1 December 2022 false No description of principal activity Taxfiler 2024.6 12340166business:PrivateLimitedCompanyLtd2022-12-012024-02-29 123401662022-11-30 123401662022-12-012024-02-29 12340166business:AuditExemptWithAccountantsReport2022-12-012024-02-29 12340166business:FilletedAccounts2022-12-012024-02-29 123401662024-02-29 123401662022-11-30 12340166core:WithinOneYear2024-02-29 12340166core:WithinOneYear2022-11-30 12340166core:AfterOneYear2024-02-29 12340166core:AfterOneYear2022-11-30 12340166core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 12340166core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 12340166core:SharePremiumcore:PreviouslyStatedAmount2024-02-29 12340166core:SharePremiumcore:PreviouslyStatedAmount2022-11-30 12340166core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 12340166core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 12340166core:PreviouslyStatedAmount2024-02-29 12340166core:PreviouslyStatedAmount2022-11-30 12340166business:SmallEntities2022-12-012024-02-29 12340166business:Director12022-12-012024-02-29 12340166countries:EnglandWales2022-12-012024-02-29 12340166business:RegisteredOffice2022-12-012024-02-29 123401662021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 12340166 (England and Wales)
Suffolk Spa Retreats Ltd Unaudited accounts for the period from 1 December 2022 to 29 February 2024
Suffolk Spa Retreats Ltd Statement of financial position as at 29 February 2024
2024 
2022 
Notes
£ 
£ 
Current assets
Inventories
839,555 
- 
Debtors
1,404 
311,291 
Cash at bank and in hand
8,063 
824 
849,022 
312,115 
Creditors: amounts falling due within one year
11,139 
(319,109)
Net current assets/(liabilities)
860,161 
(6,994)
Total assets less current liabilities
860,161 
(6,994)
Creditors: amounts falling due after more than one year
(651,258)
(36,301)
Net assets/(liabilities)
208,903 
(43,295)
Capital and reserves
Called up share capital
200 
200 
Share premium
260,000 
- 
Profit and loss account
(51,297)
(43,495)
Shareholders' funds
208,903 
(43,295)
For the period ending 29 February 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 20 August 2024 and were signed on its behalf by
Paul Nicholas Green Director Company Registration No. 12340166
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Suffolk Spa Retreats Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
1
Statutory information
Suffolk Spa Retreats Ltd is a private company, limited by shares, registered in England and Wales, registration number 12340166. The registered office is Aston Shaw, Union Building, 51-59 Rose Lane, Norwich, Norfolk, NR1 1BY, England.
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.
3
Accounting policies
These financial statements for the period from 1 December 2022 to 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,404 
339 
Accrued income and prepayments
- 
252 
Other debtors
- 
310,700 
1,404 
311,291 
5
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
5,514 
5,514 
Trade creditors
2,328 
928 
Loans from directors
(24,381)
312,184 
Accruals
5,400 
483 
(11,139)
319,109 
6
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
28,958 
36,301 
Amounts owed to group undertakings and other participating interests
622,300 
- 
651,258 
36,301 
- 3 -
Suffolk Spa Retreats Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
7
Average number of employees
During the period the average number of employees was 2 (2022: 3).
- 4 -