SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Company Registration Number:
11063196 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 235,592 203,381
Total fixed assets: 235,592 203,381
Current assets
Stocks: 4,692 2,502
Debtors: 4 184,399 64,403
Cash at bank and in hand: 29,667 31,912
Total current assets: 218,758 98,817
Creditors: amounts falling due within one year: 5 (176,653) (172,575)
Net current assets (liabilities): 42,105 (73,758)
Total assets less current liabilities: 277,697 129,623
Creditors: amounts falling due after more than one year: 6 (321,699) (244,217)
Total net assets (liabilities): (44,002) (114,594)
Capital and reserves
Called up share capital: 100 100
Share premium account: 200 200
Profit and loss account: (44,302) (114,894)
Shareholders funds: (44,002) (114,594)

The notes form part of these financial statements

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: N Prescott
Status: Director

The notes form part of these financial statements

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 28 21

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 228,055
Additions 38,211
At 31 December 2023 266,266
Depreciation
At 01 January 2023 24,674
Charge for year 6,000
At 31 December 2023 30,674
Net book value
At 31 December 2023 235,592
At 31 December 2022 203,381

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 184,399 64,403

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

bank loans and overdrafts 10648(2023)10648(2022) Trade creditors 44477(2023) 37093(2022) Taxation and social security costs 18565(2023) 22919 (2022) other creditors 102963 (2023) 101915 (2022)

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

bank loans 14282(2023) 24172 (2022) other creditors 307417 (2023) 220045 (2022)

SEA SHELLS NURSERY (DOCKSIDE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Related party transactions

Name of the related party:
Relationship:
director
Description of the Transaction: During the period Kentlincs Fire & Facilities Limited ( a company owned by the sole director Mr N Prescott) carried out building and maintenance work for the company. At the balance sheet date the company owed Kentlincs Fire & Facilities Limited £0.
£
Balance at 01 January 2023 0
Balance at 31 December 2023 0