Company Registration No. 13369311 (England and Wales)
Barn Retreat Leisure Ltd
Unaudited accounts
for the year ended 30 April 2024
Barn Retreat Leisure Ltd
Unaudited accounts
Contents
Barn Retreat Leisure Ltd
Company Information
for the year ended 30 April 2024
Directors
Paul Steven Fowler
Lisa Fowler
Company Number
13369311 (England and Wales)
Registered Office
28 South End
Hogsthorpe
Skegness
Lincolnshire
PE24 5NE
United Kingdom
Accountants
WatsonCo Chartered Accountants
Croft House Farm
Croft Marsh Lane
Croft
Lincolnshire
PE24 4AR
Barn Retreat Leisure Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
722,426
712,554
Cash at bank and in hand
13,767
9,685
Creditors: amounts falling due within one year
(511,275)
(478,327)
Net current liabilities
(497,358)
(468,412)
Total assets less current liabilities
225,068
244,142
Creditors: amounts falling due after more than one year
(267,941)
(278,216)
Net liabilities
(42,873)
(34,074)
Called up share capital
2
2
Profit and loss account
(42,875)
(34,076)
Shareholders' funds
(42,873)
(34,074)
For the year ending 30 April 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 25 January 2025 and were signed on its behalf by
Paul Steven Fowler
Director
Company Registration No. 13369311
Barn Retreat Leisure Ltd
Notes to the Accounts
for the year ended 30 April 2024
Barn Retreat Leisure Ltd is a private company, limited by shares, registered in England and Wales, registration number 13369311. The registered office is 28 South End, Hogsthorpe, Skegness, Lincolnshire, PE24 5NE, United Kingdom.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
3% reducing balance
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
These financial statements have been prepared on the going concern basis. Although the company had net liabilities at the balance sheet date, the directors will continue to support the company.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
704,430
-
16,189
720,619
Additions
3,717
11,446
1,270
16,433
At 30 April 2024
708,147
11,446
17,459
737,052
At 1 May 2023
1,592
-
6,473
8,065
Charge for the year
950
2,861
2,750
6,561
At 30 April 2024
2,542
2,861
9,223
14,626
At 30 April 2024
705,605
8,585
8,236
722,426
At 30 April 2023
702,838
-
9,716
712,554
Barn Retreat Leisure Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,139
12,003
Loans from directors
470,568
459,456
Deferred income
27,838
2,356
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
267,941
278,216
The facilities and loan of £279,080 provided by National Westminster Bank Plc are secured by legal charges including a fixed charge over all present freehold property and fixed and floating charges over all assets of the undertaking.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).