Sean Molloy Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 7539432

Sean Molloy Limited

Filleted Unaudited Financial Statements

28 February 2026

Sean Molloy Limited

Statement of Financial Position

28 February 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	81,799	102,979
Investments	6	450,990	201,105
		---------	---------
		532,789	304,084

Current assets

Debtors	7	176,906	348,809
Cash at bank and in hand		24,704	193,900
		---------	---------
		201,610	542,709

Creditors: amounts falling due within one year	8	19,494	41,228
		---------	---------
Net current assets		182,116	501,481
		---------	---------
Total assets less current liabilities		714,905	805,565
		---------	---------
Net assets		714,905	805,565
		---------	---------

Capital and reserves

Called up share capital	61	61
Profit and loss account	714,844	805,504
	---------	---------
Shareholders funds	714,905	805,565
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Sean Molloy Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 21 August 2026 , and are signed on behalf of the board by:

Dr S Molloy
Director

Company registration number: 7539432

Sean Molloy Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Leaman Mattei, Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% reducing balance
Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accounting policy).

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 March 2025 and 28 February 2026	125,000	3,594	128,594
	---------	-------	---------
Depreciation
At 1 March 2025	22,917	2,698	25,615
Charge for the year	20,417	763	21,180
	---------	-------	---------
At 28 February 2026	43,334	3,461	46,795
	---------	-------	---------
Carrying amount
At 28 February 2026	81,666	133	81,799
	---------	-------	---------
At 28 February 2025	102,083	896	102,979
	---------	-------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 March 2025	201,105
Additions	249,885
	---------
At 28 February 2026	450,990
	---------
Impairment
At 1 March 2025 and 28 February 2026	–
	---------

Carrying amount
At 28 February 2026	450,990
	---------
At 28 February 2025	201,105
	---------

7. Debtors

	2026	2025
	£	£
Other debtors	176,906	348,809
	---------	---------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	–	18,307
Social security and other taxes	7,132	4,065
Other creditors	12,362	18,856
	--------	--------
	19,494	41,228
	--------	--------

9. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Dr S Molloy	78,493	309,912	( 280,000)	108,405
	--------	---------	---------	---------

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Dr S Molloy	–	78,493	–	78,493
	----	--------	----	--------

10. Related party transactions

SM Spine Developments Limited and First Class Spine Limited are related parties of Sean Molloy Limited due to both companies being under the control of the director. During the year Sean Molloy Limited provided loans of £2,670 (2025: £2,430) to SM Spine Developments Limited. The amount outstanding by SM Spine Developments Limited at 28 February 2026 is £14,930 (2025: £12,260). The loan is interest free and repayable on demand. The amount outstanding by First Class Spine Limited at 28 February 2026 is £45,690 (2025: £45,690).