0 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 01768267 2024-04-01 2025-03-31 01768267 2025-03-31 01768267 2024-03-31 01768267 2023-04-01 2024-03-31 01768267 2024-03-31 01768267 2023-03-31 01768267 core:PlantMachinery 2024-04-01 2025-03-31 01768267 core:MotorVehicles 2024-04-01 2025-03-31 01768267 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 01768267 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 01768267 bus:Director1 2024-04-01 2025-03-31 01768267 bus:Director2 2024-04-01 2025-03-31 01768267 core:PlantMachinery 2024-03-31 01768267 core:MotorVehicles 2024-03-31 01768267 core:PlantMachinery 2025-03-31 01768267 core:MotorVehicles 2025-03-31 01768267 core:DeferredTaxation 2024-04-01 2025-03-31 01768267 core:WithinOneYear 2025-03-31 01768267 core:WithinOneYear 2024-03-31 01768267 core:AfterOneYear 2025-03-31 01768267 core:AfterOneYear 2024-03-31 01768267 core:UKTax 2024-04-01 2025-03-31 01768267 core:UKTax 2023-04-01 2024-03-31 01768267 core:ShareCapital 2025-03-31 01768267 core:ShareCapital 2024-03-31 01768267 core:SharePremium 2025-03-31 01768267 core:SharePremium 2024-03-31 01768267 core:RetainedEarningsAccumulatedLosses 2025-03-31 01768267 core:RetainedEarningsAccumulatedLosses 2024-03-31 01768267 bus:OrdinaryShareClass1 core:ShareCapital 2025-03-31 01768267 bus:OrdinaryShareClass1 core:ShareCapital 2024-03-31 01768267 core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 01768267 core:AcceleratedTaxDepreciationDeferredTax 2024-03-31 01768267 core:PlantMachinery 2024-03-31 01768267 core:MotorVehicles 2024-03-31 01768267 core:DeferredTaxation 2024-03-31 01768267 core:DeferredTaxation 2025-03-31 01768267 bus:SmallEntities 2024-04-01 2025-03-31 01768267 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01768267 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01768267 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01768267 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: 01768267
SEED BROTHERS (EAST ANGLIA) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 March 2025
SEED BROTHERS (EAST ANGLIA) LIMITED
Contents
Directors report
Accountant's report
Statement of financial position
Notes to the financial statements
SEED BROTHERS (EAST ANGLIA) LIMITED
Directors report
Year ended 31 March 2025
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025.
Directors
The directors who served the company during the year were as follows:
Mr A J Seed
Mr J Balme
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 10 July 2025 and signed on behalf of the board by:
Mr J Balme
Director
SEED BROTHERS (EAST ANGLIA) LIMITED
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Seed Brothers (East Anglia) Limited
Year ended 31 March 2025
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 March 2025 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
R M F Pola FCA
Jenemi Associates Limited
2 Low Road
Congham
Kings Lynn
Norfolk
PE32 1AE
10 July 2025
SEED BROTHERS (EAST ANGLIA) LIMITED
Statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 6 327,094 309,555
_______ _______
327,094 309,555
Current assets
Stocks 177,479 215,083
Debtors 7 533,593 424,255
Cash at bank and in hand 167,533 194,270
_______ _______
878,605 833,608
Creditors: amounts falling due
within one year 8 ( 598,140) ( 526,325)
_______ _______
Net current assets 280,465 307,283
_______ _______
Total assets less current liabilities 607,559 616,838
Creditors: amounts falling due
after more than one year 9 ( 62,561) ( 110,512)
Provisions for liabilities 10 ( 62,148) ( 59,212)
_______ _______
Net assets 482,850 447,114
_______ _______
Capital and reserves
Called up share capital 12 100 100
Capital redemption reserve 49 49
Profit and loss account 482,701 446,965
_______ _______
Shareholders funds 482,850 447,114
_______ _______
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.
Directors 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 directors acknowledge 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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 10 July 2025 , and are signed on behalf of the board by:
Mr J Balme
Director
Company registration number: 01768267
SEED BROTHERS (EAST ANGLIA) LIMITED
Notes to the financial statements
Year ended 31 March 2025
1. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
2. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 15 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
3. Turnover
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
4. Profit before taxation
Profit before taxation is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible assets 77,014 81,715
_______ _______
5. Tax on profit
Major components of tax expense
2025 2024
£ £
Current tax:
UK current tax expense 140,377 100,337
_______ _______
Deferred tax:
Origination and reversal of timing differences 2,936 18,830
_______ _______
Tax on profit 143,313 119,167
_______ _______
6. Tangible assets
Plant and machinery Motor vehicles Total
£ £ £
Cost
At 1 April 2024 60,093 644,957 705,050
Additions 16,958 77,595 94,553
_______ _______ _______
At 31 March 2025 77,051 722,552 799,603
_______ _______ _______
Depreciation
At 1 April 2024 39,891 355,604 395,495
Charge for the year 4,675 72,339 77,014
_______ _______ _______
At 31 March 2025 44,566 427,943 472,509
_______ _______ _______
Carrying amount
At 31 March 2025 32,485 294,609 327,094
_______ _______ _______
At 31 March 2024 20,202 289,353 309,555
_______ _______ _______
7. Debtors
2025 2024
£ £
Trade debtors 533,593 424,255
_______ _______
8. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 277,704 232,538
Corporation tax 140,377 100,337
Social security and other taxes 76,947 75,699
Other creditors 103,112 117,751
_______ _______
598,140 526,325
_______ _______
9. Creditors: amounts falling due after more than one year
2025 2024
£ £
Other creditors 62,561 110,512
_______ _______
10. Provisions
Deferred tax (note 11) Total
£ £
At 1 April 2024 59,212 59,212
Additions 2,936 2,936
_______ _______
At 31 March 2025 62,148 62,148
_______ _______
11. Deferred tax
The deferred tax included in the statement of financial position is as follows:
2025 2024
£ £
Included in provisions (note 10) 62,148 59,212
_______ _______
The deferred tax account consists of the tax effect of timing differences in respect of:
2025 2024
£ £
Accelerated capital allowances 62,148 59,212
_______ _______
12. Called up share capital
Authorised share capital
2025 2024
No £ No £
Ordinary shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______
Issued, called up and fully paid
2025 2024
No £ No £
Ordinary shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______