Company Registration No. 11877014 (England and Wales)
Sellier Ltd
Unaudited accounts
for the year ended 31 March 2025
Sellier Ltd
Unaudited accounts
Contents
Sellier Ltd
Company Information
for the year ended 31 March 2025
Directors
D Ibrahimova
H Toni
Company Number
11877014 (England and Wales)
Registered Office
6 Cheval Place
London
SW7 1ES
Sellier Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
82,186
88,705
Tangible assets
65,078
80,751
Cash at bank and in hand
1,009,037
748,451
Creditors: amounts falling due within one year
(1,201,277)
(1,274,173)
Net current assets/(liabilities)
371,262
(166,631)
Called up share capital
3
3
Profit and loss account
518,523
2,822
Shareholders' funds
518,526
2,825
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 directors acknowledge their 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 of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by
H Toni
Director
Company Registration No. 11877014
Sellier Ltd
Notes to the Accounts
for the year ended 31 March 2025
Sellier Ltd is a private company, limited by shares, registered in England and Wales, registration number 11877014. The registered office is 6 Cheval Place, London, SW7 1ES.
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:
Motor vehicles
15% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Sellier Ltd
Notes to the Accounts
for the year ended 31 March 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2024
10,000
101,196
111,196
Disposals
-
(7,000)
(7,000)
At 31 March 2025
10,000
114,916
124,916
At 1 April 2024
10,000
12,491
22,491
Charge for the year
-
20,239
20,239
At 31 March 2025
10,000
32,730
42,730
At 31 March 2025
-
82,186
82,186
At 31 March 2024
-
88,705
88,705
Cryptoassets have been accounted for as intangible assets at cost in accordance with FRS 102. Proceeds received from disposals during the year have been analysed between cost and realised gains, with gains recognised in profit and loss and remaining holdings carried at cost less impairment.
Sellier Ltd
Notes to the Accounts
for the year ended 31 March 2025
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
89,274
49,770
26,188
165,232
Additions
-
3,434
2,165
5,599
At 31 March 2025
89,274
53,204
28,353
170,831
At 1 April 2024
21,203
46,073
17,205
84,481
Charge for the year
13,391
1,510
6,371
21,272
At 31 March 2025
34,594
47,583
23,576
105,753
At 31 March 2025
54,680
5,621
4,777
65,078
At 31 March 2024
68,071
3,697
8,983
80,751
Amounts falling due within one year
Accrued income and prepayments
22,193
34,509
Other debtors
108,371
284,582
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
36,072
31,604
Taxes and social security
348,300
272,801
Other creditors
434,886
681,336
Loans from directors
121,003
173,062
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Transactions with related parties
Included in other creditors is the sum of £121,003 (2024: £173,062) owed to the directors.
10
Average number of employees
During the year the average number of employees was 19 (2024: 13).