REGISTERED NUMBER: 12247754 (England and Wales)

Financial Statements

for the Period 1 January 2024 to 30 December 2024

for

SebSpace Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1,967

2,313

CURRENT ASSETS

Debtors

5

16,906

20,539

Cash at bank

75,824

14,323

92,730

34,862

CREDITORS

Amounts falling due within one year

6

59,393

35,715

NET CURRENT ASSETS/(LIABILITIES)

33,337

(853

)

TOTAL ASSETS LESS CURRENT LIABILITIES

35,304

1,460

PROVISIONS FOR LIABILITIES

492

578

NET ASSETS

34,812

882

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

34,712

782

SHAREHOLDERS' FUNDS

34,812

882

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

Mr N R Skinner - Director

1.	STATUTORY INFORMATION

SebSpace Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12247754

Registered office:

Amtri House

Hulley Road

Macclesfield

United Kingdom

SK10 2NE

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 30 December 2024

3,201

DEPRECIATION

At 1 January 2024

888

Charge for period

346

At 30 December 2024

1,234

NET BOOK VALUE

At 30 December 2024

1,967

At 31 December 2023

2,313

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

16,814

11,636

Amounts owed by group undertakings

-

8,803

Other debtors

92

100

16,906

20,539

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

4,249

2,982

Amounts owed to group undertakings

5,397

-

Taxation and social security

31,068

23,564

Other creditors

18,679

9,169

59,393

35,715

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard Thompson FCA (Senior Statutory Auditor)

for and on behalf of Thompson Wright (Audit) Limited

8.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

9.	ULTIMATE CONTROLLING PARTY

The parent of the smallest group for which consolidated financial statements are drawn up, of which the company, is a member is Seb World Limited, Amtri House, Hulley Road, Macclesfield, England, SK10 2NE.