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REGISTERED NUMBER: NI652785 (Northern Ireland)















Financial Statements for the Year Ended 31 May 2022

for

Captain Greens Ltd

Captain Greens Ltd (Registered number: NI652785)






Contents of the Financial Statements
for the Year Ended 31 May 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Captain Greens Ltd

Company Information
for the Year Ended 31 May 2022







DIRECTORS: M Simpson
Mrs A Simpson
H Moore





REGISTERED OFFICE: 9 Castlewellan Road
Rathfriland
Co. Down
BT34 5LY





REGISTERED NUMBER: NI652785 (Northern Ireland)





AUDITORS: Farrell & Farrell
35 Main St
Hilltown
Newry
Co. Down
BT34 5UJ

Captain Greens Ltd (Registered number: NI652785)

Abridged Balance Sheet
31 May 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,287 2,652
Investments 5 178 178
2,465 2,830

CURRENT ASSETS
Debtors 6 455,411 835,258
Cash at bank 7,563 9,975
462,974 845,233
CREDITORS
Amounts falling due within one year 342,198 445,075
NET CURRENT ASSETS 120,776 400,158
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,241

402,988

CREDITORS
Amounts falling due after more than one
year

127,227

402,385
NET (LIABILITIES)/ASSETS (3,986 ) 603

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (4,086 ) 503
SHAREHOLDERS' FUNDS (3,986 ) 603

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 November 2023 and were signed on its behalf by:




Mrs A Simpson - Director



M Simpson - Director


Captain Greens Ltd (Registered number: NI652785)

Notes to the Financial Statements
for the Year Ended 31 May 2022

1. STATUTORY INFORMATION

Captain Greens Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Preparation of consolidated financial statements
The financial statements contain information about Captain Greens Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Funky Monkeys Playcentres Ltd, 9 Castlewellan Road, Rathfriland, Co Down, BT34 5LY.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 (2021 - NIL).

Captain Greens Ltd (Registered number: NI652785)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2021
and 31 May 2022 3,650
AMORTISATION
At 1 June 2021 998
Amortisation for year 365
At 31 May 2022 1,363
NET BOOK VALUE

At 31 May 2022 2,287
At 31 May 2021 2,652

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 June 2021
and 31 May 2022 178
NET BOOK VALUE
At 31 May 2022 178
At 31 May 2021 178

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Captain Greens Craigavon Limited
Registered office: 9 Castlewellan Road, Rathfriland, Co. Down, Northern Ireland, BT34 5LY
Nature of business: Indoor Leisure
%
Class of shares: holding
Ordinary £1 Shares 100.00

Captain Greens Limited owns 100.0% of the ordinary share capital in Captain Greens Craigavon Limited.

Captain Greens Cork Limited
Registered office: Unit 5 Eastgate Retail Park, Little Island, Co. Cork,
Nature of business: Indoor Leisure
%
Class of shares: holding
Ordinary €1 shares 100.00

Captain Greens Limited owns 100.0% of the ordinary share capital in Captain Greens Cork Limited.

Captain Greens Ltd (Registered number: NI652785)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Amounts owed by group undertakings 127,227 402,386

7. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 197,721 541,936
Other loans 38,757 65,730
236,478 607,666

Loans are secured by: a fixed and floating charge over the company; an inter-company cross guarantee; and personal guarantees provided by the directors.

Captain Greens Ltd has also cross guaranteed other inter-company loans.

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 June 2021 503
Deficit for the year (4,589 )
At 31 May 2022 (4,086 )

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jayme Farrell (Senior Statutory Auditor)
for and on behalf of Farrell & Farrell

11. ULTIMATE CONTROLLING PARTY

The controlling party is Funky Monkeys Playcentres Limited.