Seax Trading Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10556206

Seax Trading Limited

Filleted Financial Statements

31 March 2026

Seax Trading Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Seax Trading Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Investments	5		1		1

Current assets

Debtors	6	69,426	29,942
Cash at bank and in hand		44,245	35,957
		---------	--------
		113,671	65,899

Creditors: amounts falling due within one year	7	98,936		60,011
		---------		--------
Net current assets			14,735		5,888
			--------		-------
Total assets less current liabilities			14,736		5,889
			--------		-------
Net assets			14,736		5,889
			--------		-------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		14,636	5,789
		--------	-------
Shareholders funds		14,736	5,889
		--------	-------

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.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 6 October 2026 , and are signed on behalf of the board by:

D S Tooke
Director

Company registration number: 10556206

Seax Trading Limited

Notes to the Financial Statements

Year ended 31 March 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 County Hall, Market Road, Chelmsford, Essex, CM1 1QH.

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.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the parent undertaking. The support will remain necessary for the foreseeable future. If that support were not available, there would exist a material uncertainty which would cast doubt about the company's ability to continue as a going concern. The financial statements do not include adjustments that would result if the company were unable to continue as a going concern.

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 and of Value Added Tax.

Income tax

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.

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Average number of employees

During the year, the company employed an average of 1 employee (2025: 1), which consisted of the director only.

5. Investments

	Other investments other than loans
	£
Cost
At 1 April 2025 and 31 March 2026	1
	----
Impairment
At 1 April 2025 and 31 March 2026	–
	----

Carrying amount
At 31 March 2026	1
	----
At 31 March 2025	1
	----

6. Debtors

	2026	2025
	£	£
Trade debtors	64,921	27,984
Prepayments and accrued income	4,405	1,858
Other debtors	100	100
	--------	--------
	69,426	29,942
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Amounts owed to group undertakings	91,719	57,684
Accruals and deferred income	4,265	2,100
Corporation tax	2,169	167
Social security and other taxes	783	60
	--------	--------
	98,936	60,011
	--------	--------

8. Called up share capital

The company has unpaid share capital of £100 (100 issued ordinary shares of £1 each) in the current period.

9. Summary audit opinion

The auditor's report dated 7 October 2026 was unqualified .

The senior statutory auditor was S C Drain , for and on behalf of Edmund Carr LLP .

10. Related party transactions

The company is a wholly owned subsidiary of Essex County Council and has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with Essex County Council. The company is a member in Essex Housing Development LLP. The balance shown under investments represents the amount invested in the partnership and is shown under members' capital.