IRIS Accounts Production v25.1.0.734 05121535 director 1.7.24 31.1.25 31.1.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051215352024-06-30051215352025-01-31051215352024-07-012025-01-31051215352023-06-30051215352023-07-012024-06-30051215352024-06-3005121535ns15:EnglandWales2024-07-012025-01-3105121535ns14:PoundSterling2024-07-012025-01-3105121535ns10:Director12024-07-012025-01-3105121535ns10:PrivateLimitedCompanyLtd2024-07-012025-01-3105121535ns10:SmallEntities2024-07-012025-01-3105121535ns10:AuditExempt-NoAccountantsReport2024-07-012025-01-3105121535ns10:SmallCompaniesRegimeForDirectorsReport2024-07-012025-01-3105121535ns10:SmallCompaniesRegimeForAccounts2024-07-012025-01-3105121535ns10:FullAccounts2024-07-012025-01-310512153512024-07-012025-01-3105121535ns10:CompanySecretary12024-07-012025-01-3105121535ns10:RegisteredOffice2024-07-012025-01-3105121535ns5:CurrentFinancialInstruments2025-01-3105121535ns5:CurrentFinancialInstruments2024-06-3005121535ns5:Non-currentFinancialInstruments2025-01-3105121535ns5:Non-currentFinancialInstruments2024-06-3005121535ns5:ShareCapital2025-01-3105121535ns5:ShareCapital2024-06-3005121535ns5:RetainedEarningsAccumulatedLosses2025-01-3105121535ns5:RetainedEarningsAccumulatedLosses2024-06-3005121535ns5:NetGoodwill2024-07-012025-01-3105121535ns5:MotorVehicles2024-07-012025-01-3105121535ns5:ComputerEquipment2024-07-012025-01-3105121535ns5:NetGoodwill2024-06-3005121535ns5:NetGoodwill2025-01-3105121535ns5:NetGoodwill2024-06-3005121535ns5:PlantMachinery2024-06-3005121535ns5:PlantMachinery2024-07-012025-01-3105121535ns5:PlantMachinery2025-01-3105121535ns5:PlantMachinery2024-06-3005121535ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3105121535ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3005121535ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-30051215351ns10:Director12024-06-30051215351ns10:Director12023-06-30051215351ns10:Director12024-07-012025-01-31051215351ns10:Director12023-07-012024-06-30051215351ns10:Director12025-01-31051215351ns10:Director12024-06-30
REGISTERED NUMBER: 05121535 (England and Wales)













Unaudited Financial Statements

for the Period 1 July 2024 to 31 January 2025

for

Sea View Dairies Limited

Sea View Dairies Limited (Registered number: 05121535)






Contents of the Financial Statements
for the period 1 July 2024 to 31 January 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sea View Dairies Limited

Company Information
for the period 1 July 2024 to 31 January 2025







DIRECTOR: D Knott



SECRETARY: J I Knott



REGISTERED OFFICE: 14 Waldron Square
Grangetown
Sunderland
Tyne & Wear
SR2 7UX



REGISTERED NUMBER: 05121535 (England and Wales)



ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG



BANKERS: Barclays Bank PLC
53 Fawcett Street
Sunderland
Tyne and Wear
SR1 1RS

Sea View Dairies Limited (Registered number: 05121535)

Statement of Financial Position
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - 549
Tangible assets 5 - 5,352
- 5,901

CURRENT ASSETS
Stocks - 50
Debtors 6 544 1,871
Cash at bank and in hand 8,031 12,070
8,575 13,991
CREDITORS
Amounts falling due within one year 7 8,455 15,482
NET CURRENT ASSETS/(LIABILITIES) 120 (1,491 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

120

4,410

CREDITORS
Amounts falling due after more than one
year

8

-

(1,834

)

PROVISIONS FOR LIABILITIES - (1,017 )
NET ASSETS 120 1,559

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20 1,459
SHAREHOLDERS' FUNDS 120 1,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sea View Dairies Limited (Registered number: 05121535)

Statement of Financial Position - continued
31 January 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





D Knott - Director


Sea View Dairies Limited (Registered number: 05121535)

Notes to the Financial Statements
for the period 1 July 2024 to 31 January 2025

1. STATUTORY INFORMATION

Sea View Dairies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The financial statements have been prepared on the break up basis, which assumes that the company will not continue in operational existence for the foreseeable future, which the director considers to be appropriate. As such the assets and liabilities have been reduced to their net realisable value.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 20% Straight line

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

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

Current 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

Sea View Dairies Limited (Registered number: 05121535)

Notes to the Financial Statements - continued
for the period 1 July 2024 to 31 January 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2024 47,175
Disposals (47,175 )
At 31 January 2025 -
AMORTISATION
At 1 July 2024 46,626
Amortisation for period 549
Eliminated on disposal (47,175 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 30 June 2024 549

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2024 24,512
Disposals (24,512 )
At 31 January 2025 -
DEPRECIATION
At 1 July 2024 19,160
Charge for period 637
Eliminated on disposal (19,797 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 30 June 2024 5,352

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 1,561
Other debtors 544 310
544 1,871

Sea View Dairies Limited (Registered number: 05121535)

Notes to the Financial Statements - continued
for the period 1 July 2024 to 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 5,387
Taxation and social security 7,429 6,132
Other creditors 1,026 3,963
8,455 15,482

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors - 1,834

9. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Other loans - 2,000

Amounts falling due between one and two years:
Other loans - 1,834

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 January 2025 and the year ended 30 June 2024:

2025 2024
£    £   
D Knott
Balance outstanding at start of period (433 ) (2,598 )
Amounts advanced 8,660 34,577
Amounts repaid (7,906 ) (32,412 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 321 (433 )

No interest was charged.