1 June 2024 false No description of principal activity Taxfiler 2024.6 13325876 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13325876 2024-05-31 13325876 2024-06-01 2025-05-31 13325876 business:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 13325876 business:AbridgedAccounts 2024-06-01 2025-05-31 13325876 2025-05-31 13325876 business:Director1 2024-06-01 2025-05-31 13325876 business:RegisteredOffice 2024-06-01 2025-05-31 13325876 2024-05-31 13325876 core:WithinOneYear 2025-05-31 13325876 core:WithinOneYear 2024-05-31 13325876 core:AfterOneYear 2025-05-31 13325876 core:AfterOneYear 2024-05-31 13325876 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 13325876 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 13325876 core:PreviouslyStatedAmount 2025-05-31 13325876 core:PreviouslyStatedAmount 2024-05-31 13325876 business:SmallEntities 2024-06-01 2025-05-31 13325876 countries:EnglandWales 2024-06-01 2025-05-31 13325876 core:PlantMachinery 2024-06-01 2025-05-31 13325876 core:FurnitureFittings 2024-06-01 2025-05-31 13325876 core:ComputerEquipment 2024-06-01 2025-05-31 13325876 core:MoreThanFiveYears 2025-05-31 13325876 core:MoreThanFiveYears 2024-05-31 13325876 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 13325876 (England and Wales)
Lookout on the Pier Limited Unaudited accounts for the year ended 31 May 2025
Lookout on the Pier Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Lookout on the Pier Limited Company Information for the year ended 31 May 2025
Director
Gillian Partridge
Company Number
13325876 (England and Wales)
Registered Office
Flat 4 Weldon Court Weaponness Park Scarborough North Yorkshire YO11 2UA
- 3 -
Lookout on the Pier Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
52,500
52,500
Tangible assets
5
22,560
26,329
75,060
78,829
Current assets
Inventories
20,500
14,750
Debtors
-
12,182
Cash at bank and in hand
153,641
98,294
174,141
125,226
Creditors: amounts falling due within one year
(19,776)
(50,172)
Net current assets
154,365
75,054
Total assets less current liabilities
229,425
153,883
Creditors: amounts falling due after more than one year
(28,703)
(34,259)
Net assets
200,722
119,624
Capital and reserves
Profit and loss account
200,722
119,624
Shareholders' funds
200,722
119,624
For the year ending 31 May 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 her 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 the year in accordance with Section 444(2A).
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 February 2026 and were signed on its behalf by
Gillian Partridge Director Company Registration No. 13325876
- 4 -
Lookout on the Pier Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Lookout on the Pier Limited is a private company, limited by shares, registered in England and Wales, registration number 13325876. The registered office is Flat 4 Weldon Court, Weaponness Park , Scarborough, North Yorkshire, YO11 2UA.
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% straight line
Fixtures & fittings
20% reducing balance
Computer equipment
33% reducing balance
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Lookout on the Pier Limited Notes to the Accounts for the year ended 31 May 2025
4
Intangible fixed assets
Total
£
Cost
At 1 June 2024
52,500
At 31 May 2025
52,500
Amortisation
At 1 June 2024
-
At 31 May 2025
-
Net book value
At 31 May 2025
52,500
At 31 May 2024
52,500
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
64,091
Additions
3,536
At 31 May 2025
67,627
Depreciation
At 1 June 2024
37,762
Charge for the year
7,305
At 31 May 2025
45,067
Net book value
At 31 May 2025
22,560
At 31 May 2024
26,329
6
Operating lease commitments
2025
2024
£
£
At 31 May 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than five years
76,541
84,892
7
Average number of employees
During the year the average number of employees was 16 (2024: 16).
- 6 -