IRIS Accounts Production v24.2.0.383 04412213 director 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044122132023-07-31044122132024-07-31044122132023-08-012024-07-31044122132022-07-31044122132022-08-012023-07-31044122132023-07-3104412213ns15:EnglandWales2023-08-012024-07-3104412213ns14:PoundSterling2023-08-012024-07-3104412213ns10:Director12023-08-012024-07-3104412213ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3104412213ns10:SmallEntities2023-08-012024-07-3104412213ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3104412213ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3104412213ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3104412213ns10:FullAccounts2023-08-012024-07-310441221312023-08-012024-07-3104412213ns10:RegisteredOffice2023-08-012024-07-3104412213ns5:CurrentFinancialInstruments2024-07-3104412213ns5:CurrentFinancialInstruments2023-07-3104412213ns5:ShareCapital2024-07-3104412213ns5:ShareCapital2023-07-3104412213ns5:RetainedEarningsAccumulatedLosses2024-07-3104412213ns5:RetainedEarningsAccumulatedLosses2023-07-3104412213ns5:NetGoodwill2023-08-012024-07-3104412213ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3104412213ns5:PlantMachinery2023-08-012024-07-3104412213ns5:FurnitureFittings2023-08-012024-07-3104412213ns5:ComputerEquipment2023-08-012024-07-3104412213ns5:NetGoodwill2023-07-3104412213ns5:NetGoodwill2024-07-3104412213ns5:NetGoodwill2023-07-3104412213ns5:PlantMachinery2023-07-3104412213ns5:FurnitureFittings2023-07-3104412213ns5:ComputerEquipment2023-07-3104412213ns5:PlantMachinery2024-07-3104412213ns5:FurnitureFittings2024-07-3104412213ns5:ComputerEquipment2024-07-3104412213ns5:PlantMachinery2023-07-3104412213ns5:FurnitureFittings2023-07-3104412213ns5:ComputerEquipment2023-07-3104412213ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-07-3104412213ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-31044122131ns10:Director12023-07-31044122131ns10:Director12022-07-31044122131ns10:Director12023-08-012024-07-31044122131ns10:Director12022-08-012023-07-31044122131ns10:Director12024-07-31044122131ns10:Director12023-07-31
REGISTERED NUMBER: 04412213 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Sycamore Lodge (North Wales) Ltd

Sycamore Lodge (North Wales) Ltd (Registered number: 04412213)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Sycamore Lodge (North Wales) Ltd

Company Information
for the year ended 31 July 2024







DIRECTOR: Mrs V A Campbell-Elias





REGISTERED OFFICE: Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY





REGISTERED NUMBER: 04412213 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY

Sycamore Lodge (North Wales) Ltd (Registered number: 04412213)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 18,422 8,693
18,422 8,693

CURRENT ASSETS
Debtors 6 60,222 31,199
Cash at bank 114,531 56,866
174,753 88,065
CREDITORS
Amounts falling due within one year 7 125,188 37,012
NET CURRENT ASSETS 49,565 51,053
TOTAL ASSETS LESS CURRENT LIABILITIES 67,987 59,746

PROVISIONS FOR LIABILITIES 3,359 1,480
NET ASSETS 64,628 58,266

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 64,528 58,166
SHAREHOLDERS' FUNDS 64,628 58,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2024 and were signed by:





Mrs V A Campbell-Elias - Director


Sycamore Lodge (North Wales) Ltd (Registered number: 04412213)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Sycamore Lodge (North Wales) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. 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.

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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 23 ) .

Sycamore Lodge (North Wales) Ltd (Registered number: 04412213)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 40,000
AMORTISATION
At 1 August 2023
and 31 July 2024 40,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 10,050 80,879 2,413 93,342
Additions 9,200 10,390 1,062 20,652
At 31 July 2024 19,250 91,269 3,475 113,994
DEPRECIATION
At 1 August 2023 9,224 73,150 2,275 84,649
Charge for year 2,549 7,946 428 10,923
At 31 July 2024 11,773 81,096 2,703 95,572
NET BOOK VALUE
At 31 July 2024 7,477 10,173 772 18,422
At 31 July 2023 826 7,729 138 8,693

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,750 12,750
Other debtors 42,472 18,449
60,222 31,199

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 10,532 5,773
Other creditors 114,656 31,239
125,188 37,012

Sycamore Lodge (North Wales) Ltd (Registered number: 04412213)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mrs V A Campbell-Elias
Balance outstanding at start of year 18,449 19,982
Amounts advanced 99,763 113,191
Amounts repaid (75,740 ) (114,724 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,472 18,449

The loan is interest free, repayable upon demand, and will be repaid in full on 31 March 2025.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Sycamore Lodge (North Wales) Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sycamore Lodge (North Wales) Ltd for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Sycamore Lodge (North Wales) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sycamore Lodge (North Wales) Ltd and state those matters that we have agreed to state to the director of Sycamore Lodge (North Wales) Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sycamore Lodge (North Wales) Ltd and its director for our work or for this report.

It is your duty to ensure that Sycamore Lodge (North Wales) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sycamore Lodge (North Wales) Ltd. You consider that Sycamore Lodge (North Wales) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sycamore Lodge (North Wales) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY


2 October 2024