SA1 WATERFRONT DEVELOPMENT LTD


Director	ALHARTHI, Mohammed Omar Ali Binhaider


Registered Address	56 Oldham Road
	Taxstats
	Ashton-Under-Lyne
	OL6 7AP


Registered Number	11050639 (England and Wales)

Statement of Financial Position
30 November 2025

	2025 £	2024 £
Assets
Called up share capital not paid	100	100
Current Assets	6,674,226	6,674,223
	6,674,326	6,674,323
Capital, Reserves and Liabilities
Capital and reserves	4,301,628	1,301,625
Creditors amounts falling due within one year	682,336	3,682,336
Accruals and deferred income	1,690,362	1,690,362
	6,674,326	6,674,323

The company is a private company limited by shares and registered in England and Wales. It 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Average number of employees
The average number of persons employed by the company in the period was 0 (previous period: 0).
Off Balance Sheet Arrangements
On 1 July 2026 the company discharged in full its obligations to University of Wales: Trinity Saint David under the Framework Agreement dated 19 April 2018 and the Alliance Agreement dated 8 November 2018 (as amended), comprising £2,445,000 in respect of the purchase of Plots E6, E7 and E8, SA1 Swansea Waterfront, together with interest and a contribution to the chargee's legal costs. In consequence the two charges dated 6 October 2020, constituting first legal mortgages over the leasehold interests in Plot C4 (title number CYM709963) and Plot E9 and part F (title number CYM709986), were released on 8 June 2026 and statements of satisfaction in full were registered at Companies House on 1 July 2026. The company's assets were therefore unencumbered at the date of approval of these financial statements. The settlement was funded by [shareholder loan / group company]. This is a non-adjusting event and no adjustment has been made to the amounts recognised at 30 November 2025.

The financial statements were approved and authorised for issue by the Board of Directors on 31 August 2026, and are signed on its behalf by:

ALHARTHI, Mohammed Omar Ali Binhaider
Director
Registered Company No. 11050639