Gill (St Ives) Holiday Enterprises Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 01312343 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

GILL (ST IVES) HOLIDAY ENTERPRISES

LIMITED

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

Mr M H Gill

Mr P J Gill

SECRETARY:

Mr M H Gill

REGISTERED OFFICE:

Beach House Restaurant

The Wharf

St Ives

Cornwall

TR26 1LG

REGISTERED NUMBER:

01312343 (England and Wales)

ACCOUNTANTS:

Kitchen & Brown

Chartered Accountants

Alpha House

40 Coinagehall Street

Helston

Cornwall

TR13 8EQ

FIXED ASSETS

209,881

211,189

CURRENT ASSETS

468,920

487,512

CREDITORS

Amounts falling due within one year

(40,294

)

(92,350

)

NET CURRENT ASSETS

428,626

395,162

TOTAL ASSETS LESS CURRENT

LIABILITIES

638,507

606,351

CAPITAL AND RESERVES

638,507

606,351

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 .

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following loans to directors subsisted during the years ended 31 March 2017 and 31 March 2016:

31.3.17

31.3.16

£

Mr M H Gill

Balance outstanding at start of year

200,000

Amounts advanced

-

Amounts repaid

-

Balance outstanding at end of year

200,000

Mr M H Gill, Mr P J Gill and Ms M J Gill

Balance outstanding at start of year

100,000

Amounts advanced

-

Amounts repaid

-

Balance outstanding at end of year

100,000

Beach Restaurant & Vittals

Balance outstanding at start of year

10,938

11,953

Amounts advanced

16,924

10,938

Amounts repaid

(10,938

)

(11,953

)

Balance outstanding at end of year

16,924

10,938

Ms M J Gill is the daughter of Mr M H Gill and the sister of Mr P J Gill. Interest has been charged at the official

rate on the loans to Mr M H Gill and to Mr M H Gill, Mr P J Gill and Ms M J Gill, giving rise to a charge of

£9,000 (2016 : £9,000).

The Beach Restaurant & Vittals is a partnership of which the directors are the sole partners. The amounts

advanced and repaid are presented on an aggregated basis and no interest has been charged.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 December 2017 and were signed on its behalf

by:

Mr M H Gill - Director

Gill (St Ives) Holiday Enterprises Ltd - Accounts to registrar (filleted) - small 17.3

Gill (St Ives) Holiday Enterprises Ltd - Accounts to registrar (filleted) - small 17.3