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Company Registration No. 03613071 (England and Wales)
Seenin Ltd Unaudited accounts for the year ended 28 February 2026
Seenin Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Seenin Ltd Company Information for the year ended 28 February 2026
Director
Lucy Carr-Seaman
Secretary
Peter Carr-Seaman
Company Number
03613071 (England and Wales)
Registered Office
Stable House Aydon Corbridge Northumberland NE45 5PL England
Accountants
Acorn Accountancy 6 Burn Lane Hexham Northumberland NE46 3HN
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Seenin Ltd Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
167
1,110
Current assets
Inventories
89,786
81,010
Debtors
5
3,953
10,694
Cash at bank and in hand
47,503
42,337
141,242
134,041
Creditors: amounts falling due within one year
6
(104,588)
(106,576)
Net current assets
36,654
27,465
Net assets
36,821
28,575
Capital and reserves
Called up share capital
2
2
Profit and loss account
36,819
28,573
Shareholders' funds
36,821
28,575
For the year ending 28 February 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 June 2026 and were signed on its behalf by
Lucy Carr-Seaman Director Company Registration No. 03613071
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Seenin Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Seenin Ltd is a private company, limited by shares, registered in England and Wales, registration number 03613071. The registered office is Stable House, Aydon, Corbridge, Northumberland, NE45 5PL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight line
Plant & machinery
25% Straight line
Stock
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Seenin Ltd Notes to the Accounts for the year ended 28 February 2026
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2025
4,145
9,474
13,619
At 28 February 2026
4,145
9,474
13,619
Depreciation
At 1 March 2025
4,145
8,364
12,509
Charge for the year
-
943
943
At 28 February 2026
4,145
9,307
13,452
Net book value
At 28 February 2026
-
167
167
At 28 February 2025
-
1,110
1,110
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
3,953
5,694
Other debtors
-
5,000
3,953
10,694
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
11
-
Trade creditors
4,246
11,019
Taxes and social security
3,056
(372)
Other creditors
94,985
95,929
Accruals
2,290
-
104,588
106,576
7
Average number of employees
During the year the average number of employees was 3 (2025: 3).
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