REGISTERED NUMBER: 07280362 (England and Wales)

SEYMOURS ESTATE AGENTS (GODALMING)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

Directors:

N L Lees

S W Palmer

I P Bond

A N Crossley

Registered office:

116-118 High Street

Godalming

Surrey

GU7 1DJ

Registered number:

07280362 (England and Wales)

Accountants:

JPS Accountancy Limited

Chartered Accountants

Thorncroft Manor

Thorncroft Drive

Leatherhead

Surrey

KT22 8JB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

56,414

24,004

56,414

24,004

CURRENT ASSETS

Debtors

6

144,194

183,850

Cash at bank and in hand

1,024,317

791,338

1,168,511

975,188

CREDITORS

Amounts falling due within one year

7

(289,456

)

(290,114

)

NET CURRENT ASSETS

879,055

685,074

TOTAL ASSETS LESS CURRENT LIABILITIES

935,469

709,078

CREDITORS

Amounts falling due after more than one year

8

-

(1,667

)

PROVISIONS FOR LIABILITIES

(3,989

)

(5,360

)

NET ASSETS

931,480

702,051

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

930,480

701,051

931,480

702,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

N L Lees - Director

S W Palmer - Director

I P Bond - Director

1.	STATUTORY INFORMATION

Seymours Estate Agents (Godalming) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention unless otherwise stated below.

Turnover

Turnover represents the fair value of services provided in the ordinary course of the business, excluding Value Added Tax. In the case of property sales, commission receivable is recognised at the date of exchange of properties.

Goodwill

Goodwill represents the excess of the cost of the acquisition of a business over the interest in the net fair value of identifiable assets and liabilities acquired, and is capitalised as an asset on the balance sheet.

The goodwill paid in connection with the acquisition of a business in 2010, has been amortised evenly over its estimated useful life of ten years. This length of time is presumed to be the maximum useful life of purchased goodwill because it is difficult to make projections beyond this period. Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently as and when necessary if circumstances emerge that the carrying value may not be recoverable.

Tangible fixed assets

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

Improvements to property

-

Over the period of the lease

Office equipment

-

20% on cost

Tangible fixed assets are stated at their historic cost price less accumulated depreciation. No depreciation has been provided in respect of the freehold property on the basis that the directors consider that it would be immaterial.

Financial instruments

Financial instruments are classified by directors as basic or non-basic following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective rate method.

Where a financial instrument constitutes a financing transaction, it is initially measured at the present value of the future payments, discounted at a market rate of interest. The difference between the transaction price and the present value of future payments is recognised in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Operating lease commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2025 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 April 2025

and 31 March 2026

500,000

Amortisation

At 1 April 2025

and 31 March 2026

500,000

Net book value

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Office

property

property

equipment

Totals

£

£

£

£

Cost

At 1 April 2025

-

25,498

146,236

171,734

Additions

40,000

-

7,414

47,414

At 31 March 2026

40,000

25,498

153,650

219,148

Depreciation

At 1 April 2025

-

22,024

125,706

147,730

Charge for year

-

3,474

11,530

15,004

At 31 March 2026

-

25,498

137,236

162,734

Net book value

At 31 March 2026

40,000

-

16,414

56,414

At 31 March 2025

-

3,474

20,530

24,004

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

134,800

90,424

Amounts owed by related parties

-

42,000

Other debtors

9,394

9,669

144,194

142,093

Amounts falling due after more than one year:

Amounts owed by related parties

-

41,757

Aggregate amounts

144,194

183,850

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,667

10,000

Trade creditors

21,102

8,239

Taxation and social security

206,578

196,165

Other creditors

60,109

75,710

289,456

290,114

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,667

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

69,093

62,146

Between one and five years

152,391

198,327

221,484

260,473

Included within the above minimum lease payments is £15,000 (2025: £15,000) falling due within one year and £7,500 (2025: £22,500) falling due within 1-5 years in relation to premises from which a related party operates. The lease costs are recharged to the related party at market rate.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Seymours Estate Agents (Godalming) Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Seymours Estate Agents (Godalming) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Seymours Estate Agents (Godalming) Limited and state those matters that we have agreed to state to the Board of Directors of Seymours Estate Agents (Godalming) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seymours Estate Agents (Godalming) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Seymours Estate Agents (Godalming) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Seymours Estate Agents (Godalming) Limited. You consider that Seymours Estate Agents (Godalming) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Seymours Estate Agents (Godalming) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JPS Accountancy Limited

Chartered Accountants

Thorncroft Manor

Thorncroft Drive

Leatherhead

Surrey

KT22 8JB

16 July 2026