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Company Registration No. 11627300 (England and Wales)
SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Unaudited accounts for the year ended 31 October 2025
SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Company Information for the year ended 31 October 2025
Director
Liam Searle
Company Number
11627300 (England and Wales)
Registered Office
Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX
Accountants
Thyme Accounting Services Limited Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX
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SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Accountants' report
Accountants' report to the director of SOUTH COAST MANAGEMENT (SWANAGE) LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SOUTH COAST MANAGEMENT (SWANAGE) LIMITED for the year ended 31 October 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SOUTH COAST MANAGEMENT (SWANAGE) LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SOUTH COAST MANAGEMENT (SWANAGE) LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SOUTH COAST MANAGEMENT (SWANAGE) LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SOUTH COAST MANAGEMENT (SWANAGE) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SOUTH COAST MANAGEMENT (SWANAGE) LIMITED. You consider that SOUTH COAST MANAGEMENT (SWANAGE) LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SOUTH COAST MANAGEMENT (SWANAGE) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thyme Accounting Services Limited Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX 14 August 2026
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SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
250,279 
250,555 
Current assets
Inventories
24,500 
22,000 
Debtors
6
69,139 
44,148 
Cash at bank and in hand
24,730 
22,429 
118,369 
88,577 
Creditors: amounts falling due within one year
7
(190,220)
(145,204)
Net current liabilities
(71,851)
(56,627)
Total assets less current liabilities
178,428 
193,928 
Creditors: amounts falling due after more than one year
8
(159,599)
(185,259)
Net assets
18,829 
8,669 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
18,828 
8,668 
Shareholders' funds
18,829 
8,669 
For the year ending 31 October 2025 the company 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 August 2026 and were signed on its behalf by
Liam Searle Director Company Registration No. 11627300
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SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
SOUTH COAST MANAGEMENT (SWANAGE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11627300. The registered office is Flat 10 Leighton Lodge, 15 Branksome Wood Road, Bournemouth, Dorset, BH2 6BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on a straight line basis
Plant & machinery
25% on a reducing balance basis
Fixtures & fittings
25% on a reducing balance basis
Computer equipment
25% on a reducing balance basis
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2024
17,500 
At 31 October 2025
17,500 
Amortisation
At 1 November 2024
17,500 
At 31 October 2025
17,500 
Net book value
At 31 October 2025
- 
Goodwill is being amortised evenly over its estimated useful life of 5 years
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SOUTH COAST MANAGEMENT (SWANAGE) LIMITED Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2024
249,450 
427 
5,600 
255,477 
At 31 October 2025
249,450 
427 
5,600 
255,477 
Depreciation
At 1 November 2024
- 
374 
4,548 
4,922 
Charge for the year
- 
36 
240 
276 
At 31 October 2025
- 
410 
4,788 
5,198 
Net book value
At 31 October 2025
249,450 
17 
812 
250,279 
At 31 October 2024
249,450 
53 
1,052 
250,555 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
68,733 
44,148 
Other debtors
406 
- 
69,139 
44,148 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
141 
VAT
3,739 
3,254 
Amounts owed to group undertakings and other participating interests
26,750 
20,150 
Taxes and social security
18,836 
13,718 
Other creditors
267 
275 
Loans from directors
134,428 
107,666 
Accruals
6,200 
- 
190,220 
145,204 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
159,599 
180,759 
Accruals
- 
4,500 
159,599 
185,259 
Allica Bank hold a charge over the company's freehold and leasehold properties.
9
Average number of employees
During the year the average number of employees was 7 (2024: 6).
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