Company Registration No. 04274520 (England and Wales)
Menorca Villa Holidays (Property Letting) Limited
Unaudited accounts
for the year ended 31 October 2020
Menorca Villa Holidays (Property Letting) Limited
Unaudited accounts
Contents
Menorca Villa Holidays (Property Letting) Limited
Company Information
for the year ended 31 October 2020
Directors
Jeffrey Barker
Sarah Jane Davies
Company Number
04274520 (England and Wales)
Registered Office
26 Millers Hill
Houghton le Spring
Tyne and Wear
DH4 7AJ
England
Accountants
PAUL PURDHAM
26 MILLERS HILL
HOUGHTON LE SPRING
TYNE AND WEAR
DH4 7AJ
Menorca Villa Holidays (Property Letting) Limited
Statement of financial position
as at 31 October 2020
Intangible assets
17,500
20,000
Cash at bank and in hand
6,473
15,085
Creditors: amounts falling due within one year
(44,175)
(36,462)
Net current liabilities
(37,702)
(21,033)
Net liabilities
(20,202)
(1,033)
Called up share capital
2
2
Profit and loss account
(20,204)
(1,035)
Shareholders' funds
(20,202)
(1,033)
For the year ending 31 October 2020 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2021 and were signed on its behalf by
Jeffrey Barker
Director
Company Registration No. 04274520
Menorca Villa Holidays (Property Letting) Limited
Notes to the Accounts
for the year ended 31 October 2020
Menorca Villa Holidays (Property Letting) Limited is a private company, limited by shares, registered in England and Wales, registration number 04274520. The registered office is 26 Millers Hill, Houghton le Spring, Tyne and Wear, DH4 7AJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - 10% straight line
4
Intangible fixed assets
Goodwill
5
Debtors: amounts falling due within one year
2020
2019
Accrued income and prepayments
-
344
Menorca Villa Holidays (Property Letting) Limited
Notes to the Accounts
for the year ended 31 October 2020
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
6,738
3,729
Loans from directors
23,467
23,733
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).
