Company Registration No. 04871960 (England and Wales)
Seaview Restaurants Limited
Unaudited accounts
for the year ended 31 October 2021
Seaview Restaurants Limited
Unaudited accounts
Contents
Seaview Restaurants Limited
Company Information
for the year ended 31 October 2021
Company Number
04871960 (England and Wales)
Registered Office
A42 Arena Business Centre
9 Nimrod Way
Ferndown
Dorset
BH21 7UH
Accountants
Atreus Accountants Ltd.
A42 Arena Business Centre
9 Nimrod Way
Wimborne
Dorset
BH21 7UH
Seaview Restaurants Limited
Statement of financial position
as at 31 October 2021
Tangible assets
113,068
155,062
Inventories
30,137
(2,213)
Cash at bank and in hand
126,400
83,960
Creditors: amounts falling due within one year
(401,149)
(252,788)
Net current liabilities
(244,355)
(156,639)
Total assets less current liabilities
(131,287)
(1,577)
Creditors: amounts falling due after more than one year
(151,928)
(162,411)
Net liabilities
(283,215)
(163,988)
Called up share capital
1
1
Profit and loss account
(283,216)
(163,989)
Shareholders' funds
(283,215)
(163,988)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 September 2022 and were signed on its behalf by
CADDY, Michael
Director
Company Registration No. 04871960
Seaview Restaurants Limited
Notes to the Accounts
for the year ended 31 October 2021
Seaview Restaurants Limited is a private company, limited by shares, registered in England and Wales, registration number 04871960. The registered office is A42 Arena Business Centre, 9 Nimrod Way, Ferndown, Dorset, BH21 7UH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25& straight line method
Fixtures & fittings
20% straight line method
Computer equipment
25% straight line method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2020
112,311
76,216
12,808
201,335
At 31 October 2021
112,311
81,073
12,808
206,192
At 1 November 2020
28,078
15,001
3,194
46,273
Charge for the year
28,078
15,571
3,202
46,851
At 31 October 2021
56,156
30,572
6,396
93,124
At 31 October 2021
56,155
50,501
6,412
113,068
At 31 October 2020
84,233
61,215
9,614
155,062
Seaview Restaurants Limited
Notes to the Accounts
for the year ended 31 October 2021
5
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
-
14,285
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,471
10,971
Trade creditors
82,495
57,916
Amounts owed to group undertakings and other participating interests
62,222
-
Taxes and social security
6,269
6,227
Other creditors
159,679
81,408
7
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
151,928
162,411
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).