Orsett Hall Banqueting & Conference - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06578610 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

ORSETT HALL BANQUETING & CONFERENCE

CENTRE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

Mr A P Barnard

Ms V J Barton-Wright

REGISTERED OFFICE:

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

REGISTERED NUMBER:

06578610 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

FIXED ASSETS

Tangible assets

4

427,277

417,578

CURRENT ASSETS

Stocks

77,342

62,296

Debtors

727,287

805,057

Cash at bank and in hand

565,612

753,012

1,370,241

1,620,365

CREDITORS

Amounts falling due within one year

1,667,258

1,707,419

NET CURRENT LIABILITIES

(297,017

)

(87,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

130,260

330,524

PROVISIONS FOR LIABILITIES

11,619

36,032

NET ASSETS

118,641

294,492

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

108,641

284,492

SHAREHOLDERS' FUNDS

118,641

294,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 10 September 2019 and were signed on its behalf by:

Mr A P Barnard - Director

1.	STATUTORY INFORMATION

Orsett Hall Banqueting & Conference Centre Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on the

Company Information page.

The company's place of business is located in Orsett, Essex.

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.

Turnover

Turnover represents the total amounts receivable by the company in respect of sales of goods and services,

excluding value added tax, except in respect of service contracts where turnover is recognised when the

company obtains the right to consideration.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Plant and machinery

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 220 (2018 - 192 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2018

1,155,152

Additions

212,929

Disposals

(7,800

)

At 31 March 2019

1,360,281

DEPRECIATION

At 1 April 2018

737,574

Charge for year

203,230

Eliminated on disposal

(7,800

)

At 31 March 2019

933,004

NET BOOK VALUE

At 31 March 2019

427,277

At 31 March 2018

417,578

5.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme in respect of employees. During the year

premiums paid by the company amounted to £19,534 (2018 - £10,913). Premiums outstanding at the year end

amounted to £5,038 (2018 - £1,866).

6.	RELATED PARTY DISCLOSURES

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements

and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Orsett Hall Banqueting & Conference Centre Limited for the year ended 31 March 2019 which

comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Orsett Hall Banqueting & Conference Centre Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Orsett Hall Banqueting & Conference Centre Limited and state those matters that we have agreed to state to the Board of Directors of Orsett Hall Banqueting & Conference Centre Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Orsett Hall Banqueting & Conference Centre Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Orsett Hall Banqueting & Conference Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Orsett Hall Banqueting & Conference Centre Limited. You consider that Orsett Hall Banqueting & Conference Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Orsett Hall Banqueting & Conference Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

16 September 2019