Dorset Cruises Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06147852 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

DORSET CRUISES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S C Rawlinson

SECRETARY:

E C Warington-Smyth

REGISTERED OFFICE:

Northpoint

Parkstone Bay Marina

Turks Lane

Poole

Dorset

BH14 8EW

REGISTERED NUMBER:

06147852 (England and Wales)

ACCOUNTANTS:

ADDICUS

Chartered Accountants

1 Winchester Place

North Street

Poole

Dorset

BH15 1NX

FIXED ASSETS

Tangible assets

2

904,909

576,000

CURRENT ASSETS

Debtors

69,056

19,900

Cash at bank and in hand

25,162

-

94,218

19,900

CREDITORS

Amounts falling due within one year

983,894

595,800

NET CURRENT LIABILITIES

(889,676

)

(575,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,233

100

PROVISIONS FOR LIABILITIES

12,785

-

NET ASSETS

2,448

100

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,348

-

SHAREHOLDERS' FUNDS

2,448

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 22 December 2016 and were signed by:

S C Rawlinson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

value added tax.

Tangible fixed assets

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

Passenger boats

-

5% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay

more, or a right to pay less or to receive more, tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

576,000

Additions

441,536

Disposals

(65,000

)

At 31 March 2016

952,536

DEPRECIATION

Charge for year

47,627

At 31 March 2016

47,627

NET BOOK VALUE

At 31 March 2016

904,909

At 31 March 2015

576,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE PARENT COMPANY

Parkstone Bay Marina Limited is regarded by the director as being the company's ultimate parent company.