THE ATLANTIC SEAFRONT PORTREATH LTD

Company Registration Number:
11382068 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

THE ATLANTIC SEAFRONT PORTREATH LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

THE ATLANTIC SEAFRONT PORTREATH LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 1,500 3,000
Tangible assets: 4 140,481 158,458
Total fixed assets: 141,981 161,458
Current assets
Stocks: 10,000 10,000
Debtors:   40,288 272
Cash at bank and in hand: 61,936 60,901
Total current assets: 112,224 71,173
Creditors: amounts falling due within one year: 5 (145,699) (81,716)
Net current assets (liabilities): (33,475) (10,543)
Total assets less current liabilities: 108,506 150,915
Creditors: amounts falling due after more than one year: 6 (20,033) (30,031)
Provision for liabilities: (24,939) (28,039)
Total net assets (liabilities): 63,534 92,845
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 63,530 92,841
Shareholders funds: 63,534 92,845

The notes form part of these financial statements

THE ATLANTIC SEAFRONT PORTREATH LTD

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 January 2024
and signed on behalf of the board by:

Name: S Bales
Status: Director

The notes form part of these financial statements

THE ATLANTIC SEAFRONT PORTREATH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE ATLANTIC SEAFRONT PORTREATH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 23 21

THE ATLANTIC SEAFRONT PORTREATH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
At 01 June 2022 7,500
At 31 May 2023 7,500
Amortisation
At 01 June 2022 4,500
Charge for year 1,500
At 31 May 2023 6,000
Net book value
At 31 May 2023 1,500
At 31 May 2022 3,000

THE ATLANTIC SEAFRONT PORTREATH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
At 01 June 2022 263,492
Additions 14,619
At 31 May 2023 278,111
Depreciation
At 01 June 2022 105,034
Charge for year 32,596
At 31 May 2023 137,630
Net book value
At 31 May 2023 140,481
At 31 May 2022 158,458

THE ATLANTIC SEAFRONT PORTREATH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £9,989 (2022: £9,982). Trade creditors £9,423 (2022: £13,147). Taxation and social security £41,394 (2022: £51,464). Other creditors £84,893 (2022: £7,123).

THE ATLANTIC SEAFRONT PORTREATH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due after more than one year note

Bank loans £20,033 (2022: £30,031).