Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-302024-05-302025-05-272falseHoliday and other collective accomodation2023-02-012falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13118330 2023-02-01 2024-05-30 13118330 2022-01-31 2023-01-31 13118330 2024-05-30 13118330 2023-01-31 13118330 c:Director1 2023-02-01 2024-05-30 13118330 d:PlantMachinery 2023-02-01 2024-05-30 13118330 d:PlantMachinery 2024-05-30 13118330 d:PlantMachinery 2023-01-31 13118330 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-01 2024-05-30 13118330 d:FreeholdInvestmentProperty 2024-05-30 13118330 d:FreeholdInvestmentProperty 2023-01-31 13118330 d:CurrentFinancialInstruments 2024-05-30 13118330 d:CurrentFinancialInstruments 2023-01-31 13118330 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-30 13118330 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13118330 d:ShareCapital 2024-05-30 13118330 d:ShareCapital 2023-01-31 13118330 d:RetainedEarningsAccumulatedLosses 2024-05-30 13118330 d:RetainedEarningsAccumulatedLosses 2023-01-31 13118330 c:FRS102 2023-02-01 2024-05-30 13118330 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-05-30 13118330 c:FullAccounts 2023-02-01 2024-05-30 13118330 c:PrivateLimitedCompanyLtd 2023-02-01 2024-05-30 13118330 e:PoundSterling 2023-02-01 2024-05-30 iso4217:GBP xbrli:pure

Registered number: 13118330









WATERLOO FMH LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 MAY 2024

 
WATERLOO FMH LTD
REGISTERED NUMBER: 13118330

BALANCE SHEET
AS AT 30 MAY 2024

30 May
31 January
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,967
8,002

Investment property
 5 
955,165
955,165

  
959,132
963,167

Current assets
  

Debtors: amounts falling due within one year
 6 
100
100

  
100
100

Creditors: amounts falling due within one year
 7 
(992,542)
(968,239)

Net current liabilities
  
 
 
(992,442)
 
 
(968,139)

Total assets less current liabilities
  
(33,310)
(4,972)

  

Net liabilities
  
(33,310)
(4,972)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(33,410)
(5,072)

  
(33,310)
(4,972)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


Page 1

 
WATERLOO FMH LTD
REGISTERED NUMBER: 13118330
    
BALANCE SHEET (CONTINUED)
AS AT 30 MAY 2024



M Adams
Director

Date: 27 May 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WATERLOO FMH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MAY 2024

1.


General information

The principal activity of the company is holiday and other collective accomodation.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
5 year straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
WATERLOO FMH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MAY 2024

3.


Employees

The average monthly number of employees, including directors, during the Period was 2 (2023 - 2).


4.


Tangible fixed assets







Plant and machinery

£



Cost or valuation


At 1 February 2023
8,002



At 30 May 2024

8,002



Depreciation


Charge for the Period on owned assets
4,035



At 30 May 2024

4,035



Net book value



At 30 May 2024
3,967



At 31 January 2023
8,002

Page 4

 
WATERLOO FMH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MAY 2024

5.


Investment property





Freehold investment property

£



Valuation


At 1 February 2023
955,165



At 30 May 2024
955,165

There has been no valuation of investment property by an independent valuer.

The 2024 valuations were made by no surveyor, no valuation was made in period ended 2024, on an open market value for existing use basis.



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:




6.


Debtors

30 May
31 January
2024
2023
£
£


Amounts owed by group undertakings
100
100

100
100



7.


Creditors: Amounts falling due within one year

30 May
31 January
2024
2023
£
£

Trade creditors
1,216
1,216

Amounts owed to group undertakings
990,076
965,773

Accruals and deferred income
1,250
1,250

992,542
968,239


Page 5

 
WATERLOO FMH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MAY 2024

8.


Related party transactions

Donostia Holdings Limited (Parent)
At the balance sheet date, amount due from Donostia Holdings Limited was £100 (2023: £100).
Donostia Restaurants Limited (Fellow Subsidiary)
At the balance sheet date, amount due to Donostia Restaurants Limited was £988,247 (2023: £965,773)
Lurra Ltd (Fellow Subsidiary)
At the balance sheet date, amount due to Lurra Ltd was £1,829 (2023:nil).
These loans were interest-free and there were no terms for repayment.


9.


Controlling party

The ultimate controlling party at the balance sheet date was Donostia Holdings Limited.

 
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