Sand Dunes (Essex) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10031271 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sand Dunes (Essex) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

M Chittenden

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

10031271 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

927,166

940,461

927,166

940,461

CURRENT ASSETS

Debtors

6

585,533

564,898

Cash at bank

17,482

9,883

603,015

574,781

CREDITORS

Amounts falling due within one year

7

1,728,394

1,616,907

NET CURRENT LIABILITIES

(1,125,379

)

(1,042,126

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(198,213

)

(101,665

)

CREDITORS

Amounts falling due after more than one
year

8

(23,782

)

(29,167

)

PROVISIONS FOR LIABILITIES

(28,070

)

(39,742

)

NET LIABILITIES

(250,065

)

(170,574

)

CAPITAL AND RESERVES

Called up share capital

10

1

Fair value reserve

11

507,766

Retained earnings

(757,832

)

(678,341

)

SHAREHOLDERS' FUNDS

(250,065

)

(170,574

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

M Chittenden - Director

1.	STATUTORY INFORMATION

Sand Dunes (Essex) Ltd 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 for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 29th February 2016.

The transition to FRS 102 Section 1A Small Entities has not resulted in any changes in accounting policies to those used previously.

Turnover

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

Turnover is recognised for the period that rents have been earned.

Goodwill

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

15% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

100,000

AMORTISATION

At 1 January 2024

and 31 December 2024

100,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 January 2024

876,680

194,482

1,071,162

Additions

-

1,018

At 31 December 2024

876,680

195,500

1,072,180

DEPRECIATION

At 1 January 2024

-

130,701

Charge for year

-

14,313

At 31 December 2024

-

145,014

NET BOOK VALUE

At 31 December 2024

876,680

50,486

927,166

At 31 December 2023

876,680

63,781

940,461

Cost or valuation at 31 December 2024 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2021

775,000

194,074

969,074

Valuation in 2022

101,680

408

102,088

Valuation in 2024

-

1,018

876,680

195,500

1,072,180

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

17,539

28,265

Other debtors

567,994

536,633

585,533

564,898

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Bank loans and overdrafts

5,385

Trade creditors

17,828

8,949

Taxation and social security

9,026

11,248

Other creditors

1,696,155

1,591,325

1,728,394

1,616,907

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/12/24

31/12/23

£

Bank loans

23,782

29,167

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/24

31/12/23

£

Other Creditors

854,600

954,600

Within other creditors, there is a loan of £854,600 (2023: £954,600) which carries an interest charge of 1% per month, and a fixed charge is held on the property belonging to the company.

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

1

Share capital

£1

1

11.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

507,766

12.	TRANSACTIONS WITH DIRECTORS

At the balance sheet date the company owed £8,444 (2022: £14,578) to the director.

13.	RELATED PARTY TRANSACTIONS

Within Other Debtors, the following amounts were due from companies in which Mr Chittenden is also a director and shareholder:

Manor Studios Ltd. £551,495 (2023: £521,809). Interest was charged on this loan of £50,136.

Within Other Creditors, the following amounts were due to companies in which Mr Chittenden is a director and shareholder:

The Royal Hotel (Essex) Ltd. £207,290 (2023: £176,590)

DBC Stores Ltd £20,000 (2023: £20,000)

Measured Media Ltd. £125,000 (2023: £125,000)

The Manor by the Lake Cheltenham Ltd £180,000 (2023: £180,000)

Seckford Holdings Ltd £20,000 (2023: £20,000)

MRM 47 Ltd £24,590 (2022: £22,180)

Eastgate Street Ltd £112,000 (2023: £12,000)

International House (CI) Ltd £45,000 (2023: £45,000)

14.

CONTROL

The company is under the control of the director, M Chittenden.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sand Dunes (Essex) Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Sand Dunes (Essex) Ltd in accordance with the terms of our engagement letter dated 29 February 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Sand Dunes (Essex) Ltd and state those matters that we have agreed to state to the director of Sand Dunes (Essex) Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sand Dunes (Essex) Ltd and its director for our work or for this report.

It is your duty to ensure that Sand Dunes (Essex) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Sand Dunes (Essex) Ltd. You consider that Sand Dunes (Essex) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sand Dunes (Essex) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

26 September 2025