Registered number: 00596579 | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2023 | ||||||||
Prepared By: | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
First Floor, 690 Great West Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4PU |
Fiveacres Country Club Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 00596579 | ||||||||
ACCOUNTANTS | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
First Floor, 690 Great West Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4PU |
Fiveacres Country Club Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 DECEMBER 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Fiveacres Country Club Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
47,014 | 67,829 | |||||||||
CREDITORS: Amounts falling due within one year | 3 | |||||||||
NET CURRENT ASSETS | 18,108 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Revaluation reserve | 1e,6 | 154,189 | 154,189 | |||||||
Other reserves | 7 | 18,491 | 18,491 | |||||||
Profit and loss account | 40,443 | 45,270 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Fiveacres Country Club Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Land And Buildings | straight line 0% - 10% | |||||||
Plant and Machinery | reducing balance 10% | |||||||
Fixtures and Fittings | reducing balance 25% |
1c. Taxation | ||||||||
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. |
1d. Turnover | ||||||||
Turnover represents membership subscriptions and camping rentals and are recognised on an accruals and receivable basis respectively. |
1e. Revaluation Reserve | ||||||||
The revaluation reserve arises on the uplift of cost to deemed cost on the Land and buildings on transition to FRS 102. |
1f. Statutory Information | ||||||||
Fiveacres Country Club Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 00596579 and registered office address is 10 Five Acres Avenue, Bricket Wood, St. Albans, England, AL2 3PY . |
1g. Financial Instruments | ||||||||
The company only enters into basic financial instruments 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. |
Fiveacres Country Club Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||
Land And | Plant and | Fixtures | ||||||
Buildings | Machinery | and Fittings | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 January 2023 | 202,850 | 93,805 | 254 | 296,909 | ||||
At 31 December 2023 | 202,850 | 93,805 | 254 | 296,909 | ||||
Depreciation | ||||||||
At 1 January 2023 | 21,005 | 75,088 | 174 | 96,267 | ||||
For the year | 2,320 | 1,872 | 20 | 4,212 | ||||
At 31 December 2023 | 23,325 | 76,960 | 194 | 100,479 | ||||
Net Book Amounts | ||||||||
At 31 December 2023 | 196,430 | |||||||
At 31 December 2022 | 200,642 | |||||||
Fiveacres Country Club Limited | ||||||||
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Taxation and social security | 6,431 | 9,071 | ||||||
Directors current account | 16,966 | 38,154 | ||||||
Accruals and deferred income | 6,124 | 2,496 | ||||||
29,521 | 49,721 | |||||||
4. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
5. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
800 | 800 | |||||||
800 | 800 | |||||||
6. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Revaluation reserve | 154,189 | 154,189 | ||||||
154,189 | 154,189 | |||||||
7. OTHER RESERVES | 2023 | 2022 | ||||
£ | £ | |||||
Other reserves | 18,491 | 18,491 | ||||
18,491 | 18,491 | |||||