Company Registration No. 08820467 (England and Wales)
Singleton Seeds Limited
Unaudited accounts
for the year ended 31 March 2025
Singleton Seeds Limited
Unaudited accounts
Contents
Singleton Seeds Limited
Company Information
for the year ended 31 March 2025
Company Number
08820467 (England and Wales)
Registered Office
33 Garstang Road
Bowgreave Garstang
Preston
Lancashire
PR3 1YD
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
Singleton Seeds Limited
Statement of financial position
as at 31 March 2025
Tangible assets
61,173
61,378
Cash at bank and in hand
24,822
97,408
Creditors: amounts falling due within one year
(121,658)
(200,889)
Net current liabilities
(77,989)
(89,495)
Total assets less current liabilities
(16,816)
(28,117)
Provisions for liabilities
Deferred tax
(10,470)
(8,365)
Net liabilities
(27,286)
(36,482)
Called up share capital
100
100
Profit and loss account
(27,386)
(36,582)
Shareholders' funds
(27,286)
(36,482)
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2025 and were signed on its behalf by
Graham Singleton
Director
Company Registration No. 08820467
Singleton Seeds Limited
Notes to the Accounts
for the year ended 31 March 2025
Singleton Seeds Limited is a private company, limited by shares, registered in England and Wales, registration number 08820467. The registered office is 33 Garstang Road, Bowgreave Garstang, Preston, Lancashire, PR3 1YD. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33.3% on Cost
Singleton Seeds Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
16,936
54,613
1,752
1,918
75,219
Additions
16,358
-
-
-
16,358
At 31 March 2025
33,294
54,613
1,752
1,918
91,577
At 1 April 2024
5,012
6,827
444
1,558
13,841
Charge for the year
3,929
11,947
327
360
16,563
At 31 March 2025
8,941
18,774
771
1,918
30,404
At 31 March 2025
24,353
35,839
981
-
61,173
At 31 March 2024
11,924
47,786
1,308
360
61,378
Amounts falling due within one year
Trade debtors
17,216
13,986
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
3,835
Trade creditors
21,582
34,014
Other creditors
502
61,854
Loans from directors
99,574
100,038
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's current account
71,274
-
-
71,274
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).