REGISTERED NUMBER: |
RA SPA-JET (HOLDINGS) LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 26 APRIL 2023 TO 31 DECEMBER 2023 |
REGISTERED NUMBER: |
RA SPA-JET (HOLDINGS) LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 26 APRIL 2023 TO 31 DECEMBER 2023 |
RA SPA-JET (HOLDINGS) LIMITED (REGISTERED NUMBER: NI696666) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 26 April 2023 to 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
RA SPA-JET (HOLDINGS) LIMITED |
COMPANY INFORMATION |
for the period 26 April 2023 to 31 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
4 Comber Street |
Saintfield |
BALLYNAHINCH |
BT24 7AZ |
RA SPA-JET (HOLDINGS) LIMITED (REGISTERED NUMBER: NI696666) |
BALANCE SHEET |
31 December 2023 |
Notes | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
RA SPA-JET (HOLDINGS) LIMITED (REGISTERED NUMBER: NI696666) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 26 April 2023 to 31 December 2023 |
1. | STATUTORY INFORMATION |
RA Spa-Jet (Holdings) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about RA Spa-Jet (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments in subsidiaries |
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
RA SPA-JET (HOLDINGS) LIMITED (REGISTERED NUMBER: NI696666) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 26 April 2023 to 31 December 2023 |
2. | ACCOUNTING POLICIES - continued |
Debtors |
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
Creditors |
Short term creditors are measured at transaction price (which is usually the invoice price\. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
6. | SECURED DEBTS |
Trade debtors of a subsidiary are covered by an invoice discounting arrangement any monies advanced under the invoice discounting arrangement and are secured on the company's assets. |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary shares | £1 | 100 |
100 Ordinary shares shares of £1 each were allotted and fully paid for |
RA SPA-JET (HOLDINGS) LIMITED (REGISTERED NUMBER: NI696666) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 26 April 2023 to 31 December 2023 |
8. | RELATED PARTY DISCLOSURES |
Included within other creditors at note 5 are totalling £7 |
9. | ULTIMATE CONTROLLING PARTY |
Mr R McKay and Mrs A McKay who together own the majority of the issued share capital are considered to be the ultimate controlling party. |