| Seactive Limited |
| Registered number: |
06290634 |
| Abbreviated Balance Sheet |
| as at 30 June 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
418,669 |
|
|
418,669 |
| Tangible assets |
3 |
|
|
2,246 |
|
|
2,798 |
|
|
|
|
420,915 |
|
|
421,467 |
|
| Current assets |
| Debtors |
|
|
(48,826) |
|
|
(104,256) |
| Cash at bank and in hand |
|
|
1,273 |
|
|
735 |
|
|
|
(47,553) |
|
|
(103,521) |
|
| Creditors: amounts falling due within one year |
|
|
(352,937) |
|
|
(62,143) |
|
| Net current liabilities |
|
|
|
(400,490) |
|
|
(165,664) |
|
| Total assets less current liabilities |
|
|
|
20,425 |
|
|
255,803 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(500) |
|
|
- |
|
|
|
| Net assets |
|
|
|
19,925 |
|
|
255,803 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
3 |
|
|
3 |
| Revaluation reserve |
|
|
|
400,000 |
|
|
400,000 |
| Profit and loss account |
|
|
|
(380,078) |
|
|
(144,200) |
|
| Shareholders' funds |
|
|
|
19,925 |
|
|
255,803 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C G Hodge |
| Director |
| Approved by the board on 28 March 2017 |
|
| Seactive Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2015 |
418,669 |
|
At 30 June 2016 |
418,669 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 30 June 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2016 |
418,669 |
|
At 30 June 2015 |
418,669 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2015 |
7,883 |
|
At 30 June 2016 |
7,883 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2015 |
5,085 |
|
Charge for the year |
552 |
|
At 30 June 2016 |
5,637 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2016 |
2,246 |
|
At 30 June 2015 |
2,798 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
3 |
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
