2020-06-202021-06-302021-06-30false12685336SALACIA YACHTING LTD2022-09-0778300iso4217:GBPxbrli:pure126853362020-06-20126853362021-06-30126853362020-06-202021-06-30126853362020-06-19126853362020-06-19126853362020-06-192020-06-1912685336bus:SmallEntities2020-06-202021-06-3012685336bus:AuditExempt-NoAccountantsReport2020-06-202021-06-3012685336bus:FullAccounts2020-06-202021-06-3012685336bus:PrivateLimitedCompanyLtd2020-06-202021-06-3012685336core:WithinOneYear2021-06-3012685336core:AfterOneYear2021-06-3012685336core:WithinOneYear2020-06-1912685336core:AfterOneYear2020-06-1912685336core:ShareCapital2021-06-3012685336core:SharePremium2021-06-3012685336core:RevaluationReserve2021-06-3012685336core:OtherReservesSubtotal2021-06-3012685336core:RetainedEarningsAccumulatedLosses2021-06-3012685336core:ShareCapital2020-06-1912685336core:SharePremium2020-06-1912685336core:RevaluationReserve2020-06-1912685336core:OtherReservesSubtotal2020-06-1912685336core:RetainedEarningsAccumulatedLosses2020-06-1912685336core:LandBuildings2021-06-3012685336core:PlantMachinery2021-06-3012685336core:Vehicles2021-06-3012685336core:FurnitureFittings2021-06-3012685336core:OfficeEquipment2021-06-3012685336core:NetGoodwill2021-06-3012685336core:IntangibleAssetsOtherThanGoodwill2021-06-3012685336core:ListedExchangeTraded2021-06-3012685336core:UnlistedNon-exchangeTraded2021-06-3012685336core:LandBuildings2020-06-1912685336core:PlantMachinery2020-06-1912685336core:Vehicles2020-06-1912685336core:FurnitureFittings2020-06-1912685336core:OfficeEquipment2020-06-1912685336core:NetGoodwill2020-06-1912685336core:IntangibleAssetsOtherThanGoodwill2020-06-1912685336core:ListedExchangeTraded2020-06-1912685336core:UnlistedNon-exchangeTraded2020-06-1912685336core:LandBuildings2020-06-202021-06-3012685336core:PlantMachinery2020-06-202021-06-3012685336core:Vehicles2020-06-202021-06-3012685336core:FurnitureFittings2020-06-202021-06-3012685336core:OfficeEquipment2020-06-202021-06-3012685336core:NetGoodwill2020-06-202021-06-3012685336core:IntangibleAssetsOtherThanGoodwill2020-06-202021-06-3012685336core:ListedExchangeTraded2020-06-202021-06-3012685336core:UnlistedNon-exchangeTraded2020-06-202021-06-3012685336core:MoreThanFiveYears2020-06-202021-06-3012685336core:Non-currentFinancialInstruments2021-06-3012685336core:Non-currentFinancialInstruments2020-06-1912685336dpl:CostSales2020-06-202021-06-3012685336dpl:DistributionCosts2020-06-202021-06-3012685336dpl:AdministrativeExpenses2020-06-202021-06-3012685336core:LandBuildings2020-06-202021-06-3012685336core:PlantMachinery2020-06-202021-06-3012685336core:Vehicles2020-06-202021-06-3012685336core:FurnitureFittings2020-06-202021-06-3012685336core:OfficeEquipment2020-06-202021-06-3012685336core:NetGoodwill2020-06-202021-06-3012685336core:IntangibleAssetsOtherThanGoodwill2020-06-202021-06-3012685336dpl:GroupUndertakings2020-06-202021-06-3012685336dpl:ParticipatingInterests2020-06-202021-06-3012685336dpl:GroupUndertakingscore:ListedExchangeTraded2020-06-202021-06-3012685336core:ListedExchangeTraded2020-06-202021-06-3012685336dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-06-202021-06-3012685336core:UnlistedNon-exchangeTraded2020-06-202021-06-3012685336dpl:CostSales2020-06-192020-06-1912685336dpl:DistributionCosts2020-06-192020-06-1912685336dpl:AdministrativeExpenses2020-06-192020-06-1912685336core:LandBuildings2020-06-192020-06-1912685336core:PlantMachinery2020-06-192020-06-1912685336core:Vehicles2020-06-192020-06-1912685336core:FurnitureFittings2020-06-192020-06-1912685336core:OfficeEquipment2020-06-192020-06-1912685336core:NetGoodwill2020-06-192020-06-1912685336core:IntangibleAssetsOtherThanGoodwill2020-06-192020-06-1912685336dpl:GroupUndertakings2020-06-192020-06-1912685336dpl:ParticipatingInterests2020-06-192020-06-1912685336dpl:GroupUndertakingscore:ListedExchangeTraded2020-06-192020-06-1912685336core:ListedExchangeTraded2020-06-192020-06-1912685336dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-06-192020-06-1912685336core:UnlistedNon-exchangeTraded2020-06-192020-06-1912685336core:NetGoodwill2021-06-3012685336core:IntangibleAssetsOtherThanGoodwill2021-06-3012685336core:LandBuildings2021-06-3012685336core:PlantMachinery2021-06-3012685336core:Vehicles2021-06-3012685336core:FurnitureFittings2021-06-3012685336core:OfficeEquipment2021-06-3012685336core:AfterOneYear2021-06-3012685336core:WithinOneYear2021-06-3012685336core:ListedExchangeTraded2021-06-3012685336core:UnlistedNon-exchangeTraded2021-06-3012685336core:ShareCapital2021-06-3012685336core:SharePremium2021-06-3012685336core:RevaluationReserve2021-06-3012685336core:OtherReservesSubtotal2021-06-3012685336core:RetainedEarningsAccumulatedLosses2021-06-3012685336core:NetGoodwill2020-06-1912685336core:IntangibleAssetsOtherThanGoodwill2020-06-1912685336core:LandBuildings2020-06-1912685336core:PlantMachinery2020-06-1912685336core:Vehicles2020-06-1912685336core:FurnitureFittings2020-06-1912685336core:OfficeEquipment2020-06-1912685336core:AfterOneYear2020-06-1912685336core:WithinOneYear2020-06-1912685336core:ListedExc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SALACIA YACHTING LTD

