Newquay BID Ltd - Period Ending 2021-03-31

Newquay BID Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	2

Newquay BID Ltd

Company Information

Directors

J R Briant A J Cole N R Hayman R E Craze A Hannan J E Burbridge M L Brown

Registered office

Room 12 Municipal Building Marcus Hill Newquay TR7 1AF

Bankers

HSBC Newquay

Accountants

Crane & Johnston C&J Ltd Chartered Certified Accountants 30/32 Trebarwith Crescent Newquay Cornwall TR7 1DX

Newquay BID Ltd

(Registration number: 07513309)
Balance Sheet as at 31 March 2021

	2021 £	2020 £
Fixed assets	46,891	49,303
Current assets	91,779	62,034
Prepayments and accrued income	218	1,512
Creditors: Amounts falling due within one year	(4,040)	(8,649)
Net current assets	87,957	54,897
Total assets less current liabilities	134,848	104,200
Accruals and deferred income	(975)	(945)
	133,873	103,255
Reserves	133,873	103,255

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Room 12
Municipal Building
Marcus Hill
Newquay
TR7 1AF

These financial statements were authorised for issue by the Board on 13 July 2022.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2020 - 1).

Newquay BID Ltd

(Registration number: 07513309)
Balance Sheet as at 31 March 2021 (continued)

3	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £2,100 (2020 - £4,720). At the year end the company had total commitments under non-cancellable operating leases for operating lease which expires within 1 - 2 years.

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 13 July 2022 and signed on its behalf by:
 

......................................... A J Cole Director