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SEASONAL BEDS LTD - Company Information

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Seasonal Beds Ltd

Registered Number:08389433

For the year ended 28 February 2021

England and Wales

Unaudited Financial Statements

For the year ended 28 February 2021

Seasonal Beds Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

08389433

As at 28 February 2021

Seasonal Beds Ltd

Statement of Financial Position

2020

2021

Notes

Fixed assets

Property, plant and equipment

33,884

29,267

33,884

29,267

Current assets

Trade and other receivables

40,962

134,779

103,794

Cash and cash equivalents

183,178

317,957

144,756

Trade and other payables: amounts falling due within one year

(157,590)

(288,146)

(12,834)

29,811

Net current assets

Total assets less current liabilities

63,695

16,433

Trade and other payables: amounts falling due after more than one year

(50,000)

13,695

Net assets

16,433

Capital and reserves

Called up share capital

Retained earnings

13,694

16,432

13,695

16,433

Shareholders' funds

For the year ended 28 February 2021 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 of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Richard Allan Wilford Director

These financial statements were approved and authorised for issue by the Board on 30 November 2021 and were signed by:

The notes form part of these financial statements

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For the year ended 28 February 2021

Seasonal Beds Ltd

Notes to the Financial Statements

Statutory Information

Seasonal Beds Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 08389433.

Registered address:

55 Grange Road

Saltford

Bristol

BS31 3AQ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The

Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have

been prepared under the historical costs convention as modified by the revaluation of certain assets.

2. Property, plant and equipment

Total

Office Equipment

Fixtures and

Fittings

Motor Vehicles

Plant and

Machinery

Cost or valuation

At 01 March 2020

64,499

10,610

5,357

15,674

32,858

12,200

Additions

At 28 February 2021

27,874

5,357

10,610

76,699

32,858

Provision for depreciation and impairment

At 01 March 2020

35,232

9,547

2,344

6,857

16,484

Charge for year

7,583

531

753

2,205

4,094

At 28 February 2021

42,815

10,078

3,097

9,062

20,578

At 28 February 2021

Net book value

12,280

18,812

2,260

532

33,884

At 29 February 2020

16,374

8,817

3,013

1,063

29,267

3. Trade and other receivables

2020

2021

Trade debtors

116,695

Other debtors

18,084

40,962

134,779

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For the year ended 28 February 2021

Seasonal Beds Ltd

Notes to the Financial Statements Continued

4. Trade and other payables: amounts falling due within one year

2020

2021

Trade creditors

144,675

14,689

Taxation and social security

19,072

Other creditors

124,399

142,901

288,146

157,590

5. Trade and other payables: amounts falling due after more than one year

2020

2021

Bank loans and overdraft (secured)

50,000

6. Average number of persons employed

During the year the average number of employees was 2 (2020 : 2)

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