Whitsand Bay Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03508630 (England and Wales)

WHITSAND BAY DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 AUGUST 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R D Wintle

SECRETARY:

R D Wintle

REGISTERED OFFICE:

Whitsand Bay Holiday Park

Millbrook

Torpoint

Cornwall

PL10 1JZ

REGISTERED NUMBER:

03508630 (England and Wales)

ACCOUNTANTS:

Mark Holt & Co Limited

Chartered Accountants

7 Sandy Court

Ashleigh Way

Langage Business Park

Plymouth

Devon

PL7 5JX

FIXED ASSETS

Investments

5

397,224

397,224

CURRENT ASSETS

Debtors

6

-

25,967

Cash at bank and in hand

81

81

81

26,048

CREDITORS

Amounts falling due within one year

7

288,679

300,501

NET CURRENT LIABILITIES

(288,598

)

(274,453

)

TOTAL ASSETS LESS CURRENT LIABILITIES

108,626

122,771

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

108,525

122,670

SHAREHOLDERS' FUNDS

108,626

122,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 August 2019 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 28 August 2020 and were signed by:

R D Wintle - Director

1.	STATUTORY INFORMATION

Whitsand Bay Developments 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial

Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies

Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial

Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly

owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past

reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of

deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a

fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting

date that are expected to apply to the reversal of the timing difference.

The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the

transaction that resulted in the tax expense (income).

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 29 August 2018

and 28 August 2019

397,224

NET BOOK VALUE

At 28 August 2019

397,224

At 28 August 2018

397,224

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

-

25,967

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed to group undertakings

263,418

300,501

Other creditors

25,261

-

288,679

300,501

8.	ULTIMATE CONTROLLING PARTY

The controlling party is R D Wintle.