Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-02-03No description of principal activity2truetrue 13891745 2022-02-02 13891745 2022-02-03 2022-12-31 13891745 2021-02-03 2022-02-02 13891745 2022-12-31 13891745 c:Director1 2022-02-03 2022-12-31 13891745 d:Buildings 2022-02-03 2022-12-31 13891745 d:Buildings 2022-12-31 13891745 d:FurnitureFittings 2022-02-03 2022-12-31 13891745 d:FurnitureFittings 2022-12-31 13891745 d:CurrentFinancialInstruments 2022-12-31 13891745 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13891745 d:ShareCapital 2022-12-31 13891745 d:RetainedEarningsAccumulatedLosses 2022-12-31 13891745 c:OrdinaryShareClass1 2022-02-03 2022-12-31 13891745 c:OrdinaryShareClass1 2022-12-31 13891745 c:FRS102 2022-02-03 2022-12-31 13891745 c:AuditExempt-NoAccountantsReport 2022-02-03 2022-12-31 13891745 c:FullAccounts 2022-02-03 2022-12-31 13891745 c:PrivateLimitedCompanyLtd 2022-02-03 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13891745









ROMNEY BAY HOUSE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2022

 
ROMNEY BAY HOUSE LIMITED
REGISTERED NUMBER: 13891745

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
Note
£

Fixed assets
  

Tangible assets
 4 
1,879,863

  
1,879,863

Current assets
  

Debtors: amounts falling due within one year
 5 
19,492

Cash at bank and in hand
 6 
280

  
19,772

Creditors: amounts falling due within one year
 7 
(1,899,712)

Net current (liabilities)/assets
  
 
 
(1,879,940)

Total assets less current liabilities
  
(77)

  

Net (liabilities)/assets
  
(77)


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
(177)

  
(77)


Page 1

 
ROMNEY BAY HOUSE LIMITED
REGISTERED NUMBER: 13891745
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H L Cragoe
Director

Date: 21 February 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
ROMNEY BAY HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

Romney Bay House Limited is a private company limited by shares and incorporated in England & Wales (registered number 13891745). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The directors have obtained assurances from the shareholders and creditors to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
NA
Fixtures and fittings
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
ROMNEY BAY HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
1,864,521
15,342
1,879,863



At 31 December 2022

1,864,521
15,342
1,879,863






Net book value



At 31 December 2022
1,864,521
15,342
1,879,863


5.


Debtors

2022
£


Amounts owed by group undertakings
2,356

Tax recoverable
17,136

19,492


Page 4

 
ROMNEY BAY HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

6.


Cash and cash equivalents

2022
£

Cash at bank and in hand
280

280



7.


Creditors: Amounts falling due within one year

2022
£

Trade creditors
28,769

Amounts owed to group undertakings
1,696,483

Other creditors
174,460

1,899,712



8.


Share capital

2022
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100





9.Other financial commitments

A cross guarantee between the company and its parent undertaking exists, securing the legal mortgage of all freeehold and leasehold property by way of fixed and floating charge over all company assets. 


10.


Controlling party

The ultimate parent undertaking is Happiness Hospitality Ltd.

 
Page 5