Grosvenor Marine Services Limited - Accounts to registrar (filleted) - small 22.3
Grosvenor Marine Services Limited - Accounts to registrar (filleted) - small 22.3
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2022 |
| FOR |
| GROSVENOR MARINE SERVICES LIMITED |
| GROSVENOR MARINE SERVICES LIMITED (REGISTERED NUMBER: 00807729) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31 March 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| GROSVENOR MARINE SERVICES LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 March 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants and Statutory Auditors |
| 5th Floor |
| Waverley House |
| 115 - 119 Holdenhurst Road |
| Bournemouth |
| Dorset |
| BH8 8DY |
| GROSVENOR MARINE SERVICES LIMITED (REGISTERED NUMBER: 00807729) |
| BALANCE SHEET |
| 31 March 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 |
| GROSVENOR MARINE SERVICES LIMITED (REGISTERED NUMBER: 00807729) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31 March 2022 |
| 1. | STATUTORY INFORMATION |
| Grosvenor Marine Services Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents income from sailing and watersports activities. |
| Tangible fixed assets and depreciation |
| Watercraft | - |
| Watersports equipment | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year 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 year 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| GROSVENOR MARINE SERVICES LIMITED (REGISTERED NUMBER: 00807729) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 March 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Watersports | Computer |
| Watercraft | equipment | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2021 |
| and 31 March 2022 |
| DEPRECIATION |
| At 1 April 2021 |
| Charge for year |
| At 31 March 2022 |
| NET BOOK VALUE |
| At 31 March 2022 |
| At 31 March 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Amounts owed by group companies | 221,222 | 182,725 |
| Prepayments and accrued income |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Amount owed to group companies | 59,701 | 53,990 |
| Corporation tax |
| Accruals and deferred income |
| 7. | PROVISIONS FOR LIABILITIES |
| 2022 | 2021 |
| £ | £ |
| Deferred tax | 5,190 | 5,708 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2021 |
| Provided during year | ( |
) |
| Balance at 31 March 2022 |
| Deferred tax represents capital allowances in advance of depreciation. |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | £1 | 4 | 4 |
| GROSVENOR MARINE SERVICES LIMITED (REGISTERED NUMBER: 00807729) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 March 2022 |
| 9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 10. | ULTIMATE PARENT COMPANY |
| The Company is a wholly owned subsidiary of Sandbanks Hotel Limited whose registered office is 5th Floor, Waverley House, 115-119 Holdenhurst Road, Bournemouth, BH8 8DY. |
| The Ultimate Parent Company is FJB Hotels Limited, who owns 100% of the issued share capital in Sandbanks Hotel Limited. |