1 January 2024 false No description of principal activity Taxfiler 2024.6 09578006 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09578006 2023-12-31 09578006 2024-01-01 2024-12-31 09578006 business:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09578006 business:AbridgedAccounts 2024-01-01 2024-12-31 09578006 2024-12-31 09578006 business:Director1 2024-01-01 2024-12-31 09578006 business:Director2 2024-01-01 2024-12-31 09578006 business:RegisteredOffice 2024-01-01 2024-12-31 09578006 2023-12-31 09578006 core:WithinOneYear 2024-12-31 09578006 core:WithinOneYear 2023-12-31 09578006 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 09578006 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 09578006 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 09578006 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 09578006 core:PreviouslyStatedAmount 2024-12-31 09578006 core:PreviouslyStatedAmount 2023-12-31 09578006 business:SmallEntities 2024-01-01 2024-12-31 09578006 countries:EnglandWales 2024-01-01 2024-12-31 09578006 business:OrdinaryShareClass1 2024-01-01 2024-12-31 09578006 business:OrdinaryShareClass1 2023-01-01 2023-12-31 09578006 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09578006 (England and Wales)
Sea Squared Trading Limited Unaudited accounts for the year ended 31 December 2024
Sea Squared Trading Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sea Squared Trading Limited Company Information for the year ended 31 December 2024
Directors
Mr R Churchill-Coleman Mrs R Churchill-Coleman
Company Number
09578006 (England and Wales)
Registered Office
Midstrey Barn The Plantation Curdridge Southampton Hampshire SO32 2DT England
Accountants
QA Finance Ltd 85 Great Portland Street London W1W 7LT
- 3 -
Sea Squared Trading Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Current assets
Debtors
2
2
Investments
1,813,193
1,801,890
Cash at bank and in hand
86
85
1,813,281
1,801,977
Creditors: amounts falling due within one year
(1,873,247)
(1,814,088)
Net current liabilities
(59,966)
(12,111)
Net liabilities
(59,966)
(12,111)
Capital and reserves
Called up share capital
4
4
4
Profit and loss account
(59,970)
(12,115)
Shareholders' funds
(59,966)
(12,111)
For the year ending 31 December 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 September 2025 and were signed on its behalf by
Mr R Churchill-Coleman Director Company Registration No. 09578006
- 4 -
Sea Squared Trading Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Sea Squared Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 09578006. The registered office is Midstrey Barn, The Plantation, Curdridge, Southampton, Hampshire, SO32 2DT, England.
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.
Current Asset Investments
During the year, the directors have reviewed the carrying value of the Company’s current asset investment and recognised a provision for diminution in value of £46,492, representing approximately 2.5% of the investment’s cost. The carrying value has been adjusted accordingly. The directors will review the carrying value again during the financial year ending 31 December 2025 to ensure that it continues to reflect the estimated net realisable amount.
4
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
5
Controlling party
The controlling party is Mr R Churchill-Coleman.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 5 -