10510574falseProperty development2022-12-312023-12-30http://www.companieshouse.gov.uk/2022-12-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-30http://www.companieshouse.gov.uk/cd:Director12022-12-312023-12-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-30http://www.companieshouse.gov.uk/cd:Director22022-12-312023-12-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-312023-12-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-312023-12-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-312023-12-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-30http://www.companieshouse.gov.uk/2022-12-312023-12-30http://www.companieshouse.gov.uk/2022-12-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-312023-12-30http://www.companieshouse.gov.uk/2023-12-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-312023-12-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-312023-12-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10510574

Sea View Partners Limited

ACCOUNTS
FOR THE YEAR ENDED 30/12/2023

Prepared By:
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

Sea View Partners Limited

ACCOUNTS
FOR THE YEAR ENDED 30/12/2023
DIRECTORS
Matthew Allen
Nigel Redfern
REGISTERED OFFICE
16 Kithurst Park
Storrington
West Sussex
RH20 4JH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10510574
ACCOUNTANTS
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

Sea View Partners Limited

ACCOUNTS
FOR THEYEARENDED30/12/2023
CONTENTS
Page
Directors' Report-
Strategic Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Sea View Partners Limited

BALANCE SHEET AT 30/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,700,0001,700,000
CURRENT ASSETS
Debtors530,9448,603
Cash at bank and in hand1,94597,668
32,889106,271
CREDITORS: Amounts falling due within one year697,908340,987
NET CURRENT LIABILITIES(65,019)(234,716)
TOTAL ASSETS LESS CURRENT LIABILITIES1,634,9811,465,284
CREDITORS: Amounts falling due after more than one year71,227,591903,339
PROVISIONS FOR LIABILITIES AND CHARGES884,554145,917
NET ASSETS322,836416,028
CAPITAL AND RESERVES
Called up share capital944
Revaluation reserve1c,10399,578437,752
Profit and loss account(76,746)(21,728)
SHAREHOLDERS' FUNDS322,836416,028

Sea View Partners Limited

BALANCE SHEET AT 30/12/2023
For the year ending 30/12/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/04/2025 and signed on their behalf by
.............................
Matthew Allen
Director
.............................
Nigel Redfern
Director

Sea View Partners Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20232022
No.No.
Average number of employees22
3. TANGIBLE FIXED ASSETS
Cost
At 30/12/2023
Depreciation
At 30/12/2023
Net Book Amounts
At 30/12/2023

Sea View Partners Limited

4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 31/12/20221,700,0001,700,000
Additions99,53899,538
Revaluation(99,538)(99,538)
At 30/12/20231,700,0001,700,000
Investment properties were revalue by the directors at their open market value as at the balance sheet date.
5. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors2,5128,603
Amounts due from associated companies28,432-
30,9448,603
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Directors current account6,643-
Mortgage38,200335,005
Other borrowings37,554-
Other creditors4,7734,902
Accruals1,8801,080
Amounts due to associated companies8,858-
97,908340,987

Sea View Partners Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr1,227,591903,339
1,227,591903,339
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation84,554145,917
84,554145,917
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
4 Ordinary shares of £1 each4.004.00
44
10. REVALUATION RESERVE 20232022
££
Revaluation reserve399,578437,752
399,578437,752
11. CONTROLLING PARTY
Mr M Allen and Mr N Redfern are in joint control of the company.