Glen Nevis Holidays Limited - Accounts to registrar (filleted) - small 23.1.2
Glen Nevis Holidays Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023 |
| FOR |
| GLEN NEVIS HOLIDAYS LIMITED |
| GLEN NEVIS HOLIDAYS LIMITED (REGISTERED NUMBER: SC092421) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31 January 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| GLEN NEVIS HOLIDAYS LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 January 2023 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 5 Argyll Square |
| OBAN |
| Argyll |
| PA34 4AZ |
| GLEN NEVIS HOLIDAYS LIMITED (REGISTERED NUMBER: SC092421) |
| BALANCE SHEET |
| 31 January 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Other reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| GLEN NEVIS HOLIDAYS LIMITED (REGISTERED NUMBER: SC092421) |
| BALANCE SHEET - continued |
| 31 January 2023 |
| 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 |
| GLEN NEVIS HOLIDAYS LIMITED (REGISTERED NUMBER: SC092421) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31 January 2023 |
| 1. | STATUTORY INFORMATION |
| Glen Nevis Holidays Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Tangible fixed assets |
| Freehold property | - |
| Caravans | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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. |
| Government grants |
| Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| GLEN NEVIS HOLIDAYS LIMITED (REGISTERED NUMBER: SC092421) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 January 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and |
| property | Caravans | machinery |
| £ | £ | £ |
| COST |
| At 1 February 2022 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2023 |
| DEPRECIATION |
| At 1 February 2022 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 January 2023 |
| NET BOOK VALUE |
| At 31 January 2023 |
| At 31 January 2022 |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2022 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2023 |
| DEPRECIATION |
| At 1 February 2022 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 January 2023 |
| NET BOOK VALUE |
| At 31 January 2023 |
| At 31 January 2022 |
| The directors have decided that it is no longer appropriate to depreciate property. |
| GLEN NEVIS HOLIDAYS LIMITED (REGISTERED NUMBER: SC092421) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 January 2023 |
| 5. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 2023 | 2022 |
| £ | £ |
| Shareholding | 175 | 175 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Other creditors |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2023 | 2022 |
| £ | £ |
| The Royal bank of Scotland PLC hold a bond and floating charge over the assets of the company. |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year director E A Cameron received £3,200 (2022 - £3,300) from the company for the rent of property. |