1 January 2023 false Taxfiler 2024.5 05049955business:PrivateLimitedCompanyLtd2023-01-012023-12-31 050499552022-12-31 050499552023-01-012023-12-31 05049955business:AuditExemptWithAccountantsReport2023-01-012023-12-31 05049955business:FilletedAccounts2023-01-012023-12-31 050499552023-12-31 05049955business:Director12023-01-012023-12-31 05049955business:RegisteredOffice2023-01-012023-12-31 050499552022-12-31 05049955core:WithinOneYear2023-12-31 05049955core:WithinOneYear2022-12-31 05049955core:AfterOneYear2023-12-31 05049955core:AfterOneYear2022-12-31 05049955core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05049955core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 05049955core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05049955core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 05049955core:PreviouslyStatedAmount2023-12-31 05049955core:PreviouslyStatedAmount2022-12-31 05049955business:SmallEntities2023-01-012023-12-31 05049955countries:EnglandWales2023-01-012023-12-31 05049955business:OrdinaryShareClass12023-01-012023-12-31 05049955business:OrdinaryShareClass12022-01-012022-12-31 050499552022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05049955 (England and Wales)
Severnview Commercial Properties Limited Unaudited accounts for the year ended 31 December 2023
Severnview Commercial Properties Limited Unaudited accounts Contents
Page
- 2 -
Severnview Commercial Properties Limited Company Information for the year ended 31 December 2023
Director
Alan David Spiller
Company Number
05049955 (England and Wales)
Registered Office
432 Gloucester Road Horfield BS7 8TX United Kingdom
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Severnview Commercial Properties Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Severnview Commercial Properties Limited for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 17 September 2024
- 4 -
Severnview Commercial Properties Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
164,703 
164,723 
Cash at bank and in hand
17,188 
29,944 
181,891 
194,667 
Creditors: amounts falling due within one year
(3,541)
(3,599)
Net current assets
178,350 
191,068 
Total assets less current liabilities
178,350 
191,068 
Creditors: amounts falling due after more than one year
(291,273)
(302,901)
Net liabilities
(112,923)
(111,833)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(112,924)
(111,834)
Shareholders' funds
(112,923)
(111,833)
For the year ending 31 December 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 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 17 September 2024 and were signed on its behalf by
Alan David Spiller Director Company Registration No. 05049955
- 5 -
Severnview Commercial Properties Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Severnview Commercial Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05049955. The registered office is 432 Gloucester Road, Horfield, BS7 8TX, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
20 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
164,703 
164,703 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
2,891 
2,949 
Accruals
650 
650 
3,541 
3,599 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
273,934 
285,562 
Other creditors
17,339 
17,339 
291,273 
302,901 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
- 6 -
Severnview Commercial Properties Limited Notes to the Accounts for the year ended 31 December 2023
8
Transactions with related parties
On 31 December 2023, the company was owed £70,618 (2022: £70,618) by 5 & 7 Robertson Road Limited, a company under common control. On 31 December 2023, the company was owed £74,085 (2022: £74,085) by 62 High Street Limited, a company under common control. On 31 December 2023, the company was owed £20,000 (2022: £20,000) by Spiller Commercial Holdings Ltd, a company under common control. On 31 December 2023, the company owed £273,934 (2022: £285,562) to Cube Construction (Southern) Limited, a company under common control. No interest was charged on these balances and there are no fixed repayment terms.
9
Controlling party
Spiller Commercial Holdings Ltd is the parent company. Alan Spiller, who owns 100% of Spiller Commercial Holdings Ltd, is the ultimate beneficial owner.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 7 -