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
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
Sea Squared Trading Limited
Statement of financial position
as at 31 December 2024
Investments
1,813,193
1,801,890
Cash at bank and in hand
86
85
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)
Called up share capital
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
Sea Squared Trading Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
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).