REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 May 2022 |
for |
Captain Greens Ltd |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
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 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. |
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 |
AMORTISATION |
At 1 June 2021 |
Amortisation for year |
At 31 May 2022 |
NET BOOK VALUE |
At 31 May 2022 |
At 31 May 2021 |
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: |
Registered office: 9 Castlewellan Road, Rathfriland, Co. Down, Northern Ireland, BT34 5LY |
Nature of business: |
% |
Class of shares: | holding |
Captain Greens Limited owns 100.0% of the ordinary share capital in Captain Greens Craigavon Limited. |
Registered office: Unit 5 Eastgate Retail Park, Little Island, Co. Cork, |
Nature of business: |
% |
Class of shares: | holding |
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 |
7. | SECURED DEBTS |
The following secured debts are included within creditors: |
2022 | 2021 |
£ | £ |
Bank loans |
Other loans |
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: | £ | £ |
Ordinary | £1 | 100 | 100 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 June 2021 |
Deficit for the year | ( |
) |
At 31 May 2022 | ( |
) |
10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
11. | ULTIMATE CONTROLLING PARTY |
The controlling party is Funky Monkeys Playcentres Limited. |