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Registration number: 9997844

S E Capital Limited
Filleted Unaudited Financial Statements
for the Year Ended 31 March 2025

S E Capital Limited

(Registration number: 9997844)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 255 | 339
Tangible assets | 5 | 3,998 | 5,330
Investments in joint property syndicates | 6 | 851,754 | 872,678
|  | 856,007 | 878,347
Current assets |  |  |
Debtors | 7 | 88,591 | 154,119
Cash at bank and in hand |  | 87,301 | 80,655
|  | 175,892 | 234,774
Creditors: Amounts falling due within one year | 8 | (154,927) | (256,931)
Net current assets/(liabilities) |  | 20,965 | (22,157)
Total assets less current liabilities |  | 876,972 | 856,190
Creditors: Amounts falling due after more than one year | 8 | (10,967) | (20,367)
Net assets |  | 866,005 | 835,823
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Profit and loss account |  | 866,003 | 835,821
Total equity |  | 866,005 | 835,823

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 March 2026 and signed on its behalf by:

S E Capital Limited

(Registration number: 9997844)
Balance Sheet as at 31 March 2025

......................................... A Stern Director

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Suite 7
342
Great Cheetham Street East
Salford
Manchester
M7 4UJ
England

These financial statements were authorised for issue by the Board on 24 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investment in Joint Property Syndicates

Investments in syndicates are accounted for under the equity accounting method.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 25% reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
At 1 April 2024 | 1,898 | 1,898
At 31 March 2025 | 1,898 | 1,898
Amortisation
At 1 April 2024 | 1,559 | 1,559
Amortisation charge | 84 | 84
At 31 March 2025 | 1,643 | 1,643
Carrying amount
At 31 March 2025 | 255 | 255
At 31 March 2024 | 339 | 339

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 16,479 | 16,479
At 31 March 2025 | 16,479 | 16,479
Depreciation
At 1 April 2024 | 11,149 | 11,149
Charge for the year | 1,332 | 1,332
At 31 March 2025 | 12,481 | 12,481
Carrying amount
At 31 March 2025 | 3,998 | 3,998
At 31 March 2024 | 5,330 | 5,330

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Investments in joint property syndicates

| £
Capital as at 1 April 2024 | 872,675
Additions | 50,825
Surplus/Deficit | 80,494
Repayments | (152,240)
At 31 March 2025 | 851,754

7 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 88,591 | 154,119
| 88,591 | 154,119

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 70,000 | 130,000
Taxation and social security | 61,132 | -
Accruals and deferred income | 6,200 | 3,200
Other creditors | 17,595 | 123,731
| 154,927 | 256,931

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 10,967 | 20,367

9 | Related party transactions

S E Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 18,000 | -