Registration number: 05060016

Seaview Sensing Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Seaview Sensing Limited

Company Information

Director	Prof L R Wyatt

Company secretary

Prof L R Wyatt

Registered office

211 Graham Road Sheffield South Yorkshire S10 3GR

Accountants

Coates and Partners Limited Chartered AccountantsThe Old Vicarage 51 St John Street Ashbourne Derbyshire DE6 1GP

Seaview Sensing Limited

(Registration number: 05060016)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	45,118	27,108
Tangible assets	5	1,706	1,336
		46,824	28,444
Current assets
Debtors	6	16,901	2,002
Cash at bank and in hand		27,401	5,049
		44,302	7,051
Creditors: Amounts falling due within one year	7	(47,499)	(18,291)
Net current liabilities		(3,197)	(11,240)
Total assets less current liabilities		43,627	17,204
Creditors: Amounts falling due after more than one year	7	(200,653)	(202,201)
Provisions for liabilities		-	(7,000)
Net liabilities		(157,026)	(191,997)
Capital and reserves
Called up share capital		500	500
Retained earnings		(157,526)	(192,497)
Shareholders' deficit		(157,026)	(191,997)

For the financial year ending 30 September 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; and
•	The director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Seaview Sensing Limited

(Registration number: 05060016)
Balance Sheet as at 30 September 2025 (continued)

Approved and authorised by the director on 23 June 2026
 

......................................... Prof L R Wyatt Company secretary and director

Seaview Sensing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales registration number: 05060016.

The address of its registered office is:
211 Graham Road
Sheffield
South Yorkshire
S10 3GR

These financial statements were authorised for issue by the director on 23 June 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.

The presentation currency is £ sterling.

Going concern

The financial statements have been prepared on a going concern basis.

Seaview Sensing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

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 sales/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.

Foreign currency transactions and balances

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

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
Plant and machinery	15% reducing balance basis
Office equipment	33% straight line basis

Seaview Sensing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

Development costs

Development costs are capitalised and treated as Intangible Assets on the Balance Sheet, as the entity can demonstrate that all of the points in FRS 102 18.8H are met, and those costs are written off on a straight line basis over a period of 10 years.

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:

Asset class	Amortisation method and rate
Development costs	10% straight line basis

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

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 the director) during the year, was 1 (2024 - 1).

Seaview Sensing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4	Intangible assets

	Internally generated software development costs  £	Total £
Cost or valuation
At 1 October 2024	201,039	201,039
Additions internally developed	24,302	24,302
At 30 September 2025	225,341	225,341
Amortisation
At 1 October 2024	173,931	173,931
Amortisation charge	6,292	6,292
At 30 September 2025	180,223	180,223
Carrying amount
At 30 September 2025	45,118	45,118
At 30 September 2024	27,108	27,108

Seaview Sensing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 October 2024	8,028	8,028
Additions	770	770
At 30 September 2025	8,798	8,798
Depreciation
At 1 October 2024	6,692	6,692
Charge for the year	400	400
At 30 September 2025	7,092	7,092
Carrying amount
At 30 September 2025	1,706	1,706
At 30 September 2024	1,336	1,336

6

Debtors

Current	2025 £	2024 £
Trade debtors	12,534	-
Prepayments	586	690
Other debtors	3,781	1,312
	16,901	2,002

Seaview Sensing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	15,800	12,000
Taxation and social security	1,787	-
Accruals and deferred income	19,512	3,291
Other creditors	10,400	3,000
	47,499	18,291