Company registration number 04858874 (England and Wales)
SUEME LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
SUEME LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SUEME LIMITED (REGISTERED NUMBER: 04858874)
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
385,685
390,591
Current assets
Debtors
4
10,680
632
Cash at bank and in hand
1,412
5,714
12,092
6,346
Creditors: amounts falling due within one year
5
(547,519)
(537,763)
Net current liabilities
(535,427)
(531,417)
Net liabilities
(149,742)
(140,826)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(149,744)
(140,828)
Total equity
(149,742)
(140,826)
For the financial year ended 31 March 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 11 December 2025
J Peppit
Director
SUEME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Sueme Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 5 Broadwindsor Industrial Estate, Broadwindsor Road, Beaminster, Dorset, DT8 3DP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
The company has on going financial support from its director.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover for the sale of goods is recognised when all of the following conditions are met:
- the company has transferred the significant risks and rewards of ownership to the buyer;
- the amount of turnover can be recognised reliably and;
- it is probable that the company will receive the consideration due under the transaction.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold Buildings
over 50 years (land element not depreciated)
Fixtures, fittings & equipment
20% on cost
Computer equipment
20% on cost
Motor vehicles
25% reducing balance
SUEME LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
2
1
3
Tangible fixed assets
Freehold Buildings
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2024
406,629
5,269
2,499
20,663
435,060
Additions
3,744
3,744
At 31 March 2025
410,373
5,269
2,499
20,663
438,804
Depreciation and impairment
At 1 April 2024
20,310
4,530
1,372
18,257
44,469
Depreciation charged in the year
7,209
554
285
602
8,650
At 31 March 2025
27,519
5,084
1,657
18,859
53,119
Carrying amount
At 31 March 2025
382,854
185
842
1,804
385,685
At 31 March 2024
386,319
739
1,127
2,406
390,591
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
10,101
Other debtors
579
632
10,680
632
SUEME LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
796
2,388
Other creditors
546,723
535,375
547,519
537,763