Acorah Software Products - Accounts Production 15.0.600 false true false 9 September 2022 30 September 2023 30 September 2023 14347791 Mrs Nicky Mackenzie Mr Keil Stewart Miss Natalie Mackenzie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14347791 2022-09-08 14347791 2023-09-30 14347791 2022-09-09 2023-09-30 14347791 frs-core:CurrentFinancialInstruments 2023-09-30 14347791 frs-core:Non-currentFinancialInstruments 2023-09-30 14347791 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 14347791 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-09 2023-09-30 14347791 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-08 14347791 frs-core:PlantMachinery 2023-09-30 14347791 frs-core:PlantMachinery 2022-09-09 2023-09-30 14347791 frs-core:PlantMachinery 2022-09-08 14347791 frs-core:ShareCapital 2023-09-30 14347791 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 14347791 frs-bus:PrivateLimitedCompanyLtd 2022-09-09 2023-09-30 14347791 frs-bus:FilletedAccounts 2022-09-09 2023-09-30 14347791 frs-bus:SmallEntities 2022-09-09 2023-09-30 14347791 frs-bus:AuditExempt-NoAccountantsReport 2022-09-09 2023-09-30 14347791 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-09 2023-09-30 14347791 frs-bus:Director1 2022-09-09 2023-09-30 14347791 frs-bus:Director2 2022-09-09 2023-09-30 14347791 frs-bus:Director3 2022-09-09 2023-09-30 14347791 frs-countries:EnglandWales 2022-09-09 2023-09-30
Registered number: 14347791
Llanwern Village Hotel And Bar Ltd
Unaudited Financial Statements
For the Period 9 September 2022 to 30 September 2023
N T Ellis Chartered Accountants
4 Risca Road
Newport
NP20 4JW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14347791
30 September 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 483,473
483,473
CURRENT ASSETS
Stocks 5 9,283
Debtors 6 1,801
Cash at bank and in hand 21,866
32,950
Creditors: Amounts Falling Due Within One Year 7 (425,713 )
NET CURRENT ASSETS (LIABILITIES) (392,763 )
TOTAL ASSETS LESS CURRENT LIABILITIES 90,710
Creditors: Amounts Falling Due After More Than One Year 8 (253,836 )
NET LIABILITIES (163,126 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (163,226 )
SHAREHOLDERS' FUNDS (163,126)
Page 1
Page 2
For the period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Nicky Mackenzie
Director
02/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Llanwern Village Hotel And Bar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14347791 . The registered office is 2 Risca Road, Newport, NP20 4JW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Plant & Machinery 20% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 13
13
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 9 September 2022 - - -
Additions 450,000 45,380 495,380
As at 30 September 2023 450,000 45,380 495,380
...CONTINUED
Page 3
Page 4
Depreciation
As at 9 September 2022 - - -
Provided during the period 7,875 4,032 11,907
As at 30 September 2023 7,875 4,032 11,907
Net Book Value
As at 30 September 2023 442,125 41,348 483,473
As at 9 September 2022 - - -
5. Stocks
30 September 2023
£
Stock - Inventory Bar 5,580
Stock - Inventory Food 3,703
9,283
6. Debtors
30 September 2023
£
Due within one year
Other debtors 1,801
7. Creditors: Amounts Falling Due Within One Year
30 September 2023
£
Trade creditors 3,933
Bank loans and overdrafts 7,540
Amounts owed to group undertakings 126,786
Other creditors 286,391
Taxation and social security 1,063
425,713
8. Creditors: Amounts Falling Due After More Than One Year
30 September 2023
£
Bank loans 253,836
9. Share Capital
30 September 2023
£
Allotted, Called up and fully paid 100
Page 4