REGISTERED NUMBER: 15940265 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SEAGO & STOPPS PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Seago FCCA

A S Stopps FCCA ATT

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

15940265 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

222,851

Investment property

4

250,000

CURRENT ASSETS

1,323

Cash at bank and in hand

3,149

CREDITORS

7,427

Amounts falling due within one year

5

8,811

(6,104

)

NET CURRENT LIABILITIES

(5,662

)

216,747

TOTAL ASSETS LESS CURRENT LIABILITIES

244,338

CREDITORS

(213,591

)

Amounts falling due after more than one year

6

(206,538

)

-

PROVISIONS FOR LIABILITIES

(5,158

)

3,156

NET ASSETS

32,642

CAPITAL AND RESERVES

100

Called up share capital

100

-

Fair value reserve

7

21,991

3,056

Retained earnings

10,551

3,156

32,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 22 April 2026 and were signed on its behalf by:

A S Stopps FCCA ATT - Director

1.	STATUTORY INFORMATION

Seago & Stopps Property 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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Financial instruments

The company enters into basic financial transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

222,851

Revaluations

27,149

At 31 March 2026

250,000

NET BOOK VALUE

At 31 March 2026

250,000

At 31 March 2025

222,851

Investment property was valued by the directors, on an open market basis, on 31st March 2026 at an amount of £250,000.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

27,149

Cost

222,851

250,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

1,758

717

Other creditors

7,053

6,710

8,811

7,427

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Other creditors

206,538

213,591

7.

RESERVES

Included within reserves is a fair value reserve, which has been created through the process of revaluing the investment property held to its market value each year. The reserve is also adjusted annually for any movements in deferred tax.

In accordance with FRS102, the fair value reserve is a 'non-distributable' reserve and is separately disclosed in the balance sheet within capital and reserves.