Company Registration No. 11574320 (England and Wales)
Bourton Cottages Ltd
Unaudited accounts
for the year ended 30 September 2024
Bourton Cottages Ltd
Unaudited accounts
Contents
Bourton Cottages Ltd
Company Information
for the year ended 30 September 2024
Directors
Adam Lane
Suzanne Lane
Holly Lane
Madeline Lane
Company Number
11574320 (England and Wales)
Registered Office
The Granary
Church Lane
Droitwich
Worcestershire
WR9 7LG
Engalnd
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
Bourton Cottages Ltd
Statement of financial position
as at 30 September 2024
Investment property
450,000
304,517
Cash at bank and in hand
1,141
11,355
Creditors: amounts falling due within one year
(247,246)
(270,383)
Net current liabilities
(246,105)
(259,028)
Called up share capital
10
10
Revaluation reserve
181,854
-
Profit and loss account
22,031
45,479
Shareholders' funds
203,895
45,489
For the year ending 30 September 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by
Adam Lane
Director
Company Registration No. 11574320
Bourton Cottages Ltd
Notes to the Accounts
for the year ended 30 September 2024
Bourton Cottages Ltd is a private company, limited by shares, registered in England and Wales, registration number 11574320. The registered office is The Granary, Church Lane, Droitwich, Worcestershire, WR9 7LG, Engalnd.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the stay.
The accounts are presented in £ sterling.
Fair value at 1 October 2023
304,517
Net gain from fair value adjustments
145,483
At 30 September 2024
450,000
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,053
2,209
Other creditors
90,998
98,998
Loans from directors
152,805
168,786
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).