Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-3112022-08-01falseRental of holiday lodges1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09693804 2022-08-01 2023-07-31 09693804 2021-08-01 2022-07-31 09693804 2023-07-31 09693804 2022-07-31 09693804 c:Director1 2022-08-01 2023-07-31 09693804 d:CurrentFinancialInstruments 2023-07-31 09693804 d:CurrentFinancialInstruments 2022-07-31 09693804 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09693804 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 09693804 d:ShareCapital 2023-07-31 09693804 d:ShareCapital 2022-07-31 09693804 d:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 09693804 d:RetainedEarningsAccumulatedLosses 2023-07-31 09693804 d:RetainedEarningsAccumulatedLosses 2022-07-31 09693804 c:OrdinaryShareClass1 2022-08-01 2023-07-31 09693804 c:OrdinaryShareClass1 2023-07-31 09693804 c:OrdinaryShareClass1 2022-07-31 09693804 c:FRS102 2022-08-01 2023-07-31 09693804 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09693804 c:FullAccounts 2022-08-01 2023-07-31 09693804 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09693804 2 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09693804










HEART OF WALES LODGES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
HEART OF WALES LODGES LIMITED
REGISTERED NUMBER: 09693804

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Cash at bank and in hand
 6 
10,850
27,767

  
10,850
27,767

Creditors: amounts falling due within one year
 7 
(17,159)
(33,380)

Net current liabilities
  
 
 
(6,309)
 
 
(5,613)

Total assets less current liabilities
  
(6,309)
(5,613)

  

Net liabilities
  
(6,309)
(5,613)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
 9 
(6,409)
(5,713)

  
(6,309)
(5,613)


Page 1

 
HEART OF WALES LODGES LIMITED
REGISTERED NUMBER: 09693804
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 on 23 April 2024.




D Lawrence
Director

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

Page 2

 
HEART OF WALES LODGES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Heart Of Wales Lodges Limited, 09693804, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Dolau Jenkin Farm, Penbont, Llandrindod Wells, Powys, LD1 6UT.
The company remained dormant throughout the period.

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

The financial statements have been prepared on a going concern basis and require the ongoing support of the Director and Shareholder.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
Page 3

 
HEART OF WALES LODGES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)


2.8
Financial instruments (continued)

financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


5.


Debtors


6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
10,849
27,767

10,849
27,767



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
114

Other creditors
16,559
32,282

Accruals and deferred income
600
984

17,159
33,380


Page 4

 
HEART OF WALES LODGES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



9.


Reserves

Profit and loss account

The profit and loss account represents the accumulated profits of the Company since incorporation less distributions made to shareholders.

 
Page 5