SOUTH COAST WATCH FAIR LIMITED

Company Registration Number:
02915145 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SOUTH COAST WATCH FAIR LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SOUTH COAST WATCH FAIR LIMITED

Balance sheet

As at 31 March 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 3,831,440 5,995,222
Investments: 4 0 1
Total fixed assets: 3,831,440 5,995,223
Current assets
Debtors:   903,500 4,086,377
Cash at bank and in hand: 6,472 164
Total current assets: 909,972 4,086,541
Creditors: amounts falling due within one year:   (323,180) (328,103)
Net current assets (liabilities): 586,792 3,758,438
Total assets less current liabilities: 4,418,232 9,753,661
Creditors: amounts falling due after more than one year:   (6,596,172) (8,304,862)
Total net assets (liabilities): (2,177,940) 1,448,799
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:51,120,5841,325,858
Profit and loss account: (3,298,526) 122,939
Shareholders funds: (2,177,940) 1,448,799

The notes form part of these financial statements

SOUTH COAST WATCH FAIR LIMITED

Balance sheet statements

For the year ending 31 March 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 June 2025
and signed on behalf of the board by:

Name: J Harouni
Status: Director

The notes form part of these financial statements

SOUTH COAST WATCH FAIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOUTH COAST WATCH FAIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

SOUTH COAST WATCH FAIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 6,009,372
Disposals (2,163,768)
At 31 March 2024 3,845,604
Depreciation
At 01 April 2023 14,150
Charge for year 14
At 31 March 2024 14,164
Net book value
At 31 March 2024 3,831,440
At 31 March 2023 5,995,222

SOUTH COAST WATCH FAIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

At 01.04.23 £1 Disposal £(1) At 31.03.24 £Nil

SOUTH COAST WATCH FAIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve

2024
£
Balance at 01 April 2023 1,325,858
Surplus or deficit after revaluation (205,274)
Balance at 31 March 2024 1,120,584