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REGISTERED NUMBER: 07451587
















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Discovery Brighton Ltd

Discovery Brighton Ltd (Registered number: 07451587)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Discovery Brighton Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: M A Oliveri
Ms V Donadio





REGISTERED OFFICE: 12a Marlborough Place
Brighton
East Sussex
BN1 1WN





REGISTERED NUMBER: 07451587





ACCOUNTANTS: Clarke Goodhand Smith Limited
12a Marlborough Place
BRIGHTON
East Sussex
BN1 1WN

Discovery Brighton Ltd (Registered number: 07451587)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,732 3,177

CURRENT ASSETS
Debtors 5 30,299 33,781
Cash at bank and in hand 283,624 168,127
313,923 201,908
CREDITORS
Amounts falling due within one
year

6

231,021

177,447
NET CURRENT ASSETS 82,902 24,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,634

27,638

PROVISIONS FOR LIABILITIES 7 933 459
NET ASSETS 85,701 27,179

CAPITAL AND RESERVES
Called up share capital 8 106 106
Retained earnings 9 85,595 27,073
SHAREHOLDERS' FUNDS 85,701 27,179

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Discovery Brighton Ltd (Registered number: 07451587)

Balance Sheet - continued
30 November 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 6 August 2024 and were signed on its behalf by:





M A Oliveri - Director


Discovery Brighton Ltd (Registered number: 07451587)

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

1. STATUTORY INFORMATION

Discovery Brighton Ltd is a private company, limited by shares , registered in Not specified/Other. 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 goods, excluding value added tax under the Tour Operators' Margin Scheme.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment, fixtures and fittings - 25% on reducing balance

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 3 (2022 - 2 ) .

Discovery Brighton Ltd (Registered number: 07451587)

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

4. TANGIBLE FIXED ASSETS
Equipment,
fixtures
and
fittings
£   
COST
At 1 December 2022 14,913
Additions 1,799
At 30 November 2023 16,712
DEPRECIATION
At 1 December 2022 11,736
Charge for year 1,244
At 30 November 2023 12,980
NET BOOK VALUE
At 30 November 2023 3,732
At 30 November 2022 3,177

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 3,496 4,771
Directors' loan accounts - 269
Prepayments 26,803 28,741
30,299 33,781

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 33,350 38,638
VAT 9,378 10,100
Other creditors 1,955 9,877
Accruals and deferred income 185,339 117,834
Accrued expenses 999 998
231,021 177,447

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 933 459

Discovery Brighton Ltd (Registered number: 07451587)

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

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 459
Accelerated capital allowances 474
Balance at 30 November 2023 933

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100
6 Ordinary A to F £1 6 6
106 106

9. RESERVES
Retained
earnings
£   

At 1 December 2022 27,073
Profit for the year 116,022
Dividends (57,500 )
At 30 November 2023 85,595

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
M A Oliveri
Balance outstanding at start of year 269 10,000
Amounts advanced - 269
Amounts repaid (269 ) (10,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 269

11. CONTROLLING PARTY

The company was controlled by its director, M Oliveri, throughout the period.