Seaburn Beach Cafe Limited |
Registered Number:10017123 |
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2024
Seaburn Beach Cafe Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Seaburn Beach Cafe Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
20,814
28,062
2
20,814
28,062
1,900
1,900
3
Trade and other receivables |
76,389
89,028
4
87,337
Cash and cash equivalents |
30,003
120,931
165,626
Trade and other payables: amounts falling due within one |
year |
(60,747)
(37,922)
5
104,879
83,009
Net current assets
Total assets less current liabilities |
103,823
132,941
Trade and other payables: amounts falling due after more |
than one year |
(21,885)
(11,885)
6
(3,475)
-
Provisions for liabilities |
88,463
Net assets
111,056
1
1
88,462
111,055
88,463
111,056
Shareholders' funds
For the year ended 28 February 2024 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 2024 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 20 November 2024 and were signed by: |
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For the year ended 28 February 2024
Seaburn Beach Cafe Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 28 February 2024
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. |
Funky Beach Cafe
Lower Promenade, Whitburn Road
Sunderland
Tyne & Wear
SR6 8AA
The presentation currency is £ sterling. |
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
Plant and Machinery
Motor Vehicles
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.
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For the year ended 28 February 2024
Seaburn Beach Cafe Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
91,794
7,021
37,394
36,762
10,617
36,762
37,394
7,021
91,794
10,617
Provision for depreciation and impairment |
63,732
6,583
14,347
35,769
7,033
Charge for year
7,248
172
5,762
252
1,062
70,980
6,755
20,109
36,021
8,095
2,522
741
17,285
266
20,814
3,584
993
23,047
438
28,062
2023
2024
1,900
1,900
4. Trade and other receivables |
2023
2024
-
2,500
Amounts owed by group undertakings and participating interests |
20,387
20,387
68,641
53,502
76,389
89,028
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For the year ended 28 February 2024
Seaburn Beach Cafe Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
10,000
10,000
10,295
6,882
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
1,042
1,042
Taxation and social security |
13,348
39,791
3,237
3,032
37,922
60,747
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
11,885
21,885
7. Related party transactions |
As at 28 February 2024, D L O'Brien (director) owed £54,305 (year ended 28 February 2023 - £43,426). This balance |
arose in relation to a loan to the company of £32,491 and drawings of £43,100. |
8. Directors advances and guarantees |
Loaned
Repaid
Mrs Donna O'Brien
Loan
54,035
43,426
43,100
32,491
54,035
43,426
43,100
32,491
9. Average number of persons employed |
During the year the average number of employees was 7 (2023 : 9)
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