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Company Registration No. 13737497 (England and Wales)
The Atlantic (South Beach) Tenby Limited Unaudited accounts for the year ended 31 December 2024
The Atlantic (South Beach) Tenby Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Atlantic (South Beach) Tenby Limited Company Information for the year ended 31 December 2024
Directors
Wayne Thomas Christopher Earland
Company Number
13737497 (England and Wales)
Registered Office
Unit 2 Maritime Offices Woodland Terrace Maesycoed Pontypridd CF37 1DZ Wales
Accountants
R H Jeffs & Rowe Ltd 27-28 Gelliwastad Road Pontypridd CF37 2BW
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The Atlantic (South Beach) Tenby Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
47,262 
53,169 
Tangible assets
5
175,552 
38,202 
222,814 
91,371 
Current assets
Inventories
6,349 
6,349 
Debtors
6
31,798 
840 
Cash at bank and in hand
24,396 
21,617 
62,543 
28,806 
Creditors: amounts falling due within one year
7
(18,720)
(25,174)
Net current assets
43,823 
3,632 
Total assets less current liabilities
266,637 
95,003 
Creditors: amounts falling due after more than one year
8
(184,393)
(95,001)
Net assets
82,244 
2 
Capital and reserves
Called up share capital
2 
2 
Capital contribution reserve
144,990 
- 
Profit and loss account
(62,748)
- 
Shareholders' funds
82,244 
2 
For the year ending 31 December 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 18 September 2025 and were signed on its behalf by
Wayne Thomas Director Company Registration No. 13737497
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The Atlantic (South Beach) Tenby Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
The Atlantic (South Beach) Tenby Limited is a private company, limited by shares, registered in England and Wales, registration number 13737497. The registered office is Unit 2 Maritime Offices , Woodland Terrace, Maesycoed, Pontypridd, CF37 1DZ, Wales.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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The Atlantic (South Beach) Tenby Limited Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
59,076 
At 31 December 2024
59,076 
Amortisation
At 1 January 2024
5,907 
Charge for the year
5,907 
At 31 December 2024
11,814 
Net book value
At 31 December 2024
47,262 
At 31 December 2023
53,169 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
41,651 
Additions
144,990 
At 31 December 2024
186,641 
Depreciation
At 1 January 2024
3,449 
Charge for the year
7,640 
At 31 December 2024
11,089 
Net book value
At 31 December 2024
175,552 
At 31 December 2023
38,202 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
14,927 
- 
Other debtors
16,871 
840 
31,798 
840 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
16,164 
Other creditors
18,720 
9,010 
18,720 
25,174 
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The Atlantic (South Beach) Tenby Limited Notes to the Accounts for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
184,393 
95,001 
Creditors after more than one year relate to amounts due to the South Wales Miners' Welfare Trust Fund Scheme charity.
9
Transactions with related parties
The Company has entered into two agreements with the South Wales Miners’ Welfare Trust Fund Scheme whereby: (a) OCCUPATIONAL LICENCE - The Company is granted the right to trade from the premises of The Atlantic Hotel Tenby. (b) DEED OF COVENANT - The Company has agreed to make an annual donations to the Charity of all its taxable profits.
10
Controlling party
The Company is controlled by South Wales Miner's Welfare Trust Fund Scheme, a registered charity number 507439.
11
Average number of employees
During the year the average number of employees was 24 (2023: 25).
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