REGISTERED NUMBER: 04740371 (England and Wales)

Seaford Health Store Limited

Unaudited Financial Statements for the Year Ended 30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S L Pollard

Mr D M Pollard

SECRETARY:

Mrs S L Pollard

REGISTERED OFFICE:

26 Church Street

Seaford

East Sussex

BN25 1LD

REGISTERED NUMBER:

04740371 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Wilson House

48 Brooklyn Road

Seaford

East Sussex

BN25 2DX

FIXED ASSETS

Intangible assets

4

2,973

3,964

Tangible assets

5

5,510

7,516

8,483

11,480

CURRENT ASSETS

Stocks

95,188

92,651

Debtors

6

815

8,309

Cash at bank and in hand

128,704

164,071

224,707

265,031

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

192,153

196,472

NET CURRENT ASSETS

32,554

68,559

TOTAL ASSETS LESS CURRENT LIABILITIES

41,037

80,039

PROVISIONS FOR LIABILITIES

1,378

1,879

NET ASSETS

39,659

78,160

CAPITAL AND RESERVES

Called up share capital

8

120

120

Retained earnings

39,539

78,040

SHAREHOLDERS' FUNDS

39,659

78,160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2026 and were signed on its behalf by:

Mr D M Pollard - Director

1.	STATUTORY INFORMATION

Seaford Health Store 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.

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.

Turnover

The company's turnover represents the value, excluding Value Added Tax, of goods and services supplied to customers during the year.

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.

Website costs are being amortised evenly over their estimated useful life of five years.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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

-

25% on reducing balance and 20% on cost

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks have been valued at the lower of cost and net realisable value.

Taxation

Taxation for the year 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 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.

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.

Pension costs and other post-retirement benefits

The company contributes to employees' defined contribution pension schemes. Contributions payable to the pension schemes 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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

Website

Totals

£

£

£

COST

At 1 May 2024

and 30 April 2025

200,000

4,955

204,955

AMORTISATION

At 1 May 2024

200,000

991

200,991

Amortisation for year

-

991

991

At 30 April 2025

200,000

1,982

201,982

NET BOOK VALUE

At 30 April 2025

-

2,973

2,973

At 30 April 2024

-

3,964

3,964

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 May 2024

30,894

25,727

56,621

Additions

1,358

-

1,358

Disposals

(549

)

-

(549

)

At 30 April 2025

31,703

25,727

57,430

DEPRECIATION

At 1 May 2024

23,908

25,197

49,105

Charge for year

3,190

133

3,323

Eliminated on disposal

(508

)

-

(508

)

At 30 April 2025

26,590

25,330

51,920

NET BOOK VALUE

At 30 April 2025

5,113

397

5,510

At 30 April 2024

6,986

530

7,516

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

5,036

Other debtors

815

3,273

815

8,309

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

85,859

107,678

Taxation and social security

60,462

60,416

Other creditors

45,832

28,378

192,153

196,472

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary A

£1

100

100

20

Ordinary B

£1

20

20

120

120

Ordinary A and Ordinary B shares rank pari passu in all respects.

9.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had outstanding operating lease commitments totalling £30,333 (2024 - £44,333)

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £172,000 were paid to the directors .

At the balance sheet date the company owed the directors £29,251 (2024 - £9,844). This loan is interest free, unsecured and repayable on demand.