St Moritz Enterprises Limited 08130555 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the running of the Royal Oak public house. Trade ceased in the prior year. Digita Accounts Production Advanced 6.30.9574.0 true 08130555 2023-04-01 2024-03-31 08130555 2024-03-31 08130555 bus:OrdinaryShareClass1 2024-03-31 08130555 core:RetainedEarningsAccumulatedLosses 2024-03-31 08130555 core:ShareCapital 2024-03-31 08130555 core:SharePremium 2024-03-31 08130555 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08130555 bus:SmallEntities 2023-04-01 2024-03-31 08130555 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08130555 bus:FilletedAccounts 2023-04-01 2024-03-31 08130555 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08130555 bus:RegisteredOffice 2023-04-01 2024-03-31 08130555 bus:Director2 2023-04-01 2024-03-31 08130555 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 08130555 bus:EntityHasNeverTraded 2023-04-01 2024-03-31 08130555 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08130555 core:FurnitureFittings 2023-04-01 2024-03-31 08130555 core:PlantMachinery 2023-04-01 2024-03-31 08130555 countries:EnglandWales 2023-04-01 2024-03-31 08130555 2022-04-01 2023-03-31 08130555 2023-03-31 08130555 bus:OrdinaryShareClass1 2023-03-31 08130555 core:RetainedEarningsAccumulatedLosses 2023-03-31 08130555 core:ShareCapital 2023-03-31 08130555 core:SharePremium 2023-03-31 08130555 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

St Moritz Enterprises Limited

Annual Report and Unaudited Financial Statements
Year Ended 31 March 2024

Registration number: 08130555

 

St Moritz Enterprises Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

St Moritz Enterprises Limited

Balance Sheet

31 March 2024

Note

2024
£

2023
£

Capital and reserves

 

Called up share capital

6

200

200

Share premium reserve

79,900

79,900

Profit and loss account

(80,100)

(80,100)

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year 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 and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 27 January 2025 and signed on its behalf by:
 

.........................................
H Ridgway
Director

Company Registration Number: 08130555

 

St Moritz Enterprises Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2024

1

General information

The company no longer trades and has no principal place of business.

The address of its registered office is:
Lowin House
Tregolls Road
Truro
Cornwall
TR1 2NA

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

These financial statements were authorised for issue by the Board on 27 January 2025.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Depreciation

Asset class

Depreciation method and rate

Plant and machinery

10% reducing balance

Fixtures and fittings

10% reducing balance

Tax

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 

St Moritz Enterprises Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2024

Financial instruments

Classification
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

All financial instruments are classified as basic.

 Recognition and measurement
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments. Where the arrangement constitutes a financing transaction the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments. Where the item constitutes a financing transaction the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

3

Critical judgement and estimation uncertainty

In applying the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

4

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

 

St Moritz Enterprises Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2024

5

Debtors

2024
£

2023
£

-

-

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

200

200

200

200