REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2023 |
FOR |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2023 |
FOR |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED (REGISTERED NUMBER: 03150091) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED (REGISTERED NUMBER: 03150091) |
BALANCE SHEET |
23 JUNE 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Investments | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED (REGISTERED NUMBER: 03150091) |
BALANCE SHEET - continued |
23 JUNE 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED (REGISTERED NUMBER: 03150091) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 23 JUNE 2023 |
1. | STATUTORY INFORMATION |
Port Dinorwic Yacht Harbour Residential Estate Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Port Dinorwic Yacht Harbour Residential Estate Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
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. |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Land and buildings | - |
Tangible fixed assets are stated at cost less depreciation. The Directors review assets annually for any impairment. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED (REGISTERED NUMBER: 03150091) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 23 JUNE 2023 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 24 June 2022 |
and 23 June 2023 |
DEPRECIATION |
At 24 June 2022 |
Charge for year |
At 23 June 2023 |
NET BOOK VALUE |
At 23 June 2023 |
At 23 June 2022 |
23.6.23 | 23.6.22 |
Number of Ground Rents at the beginning of the year | 1 | 1 |
Number of Ground Rents sold during the year | - | - |
Number of Ground Rents remaining at the end of the year | 1 | 1 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 24 June 2022 |
and 23 June 2023 |
NET BOOK VALUE |
At 23 June 2023 |
At 23 June 2022 |
PORT DINORWIC YACHT HARBOUR RESIDENTIAL |
ESTATE LIMITED (REGISTERED NUMBER: 03150091) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 23 JUNE 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
7. | CURRENT ASSET INVESTMENTS |
2023 | 2022 |
£ | £ |
Fixed term deposits |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
"Trade debtors - credit balances" includes £5,577 credits due under the final 2022/23 service charge certificate (2022 - £1,739). |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
Deferred government grants are towards future major repairs of the bridge, in connection with the coastal path agreement. |
10. | RELATED PARTY DISCLOSURES |
There were no related party transactions during the year. |