Company registration number 10200746 (England and Wales)
KEYNSHAM WATERFRONT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
KEYNSHAM WATERFRONT LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
548,814
562,376
Current assets
176,225
114,599
Prepayments and accrued income
116,027
153,046
Creditors: amounts falling due within one year
(812,039)
(751,009)
Net current liabilities
(519,787)
(483,364)
Total assets less current liabilities
29,027
79,012
Accruals and deferred income
(2,022)
(2,064)
Net assets
27,005
76,948
Capital and reserves
27,005
76,948
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
The Company made the following loans and advances to directors:
Advances to Directors
The balance owed to the director at the beginning of the year was £231,325 and at the end of the year was £251,455.
This loan is interest free, unsecured and has no repayment terms.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
3
Related party transactions
At the year end, MJ Bendall and Partners Limited, a Company in which the Director of Keynsham Waterfront Ltd is also a Director, owed the company £507,083 (2023: £507,083). The loan is repayable on demand and interest free.
Keynsham Waterfront Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 2, Greenways Business Park, Bellinger Close, CHIPPENHAM, England, SN15 1BN.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
KEYNSHAM WATERFRONT LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 29 September 2024
Mr S C Bendall
Director
Company registration number 10200746 (England and Wales)