Company registration number 07623237 (England and Wales)
SEAN RICKARD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
SEAN RICKARD LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
SEAN RICKARD LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
15,904
15,842
Current assets
Cash at bank and in hand
26,996
10,867
Creditors: amounts falling due within one year
5
(20,968)
(14,809)
Net current assets/(liabilities)
6,028
(3,942)
Total assets less current liabilities
21,932
11,900
Provisions for liabilities
(2,725)
(2,435)
Net assets
19,207
9,465
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
19,107
9,365
Total equity
19,207
9,465

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 May 2026 and are signed on its behalf by:
Mr S Rickard
Director
Company registration number 07623237 (England and Wales)
SEAN RICKARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Sean Rickard Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Copperhouse Court, Caldecotte Business Park, Milton Keynes, Buckinghamshire, United Kingdom, MK7 8NL.

1.1
Basis of preparation

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

1.2
Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes. The following criteria must also be met before revenue is recognised

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

SEAN RICKARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both straight line and reducing balance bases.

Depreciation is provided on the following basis:

Fixtures and fittings
25% Straight line
Computers
25% Straight line
Motor vehicles
15% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in Statement of Income & Retained Earnings.

1.4
Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.5
Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Current tax

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 income.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

1.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

SEAN RICKARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025
38,904
Additions
6,647
At 31 March 2026
45,551
Depreciation and impairment
At 1 April 2025
23,062
Depreciation charged in the year
6,585
At 31 March 2026
29,647
Carrying amount
At 31 March 2026
15,904
At 31 March 2025
15,842
SEAN RICKARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
5
Creditors: amounts falling due within one year
2026
2025
£
£
Corporation tax
536
-
0
Other creditors
16,462
10,281
Accruals and deferred income
3,970
4,528
20,968
14,809
2026-03-31 2025-04-01 false false false 22 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs D Rickard Mr S Rickard 07623237 2025-04-01 2026-03-31 07623237 2026-03-31 07623237 2025-03-31 07623237 core:OtherPropertyPlantEquipment 2026-03-31 07623237 core:OtherPropertyPlantEquipment 2025-03-31 07623237 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 07623237 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07623237 core:ShareCapital 2026-03-31 07623237 core:ShareCapital 2025-03-31 07623237 core:RetainedEarningsAccumulatedLosses 2026-03-31 07623237 core:RetainedEarningsAccumulatedLosses 2025-03-31 07623237 bus:Director2 2025-04-01 2026-03-31 07623237 core:FurnitureFittings 2025-04-01 2026-03-31 07623237 core:ComputerEquipment 2025-04-01 2026-03-31 07623237 core:MotorVehicles 2025-04-01 2026-03-31 07623237 2024-04-01 2025-03-31 07623237 core:OtherPropertyPlantEquipment 2025-03-31 07623237 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 07623237 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07623237 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 07623237 bus:FRS102 2025-04-01 2026-03-31 07623237 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 07623237 bus:Director1 2025-04-01 2026-03-31 07623237 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP