REGISTERED NUMBER: 04390878 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SEAMAN HERBERT & CO LIMITED

TRADING AS

SEAMAN HERBERT & CO

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Barker

J Smales

SECRETARY:

Mrs E L Smales

REGISTERED OFFICE:

36-40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

REGISTERED NUMBER:

04390878 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,408

21,219

21,408

21,219

CURRENT ASSETS

Stocks

6

269,109

284,699

Debtors

7

1,147,604

529,260

Investments

8

84,060

83,237

Cash at bank and in hand

301,960

680,233

1,802,733

1,577,429

CREDITORS

Amounts falling due within one year

9

360,456

309,728

NET CURRENT ASSETS

1,442,277

1,267,701

TOTAL ASSETS LESS CURRENT LIABILITIES

1,463,685

1,288,920

PROVISIONS FOR LIABILITIES

10

5,352

5,305

NET ASSETS

1,458,333

1,283,615

CAPITAL AND RESERVES

Called up share capital

11

150,000

150,000

Capital redemption reserve

100,000

100,000

Retained earnings

1,208,333

1,033,615

SHAREHOLDERS' FUNDS

1,458,333

1,283,615

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

J Barker - Director

J Smales - Director

1.	STATUTORY INFORMATION

Seaman Herbert & Co Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures,fittings & equipment

-

25% on reducing balance

Stocks

Work in progress represents the full value of chargeable work done at the year end that is subsequently

billable to clients.

Taxation

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

260,300

AMORTISATION

At 1 April 2024

and 31 March 2025

260,300

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures,fittings

& equipment

£

COST

At 1 April 2024

177,753

Additions

7,324

At 31 March 2025

185,077

DEPRECIATION

At 1 April 2024

156,534

Charge for year

7,135

At 31 March 2025

163,669

NET BOOK VALUE

At 31 March 2025

21,408

At 31 March 2024

21,219

6.

STOCKS

2025

2024

£

£

Work-in-progress

269,109

284,699

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

442,791

497,164

Other debtors

704,813

32,096

1,147,604

529,260

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

84,060

83,237

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,551

8,781

Taxation and social security

303,921

277,817

Other creditors

49,984

23,130

360,456

309,728

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

5,352

5,305

Deferred

tax

£

Balance at 1 April 2024

5,305

Movement in the year

47

Balance at 31 March 2025

5,352

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

114,000

Ordinary "A"

£1

114,000

113,599

(2024 - 113,599 )

NIL

Ordinary "C"

£1

-

1

(2024 - 1 )

36,000

Ordinary "D"

£1

36,000

36,000

NIL

Ordinary E

£1

-

100

NIL

Ordinary F

£1

-

100

NIL

Ordinary G

£1

-

100

NIL

Ordinary H

£1

-

100

150,000

150,000

On 8th February 2025, 1 Ordinary C share, 100 Ordinary E shares, 100 Ordinary F shares, 100 Ordinary G shares and 100 Ordinary H shares were reclassified as Ordinary A shares.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J Barker

Balance outstanding at start of year

-

-

Amounts advanced

17,531

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,531

-

13.	RELATED PARTY DISCLOSURES

During the year the company paid £20000 (2024:£20000) to property partnerships which included directors and their spouses,in respect of rent of business premise.Payments were made on normal commercial terms.