Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06942492 Mrs June Bailey Mr Michael Bailey Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06942492 2023-06-30 06942492 2024-06-30 06942492 2023-07-01 2024-06-30 06942492 frs-core:CurrentFinancialInstruments 2024-06-30 06942492 frs-core:Non-currentFinancialInstruments 2024-06-30 06942492 frs-core:InvestmentPropertyIncludedWithinPPE 2024-06-30 06942492 frs-core:InvestmentPropertyIncludedWithinPPE 2023-06-30 06942492 frs-core:ShareCapital 2024-06-30 06942492 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06942492 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06942492 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06942492 frs-bus:SmallEntities 2023-07-01 2024-06-30 06942492 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06942492 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06942492 frs-bus:Director1 2023-07-01 2024-06-30 06942492 frs-bus:Director2 2023-07-01 2024-06-30 06942492 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 06942492 frs-countries:EnglandWales 2023-07-01 2024-06-30 06942492 2022-06-30 06942492 2023-06-30 06942492 2022-07-01 2023-06-30 06942492 frs-core:CurrentFinancialInstruments 2023-06-30 06942492 frs-core:Non-currentFinancialInstruments 2023-06-30 06942492 frs-core:ShareCapital 2023-06-30 06942492 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06942492
Sea View Villa Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06942492
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 132,193 132,193
132,193 132,193
CURRENT ASSETS
Cash at bank and in hand 29,348 31,197
29,348 31,197
Creditors: Amounts Falling Due Within One Year 5 (693 ) (670 )
NET CURRENT ASSETS (LIABILITIES) 28,655 30,527
TOTAL ASSETS LESS CURRENT LIABILITIES 160,848 162,720
Creditors: Amounts Falling Due After More Than One Year 6 (33,168 ) (33,168 )
NET ASSETS 127,680 129,552
CAPITAL AND RESERVES
Called up share capital 7 120,880 120,880
Profit and Loss Account 6,800 8,672
SHAREHOLDERS' FUNDS 127,680 129,552
Page 1
Page 2
For the year ending 30 June 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Bailey
Director
24/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sea View Villa Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06942492 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 July 2023 132,193
As at 30 June 2024 132,193
Net Book Value
As at 30 June 2024 132,193
As at 1 July 2023 132,193
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Accruals and deferred income 693 669
693 670
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 33,168 33,168
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120,880 120,880
Page 4