Company registration number 13211733 (England and Wales)
SEASIDE BROOKS HOLIDAY APARTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
SEASIDE BROOKS HOLIDAY APARTMENTS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SEASIDE BROOKS HOLIDAY APARTMENTS LTD (REGISTERED NUMBER: 13211733)
BALANCE SHEET
AS AT 28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,095
3,375
Current assets
Debtors
4
3,022
2,504
Cash at bank and in hand
2,939
5,961
2,504
Creditors: amounts falling due within one year
5
(19,586)
(11,323)
Net current liabilities
(13,625)
(8,819)
Net liabilities
(10,530)
(5,444)
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
(10,532)
(5,446)
Total equity
(10,530)
(5,444)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 27 October 2023 and are signed on its behalf by:
Mr C Brooke
Ms S Smith
Director
Director
SEASIDE BROOKS HOLIDAY APARTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information
Seaside Brooks Holiday Apartments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 19-21 Swan Street, West Malling, Kent, ME19 6JU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The balance sheet shows net liabilities, the director is the main creditor of the company and has confirmed that he will continue to support the company for the foreseeable future. Therefore, the accounts have been prepared on a going concern basis.true
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% on reducing balance
Computers
25% on reducing balance
1.5
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
SEASIDE BROOKS HOLIDAY APARTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 March 2022
4,037
179
4,216
Additions
659
659
At 28 February 2023
4,696
179
4,875
Depreciation and impairment
At 1 March 2022
800
41
841
Depreciation charged in the year
905
34
939
At 28 February 2023
1,705
75
1,780
Carrying amount
At 28 February 2023
2,991
104
3,095
At 28 February 2022
3,237
138
3,375
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
3,022
2,504
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
19,586
11,323
SEASIDE BROOKS HOLIDAY APARTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 4 -
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
2
2
2
2