Braunton Holiday Lets Limited 14633513 false 2023-02-02 2024-02-28 2024-02-28 The principal activity of the company is the letting and operating of owned and leased real estate. Digita Accounts Production Advanced 6.30.9574.0 true true false 14633513 2023-02-02 2024-02-28 14633513 2024-02-28 14633513 core:RetainedEarningsAccumulatedLosses 2024-02-28 14633513 core:ShareCapital 2024-02-28 14633513 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 14633513 bus:SmallEntities 2023-02-02 2024-02-28 14633513 bus:AuditExemptWithAccountantsReport 2023-02-02 2024-02-28 14633513 bus:FullAccounts 2023-02-02 2024-02-28 14633513 bus:SmallCompaniesRegimeForAccounts 2023-02-02 2024-02-28 14633513 bus:RegisteredOffice 2023-02-02 2024-02-28 14633513 bus:Director1 2023-02-02 2024-02-28 14633513 bus:Director2 2023-02-02 2024-02-28 14633513 bus:PrivateLimitedCompanyLtd 2023-02-02 2024-02-28 14633513 1 2023-02-02 2024-02-28 14633513 countries:AllCountries 2023-02-02 2024-02-28 iso4217:GBP xbrli:pure

Registration number: 14633513

Braunton Holiday Lets Limited

Filleted Unaudited Financial Statements

for the Period from 2 February 2023 to 28 February 2024

 

Braunton Holiday Lets Limited
(Registration number: 14633513)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Braunton Holiday Lets Limited
(Registration number: 14633513)

Company Information

Directors

Mr A J Wreford

Mrs K E Wreford

Registered office

1 Colleton Crescent
Exeter
Devon
EX2 4DG

Accountants

Thompson Jenner LLP
1 Colleton Crescent
Exeter
Devon
EX2 4DG

 

Braunton Holiday Lets Limited
(Registration number: 14633513)

Balance Sheet as at 28 February 2024

Note

2024
£

Current assets

 

Cash at bank and in hand

 

1

Creditors: Amounts falling due within one year

4

(8,397)

Net liabilities

 

(8,396)

Capital and reserves

 

Called up share capital

1

Profit and loss account

(8,397)

Total equity

 

(8,396)

For the financial period ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 30 October 2024 and signed on its behalf by:
 

.........................................
Mr A J Wreford
Director

 

Braunton Holiday Lets Limited
(Registration number: 14633513)

Notes to the Unaudited Financial Statements for the Period from 2 February 2023 to 28 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Colleton Crescent
Exeter
Devon
EX2 4DG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts..

Going concern

The company has net liabilities and is reliant on the support of the directors. The directors are willing to support the company for the forseeable future and are confident that the company can meet its ongoing liabilities as they fall due. As a result the financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Braunton Holiday Lets Limited
(Registration number: 14633513)

Notes to the Unaudited Financial Statements for the Period from 2 February 2023 to 28 February 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Creditors

Note

2024
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7,397

Accrued expenses

 

1,000

 

8,397

5

Parent and ultimate parent undertaking

The company's immediate parent is Legacy Property Assets Limited, incorporated in England and Wales.