IRIS Accounts Production v26.1.10.61 03673958 Board of Directors 1.12.23 30.11.24 30.11.24 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03673958 2023-11-30 03673958 2024-11-30 03673958 2023-12-01 2024-11-30 03673958 2022-11-30 03673958 2022-12-01 2023-11-30 03673958 2023-11-30 03673958 ns15:EnglandWales 2023-12-01 2024-11-30 03673958 ns14:PoundSterling 2023-12-01 2024-11-30 03673958 ns10:Director1 2023-12-01 2024-11-30 03673958 ns10:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 03673958 ns10:SmallEntities 2023-12-01 2024-11-30 03673958 ns10:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 03673958 ns10:SmallCompaniesRegimeForDirectorsReport 2023-12-01 2024-11-30 03673958 ns10:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 03673958 ns10:FullAccounts 2023-12-01 2024-11-30 03673958 ns10:Director3 2023-12-01 2024-11-30 03673958 ns10:RegisteredOffice 2023-12-01 2024-11-30 03673958 ns5:CurrentFinancialInstruments 2024-11-30 03673958 ns5:CurrentFinancialInstruments 2023-11-30 03673958 ns5:ShareCapital 2024-11-30 03673958 ns5:ShareCapital 2023-11-30 03673958 ns5:RetainedEarningsAccumulatedLosses 2024-11-30 03673958 ns5:RetainedEarningsAccumulatedLosses 2023-11-30 03673958 ns5:LandBuildings 2023-11-30 03673958 ns5:LandBuildings 2024-11-30 03673958 ns5:LandBuildings 2023-11-30

REGISTERED NUMBER: 03673958 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 NOVEMBER 2024 |

| FOR |

| SEACALL LIMITED |

| SEACALL LIMITED (REGISTERED NUMBER: 03673958) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| SEACALL LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 NOVEMBER 2024

| DIRECTORS: | Ms L E Pollard-Wilkins

| Ms A C Pollard-Wilkins

| REGISTERED OFFICE: | 16 Seabeach Lane

| Eastbourne

| BN22 7NZ

| REGISTERED NUMBER: | 03673958 (England and Wales)

| ACCOUNTANTS: | Galloways Accounting (Eastbourne) Limited

| 18 Hyde Gardens

| Eastbourne

| East Sussex

| BN21 4PT

| SEACALL LIMITED (REGISTERED NUMBER: 03673958) |

BALANCE SHEET

30 NOVEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 38,935 |  | 38,935 |  |

CURRENT ASSETS

Stocks | - |  | 2,254 |  |

Cash at bank and in hand | 4,121 |  | 5,788 |  |

4,121 |  | 8,042 |  |

CREDITORS

Amounts falling due within one year | 5 | (45,585 | ) | (45,488 | ) |

NET CURRENT LIABILITIES | (41,464 | ) | (37,446 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (2,529 | ) | 1,489 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | (2,531 | ) | 1,487 |  |

(2,529 | ) | 1,489 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

Ms A C Pollard-Wilkins - Director

| SEACALL LIMITED (REGISTERED NUMBER: 03673958) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

1. | STATUTORY INFORMATION

| Seacall 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold land and buildings Not depreciated

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

| At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of over its stocks estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| SEACALL LIMITED (REGISTERED NUMBER: 03673958) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Impairment of non-current assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

| If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

| Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

| Cash and cash equivalents

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with

| banks, other short-term liquid investments with original maturities of three months or less, and bank

| overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| SEACALL LIMITED (REGISTERED NUMBER: 03673958) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including trade debtors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2023 - NIL).

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST

| At 1 December 2023

| and 30 November 2024 | 38,935 |  |

| NET BOOK VALUE

| At 30 November 2024 | 38,935 |  |

| At 30 November 2023 | 38,935 |  |

| SEACALL LIMITED (REGISTERED NUMBER: 03673958) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2024

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other creditors | 45,585 |  | 45,488 |  |

6. | JUDGMENTS AND KEY ESTIMATES

| 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.

7. | EQUITY INSTRUMENTS

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

| Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion

| of the company.