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REGISTERED NUMBER: 08566072 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Summit Special Limited

Summit Special Limited (Registered number: 08566072)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Summit Special Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: R D Murray
K E Murray





SECRETARY: R D Murray





REGISTERED OFFICE: 4 Dalesford Crescent
Macclesfield
Cheshire
SK10 3LF





REGISTERED NUMBER: 08566072 (England and Wales)





ACCOUNTANTS: EWP Limited
20 Anchor Terrace
3-13 Southwark Bridge Road
London
SE1 9HQ

Summit Special Limited (Registered number: 08566072)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,707 1,009

CURRENT ASSETS
Debtors 5 659 1,817
Cash at bank and in hand 14,951 34,442
15,610 36,259
CREDITORS
Amounts falling due within one year 6 20,047 22,119
NET CURRENT (LIABILITIES)/ASSETS (4,437 ) 14,140
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,730

)

15,149

CREDITORS
Amounts falling due after more than one year 7 (10,867 ) (10,867 )

ACCRUALS AND DEFERRED INCOME (9,203 ) (11,565 )
NET LIABILITIES (21,800 ) (7,283 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (21,802 ) (7,285 )
SHAREHOLDERS' FUNDS (21,800 ) (7,283 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Summit Special Limited (Registered number: 08566072)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 15 February 2024 and were signed on its behalf by:





R D Murray - Director


Summit Special Limited (Registered number: 08566072)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Summit Special Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of holidays with a departure date in the period, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 3 years

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

Summit Special Limited (Registered number: 08566072)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 5,336
Additions 2,248
At 30 June 2023 7,584
DEPRECIATION
At 1 July 2022 4,327
Charge for year 550
At 30 June 2023 4,877
NET BOOK VALUE
At 30 June 2023 2,707
At 30 June 2022 1,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 659 1,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 107 857
Other creditors 19,940 21,262
20,047 22,119

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Other creditors 10,867 10,867

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R D & Mrs K E Murray.