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Registered number: 02685328
S.E.S. Developments Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
APM Associates Ltd
Accountants
9 Worsley Road
Swinton
Manchester
Gtr Manchester
M27 5WN
S.E.S. Developments Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Mr L E Pye
Mr S S Pye
SECRETARY
Mrs L A Pye
REGISTERED OFFICE
Birch House
Bradfield Road, Urmston
Manchester
Gtr Manchester
M41 9PF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02685328
BANKERS
RBS
ACCOUNTANTS
APM Associates Ltd
Accountants
9 Worsley Road
Swinton
Manchester
Gtr Manchester
M27 5WN
S.E.S. Developments Ltd
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
S.E.S. Developments Ltd
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets2934,862982,006
CURRENT ASSETS
Stock258,692253,060
Debtors41,218,7271,815,320
Current Asset Investments5100100
Cash at bank and in hand882,815756,937
2,360,3342,825,417
CREDITORS: Amounts falling due within one year61,148,7411,935,585
NET CURRENT ASSETS1,211,593889,832
TOTAL ASSETS LESS CURRENT LIABILITIES2,146,4551,871,838
CAPITAL AND RESERVES
Called up share capital850,00050,000
Profit and loss account2,096,4551,821,838
SHAREHOLDERS' FUNDS2,146,4551,871,838
For the year ending 31/03/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/11/2025 and signed on their behalf by
.............................
Mr L E Pye
Director
S.E.S. Developments Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesstraight line 20%
Fixtures and Fittingsstraight line 15%
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
S.E.S. Developments Ltd
2. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/04/2024847,9894,669270,35412,14311,1351,146,290
Additions---8632,1262,989
Disposals-(4,669)-(7,687)(3,272)(15,628)
At 31/03/2025847,989-270,3545,3199,9891,133,651
Depreciation
At 01/04/2024-4,669140,64710,8078,161164,284
Disposals-(4,669)-(7,687)(3,272)(15,628)
For the year--48,3274881,31850,133
At 31/03/2025--188,9743,6086,207198,789
Net Book Amounts
At 31/03/2025847,989-81,3801,7113,782934,862
At 31/03/2024847,989-129,7071,3362,974982,006
3. STOCK 20252024
££
Stock comprises:
Work in progress258,692253,060
258,692253,060
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors1,030,5991,756,713
Other debtors17,36925,212
Amounts due from subsidiary companies168,31914,400
Prepayments2,44018,995
1,218,7271,815,320
S.E.S. Developments Ltd
5. CURRENT ASSET INVESTMENTS
20252024
££
Shares in subsidiaries100100
100100
The company owns 100% of the ordinary share capital in Victoria Parade Urmston Ltd, a company registered in England, (Company Number 15539484)
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax189,761162,875
VAT238,410281,084
PAYE control38,19924,189
Directors current account2,704-
Trade creditors562,7721,341,943
Other creditors62,76167,969
Accruals54,13457,525
1,148,7411,935,585
7. EMPLOYEES
20252024
No.No.
Average number of employees48
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
50000 Ordinary shares of £1 each5000050000
50,00050,000
9. CONTROLLING PARTY
The controlling party of the company are the directors due to their ownership of 100% of the ordinary share capital.
S.E.S. Developments Ltd
10. RELATED PARTY TRANSACTIONS
The company was under the control of Mr S S Pye and Mr L E Pye who were directors and shareholders throughout the year under review.
The company owns 100% of the ordinary share capital of Victoria Parade Urmston Ltd a company incorporated in England, (Company Number 15539484).
As at the year end the company was owed £168,319 from it's subsidiary. The loan is interest free and is repayable on demand.