Company No: SC204797 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	0		349
Tangible assets	4	1,016		1,125
		1,016		1,474
Current assets
Debtors	5	67,342		1,994
Cash at bank and in hand		87,266		170,299
		154,608		172,293
Creditors: amounts falling due within one year	6	( 61,352)		( 54,279)
Net current assets		93,256		118,014
Total assets less current liabilities		94,272		119,488
Provision for liabilities	7	( 254)		( 281)
Net assets		94,018		119,207
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		93,918		119,107
Total shareholder's funds		94,018		119,207

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Seniority.co.uk Limited (registered number: SC204797) were approved and authorised for issue by the Director on 03 September 2026. They were signed on its behalf by:

Michael John Cheney Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Seniority.co.uk Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Bishops Court, 29 Albyn Place, Aberdeen, AB10 1YL, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of consideration received or receivable in the ordinary course of business, and is shown net of VAT and other sales related taxes. Revenue from consultancy, marketing and training services is recognised when the related performance obligations have been satisfied and the customer has obtained the benefit of the services provided.

Revenue from the sale of books and audiobooks is recognised at the point ownership and control of the product passes to the customer, being the point the transaction is completed.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs

3 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand with original maturities of three months or less.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities
Basic financial liabilities, including creditors are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 April 2025	10,237		10,237
At 31 March 2026	10,237		10,237
Accumulated amortisation
At 01 April 2025	9,888		9,888
Charge for the financial year	349		349
At 31 March 2026	10,237		10,237
Net book value
At 31 March 2026	0		0
At 31 March 2025	349		349

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2025	9,021		9,021
Additions	695		695
Disposals	( 2,933)		( 2,933)
At 31 March 2026	6,783		6,783
Accumulated depreciation
At 01 April 2025	7,896		7,896
Charge for the financial year	804		804
Disposals	( 2,933)		( 2,933)
At 31 March 2026	5,767		5,767
Net book value
At 31 March 2026	1,016		1,016
At 31 March 2025	1,125		1,125

5. Debtors

	2026		2025
	£		£
Other debtors	67,342		1,994

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	17,135		3,654
Corporation tax	31,681		37,193
Other taxation and social security	2,630		2,729
Other creditors	9,906		10,703
	61,352		54,279

7. Provision for liabilities

	2026		2025
	£		£
Deferred tax	254		281

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with the entity's director

	2026		2025
	£		£
Amounts owed to director	6,207		7,005

The above loan is interest free and has no fixed terms of repayment in place.