QUAY RETREATS NEWQUAY LTD

QUAY RETREATS NEWQUAY LTD

QUAY RETREATS NEWQUAY LTD - Company Information

Print Friendly Version

QUAY RETREATS NEWQUAY LTD

Company Registration Number:
07621812 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2018

Period of accounts

Start date: 01 August 2017

End date: 31 July 2018

QUAY RETREATS NEWQUAY LTD

Contents of the Financial Statements

for the Period Ended 31 July 2018

Balance sheet
Notes

QUAY RETREATS NEWQUAY LTD

Balance sheet

As at 31 July 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 0 70,000
Tangible assets: 4 20,100 49,621
Total fixed assets: 20,100 119,621
Current assets
Stocks: 0 5,500
Debtors: 5 120,589 18,451
Cash at bank and in hand: 1,116,191 1,418,707
Total current assets: 1,236,780 1,442,658
Creditors: amounts falling due within one year:   (7,150) (311,364)
Net current assets (liabilities): 1,229,630 1,131,294
Total assets less current liabilities: 1,249,730 1,250,915
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 1,249,730 1,250,915
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,249,630 1,250,815
Shareholders funds: 1,249,730 1,250,915

The notes form part of these financial statements

QUAY RETREATS NEWQUAY LTD

Balance sheet statements

For the year ending 31 July 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 April 2019
and signed on behalf of the board by:

Name: Beverley Cobley
Status: Director

The notes form part of these financial statements

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

2. Employees

2018 2017
Average number of employees during the period 14 15

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

3. Intangible Assets

Total
Cost £
At 01 August 2017 175,000
Disposals (175,000)
At 31 July 2018 0
Amortisation
At 01 August 2017 105,000
On disposals (105,000)
At 31 July 2018 0
Net book value
At 31 July 2018 0
At 31 July 2017 70,000

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

4. Tangible Assets

Total
Cost £
At 01 August 2017 122,849
Additions 21,892
Disposals (124,641)
At 31 July 2018 20,100
Depreciation
At 01 August 2017 73,228
Charge for year 4,465
On disposals (77,693)
At 31 July 2018 0
Net book value
At 31 July 2018 20,100
At 31 July 2017 49,621

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

5. Debtors

2018 2017
££
Debtors due after more than one year: 20,000 0

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

6. Loans to directors

Name of director receiving advance or credit: Beverley Cobley
Description of the loan: Loan to purchase a property.
£
Balance at 01 August 2017 0
Advances or credits made: 304,354
Advances or credits repaid: 206,050
Balance at 31 July 2018 98,304

QUAY RETREATS NEWQUAY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2018

7. Related party transactions

Name of the related party: Aimee Cobley
Relationship:
Family member of Director
Description of the Transaction: A loan of £20000 was made during the year. Interest is charged by the company. The loan is repayable on demand.
£
Balance at 01 August 2017 0
Balance at 31 July 2018 20,000