Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Alan Keith Butcher 17/07/2006 Robert Neil Vaughan Mead 02/10/2015 Stuart Brandon Wring 13/10/2015 07 April 2025 The principal activity of the Company is the management of real estate on a fee or contract basis. 05301757 2024-12-31 05301757 bus:Director1 2024-12-31 05301757 bus:Director2 2024-12-31 05301757 bus:Director3 2024-12-31 05301757 core:CurrentFinancialInstruments 2024-12-31 05301757 core:CurrentFinancialInstruments 2023-12-31 05301757 2023-12-31 05301757 core:ShareCapital 2024-12-31 05301757 core:ShareCapital 2023-12-31 05301757 core:RetainedEarningsAccumulatedLosses 2024-12-31 05301757 core:RetainedEarningsAccumulatedLosses 2023-12-31 05301757 2024-01-01 2024-12-31 05301757 bus:FilletedAccounts 2024-01-01 2024-12-31 05301757 bus:SmallEntities 2024-01-01 2024-12-31 05301757 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 05301757 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05301757 bus:Director1 2024-01-01 2024-12-31 05301757 bus:Director2 2024-01-01 2024-12-31 05301757 bus:Director3 2024-01-01 2024-12-31 05301757 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 05301757 (England and Wales)

SEVERN VIEW MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

SEVERN VIEW MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

SEVERN VIEW MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
SEVERN VIEW MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024 2023
£ £
Current assets
Debtors 3 0 1,378
Cash at bank and in hand 728 2,409
728 3,787
Creditors: amounts falling due within one year 4 ( 1,860) ( 1,792)
Net current (liabilities)/assets (1,132) 1,995
Total assets less current liabilities (1,132) 1,995
Net (liabilities)/assets ( 1,132) 1,995
Capital and reserves
Called-up share capital 0 0
Profit and loss account ( 1,132 ) 1,995
Total shareholders' (deficit)/funds ( 1,132) 1,995

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Severn View Management Limited (registered number: 05301757) were approved and authorised for issue by the Board of Directors on 07 April 2025. They were signed on its behalf by:

Stuart Brandon Wring
Director
SEVERN VIEW MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
SEVERN VIEW MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Severn View Management Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 5 Severn View Industrial Estate Central Avenue, Hallen, Bristol, BS10 7SD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of trading uncertainties which may cause doubt on the company's ability to continue as a going concern.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Debtors

2024 2023
£ £
Other debtors 0 1,378

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 172
Accruals 1,860 1,620
1,860 1,792