Company No: 07493452 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Lynn Sedgwick

REGISTERED OFFICE	Trinity House
	88-96 Market Street West
	Preston
	PR1 2EU
	United Kingdom

COMPANY NUMBER

07493452 (England and Wales)

ACCOUNTANT	MHA
	Richard House
	9 Winckley Square
	Preston
	Lancashire
	PR1 3HP

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	801,657		943,911
		801,657		943,911
Current assets
Debtors	4	8,746		2,844
Cash at bank and in hand	5	3,808		1,580
		12,554		4,424
Creditors: amounts falling due within one year	6	( 16,225)		( 197,192)
Net current liabilities		(3,671)		(192,768)
Total assets less current liabilities		797,986		751,143
Creditors: amounts falling due after more than one year	7	( 1,130)		0
Provision for liabilities		( 47,545)		( 43,833)
Net assets		749,311		707,310
Capital and reserves
Called-up share capital	8	1		1
Capital redemption reserve		1		1
Profit and loss account		749,309		707,308
Total shareholder's funds		749,311		707,310

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Sedgwick Holdings Ltd (registered number: 07493452) were approved and authorised for issue by the Director on 23 September 2025. They were signed on its behalf by:

Lynn Sedgwick Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sedgwick Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Trinity House, 88-96 Market Street West, Preston, PR1 2EU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property	not depreciated
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the director, on an open market value for existing use basis.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Investment property		Computer equipment		Total
	£		£		£
Cost
At 01 January 2024	943,531		4,720		948,251
Disposals	( 141,874)		0		( 141,874)
At 31 December 2024	801,657		4,720		806,377
Accumulated depreciation
At 01 January 2024	0		4,340		4,340
Charge for the financial year	0		380		380
rounding diff	0		0		0
At 31 December 2024	0		4,720		4,720
Net book value
At 31 December 2024	801,657		0		801,657
At 31 December 2023	943,531		380		943,911

4. Debtors

	2024		2023
	£		£
Other debtors	8,746		2,844

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	3,808		1,580

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	2,837		6,767
Taxation and social security	8,575		13,496
Other creditors	4,813		176,929
	16,225		197,192

7. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	1,130		0

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

9. Related party transactions

Transactions with owners holding a participating interest in the entity

	2024		2023
	£		£
Clayton Recruitment Limited	0		(174,901)
Directors loan account	3,288		(6,767)

During the year the creditor brought forward from Clayton Recruitment Limited was cleared by transfer into the Directors Loan account

During the year the director had a loan account that became overdrawn. At 1 January 2024 the balance was a creditor of £6,767. Transactions during the period resulted in the balance at 31 December 2024 being a debtor of £3,288. No interest has been charged on the loan outstanding.