IRIS Accounts Production v23.3.1.45 13922684 Board of Directors 17.2.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139226842022-02-16139226842023-03-31139226842022-02-172023-03-31139226842022-02-1613922684ns10:Originalns15:EnglandWales2022-02-172023-03-3113922684ns14:PoundSterlingns10:Original2022-02-172023-03-3113922684ns10:Originalns10:Director12022-02-172023-03-3113922684ns10:Original2022-02-172023-03-3113922684ns10:Original2023-03-3113922684ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-172023-03-3113922684ns10:Originalns10:SmallEntities2022-02-172023-03-3113922684ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-172023-03-3113922684ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-172023-03-3113922684ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-172023-03-3113922684ns10:Originalns10:FullAccounts2022-02-172023-03-3113922684ns10:Originalns10:Director22022-02-172023-03-3113922684ns10:Originalns10:RegisteredOffice2022-02-172023-03-3113922684ns10:Originalns5:CurrentFinancialInstruments2023-03-3113922684ns5:ShareCapitalns10:Original2023-03-3113922684ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3113922684ns10:Originalns5:PlantMachinery2022-02-172023-03-3113922684ns10:Originalns5:PlantMachinery2023-03-3113922684ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113922684ns10:Original1ns10:Director12022-02-1613922684ns10:Original1ns10:Director12022-02-172023-03-3113922684ns10:Original1ns10:Director12023-03-3113922684ns10:Originalns10:Director222022-02-1613922684ns10:Originalns10:Director222022-02-172023-03-3113922684ns10:Originalns10:Director222023-03-31
REGISTERED NUMBER: 13922684 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 FEBRUARY 2022 TO 31 MARCH 2023

FOR

FAIRWAYS HOTEL PORTHCAWL LTD

FAIRWAYS HOTEL PORTHCAWL LTD (REGISTERED NUMBER: 13922684)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 FEBRUARY 2022 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FAIRWAYS HOTEL PORTHCAWL LTD

COMPANY INFORMATION
FOR THE PERIOD 17 FEBRUARY 2022 TO 31 MARCH 2023







DIRECTORS: G Ashman
D A Dummett





REGISTERED OFFICE: Davell House 1 Heol Mostyn
Village Farm Industrial Estate
Pyle
Bridgend
CF33 6BJ





REGISTERED NUMBER: 13922684 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

FAIRWAYS HOTEL PORTHCAWL LTD (REGISTERED NUMBER: 13922684)

BALANCE SHEET
31 MARCH 2023

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,314

CURRENT ASSETS
Inventories 3,782
Debtors 5 351,617
Cash at bank and in hand 837
356,236
CREDITORS
Amounts falling due within one year 6 194,435
NET CURRENT ASSETS 161,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,115

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 163,015
163,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 17 November 2023 and were signed on its behalf by:





D A Dummett - Director


FAIRWAYS HOTEL PORTHCAWL LTD (REGISTERED NUMBER: 13922684)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 FEBRUARY 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

Fairways Hotel Porthcawl Ltd 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
Revenue 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 etc - 25% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 .

FAIRWAYS HOTEL PORTHCAWL LTD (REGISTERED NUMBER: 13922684)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 FEBRUARY 2022 TO 31 MARCH 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
Additions 1,340
At 31 March 2023 1,340
DEPRECIATION
Charge for period 26
At 31 March 2023 26
NET BOOK VALUE
At 31 March 2023 1,314

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 350,000
VAT 1,285
Prepayments and accrued income 332
351,617

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 294
Directors' current accounts 103,896
Accrued expenses 90,245
194,435

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2023:

£   
D A Dummett
Balance outstanding at start of period -
Amounts advanced 1,550
Amounts repaid (53,498 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (51,948 )

G Ashman
Balance outstanding at start of period -
Amounts advanced 1,550
Amounts repaid (53,498 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (51,948 )