IRIS Accounts Production v25.2.0.378 01451739 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01451739 2024-03-31 01451739 2025-03-31 01451739 2024-04-01 2025-03-31 01451739 2023-03-31 01451739 2023-04-01 2024-03-31 01451739 2024-03-31 01451739 ns15:EnglandWales 2024-04-01 2025-03-31 01451739 ns14:PoundSterling 2024-04-01 2025-03-31 01451739 ns10:Director1 2024-04-01 2025-03-31 01451739 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01451739 ns10:SmallEntities 2024-04-01 2025-03-31 01451739 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01451739 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 01451739 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01451739 ns10:FullAccounts 2024-04-01 2025-03-31 01451739 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 01451739 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 01451739 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 01451739 ns10:Director2 2024-04-01 2025-03-31 01451739 ns10:CompanySecretary1 2024-04-01 2025-03-31 01451739 ns10:RegisteredOffice 2024-04-01 2025-03-31 01451739 ns5:CurrentFinancialInstruments 2025-03-31 01451739 ns5:CurrentFinancialInstruments 2024-03-31 01451739 ns5:ShareCapital 2025-03-31 01451739 ns5:ShareCapital 2024-03-31 01451739 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 01451739 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 01451739 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 01451739 ns5:PlantMachinery 2024-04-01 2025-03-31 01451739 ns5:MotorVehicles 2024-04-01 2025-03-31 01451739 ns5:ComputerEquipment 2024-04-01 2025-03-31 01451739 ns5:LeaseholdImprovements 2024-03-31 01451739 ns5:PlantMachinery 2024-03-31 01451739 ns5:MotorVehicles 2024-03-31 01451739 ns5:ComputerEquipment 2024-03-31 01451739 ns5:LeaseholdImprovements 2025-03-31 01451739 ns5:PlantMachinery 2025-03-31 01451739 ns5:MotorVehicles 2025-03-31 01451739 ns5:ComputerEquipment 2025-03-31 01451739 ns5:LeaseholdImprovements 2024-03-31 01451739 ns5:PlantMachinery 2024-03-31 01451739 ns5:MotorVehicles 2024-03-31 01451739 ns5:ComputerEquipment 2024-03-31 01451739 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 01451739 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 01451739 ns5:DeferredTaxation 2024-03-31 01451739 ns5:DeferredTaxation 2025-03-31 01451739 ns10:OrdinaryShareClass1 2025-03-31 01451739 ns10:OrdinaryShareClass2 2025-03-31 01451739 ns10:OrdinaryShareClass3 2025-03-31

REGISTERED NUMBER: 01451739 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Sealpump Engineering Limited |

| Sealpump Engineering Limited (Registered number: 01451739) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Sealpump Engineering Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | S J Larkin

| S D Brown

| SECRETARY: | M T Larkin

| REGISTERED OFFICE: | 19 Ellerbeck Court

| Stokesley Business Park

| Stokesley

| MIDDLESBROUGH

| North Yorkshire

| TS9 5PT

| REGISTERED NUMBER: | 01451739 (England and Wales)

| ACCOUNTANTS: | Clive Owen LLP

| Chartered Accountants

| 140 Coniscliffe Road

| DARLINGTON

| Co Durham

| DL3 7RT

| Sealpump Engineering Limited (Registered number: 01451739) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 161,362 |  | 152,909 |  |

CURRENT ASSETS

Stocks | 5 | 28,000 |  | 36,000 |  |

Debtors | 6 | 348,426 |  | 221,390 |  |

Cash at bank | 390,530 |  | 534,717 |  |

766,956 |  | 792,107 |  |

CREDITORS

Amounts falling due within one year | 7 | 267,879 |  | 370,329 |  |

NET CURRENT ASSETS | 499,077 |  | 421,778 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 660,439 |  | 574,687 |  |

PROVISIONS FOR LIABILITIES | 8 | 30,300 |  | 32,950 |  |

NET ASSETS | 630,139 |  | 541,737 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 242 |  | 242 |  |

Retained earnings | 629,897 |  | 541,495 |  |

SHAREHOLDERS' FUNDS | 630,139 |  | 541,737 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| Sealpump Engineering Limited (Registered number: 01451739) |

Balance Sheet - continued

31 March 2025

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 Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:

S J Larkin - Director

| Sealpump Engineering Limited (Registered number: 01451739) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Sealpump Engineering Limited 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.

| There were no material departures from that standard.

| The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Income recognition

| Turnover is recognised when goods are dispatched, made available to the customer or when the service has been provided in accordance with the contract.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 2% on cost

| Tools & equipment | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Office equipment | - | 10% on reducing balance

| Tangible fixed assets are stated at cost less accumulated depreciation and impairment.

| Stocks

| Stocks are valued at the lower of cost and estimated selling price less costs to sell.

| Financial instruments

| Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

| 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.

| Sealpump Engineering Limited (Registered number: 01451739) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Operating lease commitments

| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 5 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Tools & |  | Motor |  | Office |

| property |  | equipment |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 37,463 |  | 12,515 |  | 12,995 |  | 150,396 |  | 213,369 |  |

| Additions | 15,774 |  | 3,229 |  | - |  | 2,843 |  | 21,846 |  |

| At 31 March 2025 | 53,237 |  | 15,744 |  | 12,995 |  | 153,239 |  | 235,215 |  |

| DEPRECIATION

| At 1 April 2024 | 1,012 |  | 10,052 |  | 10,491 |  | 38,905 |  | 60,460 |  |

| Charge for year | 752 |  | 717 |  | 626 |  | 11,298 |  | 13,393 |  |

| At 31 March 2025 | 1,764 |  | 10,769 |  | 11,117 |  | 50,203 |  | 73,853 |  |

| NET BOOK VALUE

| At 31 March 2025 | 51,473 |  | 4,975 |  | 1,878 |  | 103,036 |  | 161,362 |  |

| At 31 March 2024 | 36,451 |  | 2,463 |  | 2,504 |  | 111,491 |  | 152,909 |  |

5. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 28,000 |  | 36,000 |  |

| Sealpump Engineering Limited (Registered number: 01451739) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 236,926 |  | 220,564 |  |

| Amounts owed by related undertaking | 110,555 |  | - |  |

| Prepayments and accrued income | 945 |  | 826 |  |

348,426 |  | 221,390 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 142,403 |  | 172,983 |  |

| Taxation and social security | 108,496 |  | 69,781 |  |

| Other creditors | 12,327 |  | 1,225 |  |

| Amounts owed to related undertaking | - |  | 123,240 |  |

| Accruals and deferred income | 4,653 |  | 3,100 |  |

267,879 |  | 370,329 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 30,300 |  | 32,950 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 32,950 |  |

| Accelerated capital allowances | (2,650 | ) |

| Balance at 31 March 2025 | 30,300 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 100 | Ordinary A | £1 | 100 |  | 100 |  |

| 42 | Ordinary B | £1 | 42 |  | 42 |  |

242 |  | 242 |  |

10. | RELATED PARTY DISCLOSURES

|  | 2025 |  | 2024 |  |

|  | £ |  | £ |  |

| Amounts owed from / (to) companies where the owners hold a participating interest |  | 110,555 |  | (123,240) |  |

| No interest has been charged |  |