REGISTERED NUMBER: 09997852 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Seapoint Capital Partners Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Gilmartin

C Havard

REGISTERED OFFICE:

C/o City, Chartered Accountants

Suite 540, 5th Floor, Linen Hall

162-168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

09997852 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

4

8,562

13,091

CURRENT ASSETS

Debtors

5

1,924,304

1,698,716

Cash at bank

24,242

993,142

1,948,546

2,691,858

CREDITORS

Amounts falling due within one year

6

(73,902

)

(996,600

)

NET CURRENT ASSETS

1,874,644

1,695,258

TOTAL ASSETS LESS CURRENT LIABILITIES

1,883,206

1,708,349

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,883,205

1,708,348

SHAREHOLDERS' FUNDS

1,883,206

1,708,349

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 directors acknowledge their responsibilities for:

(a)	ensuring that the Company keeps 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 Sections 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

K Gilmartin - Director

1.	STATUTORY INFORMATION

Seapoint Capital Partners Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

Plant and machinery etc

-

20% on cost and 15% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.

EMPLOYEES

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

46,651

DEPRECIATION

At 1 April 2024

33,560

Charge for year

4,529

At 31 March 2025

38,089

NET BOOK VALUE

At 31 March 2025

8,562

At 31 March 2024

13,091

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

297,730

Other debtors

1,924,304

1,400,986

1,924,304

1,698,716

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

740,570

Taxation and social security

53,107

18,636

Other creditors

20,795

237,394

73,902

996,600

7.	RELATED PARTY DISCLOSURES

The Company is a shareholder of SCP Plymouth Limited and K Gilmartin is a director. At the year end the Company owed SCP Plymouth Limited £1,315 (2024: £18,066).

K Gilmartin is a director and shareholder of Salt Hill Investments Ltd. At the year end Salt Hill Investments Ltd owed the Company £402,606 (2024: £401,504).

K Gilmartin is a director and shareholder of Haphouse Trading Ltd. At the year end Haphouse Trading Ltd owed the Company £nil (2024: £88,430).

K Gilmartin is a director and shareholder of IKG Investments Ltd. At the year end IKG Investments Ltd owed the Company £nil (2024: £5,834).

K Gilmartin is a director and shareholder of Chiltern Street Investments Ltd. At the year end Chiltern Street Investments Ltd owed the Company £1,348,832 (2024: £899,154).

At the year end, the Company owed K Gilmartin £nil (2024: £4,603).