05820182falsethat of operating a hotel2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director22022-06-012023-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-06-012023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05820182

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ACCOUNTS
FOR THE YEAR ENDED 31/05/2023

Prepared By:
John Tudor
Chartered Certified Accountants
3 Kingshead
Pwllheli
Gwynedd
LL53 5DR

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ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
DIRECTORS
Iain Gareth Roberts
Wilma Roberts
SECRETARY
Wilma Roberts
REGISTERED OFFICE
3 Kingshead Street
Pwllheli
Gwynedd
LL53 5DR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05820182
ACCOUNTANTS
John Tudor
Chartered Certified Accountants
3 Kingshead
Pwllheli
Gwynedd
LL53 5DR

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ACCOUNTS
FOR THEYEARENDED31/05/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

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BALANCE SHEET AT 31/05/2023
20232022
Notes££
FIXED ASSETS
Tangible assets21,008,6351,043,893
CURRENT ASSETS
Stock7,4586,914
Debtors41,5001,500
Cash at bank and in hand237,339243,474
246,297251,888
CREDITORS: Amounts falling due within one year5231,194315,759
NET CURRENT ASSETS / (LIABILITIES)15,103(63,871)
TOTAL ASSETS LESS CURRENT LIABILITIES1,023,738980,022
CREDITORS: Amounts falling due after more than one year6366,646372,488
NET ASSETS657,092607,534
CAPITAL AND RESERVES
Called up share capital91,1001,100
Profit and loss account655,992606,434
SHAREHOLDERS' FUNDS657,092607,534
For the year ending 31/05/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/02/2024 and signed on their behalf by
.............................
Wilma Roberts
Director
.............................
Iain Gareth Roberts
Director

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NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Fixed assets are shown at historical cost. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsreducing balance2.5%
Plant And Machineryreducing balance20%
Fixtures And Fittingsreducing balance15%
Equipmentreducing balance25%
Motor Carsreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants Deferred
Government grants received are treated as deferred credits and credited to profit and loss account over the estimated useful life of the relevant fixed assets.
Government Grant Aid received due to Covid have not been deferred.
1f. Government Grants
Due to COVID additional Government Grant Aid has been received and has not been deferred.

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2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/06/20221,410,435550,4901,960,925
Additions-12,99812,998
At 31/05/20231,410,435563,4881,973,923
Depreciation
At 01/06/2022457,426459,606917,032
For the year28,33919,91748,256
At 31/05/2023485,765479,523965,288
Net Book Amounts
At 31/05/2023924,67083,9651,008,635
At 31/05/2022953,00990,8841,043,893
3. STOCK 20232022
££
Stock comprises:
Stock7,4586,914
7,4586,914
4. DEBTORS 20232022
££
Amounts falling due within one year:
Other debtors1,5001,500
1,5001,500

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5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Bank loans and overdrafts77,672159,594
Trade creditors50,78847,653
Taxation and social security94,366106,935
Other creditors8,3681,577
231,194315,759
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans and overdrafts366,646372,488
366,646372,488
Included within Bank loans and overdrafts is the Directors Loan to the company amounting to £366,646.
7. SECURED CREDITORS
20232022
££
Amount of bank loans and overdrafts which are secured-57,148
8. EMPLOYEES
20232022
No.No.
Average number of employees4239

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9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1100 Ordinary shares of £1 each11001100
1,1001,100