The Seeds of Change UK Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06454512 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

The Seeds of Change UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs R J Frossell

Mrs K M White

SECRETARY:

Mrs R J Frossell

REGISTERED OFFICE:

Unit 3, Mobbs Miller House

Christchurch Road

Northampton

Northamptonshire

NN1 5LL

REGISTERED NUMBER:

06454512 (England and Wales)

ACCOUNTANTS:

Harris & Clarke (Northampton) Ltd

Unit 3, Mobbs Miller House

Christchurch Road

Northampton

Northamptonshire

NN1 5LL

FIXED ASSETS

Tangible assets

4

8,078

9,536

CURRENT ASSETS

Debtors

5

15,959

23,914

Cash at bank and in hand

90,997

149,572

106,956

173,486

CREDITORS

Amounts falling due within one year

6

61,476

104,233

NET CURRENT ASSETS

45,480

69,253

TOTAL ASSETS LESS CURRENT LIABILITIES

53,558

78,789

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

53,458

78,689

53,558

78,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 May 2019 and were signed on its behalf by:

Mrs R J Frossell - Director

Mrs K M White - Director

1.	STATUTORY INFORMATION

The Seeds of Change UK 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts invoiced for services provided in the year, exclusive of value added tax, after

having adjusted for contracts for ongoing services. In respect of ongoing services, turnover represents the value

of work done in the year, including estimates of amounts not invoiced, by reference to the stage of completion.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Hire purchase and leasing 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 18 (2017 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 January 2018

19,184

Additions

3,582

Disposals

(2,603

)

At 31 December 2018

20,163

Depreciation

At 1 January 2018

9,648

Charge for year

5,040

Eliminated on disposal

(2,603

)

At 31 December 2018

12,085

Net book value

At 31 December 2018

8,078

At 31 December 2017

9,536

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

14,338

21,783

Other debtors

1,621

2,131

15,959

23,914

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

3,455

53

Taxation and social security

53,428

63,231

Other creditors

4,593

40,949

61,476

104,233