Quex Livery Glamping Holidays Limited Filleted accounts for Companies House (small and micro)

QUEX LIVERY GLAMPING HOLIDAYS LIMITED - Company Information

2 false false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 59,857 2,980 62,837 46,391 9,125 55,516 7,321 13,466 xbrli:pure xbrli:shares iso4217:GBP 08303531 2022-04-01 2023-03-31 08303531 2023-03-31 08303531 2022-03-31 08303531 2021-04-01 2022-03-31 08303531 2022-03-31 08303531 2021-03-31 08303531 core:FurnitureFittings 2022-04-01 2023-03-31 08303531 bus:Director1 2022-04-01 2023-03-31 08303531 core:FurnitureFittings 2022-03-31 08303531 core:FurnitureFittings 2023-03-31 08303531 core:WithinOneYear 2023-03-31 08303531 core:WithinOneYear 2022-03-31 08303531 core:AfterOneYear 2023-03-31 08303531 core:AfterOneYear 2022-03-31 08303531 core:ShareCapital 2023-03-31 08303531 core:ShareCapital 2022-03-31 08303531 core:RetainedEarningsAccumulatedLosses 2023-03-31 08303531 core:RetainedEarningsAccumulatedLosses 2022-03-31 08303531 core:FurnitureFittings 2022-03-31 08303531 bus:SmallEntities 2022-04-01 2023-03-31 08303531 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08303531 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08303531 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08303531 bus:FullAccounts 2022-04-01 2023-03-31 08303531 core:KeyManagementPersonnel 2022-04-01 2023-03-31

COMPANY REGISTRATION NUMBER: 08303531

Quex Livery Glamping Holidays Limited

Filleted Unaudited Financial Statements

31 March 2023

Quex Livery Glamping Holidays Limited

Financial Statements

Year ended 31 March 2023

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Quex Livery Glamping Holidays Limited

Statement of Financial Position

31 March 2023

	2023		2022
Note	£	£	£

Fixed assets

Tangible assets	5		7,321	13,466

Creditors: amounts falling due within one year	6	36,530		39,326
		--------		--------
Net current liabilities			36,530	39,326
			--------	--------
Total assets less current liabilities			( 29,209)	( 25,860)

Creditors: amounts falling due after more than one year	7	1,621	2,371
		--------	--------
Net liabilities		( 30,830)	( 28,231)
		--------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 30,832)	( 28,233)
	--------	--------
Shareholders deficit	( 30,830)	( 28,231)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 20 December 2023 , and are signed on behalf of the board by:

D Tilley

Director

Company registration number: 08303531

Quex Livery Glamping Holidays Limited

Notes to the Financial Statements

Year ended 31 March 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis due to the continued support of the Directors for at least the 12 months following the date the financial statements were signed.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).

5. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 April 2022	59,857	59,857
Additions	2,980	2,980
	--------	--------
At 31 March 2023	62,837	62,837
	--------	--------
Depreciation
At 1 April 2022	46,391	46,391
Charge for the year	9,125	9,125
	--------	--------
At 31 March 2023	55,516	55,516
	--------	--------
Carrying amount
At 31 March 2023	7,321	7,321
	--------	--------
At 31 March 2022	13,466	13,466
	--------	--------

6. Creditors: amounts falling due within one year

	2023	2022
	£	£
Bank loans and overdrafts	3,723	4,644
Trade creditors	1,690	2,100
Other creditors	31,117	32,582
	--------	--------
	36,530	39,326
	--------	--------

7. Creditors: amounts falling due after more than one year

	2023	2022
	£	£
Bank loans and overdrafts	1,621	2,371
	-------	-------

8. Related party transactions

At the year end the company owed the directors £29,117 (2022: £30,392).