REGISTERED NUMBER: |
Financial Statements for the Period 11 April 2023 to 31 July 2024 |
for |
Brackenborough Lakes Limited |
REGISTERED NUMBER: |
Financial Statements for the Period 11 April 2023 to 31 July 2024 |
for |
Brackenborough Lakes Limited |
Brackenborough Lakes Limited (Registered number: 14792293) |
Contents of the Financial Statements |
for the Period 11 April 2023 to 31 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Brackenborough Lakes Limited |
Company Information |
for the Period 11 April 2023 to 31 July 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Brackenborough Lakes Limited (Registered number: 14792293) |
Balance Sheet |
31 July 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The financial statements were approved by the director and authorised for issue on |
Brackenborough Lakes Limited (Registered number: 14792293) |
Notes to the Financial Statements |
for the Period 11 April 2023 to 31 July 2024 |
1. | STATUTORY INFORMATION |
Brackenborough Lakes Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Land - not provided |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Going concern |
The company is supported by the group. There are therefore no issues in preparing the accounts on a |
going concern basis. |
Brackenborough Lakes Limited (Registered number: 14792293) |
Notes to the Financial Statements - continued |
for the Period 11 April 2023 to 31 July 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | TANGIBLE FIXED ASSETS |
Land |
£ |
COST |
Additions |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
Included in cost of land and buildings is freehold land of £ 1,696,695 which is not depreciated. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |
The bank loan is secured against the land owned within freehold property of the company. |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
Brackenborough Lakes Limited (Registered number: 14792293) |
Notes to the Financial Statements - continued |
for the Period 11 April 2023 to 31 July 2024 |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is Oak Ridge Hotels Limited. |
The ultimate controlling party is A R Lidgard. |