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REGISTERED NUMBER: NI621014 (Northern Ireland)















Unaudited Financial Statements

for the Period 1 November 2021 to 30 October 2022

for

Strangford Lough Leisure Limited

Strangford Lough Leisure Limited (Registered number: NI621014)






Contents of the Financial Statements
for the Period 1 November 2021 to 30 October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Strangford Lough Leisure Limited

Company Information
for the Period 1 November 2021 to 30 October 2022







DIRECTOR: C Canning





SECRETARY:





REGISTERED OFFICE: 22 Ringhaddy Road
Killinchy
Co. Down
BT23 6TU





REGISTERED NUMBER: NI621014 (Northern Ireland)





ACCOUNTANT: R Savage & Company
Accountants & Taxation Consultants
Old Bank House
2 Crossgar Road
Saintfield
Ballynahinch
Co. Down
BT24 7BD

Strangford Lough Leisure Limited (Registered number: NI621014)

Balance Sheet
30 October 2022

30.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 186,644 185,666

CURRENT ASSETS
Debtors 5 1,546 -
Cash at bank 54,999 75,333
56,545 75,333
CREDITORS
Amounts falling due within one year 6 5,013 9,998
NET CURRENT ASSETS 51,532 65,335
TOTAL ASSETS LESS CURRENT
LIABILITIES

238,176

251,001

CREDITORS
Amounts falling due after more than one
year

7

37,273

50,000
NET ASSETS 200,903 201,001

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 200,902 201,000
SHAREHOLDERS' FUNDS 200,903 201,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 October 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 October 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Strangford Lough Leisure Limited (Registered number: NI621014)

Balance Sheet - continued
30 October 2022


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 director and authorised for issue on 4 October 2023 and were signed by:





C Canning - Director


Strangford Lough Leisure Limited (Registered number: NI621014)

Notes to the Financial Statements
for the Period 1 November 2021 to 30 October 2022

1. STATUTORY INFORMATION

Strangford Lough Leisure Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - NIL ) .

Strangford Lough Leisure Limited (Registered number: NI621014)

Notes to the Financial Statements - continued
for the Period 1 November 2021 to 30 October 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2021 185,666
Additions 978
At 30 October 2022 186,644
NET BOOK VALUE
At 30 October 2022 186,644
At 31 October 2021 185,666

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.22 31.10.21
£    £   
Other debtors 1,546 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.22 31.10.21
£    £   
Bank loans and overdrafts - 8,129
Trade creditors (2 ) (1 )
Taxation and social security 3,145 -
Other creditors 1,870 1,870
5,013 9,998

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.10.22 31.10.21
£    £   
Other creditors 37,273 50,000