Salterns Point (A) Co. Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04627534 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 25 DECEMBER 2022

FOR

SALTERNS POINT (A) CO. LTD

DIRECTORS:

W F Ives

D Turner

Ms J A Tollerfield

R D Overall

SECRETARY:

A J Mellery-Pratt

REGISTERED OFFICE:

10 Exeter Road

Bournemouth

Dorset

BH2 5AN

REGISTERED NUMBER:

04627534 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

122,471

122,471

CURRENT ASSETS

Debtors

5

1,112

592

Cash at bank

5,352

5,532

6,464

6,124

CREDITORS

Amounts falling due within one year

6

174

168

NET CURRENT ASSETS

6,290

5,956

TOTAL ASSETS LESS CURRENT LIABILITIES

128,761

128,427

CAPITAL AND RESERVES

Called up share capital

7

20

20

Other reserves

120,318

120,318

Retained earnings

8,423

8,089

SHAREHOLDERS' FUNDS

128,761

128,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 December 2022 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 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 Board of Directors and authorised for issue on 2 May 2023 and were signed on its behalf by:

D Turner - Director

1.	STATUTORY INFORMATION

Salterns Point (A) Co. 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.

Turnover

The turnover shown in the income and expenditure account represents garage rent invoiced during the year.

Tangible fixed assets

All fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 26 December 2021

and 25 December 2022

122,471

NET BOOK VALUE

At 25 December 2022

122,471

At 25 December 2021

122,471

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

1,040

520

Sundry debtors

20

20

Corporation tax

52

52

1,112

592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Sundry creditors

174

168

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

20

Ordinary

£1

20

20

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Salterns Point (A) Co. Ltd for the year ended 25 December 2022 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Salterns Point (A) Co. Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Salterns Point (A) Co. Ltd and state those matters that we have agreed to state to the Board of Directors of Salterns Point (A) Co. Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Salterns Point (A) Co. Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Salterns Point (A) Co. Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Salterns Point (A) Co. Ltd. You consider that Salterns Point (A) Co. Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Salterns Point (A) Co. Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

9 May 2023