Pier-View Leisure Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08038166

Pier-View Leisure Limited

Filleted Unaudited Financial Statements

31 March 2026

Pier-View Leisure Limited

Statement of Financial Position

31 March 2026

	31 Mar 26		28 Feb 25
Note	£	£	£

Fixed assets

Tangible assets	4		3,487	4,102

Current assets

Debtors	5	21,506		21,506

Creditors: amounts falling due within one year	6	40,756		41,716
		--------		--------
Net current liabilities			19,250	20,210
			--------	--------
Total assets less current liabilities			( 15,763)	( 16,108)

Creditors: amounts falling due after more than one year	7	1,794	–
		--------	--------
Net liabilities		( 17,557)	( 16,108)
		--------	--------

Pier-View Leisure Limited

Statement of Financial Position (continued)

31 March 2026

	31 Mar 26		28 Feb 25
Note	£	£	£

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 17,558)	( 16,109)
	--------	--------
Shareholders deficit	( 17,557)	( 16,108)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 March 2026 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 financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 5 June 2026 , and are signed on behalf of the board by:

Mr E Hilton
Director

Company registration number: 08038166

Pier-View Leisure Limited

Notes to the Financial Statements

Period from 1 March 2025 to 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Swallow House, Parsons Road, Washington, Tyne and Wear, NE37 1EZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

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 entity after deducting all of its financial liabilities.

4. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 March 2025 and 31 March 2026	19,648	19,648
	--------	--------
Depreciation
At 1 March 2025	15,546	15,546
Charge for the period	615	615
	--------	--------
At 31 March 2026	16,161	16,161
	--------	--------
Carrying amount
At 31 March 2026	3,487	3,487
	--------	--------
At 28 February 2025	4,102	4,102
	--------	--------

5. Debtors

	31 Mar 26	28 Feb 25
	£	£
Other debtors	21,506	21,506
	--------	--------

6. Creditors: amounts falling due within one year

	31 Mar 26	28 Feb 25
	£	£
Social security and other taxes	39,956	40,116
Other creditors	800	1,600
	--------	--------
	40,756	41,716
	--------	--------

7. Creditors: amounts falling due after more than one year

	31 Mar 26	28 Feb 25
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,794	–
	-------	----

8. Director's advances, credits and guarantees

Included within other debtors, there is a directors loan balance of £9,755(2025 :£9,755).

9. Related party transactions

At 31 March 2026, the company owes associated company Long Beach View Ltd £1,794.