2022-03-01 10017123 2023-02-28 10017123 2022-03-01 2023-02-28 10017123 2022-02-28 10017123 2021-03-01 2022-02-28 10017123 uk-core:WithinOneYear uk-bus:Original 2022-02-28 10017123 uk-core:WithinOneYear uk-bus:Original 2023-02-28 10017123 uk-core:AfterOneYear uk-bus:Original 2022-02-28 10017123 uk-core:AfterOneYear uk-bus:Original 2023-02-28 10017123 uk-core:ShareCapital uk-bus:Original 2023-02-28 10017123 uk-core:ShareCapital uk-bus:Original 2022-02-28 10017123 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-02-28 10017123 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-02-28 10017123 uk-bus:Director1 uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-core:LeaseholdImprovements uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-core:PlantMachinery uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-core:CommercialMotorVehicles uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-core:FurnitureFittings uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-core:FurnitureFittings uk-bus:Original 2022-02-28 10017123 uk-core:CommercialMotorVehicles uk-bus:Original 2022-02-28 10017123 uk-core:PlantMachinery uk-bus:Original 2022-02-28 10017123 uk-core:LeaseholdImprovements uk-bus:Original 2022-02-28 10017123 uk-core:PlantMachinery uk-bus:Original 2023-02-28 10017123 uk-core:CommercialMotorVehicles uk-bus:Original 2023-02-28 10017123 uk-core:FurnitureFittings uk-bus:Original 2023-02-28 10017123 uk-core:LeaseholdImprovements uk-bus:Original 2023-02-28 10017123 uk-core:WithinOneYear uk-bus:Original 2023-02-28 10017123 uk-core:WithinOneYear uk-bus:Original 2022-02-28 10017123 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-02-28 10017123 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-02-28 10017123 1 uk-bus:Original uk-bus:Director1 2022-03-01 2023-02-28 10017123 1 uk-bus:Original uk-bus:Director1 2023-02-28 10017123 1 uk-bus:Original uk-bus:Director1 2022-02-28 iso4217:GBP xbrli:pure 10017123 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-bus:FRS102 uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-bus:FilletedAccounts uk-bus:Original 2022-03-01 2023-02-28 10017123 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-03-01 2023-02-28
Seaburn Beach Cafe Limited
Registered Number:10017123
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Seaburn Beach Cafe Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
10017123
As at 28 February 2023
Seaburn Beach Cafe Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
28,062
36,555
2
28,062
36,555
Current assets
Inventories
1,900
1,900
3
Trade and other receivables
146,796
76,389
4
75,599
Cash and cash equivalents
87,337
165,626
224,295
Trade and other payables: amounts falling due within one
year
(134,370)
(60,747)
5
89,925
104,879
Net current assets
Total assets less current liabilities
132,941
126,480
Trade and other payables: amounts falling due after more
than one year
(31,873)
(21,885)
6
111,056
Net assets
94,607
Capital and reserves
Called up share capital
1
1
Retained earnings
111,055
94,606
111,056
94,607
Shareholders' funds
For the year ended 28 February 2023 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 2023 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.
Mrs Donna O'Brien Director
These financial statements were approved and authorised for issue by the Board on 15 November 2023 and were signed by:
The notes form part of these financial statements
1 of 5
4
For the year ended 28 February 2023
Seaburn Beach Cafe Limited
Notes to the Financial Statements
Statutory Information
Seaburn Beach Cafe Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 10017123.
Registered address:
Funky Beach Cafe
Lower Promenade, Whitburn Road
Sunderland
Tyne & Wear
SR6 8AA
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
10% Straight line
Plant and Machinery
20% Straight line
25% Reducing balance
Motor Vehicles
20% Straight line
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 5
5
For the year ended 28 February 2023
Seaburn Beach Cafe Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 March 2022
91,057
7,021
37,394
36,025
10,617
737
-
-
737
-
Additions
At 28 February 2023
36,762
37,394
7,021
91,794
10,617
Provision for depreciation and impairment
At 01 March 2022
54,502
6,063
7,011
35,457
5,971
Charge for year
9,230
520
7,336
312
1,062
At 28 February 2023
63,732
6,583
14,347
35,769
7,033
At 28 February 2023
Net book value
3,584
993
23,047
438
28,062
At 28 February 2022
4,646
568
30,383
958
36,555
3. Inventories
2022
2023
£
£
Stocks
1,900
1,900
4. Trade and other receivables
2022
2023
£
£
Trade debtors
2,500
5,000
Amounts owed by group undertakings and participating interests
20,387
115,387
Other debtors
53,502
26,409
146,796
76,389
3 of 5
6
For the year ended 28 February 2023
Seaburn Beach Cafe Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
10,000
10,000
Trade creditors
6,882
6,787
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
1,042
96,042
Taxation and social security
39,791
18,032
Other creditors
3,032
3,509
60,747
134,370
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
21,885
31,873
7. Related party transactions
As at 28 February 2023, D L O'Brien (director) owed £51,955 (year ended 28 February 2022 - £25,658). This balance
arose in relation to a loan to the company of £18,585 and drawings of £44,882.
As at 28 February 2023, Kenron Developments Limited (director of the company) was owed £0 (year ended 28
February 2022 - £95,000). This balance was in relation to a loan.
8. Directors advances and guarantees
At 01/03/2022
Loaned
Repaid
At 28/02/2023
£
£
£
£
Mrs Donna O'Brien
Loan
43,426
25,658
44,886
27,118
43,426
25,658
44,886
27,118
9. Guarantees and other financial commitments
Lease commitments
At 28 February 2023 the company had annual commitments under non-cancellable operating leases as set out
below:
2022
£
2023
£
Operating leases which expire:
-
15,866
Within 1 year
-
15,866
4 of 5
7
For the year ended 28 February 2023
Seaburn Beach Cafe Limited
Notes to the Financial Statements Continued
10. Average number of persons employed
During the year the average number of employees was 9 (2022 : 8)
5 of 5