTWOOD, Leigh James
Company Number
14141034 (England and Wales)
Registered Office
4 POST OFFICE VAULTS MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT UNITED KINGDOM
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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SEAL ENERGY GROUP LIMITED Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,238 
38,225 
Current assets
Debtors
14,056 
20,533 
Cash at bank and in hand
9,803 
14,842 
23,859 
35,375 
Creditors: amounts falling due within one year
(28,920)
(41,972)
Net current liabilities
(5,061)
(6,597)
Total assets less current liabilities
2,177 
31,628 
Creditors: amounts falling due after more than one year
- 
(17,645)
Provisions for liabilities
Deferred tax
(1,375)
- 
Net assets
802 
13,983 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
702 
13,883 
Shareholders' funds
802 
13,983 
For the year ending 31 May 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 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 12 July 2025 and were signed on its behalf by
WESTWOOD, Leigh James Director Company Registration No. 14141034
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SEAL ENERGY GROUP LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
SEAL ENERGY GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14141034. The registered office is 4 POST OFFICE VAULTS, MARKET PLACE, WANTAGE, OXFORDSHIRE, OX12 8AT, UNITED KINGDOM.
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 year, 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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
33% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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SEAL ENERGY GROUP LIMITED Notes to the Accounts for the year ended 31 May 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2024
8,000 
45,995 
670 
54,665 
Disposals
- 
(30,995)
- 
(30,995)
At 31 May 2025
8,000 
15,000 
670 
23,670 
Depreciation
At 1 June 2024
3,833 
12,481 
126 
16,440 
Charge for the year
2,000 
2,292 
126 
4,418 
On disposals
- 
(4,426)
- 
(4,426)
At 31 May 2025
5,833 
10,347 
252 
16,432 
Net book value
At 31 May 2025
2,167 
4,653 
418 
7,238 
At 31 May 2024
4,167 
33,514 
544 
38,225 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,603 
12,931 
Deferred tax asset
7,263 
Other debtors
12,453 
339 
14,056 
20,533 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
4,638 
2,081 
Obligations under finance leases and hire purchase contracts
- 
6,036 
Trade creditors
- 
3,921 
Taxes and social security
22,782 
16,256 
Loans from directors
- 
12,178 
Accruals
1,500 
1,500 
28,920 
41,972 
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SEAL ENERGY GROUP LIMITED Notes to the Accounts for the year ended 31 May 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
17,645 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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