REGISTERED NUMBER: 04101165 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SECKLOE 50 LIMITED

T/A

A5 CAR SALES

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A C Newman

REGISTERED OFFICE:

120 Main Road

Earls Barton

Northampton

Northamptonshire

NN6 0HL

REGISTERED NUMBER:

04101165 (England and Wales)

ACCOUNTANTS:

Digital Tax Matters Limited

27 St. Cuthberts Street

Bedford

Bedfordshire

MK40 3JG

FIXED ASSETS

Tangible assets

4

890,400

882,886

CURRENT ASSETS

Stocks

798,367

794,390

Debtors

5

40,330

80,081

Cash at bank and in hand

19,520

27,354

858,217

901,825

CREDITORS

Amounts falling due within one year

6

917,781

1,004,815

NET CURRENT LIABILITIES

(59,564

)

(102,990

)

TOTAL ASSETS LESS CURRENT LIABILITIES

830,836

779,896

CREDITORS

Amounts falling due after more than one year

7

277,871

288,004

NET ASSETS

552,965

491,892

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

552,963

491,890

SHAREHOLDERS' FUNDS

552,965

491,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

A C Newman - Director

1.	STATUTORY INFORMATION

Seckloe 50 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

30% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

618,803

169,704

209,113

37,375

1,034,995

Additions

-

7,068

9,177

1,290

17,535

At 31 December 2024

618,803

176,772

218,290

38,665

1,052,530

DEPRECIATION

At 1 January 2024

-

83,693

39,142

29,274

152,109

Charge for year

-

4,930

3,682

1,409

10,021

At 31 December 2024

-

88,623

42,824

30,683

162,130

NET BOOK VALUE

At 31 December 2024

618,803

88,149

175,466

7,982

890,400

At 31 December 2023

618,803

86,011

169,971

8,101

882,886

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

25,141

64,656

Other debtors

15,189

15,425

40,330

80,081

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

71,936

37,835

Trade creditors

286,991

479,752

Taxation and social security

103,442

89,017

Other creditors

455,412

398,211

917,781

1,004,815

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

277,871

288,004

Amounts falling due in more than five years:

Repayable by instalments

Bounce Back Loan

14,784

24,917