S E I (Maintenance) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08539109 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2024

for

S E I (Maintenance) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Hopwood

REGISTERED OFFICE:

316 Blackpool Road

Fulwood

Preston

Lancashire

PR2 3AE

REGISTERED NUMBER:

08539109 (England and Wales)

ACCOUNTANTS:

McDade Roberts Accountants Limited

Chartered Accountants

316 Blackpool Road

Fulwood

Preston

Lancashire

PR2 3AE

FIXED ASSETS

Tangible assets

4

75

124

CURRENT ASSETS

Stocks

2,000

Debtors

5

45,535

52,299

47,535

54,299

CREDITORS

Amounts falling due within one year

6

40,691

28,830

NET CURRENT ASSETS

6,844

25,469

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,919

25,593

CREDITORS

Amounts falling due after more than one
year

7

(6,350

)

(24,810

)

PROVISIONS FOR LIABILITIES

(567

)

(782

)

NET ASSETS

2

1

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

1

-

SHAREHOLDERS' FUNDS

2

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2025 and were signed by:

Mr S Hopwood - Director

1.	STATUTORY INFORMATION

S E I (Maintenance) Ltd 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

-

20% on cost

Computer equipment

-

20% on cost

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 Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 December 2023

and 30 November 2024

899

249

1,148

DEPRECIATION

At 1 December 2023

899

125

1,024

Charge for year

-

49

At 30 November 2024

899

174

1,073

NET BOOK VALUE

At 30 November 2024

-

75

At 30 November 2023

-

124

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Trade debtors

1,788

2,694

S455 debtor

13,420

Directors' loan accounts

30,327

36,185

45,535

52,299

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Bank loans and overdrafts

5,698

1,434

Trade creditors

3,830

7,487

Tax

17,222

14,220

VAT

10,284

2,683

Other creditors

354

256

Accrued expenses

3,303

2,750

40,691

28,830

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.24

30.11.23

£

Hitchen Interest Free Loan

2,500

7,000

Iwoca Business Loan

3,850

17,810

6,350

24,810

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24

30.11.23

£

Mr S Hopwood

Balance outstanding at start of year

36,185

28,415

Amounts advanced

(5,858

)

7,770

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

30,327

36,185

The directors loan is an interest free loan and is repayable upon demand.