Registered number
01516697
Sea View (Mumbles) Management Limited
Filleted Accounts
31 March 2025
Cross and Bowen
Chartered Certified Accountants
Riverside House
Normandy Road
Swansea
SA1 2JA
Sea View (Mumbles) Management Limited
Registered number: 01516697
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 13,071 13,071
Current assets
Debtors 4 3,859 2,977
Cash at bank and in hand 21,704 10,371
25,563 13,348
Creditors: amounts falling due within one year 5 (26,669) (14,454)
Net current liabilities (1,106) (1,106)
Total assets less current liabilities 11,965 11,965
Creditors: amounts falling due after more than one year 6 (12,000) (12,000)
Net liabilities (35) (35)
Capital and reserves
Profit and loss account (35) (35)
Shareholders' funds (35) (35)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr. T. Davies
Director
Approved by the board on 2 August 2025
Sea View (Mumbles) Management Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
No depreciation has been provided on the property as in the opinion of the directors, the property is not a type which will become obsolete and its residual value will not be less than cost shown in balance sheet.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 6 6
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2024 13,071
At 31 March 2025 13,071
Depreciation
At 31 March 2025 -
Net book value
At 31 March 2025 13,071
At 31 March 2024 13,071
4 Debtors 2025 2024
£ £
Other debtors 3,859 2,977
5 Creditors: amounts falling due within one year 2025 2024
£ £
Other creditors 26,669 14,454
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 12,000 12,000
7 Other information
Sea View (Mumbles) Management Limited is a private company limited by guarantee and incorporated in England & Wales. Its registered office is:
Riverside House
Normandy Road
Swansea
SA1 2JA
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