Binneford Holiday Lodges Limited 14052311 false 2022-04-19 2023-04-30 2023-04-30 The principal activity of the company is the construction and provision of holiday accommodation. Digita Accounts Production Advanced 6.30.9574.0 true 14052311 2022-04-19 2023-04-30 14052311 2023-04-30 14052311 core:RetainedEarningsAccumulatedLosses 2023-04-30 14052311 core:ShareCapital 2023-04-30 14052311 core:CurrentFinancialInstruments 2023-04-30 14052311 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 14052311 core:FurnitureFittingsToolsEquipment 2023-04-30 14052311 core:LandBuildings 2023-04-30 14052311 bus:SmallEntities 2022-04-19 2023-04-30 14052311 bus:AuditExemptWithAccountantsReport 2022-04-19 2023-04-30 14052311 bus:FullAccounts 2022-04-19 2023-04-30 14052311 bus:SmallCompaniesRegimeForAccounts 2022-04-19 2023-04-30 14052311 bus:RegisteredOffice 2022-04-19 2023-04-30 14052311 bus:Director1 2022-04-19 2023-04-30 14052311 bus:Director2 2022-04-19 2023-04-30 14052311 bus:PrivateLimitedCompanyLtd 2022-04-19 2023-04-30 14052311 core:FurnitureFittings 2022-04-19 2023-04-30 14052311 core:FurnitureFittingsToolsEquipment 2022-04-19 2023-04-30 14052311 core:LandBuildings 2022-04-19 2023-04-30 14052311 countries:EnglandWales 2022-04-19 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 14052311

Binneford Holiday Lodges Limited

Filleted Unaudited Financial Statements

for the Period from 19 April 2022 to 30 April 2023

 

Binneford Holiday Lodges Limited
(Registration number: 14052311)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Binneford Holiday Lodges Limited
(Registration number: 14052311)

Company Information

Directors

Mr G Bulley

Mrs G H Woodgate

Registered office

East Church Farm
East Church Lane
Hittisleigh
Devon
EX6 6LF

Accountants

Thompson Jenner LLP
Chartered Accountants
1 Colleton Crescent
Exeter
Devon
EX2 4DG

 

Binneford Holiday Lodges Limited
(Registration number: 14052311)

Balance Sheet as at 30 April 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

488,533

Current assets

 

Debtors

5

11,054

Cash at bank and in hand

 

31,819

 

42,873

Creditors: Amounts falling due within one year

6

(535,101)

Net current liabilities

 

(492,228)

Net liabilities

 

(3,695)

Capital and reserves

 

Called up share capital

100

Profit and loss account

(3,795)

Total equity

 

(3,695)

For the financial period ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 28 September 2023 and signed on its behalf by:
 

.........................................
Mr G Bulley
Director

 

Binneford Holiday Lodges Limited
(Registration number: 14052311)

Notes to the Unaudited Financial Statements for the Period from 19 April 2022 to 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
East Church Farm
East Church Lane
Hittisleigh
Devon
EX6 6LF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

25% Straight line

Freehold property

5% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Binneford Holiday Lodges Limited
(Registration number: 14052311)

Notes to the Unaudited Financial Statements for the Period from 19 April 2022 to 30 April 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Binneford Holiday Lodges Limited
(Registration number: 14052311)

Notes to the Unaudited Financial Statements for the Period from 19 April 2022 to 30 April 2023

4

Tangible assets

Leasehold improvements
£

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

487,897

650

488,547

At 30 April 2023

487,897

650

488,547

Depreciation

Charge for the period

-

14

14

At 30 April 2023

-

14

14

Carrying amount

At 30 April 2023

487,897

636

488,533

Included within the net book value of land and buildings above is £Nil in respect of freehold land and buildings and £487,897 in respect of long leasehold land and buildings.
 

5

Debtors

2023
£

Other debtors

9,710

Prepayments and accrued income

1,344

Total current trade and other debtors

11,054

6

Creditors

2023
£

Due within one year

Other creditors

533,901

Accrued expenses

1,200

535,101