Seaview Mini Market (BH) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 8695666

Seaview Mini Market (BH) Limited

Filleted Unaudited Financial Statements

31 January 2026

Seaview Mini Market (BH) Limited

Financial Statements

Year ended 31 January 2026

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

Seaview Mini Market (BH) Limited

Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	6	40,991	42,854

Current assets

Stocks		50,835	49,884
Debtors	7	20,566	18,577
Cash at bank and in hand		267,457	230,877
		---------	---------
		338,858	299,338

Creditors: amounts falling due within one year	8	( 100,890)	( 93,092)
		---------	---------
Net current assets		237,968	206,246
		---------	---------
Total assets less current liabilities		278,959	249,100

Creditors: amounts falling due after more than one year	9	( 15,860)	( 16,198)

Provisions

Taxation including deferred tax	10	( 7,701)	( 7,689)
		---------	---------
Net assets		255,398	225,213
		---------	---------

Capital and reserves

Called up share capital	12	1,000	100
Profit and loss account		254,398	225,113
		---------	---------
Shareholders funds		255,398	225,213
		---------	---------

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 year ending 31 January 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 year in question in accordance with section 476 ;

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

Seaview Mini Market (BH) Limited

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 7 July 2026 , and are signed on behalf of the board by:

SJ Mock
Director

Company registration number: 8695666

Seaview Mini Market (BH) Limited

Notes to the Financial Statements

Year ended 31 January 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 33 Enfield Road, Broad Haven, Haverfordwest, Pembrokeshire, SA62 3JW.

2. Statement of compliance

These financial statements have been prepared in accordance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

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.

Going concern

The director has a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason, the director continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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.

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:

Shop Fittings	-	20% reducing balance
Equipment	-	20 % reducing balance
Property Improvements	-	2 % straight line

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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 23 (2025: 24 ).

5. Tax on profit

Major components of tax expense

	2026	2025
	£	£

Current tax:

UK current tax expense	10,183	–
Adjustments in respect of prior periods	–	( 3,143)
	--------	-------
Total current tax	10,183	( 3,143)
	--------	-------

Deferred tax:

Origination and reversal of timing differences	12	6,994
	--------	-------
Tax on profit	10,195	3,851
	--------	-------

6. Tangible assets

	Shop Fittings	Equipment	Property Improvements	Total
	£	£	£	£
Cost
At 1 February 2025 and 31 January 2026	26,338	18,527	38,107	82,972
	--------	--------	--------	--------
Depreciation
At 1 February 2025	24,076	15,280	762	40,118
Charge for the year	452	649	762	1,863
	--------	--------	--------	--------
At 31 January 2026	24,528	15,929	1,524	41,981
	--------	--------	--------	--------
Carrying amount
At 31 January 2026	1,810	2,598	36,583	40,991
	--------	--------	--------	--------
At 31 January 2025	2,262	3,247	37,345	42,854
	--------	--------	--------	--------

7. Debtors

	2026	2025
	£	£
Trade debtors	944	1,281
Other debtors	19,622	17,296
	--------	--------
	20,566	18,577
	--------	--------

Other debtors include an amount of £Nil (2025 - £Nil) falling due after more than one year.

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	20,707	30,972
Corporation tax	10,183	–
Social security and other taxes	15,656	8,824
Deferred grant income	337	337
Other creditors	54,007	52,959
	---------	--------
	100,890	93,092
	---------	--------

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

	2026	2025
	£	£
Deferred grant income	15,860	16,198
	--------	--------

Included within creditors: amounts falling due after more than one year is an amount of £14,510 (2025: £14,848) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.

10. Provisions

	Deferred tax (note 11)
	£
At 1 February 2025	7,689
Additions	12
	-------
At 31 January 2026	7,701
	-------

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2026	2025
	£	£
Included in provisions (note 10)	7,701	7,689
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2026	2025
	£	£
Accelerated capital allowances	7,701	7,689
	-------	-------

12. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	998	998	100	100
Ordinary A shares of £ 1 each	1	1	–	–
Ordinary B shares of £ 1 each	1	1	–	–
	-------	-------	----	----
	1,000	1,000	100	100
	-------	-------	----	----

Share movements

	No.	£

Ordinary

At 1 February 2025	100	100
Issue of shares	898	898
	----	----
At 31 January 2026	998	998
	----	----

	No.	£

Ordinary A

At 1 February 2025	–	–
Issue of shares	1	1
	----	----
At 31 January 2026	1	1
	----	----

	No.	£

Ordinary B

At 1 February 2025	–	–
Issue of shares	1	1
	----	----
At 31 January 2026	1	1
	----	----

13. Related party transactions

The company was under the control of SJ Mock throughout the current and previous year. SJ Mock is the managing director and majority shareholder. During the year the company paid dividends totalling £12,000 (2025 - £nil) to the shareholder.