Registration number: 07937799

LJF Seymours Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

LJF Seymours Limited

Company Information

Directors

GB Ferrucci LJ Moss F Orlando J Taylor

Registered office

Maria House 35 Millers Road Brighton BN1 5NP

Accountants

Chisnall Comer Ismail & Co Chartered AccountantsMaria House 35 Millers Road Brighton BN1 5NP

LJF Seymours Limited

(Registration number: 07937799)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	122,158	121,302
Current assets
Debtors	5	269,966	306,688
Cash at bank and in hand		184,978	200,108
		454,944	506,796
Creditors: Amounts falling due within one year	6	(169,574)	(286,888)
Net current assets		285,370	219,908
Total assets less current liabilities		407,528	341,210
Creditors: Amounts falling due after more than one year	6	(4,166)	(14,166)
Provisions for liabilities	8	(30,539)	(30,325)
Net assets		372,823	296,719
Capital and reserves
Called up share capital	9	8	8
Retained earnings		372,815	296,711
Shareholders' funds		372,823	296,719

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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

LJF Seymours Limited

(Registration number: 07937799)
Balance Sheet as at 31 December 2024

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:



 

.........................................

LJ Moss

Director

LJF Seymours Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Maria House
35 Millers Road
Brighton
BN1 5NP

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of estate agency services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

LJF Seymours Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% Reducing balance
Computer equipment	33% Straight line
Plant and machinery	25% Reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2023 - 15).

LJF Seymours Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	118,163	25,326	6,380	149,869
Additions	-	1,798	-	1,798
At 31 December 2024	118,163	27,124	6,380	151,667
Depreciation
At 1 January 2024	-	25,028	3,539	28,567
Charge for the year	-	232	710	942
At 31 December 2024	-	25,260	4,249	29,509
Carrying amount
At 31 December 2024	118,163	1,864	2,131	122,158
At 31 December 2023	118,163	298	2,841	121,302

Included within the net book value of land and buildings above is £118,163 (2023 - £118,163) in respect of long leasehold land and buildings.
 

5

Debtors

Current	2024 £	2023 £
Trade debtors	40,454	112,061
Prepayments	14,947	12,908
Other debtors	214,565	181,719
	269,966	306,688

LJF Seymours Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	7	10,000	10,000
Trade creditors		8,227	1,515
Amounts owed to group undertakings and undertakings in which the company has a participating interest		34,323	66,335
Taxation and social security		84,862	182,171
Accruals and deferred income		3,676	7,626
Other creditors		28,486	19,241
		169,574	286,888

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	7	4,166	14,166

LJF Seymours Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	4,166	14,166

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	10,000	10,000

8	Provisions for liabilities

Deferred tax

Deferred tax provisions comprise of:

	2024 £	2023 £
Accelerated capital allowances	30,539	30,325