Destination Weddings (UK) Ltd
Destination Weddings (UK) Ltd
Registered number: 08080735
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 December 2018
Destination Weddings (UK) Ltd
Director's Report and Unaudited Financial Statements
For The Year Ended 31 December 2018
Director's Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6—7 |
Destination Weddings (UK) Ltd
Company Information
For The Year Ended 31 December 2018
Company Information
| Director |
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| Company Number |
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| Registered Office | Windsor House, Windsor Business Park |
| Trent Valley Road | |
| Lichfield | |
| WS13 6EU | |
| Accountants |
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Destination Weddings (UK) Ltd
Company No. 08080735
Director's Report For The Year Ended 31 December 2018
Director's Report
The director presents his report and the financial statements for the year ended 31 December 2018 .
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Principal Activity
The company's principal activity continues to be that of holding company.
Review of Business
The company has not traded during the year.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Destination Weddings (UK) Ltd
Profit and Loss Account
For The Year Ended 31 December 2018
Profit and Loss Account
| 2018 | 2017 | |||
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| Notes | £ | £ | ||
The notes on pages 6 to 7 form part of these financial statements.
Page 3
Destination Weddings (UK) Ltd
Balance Sheet
As at
31 December 2018
Balance Sheet
| 2018 | 2017 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 2 |
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| CURRENT ASSETS | |||||
| Debtors | 3 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 4 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| SHAREHOLDERS' FUNDS | 1 | 1 | |||
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
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Destination Weddings (UK) Ltd
Balance Sheet (continued)
As at
31 December 2018
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Destination Weddings (UK) Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at |
217,734 |
| As at |
217,734 |
| Provision | |
| As at |
- |
| As at |
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| Net Book Value | |
| As at |
217,734 |
| As at |
217,734 |
The company holds 20% or more of the share capital of the following company:
Perfect Weddings & Honeymoons Ltd (64% shareholding of Ordinary shares (2017: 64% shareholding)) whose results are as follows:
- The Capital and reserves Bfwd £(328,410)
- Prior year adjustment £318,709
- Loss for the year £(53,998)
- Total Capital and reserves Cfwd £(63,699)
3.
Debtors
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Called up share capital not paid |
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Destination Weddings (UK) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2018
4.
Creditors: Amounts Falling Due After More Than One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts owed to group undertakings |
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6.
Ultimate Controlling Party
The company's immediate and ultimate parent undertaking is Destination Holdings International Inc., Reg No. F13000001510 an incorporated company in Florida, USA, which controls 100% of the shares of Destination Weddings (UK) Ltd .
7.
Principal Activity
The company's principal activity continues to be that of a holding company, the company does not currently trade.
8.
General Information
Destination Weddings (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08080735 . The registered office is Windsor House, Windsor Business Park, Trent Valley Road, Lichfield, WS13 6EU.
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