REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 |
FOR |
STRUMBLE ENTERPRISES LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 |
FOR |
STRUMBLE ENTERPRISES LIMITED |
STRUMBLE ENTERPRISES LIMITED (REGISTERED NUMBER: 04251078) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
STRUMBLE ENTERPRISES LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Financial Accountants |
Park View House |
Ropewalk |
Fishguard |
Pembrokeshire |
SA65 9BT |
STRUMBLE ENTERPRISES LIMITED (REGISTERED NUMBER: 04251078) |
BALANCE SHEET |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Revaluation reserve | 9 |
Retained earnings | 9 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
STRUMBLE ENTERPRISES LIMITED (REGISTERED NUMBER: 04251078) |
BALANCE SHEET - continued |
31 MARCH 2023 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
STRUMBLE ENTERPRISES LIMITED (REGISTERED NUMBER: 04251078) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Strumble Enterprises Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents income from the provision of furnished holiday and residential accommodation including income from property management services. |
Tangible fixed assets |
Freehold property | - |
Store | - |
Plant and machinery | - |
Fixtures and fittings | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Freehold | Plant and |
property | Store | machinery |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2022 |
Disposals |
Revaluations |
At 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for year |
Eliminated on disposal |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
STRUMBLE ENTERPRISES LIMITED (REGISTERED NUMBER: 04251078) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2023 |
4. | TANGIBLE FIXED ASSETS - continued |
Fixtures |
and | Motor |
fittings | vehicles | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2022 |
Disposals | ( |
) | ( |
) |
Revaluations |
At 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
Included in cost or valuation of land and buildings is freehold land of £ 215,000 (2022 - £ 156,750 ) which is not depreciated. |
Cost or valuation at 31 March 2023 is represented by: |
Fixtures |
Freehold | Plant and | and |
property | Store | machinery | fittings | Totals |
£ | £ | £ | £ | £ |
Valuation in 2005 | 85,776 | - | - | - | 85,776 |
Valuation in 2013 | 52,500 | - | - | - | 52,500 |
Cost | 76,724 | 5,185 | 8,710 | 29,252 | 119,871 |
215,000 | 5,185 | 8,710 | 29,252 | 258,147 |
If freehold land and buildings had not been revalued they would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 76,724 | 76,724 |
Value of land in freehold land and buildings | 215,000 | 156,750 |
Freehold land and buildings were valued on an open market basis on 18 March 2013 by J J Morris . |
STRUMBLE ENTERPRISES LIMITED (REGISTERED NUMBER: 04251078) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Corporation tax |
Other creditors |
Directors' current accounts | 12,430 | 13,946 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Director's loan > 1 year | 150,000 | 150,000 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
9. | RESERVES |
Retained | Revaluation |
earnings | reserve | Totals |
£ | £ | £ |
At 1 April 2022 | (61,135 | ) | 18,891 |
Profit for the year |
Revaluation adjustment | - | 58,250 | 58,250 |
At 31 March 2023 | ( |
) | 82,328 |
10. | RELATED PARTY DISCLOSURES |
A director, M A Delaney, made a loan to the company during the year. The amount due to the director at the year end was £162,430 (2022 : £163,946). |