| Registered Number:09433366 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
Sean Farrelly Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
93,839
115,715
3
93,839
115,715
| Trade and other receivables |
22,743
29,731
4
71,096
| Cash and cash equivalents |
112,577
142,308
93,839
| Trade and other payables: amounts falling due within one |
| year |
(38,037)
(42,432)
5
55,802
99,876
Net current assets
| Total assets less current liabilities |
193,715
171,517
| Trade and other payables: amounts falling due after more |
| than one year |
(25,399)
(26,124)
6
167,591
Net assets
146,118
1,000
1,000
166,591
145,118
167,591
146,118
Shareholders' funds
| For the 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 ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 08 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Sean Farrelly Limited
Notes to the Financial Statements
Statutory Information
| Sean Farrelly Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 09433366. |
263 Brentwood Road
Herongate
Brentwood
Essex
CM13 3LH
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 4 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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For the year ended 31 March 2025
Sean Farrelly Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
10,000
10,000
10,000
10,000
-
-
| 3. Property, plant and equipment |
Motor vehicles
303,627
1,939
98,650
203,038
1,345
1,345
-
-
203,038
98,650
3,284
304,972
| Provision for depreciation and impairment |
187,912
1,513
82,595
103,804
Charge for year
23,221
165
3,210
19,846
211,133
1,678
85,805
123,650
79,388
12,845
1,606
93,839
99,234
16,055
426
115,715
| 4. Trade and other receivables |
2024
2025
29,336
22,470
| Prepayments and accrued income |
395
273
22,743
29,731
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For the year ended 31 March 2025
Sean Farrelly Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
8,080
5,943
| Taxation and social security |
33,252
27,196
| Accruals and deferred income |
1,100
1,025
| Obligations under HP/Financial leases |
-
3,873
42,432
38,037
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
25,399
26,124
| 7. Related party transactions |
| The company is controlled by the Director Sean Farrelly who holds 100% of the voting rights of the company. |
| During the period the Director received interim ordinary share dividends in the sum of £32,464 (2024: £24,000) in |
| respect of his equity shareholding in the company. |
| 8. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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