Company registration number 03867797 (England and Wales)
CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
COMPANY INFORMATION
Directors
J M Lambert
M C Parfitt
J L Pearcey
P A Knibbs
K A Holt
(Appointed 28 March 2025)
Secretary
M C Parfitt
Company number
03867797
Registered office
Flat 5 Channel View
Warren Edge Road
Southbourne
Bournemouth
BH6 4AX
Accountants
Pearson May
37 Great Pulteney Street
Bath
BA2 4DA
Bankers
Santander UK plc
24 High Street
Christchurch
Dorset
BH23 1DH
CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1
1
Reserves
Revaluation reserve
4
(1,086)
(1,086)
Other reserves
1,087
1,087
Total members' funds
1
1

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

T he members have not required the company to obtain an audit of its financial statements for the year in question 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.

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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 May 2026 and are signed on its behalf by:
M C Parfitt
Director
Company registration number 03867797 (England and Wales)
CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Channel View (Southbourne) Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is Flat 5 Channel View, Warren Edge Road, Southbourne, Bournemouth, BH6 4AX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

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 financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Income and expenditure

The company has no income or expenditure in its own right. All transactions in the year relate to maintenance of the common parts in accordance with the lease. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of Channel View are held on trust for the residents.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Not depreciated

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.

1.7

Contractual commitments

The company contracts with third parties in its own name for the supply of services to the property for maintenance of the common parts in accordance with the terms of the lease. At 31 October 20 25 the company had not entered into any non-cancellable contractual agreements (20 24 - none).

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
5
5
CHANNEL VIEW (SOUTHBOURNE) LTD
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
3
Tangible fixed assets
Total
£
Cost
At 1 November 2024 and 31 October 2025
1,087
Depreciation and impairment
At 1 November 2024 and 31 October 2025
1,086
Carrying amount
At 31 October 2025
1
At 31 October 2024
1
4
Revaluation reserve
2025
2024
£
£
At the beginning and end of the year
(1,086)
(1,086)
5
Corporation tax

There is no corporation tax payable based on the results for the year (2024 - no corporation tax payable).

6
Company limited by guarantee

The liability of members is limited. In the event of the company being wound up, the members have undertaken to contribute to the assets of the company such amounts as may be required not exceeding £1.

2025-10-31 2024-11-01 false false false 13 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity J M Lambert M C Parfitt J L Pearcey J Turner P A Knibbs K A Holt M C Parfitt 03867797 2024-11-01 2025-10-31 03867797 bus:Director1 2024-11-01 2025-10-31 03867797 bus:Director2 2024-11-01 2025-10-31 03867797 bus:Director3 2024-11-01 2025-10-31 03867797 bus:Director5 2024-11-01 2025-10-31 03867797 bus:Director6 2024-11-01 2025-10-31 03867797 bus:CompanySecretary1 2024-11-01 2025-10-31 03867797 bus:Director4 2024-11-01 2025-10-31 03867797 bus:RegisteredOffice 2024-11-01 2025-10-31 03867797 bus:Agent1 2024-11-01 2025-10-31 03867797 2025-10-31 03867797 2024-10-31 03867797 core:RevaluationReserve 2025-10-31 03867797 core:RevaluationReserve 2024-10-31 03867797 core:OtherMiscellaneousReserve 2025-10-31 03867797 core:OtherMiscellaneousReserve 2024-10-31 03867797 core:LandBuildings core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 03867797 2023-11-01 2024-10-31 03867797 2024-10-31 03867797 bus:CompanyLimitedByGuarantee 2024-11-01 2025-10-31 03867797 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 03867797 bus:FRS102 2024-11-01 2025-10-31 03867797 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 03867797 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP