Seesaw Community Manchester Limited

	Page
Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 11416038

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,698		23,114
Tangible Assets	5		354,226		414,376

			361,924		437,490
CURRENT ASSETS
Stocks	6	3,519		2,280
Debtors	7	150,077		147,934
Cash at bank and in hand		16,307		20,477

		169,903		170,691
Creditors: Amounts Falling Due Within One Year	8	(602,642 )		(294,579 )

NET CURRENT ASSETS (LIABILITIES)			(432,739 )		(123,888 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(70,815 )		313,602

Creditors: Amounts Falling Due After More Than One Year	9		(1,192,573 )		(1,203,417 )

NET LIABILITIES			(1,263,388 )		(889,815 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			(1,263,389 )		(889,816 )

SHAREHOLDERS' FUNDS			(1,263,388)		(889,815)

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Seesaw Community Manchester Limited

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Roland Williams

Director

30/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Seesaw Community Manchester Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11416038 . The registered office is 84-86 Princess Street, Manchester, M1 6NG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The company has made and continues to make trading losses due to the ongoing economic uncertainty in the marketplace and issues arising from the Covid 19 pandemic. To assess the basis of preparation of these financial statements the Directors have considered the following:

A business plan has been modelled for the next 24 months and this has been reviewed and agreed by the board.

The business continues to develop and is forecast to make profits over the coming years.

The Company will continue to meet its liabilities as they fall due.

The Parent and Ultimate Parent Company have provided written assurance that they will continue to support the Company for a period of not less than 18 months from the singing of these financial statements.

On the basis of the above the Directors consider it reasonable for the accounts to be prepared on the going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover is measured on the accruals basis of accounting.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Rental Income

Rental income is recognised at the fair value of rents recevied or receivable in the normal course of business on an accruals basis.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website deleopment costs. These are amortised to profit and loss account over the estimated economic life of 4 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over the term of the lease
Plant & Machinery	20% reducing balance
Fixtures & Fittings	Over the term of the lease
Computer Equipment	25% Straight Line

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Seesaw Community Manchester Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2024

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 6)

4. Intangible Assets

	Other
	£
Cost
As at 1 October 2023	61,662

As at 30 September 2024	61,662

Amortisation
As at 1 October 2023	38,548
Provided during the period	15,416

As at 30 September 2024	53,964

Net Book Value
As at 30 September 2024	7,698

As at 1 October 2023	23,114

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2023	442,730	49,591	59,970	21,798	574,089
Additions	-	90	-	1,855	1,945

As at 30 September 2024	442,730	49,681	59,970	23,653	576,034

Depreciation
As at 1 October 2023	112,544	19,098	15,205	12,866	159,713
Provided during the period	44,396	6,115	6,166	5,418	62,095

As at 30 September 2024	156,940	25,213	21,371	18,284	221,808

Net Book Value
As at 30 September 2024	285,790	24,468	38,599	5,369	354,226

As at 1 October 2023	330,186	30,493	44,765	8,932	414,376

6. Stocks

	2024	2023
	£	£
Stock	3,519	2,280

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Seesaw Community Manchester Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2024

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	2,159	1,028
Prepayments and accrued income	58,671	59,106
VAT	1,447	-

	62,277	60,134
Due after more than one year
Deferred tax current asset	87,800	87,800

	150,077	147,934

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	410,828	161,130
Other taxes and social security	4,071	4,849
VAT	-	224
Net wages	2,034	864
Accruals and deferred income	185,709	127,512

	602,642	294,579

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Accruals and deferred income	149,292	190,008
Capital grants	38,436	44,350
Amounts owed to related parties	1,004,845	969,059

	1,192,573	1,203,417

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

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