Silverfin false false 30/04/2025 01/05/2024 30/04/2025 D A. Attrill 03/11/2025 S J Attrill 31/08/2016 16 January 2026 The principal activity of the Company during the financial year is that of the operation of the restaurant. 10352545 2025-04-30 10352545 bus:Director1 2025-04-30 10352545 bus:Director2 2025-04-30 10352545 2024-04-30 10352545 core:CurrentFinancialInstruments 2025-04-30 10352545 core:CurrentFinancialInstruments 2024-04-30 10352545 core:Non-currentFinancialInstruments 2025-04-30 10352545 core:Non-currentFinancialInstruments 2024-04-30 10352545 core:ShareCapital 2025-04-30 10352545 core:ShareCapital 2024-04-30 10352545 core:RevaluationReserve 2025-04-30 10352545 core:RevaluationReserve 2024-04-30 10352545 core:RetainedEarningsAccumulatedLosses 2025-04-30 10352545 core:RetainedEarningsAccumulatedLosses 2024-04-30 10352545 core:LandBuildings 2024-04-30 10352545 core:FurnitureFittings 2024-04-30 10352545 core:OtherPropertyPlantEquipment 2024-04-30 10352545 core:LandBuildings 2025-04-30 10352545 core:FurnitureFittings 2025-04-30 10352545 core:OtherPropertyPlantEquipment 2025-04-30 10352545 2024-05-01 2025-04-30 10352545 bus:FilletedAccounts 2024-05-01 2025-04-30 10352545 bus:SmallEntities 2024-05-01 2025-04-30 10352545 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 10352545 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10352545 bus:Director1 2024-05-01 2025-04-30 10352545 bus:Director2 2024-05-01 2025-04-30 10352545 core:FurnitureFittings 2024-05-01 2025-04-30 10352545 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-05-01 2025-04-30 10352545 2023-05-01 2024-04-30 10352545 core:LandBuildings 2024-05-01 2025-04-30 10352545 core:OtherPropertyPlantEquipment 2024-05-01 2025-04-30 10352545 core:Non-currentFinancialInstruments 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Company No: 10352545 (England and Wales)

# SEASIDE STEVE COMPANY LIMITED

### Unaudited Financial Statements
For the financial year ended 30 April 2025
Pages for filing with the registrar

SEASIDE STEVE COMPANY LIMITED

## Unaudited Financial Statements

For the financial year ended 30 April 2025

Contents

SEASIDE STEVE COMPANY LIMITED

## BALANCE SHEET

As at 30 April 2025
SEASIDE STEVE COMPANY LIMITED

## BALANCE SHEET (continued)

As at 30 April 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 1,149,543 |  | 1,146,391
|  | 1,149,543 |  | 1,146,391
Current assets |  |  |  |
Stocks |  | 20,046 |  | 30,733
Debtors | 4 | 5,482 |  | 2,835
Cash at bank and in hand |  | 101,026 |  | 78,251
|  | 126,554 |  | 111,819
Creditors: amounts falling due within one year | 5 | ( 1,046,993) |  | ( 884,885)
Net current liabilities |  | (920,439) |  | (773,066)
Total assets less current liabilities |  | 229,104 |  | 373,325
Creditors: amounts falling due after more than one year | 6 | ( 368,844) |  | ( 447,637)
Net liabilities |  | ( 139,740) |  | ( 74,312)
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Revaluation reserve |  | 290,208 |  | 290,208
Profit and loss account |  | ( 430,048 ) |  | ( 364,620 )
Total shareholders' deficit |  | ( 139,740) |  | ( 74,312)

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Seaside Steve Company Limited (registered number: 10352545) were approved and authorised for issue by the Board of Directors on 16 January 2026. They were signed on its behalf by:

D A. Attrill Director |

SEASIDE STEVE COMPANY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
SEASIDE STEVE COMPANY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Seaside Steve Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW, United Kingdom. The principal place of business is The Clubhouse, Beach Road, West Bexington, Dorset, DT2 9DG, England.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £139,740. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

##### Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings | not depreciated
Fixtures and fittings | 25 - 33.33 % reducing balance
Other property, plant and equipment | 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Leases

The Company as lessee
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 1 |  | 1

#### 3. Tangible assets

| Land and buildings |  | Fixtures and fittings |  | Other property, plant and equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 May 2024 | 960,000 |  | 71,632 |  | 388,822 |  | 1,420,454
Additions | 0 |  | 2,421 |  | 47,972 |  | 50,393
At 30 April 2025 | 960,000 |  | 74,053 |  | 436,794 |  | 1,470,847
Accumulated depreciation |  |  |  |  |  |  |
At 01 May 2024 | 0 |  | 56,322 |  | 217,741 |  | 274,063
Charge for the financial year | 0 |  | 4,302 |  | 42,939 |  | 47,241
At 30 April 2025 | 0 |  | 60,624 |  | 260,680 |  | 321,304
Net book value |  |  |  |  |  |  |
At 30 April 2025 | 960,000 |  | 13,429 |  | 176,114 |  | 1,149,543
At 30 April 2024 | 960,000 |  | 15,310 |  | 171,081 |  | 1,146,391

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 4,277 |  | 0
Other debtors | 1,205 |  | 2,835
| 5,482 |  | 2,835

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 74,911 |  | 74,062
Trade creditors | 25,062 |  | 18,234
Other taxation and social security | 15,916 |  | 16,246
Other creditors | 931,104 |  | 776,343
| 1,046,993 |  | 884,885

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 368,844 |  | 447,637

There are no amounts included above in respect of which any security has been given by the small entity.