Company Registration No. N1629789 (Northern Ireland) SEACHT LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 SEACHT LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 CONTENTS PAGE Company information Directors, report Accountants, report Income statement Statement of financial posilion Detailed incorne slalement SEACHT LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2023 Directors Colm Laighneach Martin Rafferty Gear6id O Machail Company Number N1629789 (Northem Ireland) Registered Office 74-76 Upper English Street. Armagh Armagh BT617LG Accountants O'connor & Co Unil 1 49 Keady Road Armagh BT60 3NW SEACHT LIMITED DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The directors present their report and accounts for the year ended 31 March 2023. Directors The following directors held office during the whole of the period- Colm Laighneach Martin Raffety Gearoid O Machail Statement of directors. responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law. the directors have elected lo prepare the accounts in accordance with United Kingdom Generally Accepled Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Under company law the directors musl not approve Ihe accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profil or loss of the company for that period. In preparing these accounts. the directors are required to: select suitable accounting policies and then apply them consislenlly.. make judgements and estimates that are reasonable and prudent.. prepare the accounts on the going concem basis unless il is inappropriale lo presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to Show and explain the company's transactions and disclose with reasonable accuracy at any lirne the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps lor the prevention and detection of fraud and other irregulanties. Small company provisions This report ha5 been prepared in accordance with the special provisions relating lo small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors Gearoid O Machail Director Approved by the board on.. 21 December 2023 SEACHT LIMITED ACCOUNTANTS. REPORT Accountants, report to the board of directors of Seacht Limited on the preparatlon of the unaudited statutory accounts for the year ended 31 March 2023 In order to assist you to fulfil your dulles under the Companies Act 2006. we have prepared for your approval the accounts of Seacht Limited for the year ended 31 March 2023 as sel out on pages 6 - 7 from the company's accoLtnling records and from inlormalion and explanations you have given us. This report is made solely lo the Board of Directors ol Seacht Limiled. as a body, in accordance with the terms of our engagement. Our work has been undertaken solely lo prepare for your approval the accounts of Seachl Limited and slate those matters that we have agreed lo stale lo them. as a body, in this report. To the fullest extenl pemiitted by law, we do not accept or assume responsibility lo anyone other than Seachl Limited and ils Board of Directors as a body for our work or for this report. 1115 your duty lo ensure Ihal Seachl Limited has kept adequale accounting records and lo prepare slalulory accounts that give a true and fair view of the assets, liabilities, financial position and profil of Seachl Limited. You consider that Seacht Limited is exempl from the stalulory audit requirement for the year. We have not been instructed lo carry out an audit or a review of the accounts of Seachl Limited. For this reason. we have not verified the accuracy or completeness of the accounting records or information and explanations you have given lo us and we do nol. therefore, express any opinion on the statutory accounts. O'connor & Co Unit 1 49 Keady Road Armaqh BT60 3NW 21 December 2023 SEACHT LIMITED INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 2023 Turnover 96,738 Cost of raw materials and consumables 136.659) Staff cost 115.622) Depreciation and other amounts written off assets 12.5421 Other charges 139.7121 Profit 2.203 SEACHT LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023 2023 Fixed assels 10,169 Current assets 30.770 Credrtors.. amounts falling due within one year {9.634) Net current assets 21,136 Total assets less current liabilities Creditors- amounls falling due after more than one year 31,305 1500) Net assets 30.805 Capltal and reserves 30.805 NOTES TO THE ACCOUNTS 1 Statutory information Seacht Limited is a private company, limited by shares. regislere(J in Northern Ireland. regislfalion number N1629789. The registered office 15 74-76 Upper English Street. . Amiagh. Armagh, BT61 7LG. 2 Average number of employees During the year the average number of employees was 1. For the year ending 31 March 2023 the company was enlitled lo exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. The members have not require(I the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their ￿SponSibl11t1eS for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounls have been prepared in accordance with the micrfrentity provisions of the Companies Act 21yJ6 and FRS 105. The Financial Reporting Standard applicable lo the Micro-entities Regime. Approved by the board on 21 December 2023 Gearoid O Machail Director Company Registration No. N1629789 SEACHT LIMITED DETAILED INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 This schedule does not form part ol Ihe 51alutory accounts. 2023 Turnover Sales 96,738 Cost of raw materials and consumables Purchases 36,659 Staff costs Wages and salaries Pensions 15.076 546 15.622 Depreciatlon and other amounts wrltten off assets Depreciation 2.542 Other Rent Slalionery and printing Bank charges Oonalions Accountancy fees Consultancy fees Other direct costs 6.600 1.043 1.093 5,000 793 10.177 15.006 39,712 Profit on ordinary actlvitles before taxatlon 2,203