SOUTH EAST WALLS & CEILINGS LIMITED

Company Registration Number:
04525396 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

SOUTH EAST WALLS & CEILINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

SOUTH EAST WALLS & CEILINGS LIMITED

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 3,939 8,173
Investments: 4 662,726 653,789
Total fixed assets: 666,665 661,962
Current assets
Debtors:   62,936 45,780
Cash at bank and in hand: 831,237 685,329
Investments:   675
Total current assets: 894,848 731,109
Creditors: amounts falling due within one year:   (68,783) (39,205)
Net current assets (liabilities): 826,065 691,904
Total assets less current liabilities: 1,492,730 1,353,866
Total net assets (liabilities): 1,492,730 1,353,866
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,492,729 1,353,865
Shareholders funds: 1,492,730 1,353,866

The notes form part of these financial statements

SOUTH EAST WALLS & CEILINGS LIMITED

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 October 2025
and signed on behalf of the board by:

Name: Mr Andrew John Bailey
Status: Director

The notes form part of these financial statements

SOUTH EAST WALLS & CEILINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

1 the ridings plot was bought in 2021 at a cost of £500,000. Costs had increased to £637529 by 31/01/24 and £646568 by 31/01/25. Sales of one of the properties was completed on 21/02/25 at a price of £816049. The St James Place corporate bond was realised with a profit of £82387 on an investment of £340000

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: motor vehicles 12.5% over 8 years

Valuation and information policy

Mercedes Sprinter truck revalued by 20% due to life being extended and state of second hand truck marketplace

Other accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out as above and have remained unchanged since the previous year and have been applied consistently within the same accounts. For 2025 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 teh Companies Act 2006.

SOUTH EAST WALLS & CEILINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

SOUTH EAST WALLS & CEILINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 53,110
At 31 January 2025 53,110
Depreciation
At 01 February 2024 44,937
Charge for year 4,234
At 31 January 2025 49,171
Net book value
At 31 January 2025 3,939
At 31 January 2024 8,173

SOUTH EAST WALLS & CEILINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Fixed investments

The company purchased the Ridings plot at a cost of £500000 in 2021 with costs rising to £646568 by 31/01/25. The company also had started to purchase sadlers farm cottage in 2025.

SOUTH EAST WALLS & CEILINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Loans to directors

A loan of upto £1000000 has been agreed with drawdown due to commence in March 2025

SOUTH EAST WALLS & CEILINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

6. Post balance sheet events

A loan of upto £1000000 has been agreed.