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Company Registration No. 14635542 (England and Wales)
Sea Salt Tenby Ltd Unaudited accounts for the year ended 28 February 2025
Sea Salt Tenby Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sea Salt Tenby Ltd Company Information for the year ended 28 February 2025
Director
Neil Thomas
Company Number
14635542 (England and Wales)
Registered Office
14 Haytor Gardens Tenby SA70 8HW United Kingdom
- 3 -
Sea Salt Tenby Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
426,100
420,500
Current assets
Cash at bank and in hand
1,136
495
Creditors: amounts falling due within one year
5
(228,516)
(208,115)
Net current liabilities
(227,380)
(207,620)
Total assets less current liabilities
198,720
212,880
Creditors: amounts falling due after more than one year
6
(204,761)
(219,909)
Net liabilities
(6,041)
(7,029)
Capital and reserves
Called up share capital
50
50
Profit and loss account
(6,091)
(7,079)
Shareholders' funds
(6,041)
(7,029)
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 September 2025 and were signed on its behalf by
Neil Thomas Director Company Registration No. 14635542
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Sea Salt Tenby Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Sea Salt Tenby Ltd is a private company, limited by shares, registered in England and Wales, registration number 14635542. The registered office is 14 Haytor Gardens, Tenby, SA70 8HW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance Method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
420,500
-
420,500
Additions
-
6,000
6,000
At 28 February 2025
420,500
6,000
426,500
Depreciation
Charge for the year
-
400
400
At 28 February 2025
-
400
400
Net book value
At 28 February 2025
420,500
5,600
426,100
At 29 February 2024
420,500
-
420,500
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
15,040
-
Loans from directors
212,301
207,590
Accruals
1,175
525
228,516
208,115
- 5 -
Sea Salt Tenby Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
204,761
219,909
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -