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REGISTERED NUMBER: 08955868 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2022 to 30 April 2023

for

Arch House Bed and Breakfast Limited

Arch House Bed and Breakfast Limited (Registered number: 08955868)

Contents of the Financial Statements
for the Period 1 April 2022 to 30 April 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


Arch House Bed and Breakfast Limited (Registered number: 08955868)

Balance Sheet
30 April 2023

30.4.23 31.3.22
Notes £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 - 3,414
- 3,414

Current assets
Debtors 7 27,292 560
Cash at bank and in hand 2,228 135,449
29,520 136,009
Creditors
Amounts falling due within one year 8 (24,884 ) (31,137 )
Net current assets 4,636 104,872
Total assets less current liabilities 4,636 108,286

Creditors
Amounts falling due after more than one
year

9

-

(22,426

)

Provisions for liabilities - (683 )
Net assets 4,636 85,177

Capital and reserves
Called up share capital 120 120
Retained earnings 4,516 85,057
4,636 85,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2023 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.

Arch House Bed and Breakfast Limited (Registered number: 08955868)

Balance Sheet - continued
30 April 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:





Mrs K A Bonham - Director


Arch House Bed and Breakfast Limited (Registered number: 08955868)

Notes to the Financial Statements
for the Period 1 April 2022 to 30 April 2023


1. Statutory information

Arch House Bed and Breakfast Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08955868

Registered office: Merry Cottage
Sheringham Road
West Beckham
Holt
Norfolk
NR25 6PE

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% p.a. reducing balance

Arch House Bed and Breakfast Limited (Registered number: 08955868)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 April 2023


3. Accounting policies - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Arch House Bed and Breakfast Limited (Registered number: 08955868)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 April 2023


3. Accounting policies - continued
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.

4. Employees and directors

The average number of employees during the period was 4 (2022 - 4 ) .

5. Intangible fixed assets
Goodwill
£
Cost
At 1 April 2022
and 30 April 2023 10,000
Amortisation
At 1 April 2022
and 30 April 2023 10,000
Net book value
At 30 April 2023 -
At 31 March 2022 -

Arch House Bed and Breakfast Limited (Registered number: 08955868)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 April 2023


6. Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 April 2022 10,523
Disposals (10,523 )
At 30 April 2023 -
Depreciation
At 1 April 2022 7,109
Charge for period 682
Eliminated on disposal (7,791 )
At 30 April 2023 -
Net book value
At 30 April 2023 -
At 31 March 2022 3,414

7. Debtors: amounts falling due within one year
30.4.23 31.3.22
£ £
Trade debtors - 560
Other debtors 27,292 -
27,292 560

8. Creditors: amounts falling due within one year
30.4.23 31.3.22
£ £
Bank loans and overdrafts - 3,787
Taxation and social security 21,576 22,768
Other creditors 3,308 4,582
24,884 31,137

9. Creditors: amounts falling due after more than one year
30.4.23 31.3.22
£ £
Other creditors - 22,426

Arch House Bed and Breakfast Limited (Registered number: 08955868)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 April 2023


10. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 30 April 2023 and the year ended 31 March 2022:

30.4.23 31.3.22
£ £
Mrs K A Bonham
Balance outstanding at start of period - -
Amounts advanced 27,292 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 27,292 -

At the 30th April 2023 the directors owed the company £27,292.00. This was repaid within 9 months from the year end.