The Dalby Rooms (Margate) Ltd - Accounts to registrar (filleted) - small 18.2
The Dalby Rooms (Margate) Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 17 April 2019 to 30 April 2020 |
for |
The Dalby Rooms (Margate) Ltd |
The Dalby Rooms (Margate) Ltd (Registered number: 11951502) |
Contents of the Financial Statements |
for the Period 17 April 2019 to 30 April 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
The Dalby Rooms (Margate) Ltd |
Company Information |
for the Period 17 April 2019 to 30 April 2020 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Gowran House |
56 Broad Street |
Chipping Sodbury |
Bristol |
BS37 6AG |
The Dalby Rooms (Margate) Ltd (Registered number: 11951502) |
Balance Sheet |
30 April 2020 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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 Dalby Rooms (Margate) Ltd (Registered number: 11951502) |
Balance Sheet - continued |
30 April 2020 |
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 signed on its behalf by: |
The Dalby Rooms (Margate) Ltd (Registered number: 11951502) |
Notes to the Financial Statements |
for the Period 17 April 2019 to 30 April 2020 |
1. | STATUTORY INFORMATION |
The Dalby Rooms (Margate) Ltd is a |
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 |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of a business in April 2019, is being |
amortised evenly over its estimated useful life of fourteen years from 1/5/20 onwards |
Tangible fixed assets |
Freehold land and buildings | - |
Equipment | - |
Taxation |
Taxation for the period 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 period 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 period was |
The Dalby Rooms (Margate) Ltd (Registered number: 11951502) |
Notes to the Financial Statements - continued |
for the Period 17 April 2019 to 30 April 2020 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
Additions |
At 30 April 2020 |
NET BOOK VALUE |
At 30 April 2020 |
5. | TANGIBLE FIXED ASSETS |
Freehold |
land and |
buildings | Equipment | Totals |
£ | £ | £ |
COST |
Additions |
At 30 April 2020 |
NET BOOK VALUE |
At 30 April 2020 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Social security and other taxes |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Loan | 625,000 |
Directors' current account | 15,000 |
The loan of £625,000 is due to Knapton Limited, a company owned by a Director, R Verdin, currently repayable |
around April 2024, with interest payable at 10% per annum, subject to a first charge over the freehold land and |
buildings. |
8. | RELATED PARTY DISCLOSURES |
The company is controlled by the directors, C N Kemsley and R J Verdin. At the period end the directors are |
owed £15,000. The loan is unsecured, interest-free and repayable on demand. |