Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31truefalseNo description of principal activity2023-01-122trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14589349 2023-01-12 2024-01-31 14589349 2022-01-12 2023-01-11 14589349 2024-01-31 14589349 2023-01-11 14589349 c:Director1 2023-01-12 2024-01-31 14589349 c:RegisteredOffice 2023-01-12 2024-01-31 14589349 d:CurrentFinancialInstruments 2024-01-31 14589349 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 14589349 d:ShareCapital 2023-01-12 2024-01-31 14589349 d:ShareCapital 2024-01-31 14589349 d:ShareCapital 2023-01-11 14589349 d:RetainedEarningsAccumulatedLosses 2023-01-12 2024-01-31 14589349 d:RetainedEarningsAccumulatedLosses 2024-01-31 14589349 d:RetainedEarningsAccumulatedLosses 2023-01-11 14589349 c:OrdinaryShareClass1 2023-01-12 2024-01-31 14589349 c:OrdinaryShareClass1 2024-01-31 14589349 c:FRS102 2023-01-12 2024-01-31 14589349 c:AuditExempt-NoAccountantsReport 2023-01-12 2024-01-31 14589349 c:FullAccounts 2023-01-12 2024-01-31 14589349 c:PrivateLimitedCompanyLtd 2023-01-12 2024-01-31 14589349 e:PoundSterling 2023-01-12 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14589349











CARIBBEAN HOTEL SERVICES LIMITED
FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2024

 
CARIBBEAN HOTEL SERVICES LIMITED
 

COMPANY INFORMATION


Director
A Michelin 




Registered number
14589349



Registered office
Crockmore House
Fawley

Henley on Thames

Oxfordshire

RG9 6HY





 
CARIBBEAN HOTEL SERVICES LIMITED
 

CONTENTS



Page
Balance Sheet
 
1
Statement of Changes in Equity
 
2
Notes to the Financial Statements
 
3 - 6


 
CARIBBEAN HOTEL SERVICES LIMITED
REGISTERED NUMBER: 14589349

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
Note
£

Current assets
  

Debtors
 4 
39,296

Cash at bank and in hand
  
478,058

  
517,354

Creditors: amounts falling due within one year
 5 
(554,627)

Net liabilities
  
 
 
(37,273)


Capital and reserves
  

Allotted, called up and fully paid share capital
 6 
1

Profit and loss account
  
(37,274)

Equity shareholder's deficit
  
(37,273)


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 period 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 Director's Report and the Statement of Comprehensive Income in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 September 2024.




A Michelin
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
CARIBBEAN HOTEL SERVICES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JANUARY 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 12 January 2023
-
-
-


Comprehensive loss for the period

Loss for the period
-
(37,274)
(37,274)

Shares issued during the period
1
-
1


At 31 January 2024
1
(37,274)
(37,273)

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CARIBBEAN HOTEL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

1.


General information

Caribbean Hotel Services Limited (company number: 14589349), having its registered at Crockmore House, Fawley, Henley On Thames, Oxfordshire, RG9 6HY, is a private limited company incorporated in England and Wales.

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 financial statements are prepared in GBP sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £ (GBP).
The Company was incorporated on 12 January 2023 and commenced trading on the same date.

The following principal accounting policies have been applied:

  
2.2

Statement of Cash Flows

The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.

  
2.3

Going concern

At the Balance Sheet date the Company had net liabilities of £37,273.
The Company has the support of its sole director and shareholder for the foreseeable future and for a period of at least 12 months from the date of signing these financial statements. On this basis the directors deem it appropriate to prepare these financial statements on the going concern basis.

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
CARIBBEAN HOTEL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period-end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of 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. 
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Page 4

 
CARIBBEAN HOTEL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.11

Taxation

Taxation is recognised in the Statement of Comprehensive Income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2024
£

Due within one year

Other debtors
38,632

Prepayments and accrued income
664

39,296


Page 5

 
CARIBBEAN HOTEL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

5.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
8,143

Other taxation and social security
1,893

Other creditors
519,346

Accruals and deferred income
25,245

554,627



6.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary share of £1
1


During the period, the Company issued 1 Ordinary share of £1, for consideration of £1 per share.


7.


Pension commitments

In the current period, the Company made contributions into an employee pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents the contributions made by the Company of £667. £900 was payable to the fund at the Balance Sheet date.


Page 6