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Company Registration No. 06020867 (England and Wales)
Seal And Pump Engineering (U.K) Limited Unaudited accounts for the year ended 31 December 2024
Seal And Pump Engineering (U.K) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Seal And Pump Engineering (U.K) Limited Company Information for the year ended 31 December 2024
Directors
Simon Mountney Jaqueline Mountney William Mountney
Company Number
06020867 (England and Wales)
Registered Office
The Enterprise Centre Enterprise Way Bessingby Industrial Estate Bridlington East Yorkshire YO16 4SF United Kingdom
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Seal And Pump Engineering (U.K) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
161,342 
172,622 
Tangible assets
5
137,766 
140,754 
299,108 
313,376 
Current assets
Inventories
102,357 
130,960 
Debtors
6
441,000 
336,752 
Cash at bank and in hand
166,803 
85,424 
710,160 
553,136 
Creditors: amounts falling due within one year
7
(605,793)
(445,789)
Net current assets
104,367 
107,347 
Net assets
403,475 
420,723 
Capital and reserves
Called up share capital
600 
600 
Profit and loss account
402,875 
420,123 
Shareholders' funds
403,475 
420,723 
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.
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 26 August 2025 and were signed on its behalf by
Simon Mountney Director Company Registration No. 06020867
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Seal And Pump Engineering (U.K) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Seal And Pump Engineering (U.K) Limited is a private company, limited by shares, registered in England and Wales, registration number 06020867. The registered office is The Enterprise Centre, Enterprise Way, Bessingby Industrial Estate, Bridlington, East Yorkshire, YO16 4SF, 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.
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
15-25%
Motor vehicles
15-25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
195,182 
At 31 December 2024
195,182 
Amortisation
At 1 January 2024
22,560 
Charge for the year
11,280 
At 31 December 2024
33,840 
Net book value
At 31 December 2024
161,342 
At 31 December 2023
172,622 
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Seal And Pump Engineering (U.K) Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
137,674 
147,695 
285,369 
Additions
1,417 
21,990 
23,407 
At 31 December 2024
139,091 
169,685 
308,776 
Depreciation
At 1 January 2024
103,063 
41,552 
144,615 
Charge for the year
5,896 
20,499 
26,395 
At 31 December 2024
108,959 
62,051 
171,010 
Net book value
At 31 December 2024
30,132 
107,634 
137,766 
At 31 December 2023
34,611 
106,143 
140,754 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
441,000 
329,861 
Accrued income and prepayments
- 
6,891 
441,000 
336,752 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
15,487 
25,761 
VAT
28,936 
29,382 
Obligations under finance leases and hire purchase contracts
110,758 
115,906 
Trade creditors
397,150 
228,382 
Taxes and social security
19,818 
19,549 
Loans from directors
20,351 
21,899 
Accruals
13,293 
4,910 
605,793 
445,789 
8
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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