Accounts Submission


LARGO BAY HOLDINGS LIMITED

Company Registration Number:
SC152375 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

LARGO BAY HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LARGO BAY HOLDINGS LIMITED

Company Information

for the Period Ended 31 March 2021




Director: Julie Boweh
Laura Gilchrist
Ritchie Gilchrist
Claire Pocock
David Pocock
Secretary: David Pocock
Registered office: 1
Well Wynd 55a Main Street
Lower Largo
Leven
Fife
KY8 6BN
Company Registration Number: SC152375 (Scotland)

LARGO BAY HOLDINGS LIMITED

Directors' Report Period Ended 31 March 2021

The directors present their report with the financial statements of the company for the period ended 31 March 2021

Directors

The directors shown below have held office during the whole of the period from 01 April 2020 to 31 March 2021
Julie Boweh
Laura Gilchrist
Ritchie Gilchrist
Claire Pocock
David Pocock

Secretary
David Pocock

This report was approved by the board of directors on 1 May 2021
And Signed On Behalf Of The Board By:

Name: Ritchie Gilchrist
Status: Director

Name: David Pocock
Status: Director

LARGO BAY HOLDINGS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2021


Notes

2021
£

2020
£
Gross Profit or (Loss) 51,188 66,031
Operating Profit or (Loss) 51,188 66,031
Profit or (Loss) Before Tax 51,188 66,031
Tax on Profit ( 9,700 ) ( 12,000 )
Profit or (Loss) for Period 41,488 54,031

The notes form part of these financial statements

LARGO BAY HOLDINGS LIMITED

Balance sheet

As at 31 March 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 1,148,003 1,148,003
Total fixed assets: 1,148,003 1,148,003
Current assets
Debtors: 274 1,250
Cash at bank and in hand: 275,051 330,331
Total current assets: 275,325 331,581
Creditors: amounts falling due within one year: ( 9,795 ) ( 37,539 )
Net current assets (liabilities): 265,530 294,042
Total assets less current liabilities: 1,413,533 1,442,045
Total net assets (liabilities): 1,413,533 1,442,045

The notes form part of these financial statements

LARGO BAY HOLDINGS LIMITED

Balance sheet continued

As at 31 March 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 14 14
Profit and loss account: 1,413,519 1,442,031
Shareholders funds: 1,413,533 1,442,045

For the year ending 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 May 2021
And Signed On Behalf Of The Board By:

Name: Ritchie Gilchrist
Status: Director

Name: David Pocock
Status: Director

The notes form part of these financial statements

LARGO BAY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LARGO BAY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

LARGO BAY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

  • 3. Off balance sheet disclosure

    No

LARGO BAY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 1,148,003
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2021 1,148,003
Depreciation
At 01 April 2020 -
Charge for year -
On disposals -
Other adjustments -
At 31 March 2021 -
Net book value
At 31 March 2021 1,148,003
At 31 March 2020 1,148,003