PTP Accounts Production v23.3.0.418 04758033 Board of Directors 1.4.22 31.3.23 31.3.23 0 0 false true false false true false Ordinary 1.00000 A Ordinary 1.00000 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047580332022-03-31047580332023-03-31047580332022-04-012023-03-31047580332021-03-31047580332021-04-012022-03-31047580332022-03-3104758033ns10:Originalns15:EnglandWales2022-04-012023-03-3104758033ns14:PoundSterlingns10:Original2022-04-012023-03-3104758033ns10:Originalns10:Director12022-04-012023-03-3104758033ns10:Original2022-04-012023-03-3104758033ns10:Original2023-03-3104758033ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104758033ns10:Originalns10:SmallEntities2022-04-012023-03-3104758033ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104758033ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104758033ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104758033ns10:Originalns10:FullAccounts2022-04-012023-03-3104758033ns10:Original2021-04-012022-03-3104758033ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3104758033ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3104758033ns10:Originalns10:OrdinaryShareClass112022-04-012023-03-31047580332ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3104758033ns10:Originalns10:Director22022-04-012023-03-3104758033ns10:CompanySecretary1ns10:Original2022-04-012023-03-3104758033ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104758033ns10:Original2022-03-3104758033ns10:Originalns5:CurrentFinancialInstruments2023-03-3104758033ns10:Originalns5:CurrentFinancialInstruments2022-03-3104758033ns5:ShareCapitalns10:Original2023-03-3104758033ns5:ShareCapitalns10:Original2022-03-3104758033ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104758033ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104758033ns10:Originalns5:PlantMachinery2022-04-012023-03-3104758033ns10:Originalns5:MotorVehicles2022-04-012023-03-3104758033ns10:Originalns5:ComputerEquipment2022-04-012023-03-3104758033ns10:Originalns5:PlantMachinery2022-03-3104758033ns10:Originalns5:MotorVehicles2022-03-3104758033ns10:Originalns5:ComputerEquipment2022-03-3104758033ns10:Original2022-03-3104758033ns10:Originalns5:PlantMachinery2023-03-3104758033ns10:Originalns5:MotorVehicles2023-03-3104758033ns10:Originalns5:ComputerEquipment2023-03-3104758033ns10:Originalns5:PlantMachinery2022-03-3104758033ns10:Originalns5:MotorVehicles2022-03-3104758033ns10:Originalns5:ComputerEquipment2022-03-3104758033ns10:Originalns10:OrdinaryShareClass12023-03-3104758033ns10:Originalns10:OrdinaryShareClass22023-03-3104758033ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104758033ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 04758033 (England and Wales)















Grantham & Newark Sunbeds Limited

Unaudited Financial Statements for the Year Ended 31 March 2023






Grantham & Newark Sunbeds Limited (Registered number: 04758033)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Grantham & Newark Sunbeds Limited

Company Information
for the Year Ended 31 March 2023







Directors: P D Hibbitt
M N Smith





Secretary: M N Smith





Registered office: Stanton House
31 Westgate
Grantham
Lincolnshire
NG31 6LX





Registered number: 04758033 (England and Wales)





Accountants: Rupert King & Company Limited
Stanton House
31 Westgate
Grantham
Lincolnshire
NG31 6LX

Grantham & Newark Sunbeds Limited (Registered number: 04758033)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 993 1,224

Current assets
Cash at bank 6,433 10,109

Creditors
Amounts falling due within one year 5 1,930 2,499
Net current assets 4,503 7,610
Total assets less current liabilities 5,496 8,834

Capital and reserves
Called up share capital 6 4 2
Retained earnings 7 5,492 8,832
Shareholders' funds 5,496 8,834

Grantham & Newark Sunbeds Limited (Registered number: 04758033)

Balance Sheet - continued
31 March 2023


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

The members have not required the company to obtain an audit of its financial statements for the year 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 20 November 2023 and were signed on its behalf by:





P D Hibbitt - Director


Grantham & Newark Sunbeds Limited (Registered number: 04758033)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. Statutory information

Grantham & Newark Sunbeds Limited 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
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.
Sunbeds - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 20% on reducing balance

Taxation
Taxation for the year 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 year 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.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

Grantham & Newark Sunbeds Limited (Registered number: 04758033)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. Tangible fixed assets
Motor
Sunbeds vehicles Equipment Totals
£    £    £    £   
Cost
At 1 April 2022
and 31 March 2023 9,804 5,990 445 16,239
Depreciation
At 1 April 2022 9,060 5,540 415 15,015
Charge for year 112 113 6 231
At 31 March 2023 9,172 5,653 421 15,246
Net book value
At 31 March 2023 632 337 24 993
At 31 March 2022 744 450 30 1,224

5. Creditors: amounts falling due within one year
2023 2022
£    £   
Corporation tax 1,147 1,861
Directors' current accounts 588 530
Accrued expenses 195 108
1,930 2,499

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2
2 A Ordinary £1 2 -
4 2

The following shares were allotted and fully paid for cash at par during the year:

0 Ordinary shares of £1 each
2 A Ordinary shares of £1 each

Grantham & Newark Sunbeds Limited (Registered number: 04758033)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. Reserves
Retained
earnings
£   

At 1 April 2022 8,832
Profit for the year 4,660
Dividends (8,000 )
At 31 March 2023 5,492

8. Related party disclosures

During the year, total dividends of £4,000 (2022 - £4,000) were paid to the directors .