IRIS Accounts Production v22.1.4.3 10739858 Board of Directors Board of Directors 1.1.21 31.12.21 31.12.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure107398582020-12-31107398582021-12-31107398582021-01-012021-12-31107398582019-12-31107398582020-01-012020-12-31107398582020-12-3110739858ns16:EnglandWales2021-01-012021-12-3110739858ns15:PoundSterling2021-01-012021-12-3110739858ns11:Director12021-01-012021-12-3110739858ns11:Director22021-01-012021-12-3110739858ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3110739858ns11:SmallEntities2021-01-012021-12-3110739858ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3110739858ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3110739858ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3110739858ns11:FullAccounts2021-01-012021-12-3110739858ns11:RegisteredOffice2021-01-012021-12-3110739858ns6:CurrentFinancialInstruments2021-12-3110739858ns6:CurrentFinancialInstruments2020-12-3110739858ns6:ShareCapital2021-12-3110739858ns6:ShareCapital2020-12-3110739858ns6:RetainedEarningsAccumulatedLosses2021-12-3110739858ns6:RetainedEarningsAccumulatedLosses2020-12-3110739858ns6:PlantMachinery2021-01-012021-12-3110739858ns6:FurnitureFittings2021-01-012021-12-3110739858ns6:MotorVehicles2021-01-012021-12-3110739858ns6:PlantMachinery2020-12-3110739858ns6:FurnitureFittings2020-12-3110739858ns6:MotorVehicles2020-12-3110739858ns6:PlantMachinery2021-12-3110739858ns6:FurnitureFittings2021-12-3110739858ns6:MotorVehicles2021-12-3110739858ns6:PlantMachinery2020-12-3110739858ns6:FurnitureFittings2020-12-3110739858ns6:MotorVehicles2020-12-3110739858ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3110739858ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-3110739858ns6:CurrentFinancialInstruments2021-01-012021-12-3110739858ns11:Director112020-12-3110739858ns11:Director112019-12-3110739858ns11:Director112021-01-012021-12-3110739858ns11:Director112020-01-012020-12-3110739858ns11:Director112021-12-3110739858ns11:Director112020-12-31107398582ns11:Director22020-12-31107398582ns11:Director22019-12-31107398582ns11:Director22021-01-012021-12-31107398582ns11:Director22020-01-012020-12-31107398582ns11:Director22021-12-31107398582ns11:Director22020-12-31
REGISTERED NUMBER: 10739858 (England and Wales)










WHITESANDS BEACH COTTAGES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021






WHITESANDS BEACH COTTAGES LIMITED (REGISTERED NUMBER: 10739858)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WHITESANDS BEACH COTTAGES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: E A Davies
Mrs M A Davies





REGISTERED OFFICE: 45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP





REGISTERED NUMBER: 10739858 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

WHITESANDS BEACH COTTAGES LIMITED (REGISTERED NUMBER: 10739858)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,268 57,611

CURRENT ASSETS
Debtors 5 65,024 65,890
Cash at bank 4,600 1,431
69,624 67,321
CREDITORS
Amounts falling due within one year 6 57,901 67,968
NET CURRENT ASSETS/(LIABILITIES) 11,723 (647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,991

56,964

PROVISIONS FOR LIABILITIES 9,061 10,958
NET ASSETS 53,930 46,006

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 53,928 46,004
53,930 46,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

WHITESANDS BEACH COTTAGES LIMITED (REGISTERED NUMBER: 10739858)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2021


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2022 and were signed on its behalf by:




E A Davies - Director



Mrs M A Davies - Director


WHITESANDS BEACH COTTAGES LIMITED (REGISTERED NUMBER: 10739858)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

Whitesands Beach Cottages Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Motor vehicles - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

WHITESANDS BEACH COTTAGES LIMITED (REGISTERED NUMBER: 10739858)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2021 25,640 18,764 42,541 86,945
Additions - 5,521 - 5,521
At 31 December 2021 25,640 24,285 42,541 92,466
DEPRECIATION
At 1 January 2021 4,940 5,783 18,611 29,334
Charge for year 3,105 2,777 5,982 11,864
At 31 December 2021 8,045 8,560 24,593 41,198
NET BOOK VALUE
At 31 December 2021 17,595 15,725 17,948 51,268
At 31 December 2020 20,700 12,981 23,930 57,611

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 65,024 65,890

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Hire purchase contracts 25,372 29,294
Trade creditors 5,388 6,673
Taxation and social security 24,778 30,856
Other creditors 2,363 1,145
57,901 67,968

A charge is held by National Westminster Bank PLC dated 27 March 2018.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2021 and 31 December 2020:

2021 2020
£    £   
E A Davies
Balance outstanding at start of year 24,538 21,120
Amounts advanced - 11,074
Amounts repaid - (7,656 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,538 24,538

WHITESANDS BEACH COTTAGES LIMITED (REGISTERED NUMBER: 10739858)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs M A Davies
Balance outstanding at start of year 24,538 21,120
Amounts advanced - 11,074
Amounts repaid - (7,656 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,538 24,538

The loans are repayable on demand.
Interest is charged, where applicable, at the official rate.