Fota Island Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 06183743 (England and Wales)

Unaudited Cessation Financial Statements

for the Period

1st April 2022 to 31st December 2022

for

Fota Island Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K Walsh

REGISTERED OFFICE:

Mallards, Bridge Street

Louth

Lincolnshire

LN11 0DR

REGISTERED NUMBER:

06183743 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

12th Floor

30 Crown Place

London

EC2A 2AL

FIXED ASSETS

Tangible assets

4

-

869

Investments

5

-

47,931

-

48,800

CURRENT ASSETS

Debtors

6

344

345

Cash at bank and in hand

24,764

898

25,108

1,243

CREDITORS

Amounts falling due within one year

7

(540

)

-

NET CURRENT ASSETS

24,568

1,243

TOTAL ASSETS LESS CURRENT LIABILITIES

24,568

50,043

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

24,468

49,943

SHAREHOLDERS' FUNDS

24,568

50,043

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th March 2023 and were signed by:

K Walsh - Director

1.	STATUTORY INFORMATION

Fota Island 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2022

13,094

Disposals

(12,179

)

At 31st December 2022

915

DEPRECIATION

At 1st April 2022

12,225

Eliminated on disposal

(11,310

)

At 31st December 2022

915

NET BOOK VALUE

At 31st December 2022

-

At 31st March 2022

869

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st April 2022

47,931

Disposals

(47,931

)

At 31st December 2022

-

NET BOOK VALUE

At 31st December 2022

-

At 31st March 2022

47,931

Cost or valuation at 31st December 2022 is represented by:

Other

investments

£

Valuation in 2016

179,643

Valuation in 2017

13,248

Valuation in 2018

(12,676

)

Valuation in 2019

45,836

Valuation in 2020

(153,008

)

Valuation in 2021

1,652

Valuation in 2022

(26,764

)

47,931

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.3.22

£

£

VAT

344

345

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.3.22

£

£

Accrued expenses

540

-