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Registered number: 03233936
Seyward Window Co. Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03233936
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 642,240 632,700
642,240 632,700
CURRENT ASSETS
Stocks 5 19,274 15,050
Debtors 6 83,714 87,927
Cash at bank and in hand 212,807 451,340
315,795 554,317
Creditors: Amounts Falling Due Within One Year 7 (193,436 ) (210,721 )
NET CURRENT ASSETS (LIABILITIES) 122,359 343,596
TOTAL ASSETS LESS CURRENT LIABILITIES 764,599 976,296
Creditors: Amounts Falling Due After More Than One Year 8 (178,545 ) (202,852 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (30,648 ) (27,251 )
NET ASSETS 555,406 746,193
CAPITAL AND RESERVES
Called up share capital 10 120 120
Fair value reserve 12 37,500 37,500
Profit and Loss Account 517,786 708,573
SHAREHOLDERS' FUNDS 555,406 746,193
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James St Quintin
Director
13 July 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Seyward Window Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03233936 . The registered office is Seyward Window Company Limited, 137 Wareham Road, Corfe Mullen, Wimborne, Dorset, BH21 3LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Leasehold 10% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2025: 12)
11 12
4. Tangible Assets
Land & Property
Freehold Investment Properties Plant & Machinery Motor Vehicles
£ £ £ £
Cost or Valuation
As at 1 April 2025 203,849 400,000 39,309 119,839
Additions - - - 29,495
Disposals - - - (29,294 )
As at 31 March 2026 203,849 400,000 39,309 120,040
Depreciation
As at 1 April 2025 30,155 - 36,892 74,579
Provided during the period 4,047 - 362 11,877
Disposals - - - (27,324 )
As at 31 March 2026 34,202 - 37,254 59,132
Net Book Value
As at 31 March 2026 169,647 400,000 2,055 60,908
As at 1 April 2025 173,694 400,000 2,417 45,260
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Fixtures & Fittings Total
£ £
Cost or Valuation
As at 1 April 2025 31,413 794,410
Additions - 29,495
Disposals - (29,294 )
As at 31 March 2026 31,413 794,611
Depreciation
As at 1 April 2025 20,084 161,710
Provided during the period 1,699 17,985
Disposals - (27,324 )
As at 31 March 2026 21,783 152,371
Net Book Value
As at 31 March 2026 9,630 642,240
As at 1 April 2025 11,329 632,700
The investment property has been revalued at the market value by the directors on 31 March 2026. The historical cost of the investment property is £350,000 (2025 - £350,000).
5. Stocks
2026 2025
£ £
Finished goods 19,274 15,050
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 64,050 48,984
Prepayments and accrued income 19,664 38,943
83,714 87,927
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 77,822 79,751
Bank loans and overdrafts 24,208 24,083
Other taxes and social security 82,282 98,027
Other creditors 2,960 3,086
Accruals and deferred income 2,300 2,150
Amounts owed to group undertakings 3,864 3,624
193,436 210,721
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8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 178,545 202,852
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2026 2025
£ £
Bank loans 81,764 106,519
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against the freehold property.
2026 2025
£ £
Bank loans and overdrafts 202,753 226,935
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 120 120
11. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £855 (2025 - £981) were due to the fund. The amounts are included in other creditors.
12. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 April 2025 37,500 708,573
Profit for the year and total comprehensive income - 174,213
Dividends paid - (365,000)
As at 31 March 2026 37,500 517,786
13. Ultimate Controlling Party
The ultimate parent company is Corfe Conversions Limited by virtue of it's ownership of 100% of the issued share capital in the company. It's registered office is 137 Wareham Road, Corfe Mullen, Wimborne, BH21 3LA.
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