Company registration number 12820428 (England and Wales)
GREENHILL HOSPITALITY & EVENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
GREENHILL HOSPITALITY & EVENTS LTD
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 4
GREENHILL HOSPITALITY & EVENTS LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
- 1 -
The director presents his annual report and financial statements for the year ended 31 August 2023.
Principal activities
The principal activity of the company continued to be that of catering activities.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr Simon Greenhill
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr Simon Greenhill
Director
29 August 2024
GREENHILL HOSPITALITY & EVENTS LTD
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
4
300
300
Current assets
Debtors
5
11,418
11,418
Cash at bank and in hand
8
8
11,426
11,426
Creditors: amounts falling due within one year
6
(50,300)
Net current assets/(liabilities)
11,426
(38,874)
Net assets/(liabilities)
11,726
(38,574)
Capital and reserves
Called up share capital
15
15
Share premium account
50,300
Profit and loss reserves
(38,589)
(38,589)
Total equity
11,726
(38,574)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 29 August 2024
Mr Simon Greenhill
Director
Company registration number 12820428 (England and Wales)
GREENHILL HOSPITALITY & EVENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -
1
Accounting policies
Company information
Greenhill Hospitality & Events Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Papercourt Farm, Papercourt Lane, Ripley, Woking, GU23 6DT.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
GREENHILL HOSPITALITY & EVENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 4 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
4
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
300
300
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
11,403
11,403
6
Creditors: amounts falling due within one year
2023
2022
£
£
Advance share subscription
50,300