REGISTERED NUMBER: 11569051 (England and Wales)

GOWER COAST CABINS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

250

250

Tangible assets

5

229,033

187,812

229,283

188,062

CURRENT ASSETS

Debtors

6

-

7,070

Cash at bank and in hand

53,648

2,452

53,648

9,522

CREDITORS

Amounts falling due within one year

7

196,064

185,183

NET CURRENT LIABILITIES

(142,416

)

(175,661

)

TOTAL ASSETS LESS CURRENT LIABILITIES

86,867

12,401

CREDITORS

Amounts falling due after more than one year

8

2,618

-

NET ASSETS

84,249

12,401

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

84,149

12,301

84,249

12,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

B J Phillips - Director

1.	STATUTORY INFORMATION

Gower Coast Cabins Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11569051

Registered office:

Brandy House

Landimore

Gower

Swansea

SA3 1HD

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts were prepared under the historical cost basis of accounting.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

10% on cost

Taxation

Taxation for the period comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1 April 2024

and 31 March 2025

250

NET BOOK VALUE

At 31 March 2025

250

At 31 March 2024

250

5.	TANGIBLE FIXED ASSETS

Fixtures

Holiday

Plant and

and

Office

let units

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

130,750

33,564

25,978

-

190,292

Additions

38,374

2,641

6,858

280

48,153

At 31 March 2025

169,124

36,205

32,836

280

238,445

DEPRECIATION

At 1 April 2024

-

1,398

1,082

-

2,480

Charge for year

-

3,621

3,283

28

6,932

At 31 March 2025

-

5,019

4,365

28

9,412

NET BOOK VALUE

At 31 March 2025

169,124

31,186

28,471

252

229,033

At 31 March 2024

130,750

32,166

24,896

-

187,812

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

-

7,070

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,284

4,950

Tax

19,843

68

VAT

34,513

-

Directors' current accounts

100,142

151,215

Deposits in advance

18,000

15,400

Accrued expenses

7,282

13,550

196,064

185,183

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 2-5 years

2,618

-

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of the director who holds 100% of the issued share capital