REGISTERED NUMBER: 09833003 (England and Wales)

S. E. A. RAIL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr K D Perkes

REGISTERED OFFICE:

Unit 2 Bridge Road Business Center

Bridge Road

Ashford

TN23 1BB

REGISTERED NUMBER:

09833003 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

198,024

191,824

CURRENT ASSETS

Stocks

5

14,265

65,200

Debtors

6

285,758

133,991

Cash at bank

101,407

129,392

401,430

328,583

CREDITORS

Amounts falling due within one year

7

(125,795

)

(102,087

)

NET CURRENT ASSETS

275,635

226,496

TOTAL ASSETS LESS CURRENT LIABILITIES

473,659

418,320

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

473,658

418,319

SHAREHOLDERS' FUNDS

473,659

418,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 July 2026 and were signed by:

Mr K D Perkes - Director

1.	STATUTORY INFORMATION

S. E. A. Rail 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.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Motor

Computer

machinery

Fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

127,971

15,612

310,750

8,507

462,840

Additions

29,850

-

42,990

-

72,840

At 31 October 2025

157,821

15,612

353,740

8,507

535,680

DEPRECIATION

At 1 November 2024

90,587

11,956

161,858

6,615

271,016

Charge for year

16,809

914

47,971

946

66,640

At 31 October 2025

107,396

12,870

209,829

7,561

337,656

NET BOOK VALUE

At 31 October 2025

50,425

2,742

143,911

946

198,024

At 31 October 2024

37,384

3,656

148,892

1,892

191,824

5.

STOCKS

2025

2024

£

£

Work-in-progress

14,265

65,200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

277,318

127,491

Sundry debtors

6,940

5,000

Prepayments

1,500

1,500

285,758

133,991

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,288

4,539

Corporation Tax

14,493

-

Social security and other taxes

20,554

13,891

VAT

83,780

81,226

Directors' current accounts

-

781

Accrued expenses

1,680

1,650

125,795

102,087

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

1

1

1

9.

RESERVES

Retained

earnings

£

At 1 November 2024

418,319

Profit for the year

55,339

At 31 October 2025

473,658