IRIS Accounts Production v24.2.0.383 05268035 Board of Directors Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052680352022-10-31052680352023-10-31052680352022-11-012023-10-31052680352021-10-31052680352021-11-012022-10-31052680352022-10-3105268035ns15:EnglandWales2022-11-012023-10-3105268035ns14:PoundSterling2022-11-012023-10-3105268035ns10:Director12022-11-012023-10-3105268035ns10:Director22022-11-012023-10-3105268035ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3105268035ns10:SmallEntities2022-11-012023-10-3105268035ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3105268035ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3105268035ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3105268035ns10:FullAccounts2022-11-012023-10-3105268035ns10:CompanySecretary12022-11-012023-10-3105268035ns10:RegisteredOffice2022-11-012023-10-3105268035ns5:CurrentFinancialInstruments2023-10-3105268035ns5:CurrentFinancialInstruments2022-10-3105268035ns5:ShareCapital2023-10-3105268035ns5:ShareCapital2022-10-3105268035ns5:RetainedEarningsAccumulatedLosses2023-10-3105268035ns5:RetainedEarningsAccumulatedLosses2022-10-3105268035ns5:PlantMachinery2022-11-012023-10-3105268035ns5:LandBuildings2022-10-3105268035ns5:PlantMachinery2022-10-3105268035ns5:LandBuildings2022-11-012023-10-3105268035ns5:LandBuildings2023-10-3105268035ns5:PlantMachinery2023-10-3105268035ns5:LandBuildings2022-10-3105268035ns5:PlantMachinery2022-10-31
REGISTERED NUMBER: 05268035 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

SHELLS BY THE BEACH LIMITED

SHELLS BY THE BEACH LIMITED (REGISTERED NUMBER: 05268035)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHELLS BY THE BEACH LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2023







DIRECTORS: J A Crane
Mrs M Crane





SECRETARY: Mrs M Crane





REGISTERED OFFICE: Holmwood
Football Green
Hornsea
East Yorkshire
HU18 1RA





REGISTERED NUMBER: 05268035 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

SHELLS BY THE BEACH LIMITED (REGISTERED NUMBER: 05268035)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,332 111,371

CURRENT ASSETS
Cash at bank 725 1,018

CREDITORS
Amounts falling due within one year 5 111,974 112,282
NET CURRENT LIABILITIES (111,249 ) (111,264 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

83

107

PROVISIONS FOR LIABILITIES 79 86
NET ASSETS 4 21

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2 19
SHAREHOLDERS' FUNDS 4 21

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 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.

SHELLS BY THE BEACH LIMITED (REGISTERED NUMBER: 05268035)

BALANCE SHEET - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 February 2024 and were signed on its behalf by:




J A Crane - Director



Mrs M Crane - Director


SHELLS BY THE BEACH LIMITED (REGISTERED NUMBER: 05268035)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Shells By The Beach Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Holmwood, Football Green, Hornsea, HU18 1RA.

The principal activity of the company is that of letting a restaurant property.

The presentational currency of the financial statements is Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

SHELLS BY THE BEACH LIMITED (REGISTERED NUMBER: 05268035)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 110,915 982 111,897
DEPRECIATION
At 1 November 2022 - 526 526
Charge for year - 39 39
At 31 October 2023 - 565 565
NET BOOK VALUE
At 31 October 2023 110,915 417 111,332
At 31 October 2022 110,915 456 111,371

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 3 -
Other creditors 111,971 112,282
111,974 112,282

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors are loans to the company from the directors:

J A Crane
The balance owing to J A Crane at 31 October 2023 was £41,891.
(2022 £41,391).

Mrs M Crane
The balance owing to Mrs M Crane at 31 October 2023 was £69,472.
(2022 £70,302).

The loans were made on an interest free basis and are repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, J A Crane and Mrs M Crane, by virtue that between them they hold 100% of the issued ordinary share capital.