Registered Number
12685336
(England and Wales)

Unaudited Financial Statements for the Period ended
30 June 2021

SALACIA YACHTING LTD
Company Information
for the period from 20 June 2020 to 30 June 2021

Directors

Amy Skoyles

Registered Address

Kemp House 152 - 160
City Road
London
EC1V 2NX

Registered Number

12685336 (England and Wales)
SALACIA YACHTING LTD
Balance Sheet as at
30 June 2021

Notes

2021

£

£

Fixed assets
Intangible assets63,230
Tangible assets71,914
5,144
Current assets
Cash at bank and on hand76
76
Creditors amounts falling due within one year8(3,334)
Net current assets (liabilities)(3,258)
Total assets less current liabilities1,886
Net assets1,886
Capital and reserves
Called up share capital1
Profit and loss account1,885
Shareholders' funds1,886
The financial statements were approved and authorised for issue by the Director on 7 September 2022, and are signed on its behalf by:
Amy Skoyles
Director
Registered Company No. 12685336
SALACIA YACHTING LTD
Notes to the Financial Statements
for the period ended 30 June 2021

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Intangible assets policy
Intangible fixed assets are measured at cost less accumulative amortisation and any impairment losses.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

2021
Average number of employees during the year1
6.Intangible assets
The intangible assets are made up of website design and build costs which are being written off in equal annual instalments over the estimated economic life of 4 years.

Other

Total

££
Cost or valuation
Additions4,0804,080
At 30 June 214,0804,080
Amortisation and impairment
Charge for year850850
At 30 June 21850850
Net book value
At 30 June 213,2303,230
At 19 June 20--
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
Additions2,3082,308
At 30 June 212,3082,308
Depreciation and impairment
Revaluation surplus394394
At 30 June 21394394
Net book value
At 30 June 211,9141,914
At 19 June 20--
8.Creditors within one year

2021

£
Other creditors1,822
Accrued liabilities and deferred income1,512
Total3,334
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.