Seaburn Beach Cafe Limited,Ltd - AccountsLtd - Accounts

SEABURN BEACH CAFE LIMITED - Company Information

2021-03-01 10017123 2022-02-28 10017123 2021-03-01 2022-02-28 10017123 2021-02-28 10017123 2020-03-01 2021-02-28 10017123 uk-core:WithinOneYear 2021-02-28 10017123 uk-core:WithinOneYear 2022-02-28 10017123 uk-core:AfterOneYear 2021-02-28 10017123 uk-core:AfterOneYear 2022-02-28 10017123 uk-core:ShareCapital 2022-02-28 10017123 uk-core:ShareCapital 2021-02-28 10017123 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 10017123 uk-core:RetainedEarningsAccumulatedLosses 2021-02-28 10017123 uk-bus:Director1 2021-03-01 2022-02-28 10017123 uk-core:LeaseholdImprovements 2021-03-01 2022-02-28 10017123 uk-core:PlantMachinery 2021-03-01 2022-02-28 10017123 uk-core:CommercialMotorVehicles 2021-03-01 2022-02-28 10017123 uk-core:FurnitureFittings 2021-03-01 2022-02-28 10017123 uk-core:FurnitureFittings 2021-02-28 10017123 uk-core:CommercialMotorVehicles 2021-02-28 10017123 uk-core:PlantMachinery 2021-02-28 10017123 uk-core:LeaseholdImprovements 2021-02-28 10017123 uk-core:PlantMachinery 2022-02-28 10017123 uk-core:CommercialMotorVehicles 2022-02-28 10017123 uk-core:FurnitureFittings 2022-02-28 10017123 uk-core:LeaseholdImprovements 2022-02-28 10017123 uk-core:WithinOneYear 2022-02-28 10017123 uk-core:WithinOneYear 2021-02-28 10017123 uk-core:AfterOneYear uk-core:Secured 2022-02-28 10017123 uk-core:AfterOneYear uk-core:Secured 2021-02-28 10017123 1 uk-bus:Director1 2021-03-01 2022-02-28 10017123 1 uk-bus:Director1 2022-02-28 10017123 1 uk-bus:Director1 2021-02-28 10017123 uk-core:BetweenTwoFiveYears 2021-02-28 10017123 uk-core:BetweenTwoFiveYears 2022-02-28 iso4217:GBP xbrli:pure 10017123 uk-bus:AuditExemptWithAccountantsReport 2021-03-01 2022-02-28 10017123 uk-bus:FRS102 2021-03-01 2022-02-28 10017123 uk-bus:FullAccounts 2021-03-01 2022-02-28 10017123 uk-bus:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28

Seaburn Beach Cafe Limited

Registered Number:10017123

For the year ended 28 February 2022

England and Wales

Unaudited Financial Statements

For the year ended 28 February 2022

Seaburn Beach Cafe Limited

Contents Page

Statement of Financial Position

2 to 5

Notes to the Financial Statements

Registered Number :

10017123

As at 28 February 2022

Seaburn Beach Cafe Limited

Statement of Financial Position

2021

2022

Notes

Fixed assets

Property, plant and equipment

36,555

30,517

36,555

30,517

Current assets

Inventories

1,900

Trade and other receivables

133,758

146,796

85,058

Cash and cash equivalents

75,599

224,295

220,716

Trade and other payables: amounts falling due within one

year

(160,307)

(134,370)

60,409

89,925

Net current assets

Total assets less current liabilities

126,480

90,926

Trade and other payables: amounts falling due after more

than one year

(42,500)

(31,873)

94,607

Net assets

48,426

Capital and reserves

Called up share capital

Retained earnings

94,606

48,425

94,607

48,426

Shareholders' funds

For the year ended 28 February 2022 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 of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mrs Donna O'Brien Director

These financial statements were approved and authorised for issue by the Board on 09 March 2023 and were signed by:

The notes form part of these financial statements

1 of 5

For the year ended 28 February 2022

Seaburn Beach Cafe Limited

Notes to the Financial Statements

Statutory Information

Seaburn Beach Cafe Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 10017123.

Registered address:

Funky Beach Cafe

Lower Promenade, Whitburn Road

Sunderland

Tyne & Wear

SR6 8AA

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

10% Straight line

Plant and Machinery

20% Straight line

25% Reducing balance

Motor Vehicles

20% Straight line

Furniture and Fittings

Inventories

Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.

2 of 5

For the year ended 28 February 2022

Seaburn Beach Cafe Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Furniture and

Fittings

Motor Vehicles

Plant and

Machinery

Land and

Buildings

Cost or

valuation

At 01 March 2021

73,362

6,417

20,801

35,527

10,617

17,695

604

16,593

498

Additions

At 28 February 2022

36,025

37,394

7,021

91,057

10,617

Provision for depreciation and impairment

At 01 March 2021

42,845

5,252

32,683

4,910

Charge for year

11,657

811

7,011

2,774

1,061

At 28 February 2022

54,502

6,063

7,011

35,457

5,971

At 28 February 2022

Net book value

4,646

568

30,383

958

36,555

At 28 February 2021

5,707

2,844

20,801

1,165

30,517

3. Inventories

2021

2022

Stocks

1,900

4. Trade and other receivables

2021

2022

Trade debtors

5,000

Amounts owed by group undertakings and participating interests

115,387

110,387

Other debtors

26,409

18,371

133,758

146,796

3 of 5

For the year ended 28 February 2022

Seaburn Beach Cafe Limited

Notes to the Financial Statements Continued

5. Trade and other payables: amounts falling due within one year

2021

2022

Bank loans and overdraft

10,000

7,500

Trade creditors

6,787

11,582

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

96,042

95,000

Taxation and social security

18,032

23,675

Other creditors

3,509

22,550

134,370

160,307

6. Trade and other payables: amounts falling due after more than one year

2021

2022

Bank loans and overdraft

31,873

42,500

7. Related party transactions

As at 28 February 2022, D L O'Brien (director) owed £25,658 (year ended 28 February 2021 - £21,789). This balance

arose in relation to a loan to the company of £1200 and drawings of £48647.

As at 28 February 2022, Kenron Developments Limited (mutual director in company) was owed £95,000 (year

ended 28 February 2021 - £95,000). This balance was in relation to a loan.

8. Directors advances and guarantees

At 01/03/2021

Loaned

Repaid

At 28/02/2022

Mrs Donna O'Brien

Loan

25,658

(21,789)

48,647

1,200

25,658

(21,789)

48,647

1,200

4 of 5

For the year ended 28 February 2022

Seaburn Beach Cafe Limited

Notes to the Financial Statements Continued

9. Guarantees and other financial commitments

Lease commitments

At 28 February 2022 the company had annual commitments under non-cancellable operating leases as set out

below:

2021

2022

Operating leases which expire:

15,866

19,039

Within 1 year

8,055

Within 2 to 5 years

15,866

27,094

10. Average number of persons employed

During the year the average number of employees was 8 (2021 : 6)

5 of 5