Relate AccountsProduction v2.7.2 v2.7.2 2022-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continued to be that of the sale of hot food, alcoholic and non alcoholic beverages. 2 October 2023 30 29 NI050756 2023-03-31 NI050756 2022-03-31 NI050756 2021-03-31 NI050756 2022-04-01 2023-03-31 NI050756 2021-04-01 2022-03-31 NI050756 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 NI050756 uk-curr:PoundSterling 2022-04-01 2023-03-31 NI050756 uk-bus:AbridgedAccounts 2022-04-01 2023-03-31 NI050756 uk-core:ShareCapital 2023-03-31 NI050756 uk-core:ShareCapital 2022-03-31 NI050756 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI050756 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 NI050756 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 NI050756 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-03-31 NI050756 uk-bus:FRS102 2022-04-01 2023-03-31 NI050756 uk-core:LandBuildings 2022-04-01 2023-03-31 NI050756 uk-core:PlantMachinery 2022-04-01 2023-03-31 NI050756 uk-core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 NI050756 uk-core:MotorVehicles 2022-04-01 2023-03-31 NI050756 2022-04-01 2023-03-31 NI050756 uk-bus:Director1 2022-04-01 2023-03-31 NI050756 uk-bus:Director2 2022-04-01 2023-03-31 NI050756 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI050756
 
 
Seacliff Douglas Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2023
Seacliff Douglas Ltd
DIRECTORS' REPORT
for the financial year ended 31 March 2023

 
The directors present their report and the unaudited financial statements for the financial year ended 31 March 2023.
 
Principal Activity
The principal activity of the company continued to be that of the sale of hot food, alcoholic and non alcoholic beverages.
     
Results and Dividends
The profit for the financial year after providing for depreciation and taxation amounted to £48,070 (2022 - £316,468).
     
Directors
The directors who served during the financial year are as follows:
     
Mrs. Michelle Harding
Mr. David Harding
   
There were no changes in shareholdings between 31 March 2023 and the date of signing the financial statements.
     
Statement of Directors' Responsibilities
     
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to 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 time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Mrs. Michelle Harding
Director
     
     
___________________________
Mr. David Harding
Director
     
2 October 2023



Seacliff Douglas Ltd
Company Registration Number: NI050756
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 March 2023

2023 2022
Notes £ £
 
Non-Current Assets
Property, plant and equipment 4 119,987 75,771
───────── ─────────
 
Current Assets
Stocks 21,250 25,338
Debtors 237,208 308,511
Cash and cash equivalents 484,968 396,586
───────── ─────────
743,426 730,435
───────── ─────────
Creditors: amounts falling due within one year (378,386) (306,140)
───────── ─────────
Net Current Assets 365,040 424,295
───────── ─────────
Total Assets less Current Liabilities 485,027 500,066
 
Creditors:
amounts falling due after more than one year (65,865) (46,974)
───────── ─────────
Net Assets 419,162 453,092
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings 419,160 453,090
───────── ─────────
Equity attributable to owners of the company 419,162 453,092
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement.
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 2 October 2023 and signed on its behalf by
           
           
________________________________          
Mrs. Michelle Harding          
Director          
           
           
________________________________
Mr. David Harding
Director
           



Seacliff Douglas Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2023

   
1. General Information
 
Seacliff Douglas Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office of the company is 188 Seacliff Road, Bangor, BT20 5HA which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - 8% Straight line
  Plant and machinery - 25% Reducing Balance
  Fixtures, fittings and equipment - 25% Reducing Balance
  Motor vehicles - 25% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Income Statement annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Income Statement when received.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was:
 
  2023 2022
  Number Number
 
Employees 30 29
  ═════════ ═════════
             
4. Property, plant and equipment
  Land and Plant and Fixtures, Motor Total
  buildings machinery fittings and vehicles  
  freehold   equipment    
  £ £ £ £ £
Cost
At 1 April 2022 7,023 52,020 181,399 - 240,442
Additions - - 24,514 47,116 71,630
  ───────── ───────── ───────── ───────── ─────────
At 31 March 2023 7,023 52,020 205,913 47,116 312,072
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2022 7,023 50,406 107,242 - 164,671
Charge for the financial year - 403 20,140 6,871 27,414
  ───────── ───────── ───────── ───────── ─────────
At 31 March 2023 7,023 50,809 127,382 6,871 192,085
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 31 March 2023 - 1,211 78,531 40,245 119,987
  ═════════ ═════════ ═════════ ═════════ ═════════
At 31 March 2022 - 1,614 74,157 - 75,771
  ═════════ ═════════ ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no capital commitments at the year-ended 31 March 2022.
   
6. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.