Silverfin false false 31/07/2023 01/08/2022 31/07/2023 Mr B Goulden 21/06/2018 17 January 2024 The principal activity of the Company during the financial year was the provision of other holiday accommodation. 11426371 2023-07-31 11426371 bus:Director1 2023-07-31 11426371 2022-07-31 11426371 core:CurrentFinancialInstruments 2023-07-31 11426371 core:CurrentFinancialInstruments 2022-07-31 11426371 core:ShareCapital 2023-07-31 11426371 core:ShareCapital 2022-07-31 11426371 core:RetainedEarningsAccumulatedLosses 2023-07-31 11426371 core:RetainedEarningsAccumulatedLosses 2022-07-31 11426371 core:OtherPropertyPlantEquipment 2022-07-31 11426371 core:OtherPropertyPlantEquipment 2023-07-31 11426371 bus:OrdinaryShareClass1 2023-07-31 11426371 2022-08-01 2023-07-31 11426371 bus:FilletedAccounts 2022-08-01 2023-07-31 11426371 bus:SmallEntities 2022-08-01 2023-07-31 11426371 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 11426371 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11426371 bus:Director1 2022-08-01 2023-07-31 11426371 core:OtherPropertyPlantEquipment core:TopRangeValue 2022-08-01 2023-07-31 11426371 2021-08-01 2022-07-31 11426371 core:OtherPropertyPlantEquipment 2022-08-01 2023-07-31 11426371 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 11426371 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11426371 (England and Wales)

DARTMOOR THATCHED COTTAGES LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

DARTMOOR THATCHED COTTAGES LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

DARTMOOR THATCHED COTTAGES LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2023
DARTMOOR THATCHED COTTAGES LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2023
DIRECTOR Mr B Goulden
REGISTERED OFFICE Swanaford House
Bridford
Exeter
EX6 7HG
United Kingdom
COMPANY NUMBER 11426371 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
DARTMOOR THATCHED COTTAGES LIMITED

BALANCE SHEET

As at 31 July 2023
DARTMOOR THATCHED COTTAGES LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 2,873 1,254
2,873 1,254
Current assets
Debtors 4 0 48
Cash at bank and in hand 3,231 18,023
3,231 18,071
Creditors: amounts falling due within one year 5 ( 5,085) ( 8,410)
Net current (liabilities)/assets (1,854) 9,661
Total assets less current liabilities 1,019 10,915
Net assets 1,019 10,915
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account 1,017 10,913
Total shareholders' funds 1,019 10,915

For the financial year ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Dartmoor Thatched Cottages Limited (registered number: 11426371) were approved and authorised for issue by the Director on 17 January 2024. They were signed on its behalf by:

Mr B Goulden
Director
DARTMOOR THATCHED COTTAGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
DARTMOOR THATCHED COTTAGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dartmoor Thatched Cottages Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is Swanaford House, Bridford, Exeter, EX6 7HG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. There are no material departures from FRS 102.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of rental services in the ordinary course of the company’s activities.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc. 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 August 2022 1,803 1,803
Additions 2,048 2,048
At 31 July 2023 3,851 3,851
Accumulated depreciation
At 01 August 2022 549 549
Charge for the financial year 429 429
At 31 July 2023 978 978
Net book value
At 31 July 2023 2,873 2,873
At 31 July 2022 1,254 1,254

4. Debtors

2023 2022
£ £
Other debtors 0 48

5. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 3,632 6,971
Other creditors 1,453 1,439
5,085 8,410

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2

7. Related party transactions

Transactions with the entity's director

2023 2022
£ £
Loan to director 0 48

During the year the director repaid a loan to the company. The loan was interest free and repayable on demand.