2 30/04/2024 2024-04-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-05-01 Sage Accounts Production 23.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 04855481 2023-05-01 2024-04-30 04855481 2024-04-30 04855481 2023-04-30 04855481 2022-05-01 2023-04-30 04855481 2023-04-30 04855481 2022-04-30 04855481 bus:RegisteredOffice 2023-05-01 2024-04-30 04855481 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 04855481 bus:Director1 2023-05-01 2024-04-30 04855481 bus:Director2 2023-05-01 2024-04-30 04855481 core:WithinOneYear 2024-04-30 04855481 core:WithinOneYear 2023-04-30 04855481 core:ShareCapital 2024-04-30 04855481 core:ShareCapital 2023-04-30 04855481 core:RetainedEarningsAccumulatedLosses 2024-04-30 04855481 core:RetainedEarningsAccumulatedLosses 2023-04-30 04855481 bus:Director1 2023-04-30 04855481 bus:Director1 2022-04-30 04855481 bus:Director1 2023-04-30 04855481 bus:Director1 2022-05-01 2023-04-30 04855481 bus:SmallEntities 2023-05-01 2024-04-30 04855481 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 04855481 bus:FullAccounts 2023-05-01 2024-04-30 04855481 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04855481 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Company registration number: 04855481
Saunton Estates Limited
Unaudited filleted financial statements
30 April 2024
SAUNTON ESTATES LIMITED
DIRECTORS AND OTHER INFORMATION
Directors Mr Andre Pierre Stocke
Mrs Jeanette Stocke
Company number 04855481
Registered office Plym House
3 Longbridge Road, Marsh Mills
Plymouth
Devon
PL6 8LT
Accountants Westcotts
Plym House
3 Longbridge Road, Marsh Mills
Plymouth
Devon
PL6 8LT
SAUNTON ESTATES LIMITED
STATEMENT OF FINANCIAL POSITION
30 APRIL 2024
2024 2023
Note £ £ £ £
Current assets
Debtors 5 99 17,971
Cash at bank and in hand 71,025 71,618
_______ _______
71,124 89,589
Creditors: amounts falling due
within one year 6 ( 720) ( 720)
_______ _______
Net current assets 70,404 88,869
_______ _______
Total assets less current liabilities 70,404 88,869
_______ _______
Net assets 70,404 88,869
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 7 70,304 88,769
_______ _______
Shareholders funds 70,404 88,869
_______ _______
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 27 August 2024 , and are signed on behalf of the board by:
Mr Andre Pierre Stocke
Director
Company registration number: 04855481
SAUNTON ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 APRIL 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Plym House, 3 Longbridge Road, Marsh Mills, Plymouth, Devon, PL6 8LT.
Principal activity
The principal activity of the company was the operation of the contract to supply fruit machines and catering services in respect of the Torpoint Ferries. An independent third party was managing the contract on the company's behalf, but ended in November 2018 and the company is currently not trading.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with FRS 102, Section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland.The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continued support from the company's directors. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at theend of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Debtors
2024 2023
£ £
Other debtors 99 17,971
_______ _______
6. Creditors: amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 720 720
_______ _______
7. Reserves
Profit and loss account:This reserve records retained earnings and accumulated losses.
8. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Directors 17,750 - ( 17,750) -
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Directors 12,500 17,750 ( 12,500) 17,750
_______ _______ _______ _______