Coastal Developments (NW) Ltd

Coastal Developments (NW) Ltd
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	533,516	533,887
		533,516	533,887
Current assets
Cash at bank and in hand		6,457	6,183
Creditors: amount falling due within one year	4	(533,373)	(537,870)
Net current assets		(526,916)	(531,687)

Total assets less current liabilities		6,600	2,200
Creditors: amount falling due after more than one year	5	(49,392)	(49,392)
Net assets		(42,792)	(47,192)

Capital and reserves
Called up share capital	6	102	102
Profit and loss account		(42,894)	(47,294)
Shareholders' funds		(42,792)	(47,192)

For the year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 06 May 2026 and were signed by:

-------------------------------
Ryan Thomas Joseph Foley
Director

Coastal Developments (NW) Ltd
Notes to the Financial Statements
For the year ended 31 May 2025

General Information

Coastal Developments (NW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10168963, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£	£
At 01 June 2024	532,404	1,003	2,064	535,471
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 May 2025	532,404	1,003	2,064	535,471
Depreciation
At 01 June 2024	-	595	989	1,584
Charge for year	-	102	269	371
On disposals	-	-	-	-
At 31 May 2025	-	697	1,258	1,955
Net book values
Closing balance as at 31 May 2025	532,404	306	806	533,516
Opening balance as at 01 June 2024	532,404	408	1,075	533,887

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	12,085	12,085
Bank Loans & Overdrafts	348,252	374,370
Accrued Expenses	2,605	2,605
Other Creditors	28,863	-
Directors' Current Accounts	123,075	123,073
VAT	18,493	25,737
	533,373	537,870

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	49,392		49,392
	49,392		49,392

Share Capital

Authorised
102 Ordinary shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
102 Ordinary shares of £1.00 each	102		102
	102		102

Registered Number: 10168963
England and Wales
Filleted Accounts

for the year ended 31 May 2025
for
COASTAL DEVELOPMENTS (NW) LTD