Harlech and Ardudwy Leisure - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07118968 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th November 2020

for

Harlech and Ardudwy Leisure

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs I M Brady

D W Hughes

J C Hughes

J A Pritchard

R C Walker

Ms P Nash

SECRETARY:

REGISTERED OFFICE:

Harlech Swimming Pool

Beach Road

Harlech

Gwynedd

LL46 2UG

REGISTERED NUMBER:

07118968 (England and Wales)

ACCOUNTANTS:

A.Hughes-Jones, Dyson & Co.

Capel Moreia

South Penrallt

Caernarfon

Gwynedd

LL55 1NS

FIXED ASSETS

Tangible assets

4

532,590

561,981

CURRENT ASSETS

Debtors

5

12,792

6,764

Cash at bank and in hand

101,971

54,023

114,763

60,787

CREDITORS

Amounts falling due within one year

6

105,369

71,715

NET CURRENT ASSETS/(LIABILITIES)

9,394

(10,928

)

TOTAL ASSETS LESS CURRENT LIABILITIES

541,984

551,053

ACCRUALS AND DEFERRED INCOME

540,000

567,804

NET ASSETS/(LIABILITIES)

1,984

(16,751

)

RESERVES

Income and expenditure account

1,984

(16,751

)

1,984

(16,751

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th July 2021 and were signed on its behalf by:

D W Hughes - Director

1.	STATUTORY INFORMATION

Harlech and Ardudwy Leisure is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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 13 (2019 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st December 2019

233,071

602,122

835,193

Additions

-

231

231

At 30th November 2020

233,071

602,353

835,424

DEPRECIATION

At 1st December 2019

41,950

231,262

273,212

Charge for year

4,661

24,961

29,622

At 30th November 2020

46,611

256,223

302,834

NET BOOK VALUE

At 30th November 2020

186,460

346,130

532,590

At 30th November 2019

191,121

370,860

561,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Trade debtors

12,792

6,764

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Bank loans and overdrafts

42,000

-

Trade creditors

839

1,322

Taxation and social security

5,541

1,857

Other creditors

56,989

68,536

105,369

71,715