Seam Accountancy Ltd

Seam Accountancy Ltd
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	7,123	816
		7,123	816
Current assets
Cash at bank and in hand		1,973	20,033
Creditors: amount falling due within one year	4	(3,186)	(8,963)
Net current assets		(1,213)	11,070

Total assets less current liabilities		5,910	11,886
Net assets		5,910	11,886

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		5,810	11,786
Shareholders' funds		5,910	11,886

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 30 November 2025 and were signed by:

-------------------------------
Sachin Shrestha
Director

Seam Accountancy Ltd
Notes to the Financial Statements
For the year ended 28 February 2025

General Information

Seam Accountancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 13191070, registration address 45 Montrose Avenue, Welling, Kent, DA16 2QS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets over their expected useful lives on the following basis:

Computer Equipment

3 years Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 March 2024	-	1,224	1,224
Additions	8,954	-	8,954
Disposals	-	-	-
At 28 February 2025	8,954	1,224	10,178
Depreciation
At 01 March 2024	-	408	408
Charge for year	2,239	408	2,647
On disposals	-	-	-
At 28 February 2025	2,239	816	3,055
Net book values
Closing balance as at 28 February 2025	6,715	408	7,123
Opening balance as at 01 March 2024	-	816	816

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	0	2,400
Other Creditors	750	750
Directors' Current Accounts	2,436	5,813
	3,186	8,963

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 13191070
England and Wales
SEAM ACCOUNTANCY LTD

Unaudited Filleted Financial Statements

Period of accounts Start date: 01 March 2024 End date: 28 February 2025