Take A Break Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04423305 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Take A Break Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Cadell

SECRETARY:

Mrs J Cadell

REGISTERED OFFICE:

34 Lambton Court

Peterlee

Co. Durham

SR8 1NG

REGISTERED NUMBER:

04423305 (England and Wales)

ACCOUNTANTS:

KING HOPE

CHARTERED ACCOUNTANTS

18 Scarborough Street

Hartlepool

TS24 7DA

FIXED ASSETS

Tangible assets

4

317

452

CURRENT ASSETS

Debtors

5

-

1,248

Cash at bank

19,032

19,401

19,032

20,649

CREDITORS

Amounts falling due within one year

6

17,397

20,301

NET CURRENT ASSETS

1,635

348

TOTAL ASSETS LESS CURRENT LIABILITIES

1,952

800

PROVISIONS FOR LIABILITIES

58

83

NET ASSETS

1,894

717

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,892

715

SHAREHOLDERS' FUNDS

1,894

717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2022 and were signed by:

A Cadell - Director

1.	STATUTORY INFORMATION

Take A Break Ltd 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.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

20% on cost

Government grants

Coronavirus job retention scheme grants are recognised as income in the same period as the related costs on a systematic basis, in accordance with the accrual model of Section 24 of FRS102.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2021

and 31 March 2022

847

1,622

2,469

DEPRECIATION

At 1 April 2021

490

1,527

2,017

Charge for year

89

46

135

At 31 March 2022

579

1,573

2,152

NET BOOK VALUE

At 31 March 2022

268

49

317

At 31 March 2021

357

95

452

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other debtors

-

1,248

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Taxation and social security

1,240

3,061

Other creditors

16,157

17,240

17,397

20,301

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 (2021 - £6,500) were paid to the director .