Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302025-05-2902023-06-01falseDry ski facility1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14909874 2023-05-31 14909874 2023-06-01 2024-06-30 14909874 2022-06-01 2023-05-31 14909874 2024-06-30 14909874 c:Director1 2023-06-01 2024-06-30 14909874 d:Buildings d:LongLeaseholdAssets 2023-06-01 2024-06-30 14909874 d:Buildings d:LongLeaseholdAssets 2024-06-30 14909874 d:PlantMachinery 2023-06-01 2024-06-30 14909874 d:PlantMachinery 2024-06-30 14909874 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-06-30 14909874 d:OwnedOrFreeholdAssets 2023-06-01 2024-06-30 14909874 d:CurrentFinancialInstruments 2024-06-30 14909874 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14909874 d:ShareCapital 2024-06-30 14909874 d:RetainedEarningsAccumulatedLosses 2024-06-30 14909874 c:OrdinaryShareClass1 2023-06-01 2024-06-30 14909874 c:OrdinaryShareClass1 2024-06-30 14909874 c:FRS102 2023-06-01 2024-06-30 14909874 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-06-30 14909874 c:FullAccounts 2023-06-01 2024-06-30 14909874 c:PrivateLimitedCompanyLtd 2023-06-01 2024-06-30 14909874 e:PoundSterling 2023-06-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14909874









SOUTH WILTS SKI LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2024

 
SOUTH WILTS SKI LTD
REGISTERED NUMBER: 14909874

BALANCE SHEET
AS AT 30 JUNE 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
116,802

  
116,802

Current assets
  

Debtors: amounts falling due within one year
 5 
5,400

Cash at bank and in hand
 6 
18,867

  
24,267

Creditors: amounts falling due within one year
 7 
(187,232)

Net current (liabilities)/assets
  
 
 
(162,965)

Total assets less current liabilities
  
(46,163)

  

Net (liabilities)/assets
  
(46,163)


Capital and reserves
  

Called up share capital 
  
10

Profit and loss account
  
(46,173)

  
(46,163)


Page 1

 
SOUTH WILTS SKI LTD
REGISTERED NUMBER: 14909874
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers 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 director acknowledges his 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 statement of income and retained earnings 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 on 29 May 2025.




................................................
Nicholas Jenkins
Director

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

Page 2

 
SOUTH WILTS SKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

South Wilts Ski Ltd is a private company, incorporated in England and Wales, limited by its share capital.  The Company was incorporated on 1 June 2023 and commenced trading on that date.  The principal activity of the company was the provision of a dry ski slope facility.

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

Going concern

The accounts have been prepared on a going concern basis, with the support pledged from the director for the foreseeable future.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.4

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.

Page 3

 
SOUTH WILTS SKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Leasehold Improvements
-
10%
reducing balance
Plant and machinery
-
20%
reducing balance

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.

 
2.5

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.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

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.


3.


Employees

2024
£

Wages and salaries
1,033

1,033


The average monthly number of employees, including directors, during the period was 1.

Page 4

 
SOUTH WILTS SKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

4.


Tangible fixed assets





Leasehold Improvements
Plant and machinery
Total

£
£
£



Cost or valuation


Additions
54,604
84,572
139,176



At 30 June 2024

54,604
84,572
139,176



Depreciation


Charge for the period on owned assets
5,460
16,914
22,374



At 30 June 2024

5,460
16,914
22,374



Net book value



At 30 June 2024
49,144
67,658
116,802


5.


Debtors

2024
£


Other debtors
5,400

5,400



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
18,867

18,867


Page 5

 
SOUTH WILTS SKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
206

Other creditors
185,826

Accruals and deferred income
1,200

187,232



8.


Share capital

2024
£
Allotted, called up and fully paid


1,000 Ordinary shares of £0.01 each
10


Upon incorporation 1000 ordinary shares were issued at par.


9.


Controlling party

The Company is contolled by the Director, Nicholas Jenkins, by virtue of his shareholding, as described in the Director's report.

 
Page 6