Sewart Limited - Accounts

Sewart Limited
Contents Page
For the year ended 31 August 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

Sewart Limited
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	32,777	38,683
		32,777	38,683
Current assets
Debtors		30,000	0
Cash at bank and in hand		343,766	254,488
		373,766	254,488
Creditors: amount falling due within one year		(20,622)	(1,617)
Net current assets		353,144	252,871

Total assets less current liabilities		385,921	291,554
Net assets		385,921	291,554

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		385,920	291,553
Shareholders' funds		385,921	291,554

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 29 May 2026 and were signed by:

-------------------------------
Timothy Sewart
Director

1

Sewart Limited
Notes to the Abridged Financial Statements
For the year ended 31 August 2025

General Information

Sewart Limited is a private company, limited by shares, registered in England and Wales, registration number 08168238, registration address 14 Ramside Park, Durham, Co. Durham, DH1 1NS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	10% Straight Line
Computer Equipment	20% Straight Line
Improvements to property	0% Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Improvements to property	Total
	£	£	£	£
At 01 September 2024	3,444	35,615	16,778	55,837
Additions	300	1,615	-	1,915
Disposals	-	-	-	-
At 31 August 2025	3,744	37,230	16,778	57,752
Depreciation
At 01 September 2024	670	16,484	-	17,154
Charge for year	374	7,447	-	7,821
On disposals	-	-	-	-
At 31 August 2025	1,044	23,931	-	24,975
Net book values
Closing balance as at 31 August 2025	2,700	13,299	16,778	32,777
Opening balance as at 01 September 2024	2,774	19,131	16,778	38,683

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Ordinary share of £1.00 each	1		1
	1		1

2

Registered Number: 08168238
England and Wales
SEWART LIMITED

Abridged Accounts

Period of accounts Start date: 01 September 2024 End date: 31 August 2025