Sandy Lane Resort Rutherford Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10560942 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2019

for

Sandy Lane Resort Rutherford Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Pabari

J L E Pyle

C Whyte

C S Whyte

REGISTERED OFFICE:

Argyle House

Joel Street

Northwood Hills

HA6 1NW

REGISTERED NUMBER:

10560942 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,137,080

1,090,948

CURRENT ASSETS

Debtors

5

153,793

265,956

CREDITORS

Amounts falling due within one year

6

1,067,198

1,070,781

NET CURRENT LIABILITIES

(913,405

)

(804,825

)

TOTAL ASSETS LESS CURRENT LIABILITIES

223,675

286,123

CREDITORS

Amounts falling due after more than one year

7

60,800

60,800

NET ASSETS

162,875

225,323

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

162,775

225,223

SHAREHOLDERS' FUNDS

162,875

225,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 and authorised for issue on 23 June 2020 and were signed on its behalf by:

J L E Pyle - Director

C Whyte - Director

1.	STATUTORY INFORMATION

Sandy Lane Resort Rutherford 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 October 2018

1,090,948

Additions

46,132

At 30 September 2019

1,137,080

NET BOOK VALUE

At 30 September 2019

1,137,080

At 30 September 2018

1,090,948

Cost or valuation at 30 September 2019 is represented by:

Land and

buildings

£

Valuation in 2017

1,012,404

Valuation in 2018

78,544

Valuation in 2019

46,132

1,137,080

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by group undertakings

149,804

254,809

Other debtors

3,989

11,147

153,793

265,956

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

690

4,273

Amounts owed to group undertakings

716,508

716,508

Other creditors

350,000

350,000

1,067,198

1,070,781

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Taxation and social security

60,800

60,800