REGISTERED NUMBER: |
Puffins Galore Limited |
a Company Limited by Guarantee |
Unaudited Financial Statements for the Year Ended 30th September 2023 |
REGISTERED NUMBER: |
Puffins Galore Limited |
a Company Limited by Guarantee |
Unaudited Financial Statements for the Year Ended 30th September 2023 |
Puffins Galore Limited |
a Company Limited by Guarantee (Registered number: 13597562) |
Contents of the Financial Statements |
for the year ended 30th September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Puffins Galore Limited |
a Company Limited by Guarantee |
Company Information |
for the year ended 30th September 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Regent's Court |
Princess Street |
Hull |
East Yorkshire |
HU2 8BA |
Puffins Galore Limited |
a Company Limited by Guarantee (Registered number: 13597562) |
Balance Sheet |
30th September 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account | 6 |
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 surplus or deficit 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. |
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 |
Puffins Galore Limited |
a Company Limited by Guarantee (Registered number: 13597562) |
Notes to the Financial Statements |
for the year ended 30th September 2023 |
1. | STATUTORY INFORMATION |
Puffins Galore Limited a Company Limited by Guarantee is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
Debtors and creditors receivable/payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other expenditure. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
Puffins Galore Limited |
a Company Limited by Guarantee (Registered number: 13597562) |
Notes to the Financial Statements - continued |
for the year ended 30th September 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | RESERVES |
Income |
and |
expenditure |
account |
£ |
Surplus for the year |
At 30th September 2023 |
7. | RELATED PARTY DISCLOSURES |
During the period the company had the following transactions: |
Mr R F Welton, a director of the company, received £10,250 (2022 £6,000) for his services and work undertaken on behalf of the company in relation to project management and further £3,000 (2022 £6,000) in relation to other costs. |
Mrs C Cook, a director of the company, received £14,815 (2022 £13,500) on behalf of Clare Huby Arts & Business on behalf of her services and work undertaken on behalf of the company during the period. |
Leo Welton, a close family member, received £1,140 (2022 £1,060) for design fees. |
At 30 September 2023 the company owed the directors £540 (2022 £232 owed by the directors). |
8. | ULTIMATE CONTROLLING PARTY |
The company has no controlling party and is controlled by the members. |
9. | LIMITED BY GUARANTEE |
The company is limited by guarantee and consequently does not have share capital. |