Van Dyk Country House Hotel Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06856792 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 FEBRUARY 2016 TO 31 MARCH 2017

FOR

VAN DYK COUNTRY HOUSE HOTEL LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P E Wildes

M A Wildes

SECRETARY:

M A Wildes

REGISTERED OFFICE:

Holiday Inn Express The Kings Gap

Hoyalke

Wirral

CH47 1HE

REGISTERED NUMBER:

06856792 (England and Wales)

ACCOUNTANTS:

McLintocks Partnership Limited

Chartered Accountants

2 Hilliards Court

Chester Business Park

Chester

Cheshire

CH4 9PX

FIXED ASSETS

Tangible assets

4

1,279,019

6,800

Investments

5

-

-

1,279,019

6,800

CURRENT ASSETS

Stocks

40,442

-

Debtors

733,130

343,951

Cash in hand

4,000

-

777,572

343,951

CREDITORS

Amounts falling due within one year

727,060

129,846

NET CURRENT ASSETS

50,512

214,105

TOTAL ASSETS LESS CURRENT LIABILITIES

1,329,531

220,905

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

6

1,000,000

-

Retained earnings

329,530

220,904

1,329,531

220,905

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 20 December 2017 and were signed on its behalf by:

P E Wildes - Director

1.	STATUTORY INFORMATION

Van Dyk Country House Hotel Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Land and buildings

-

Nil

Plant and machinery etc

-

25% on cost and 20% on cost

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 period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 63 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 29 February 2016

91,074

Additions

1,291,654

At 31 March 2017

1,382,728

DEPRECIATION

At 29 February 2016

84,274

Charge for period

19,435

At 31 March 2017

103,709

NET BOOK VALUE

At 31 March 2017

1,279,019

At 28 February 2016

6,800

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 29 February 2016

and 31 March 2017

756,513

PROVISIONS

At 29 February 2016

and 31 March 2017

756,513

NET BOOK VALUE

At 31 March 2017

-

At 28 February 2016

-

6.

RESERVES

Revaluation

reserve

£

Revaluation Reserve

1,000,000

At 31 March 2017

1,000,000

7.	RELATED PARTY DISCLOSURES

During the year the following transactions were entered into with companies in which Mr P E

Wildes held an interest:-

A loan was advanced to W Investment Group Limited. As at 31 March 2017 the balance

remaining was £271,347 (2016 - £343,951).

A loan was advanced to P Wildes Group Limited. As at 31 March 2017 the balance

remaining was £330,374 (2016 - £nil).

Included in creditors is a directors loan of £6,860 (2016 - £43,262) due to Mr P Wildes, which

accrues interest at 6% p.a.

8.	ULTIMATE CONTROLLING PARTY

The immediate parent company of Van Dyk Country House Hotel Limited is P Wildes Group

Limited, a company incorporated in England and Wales.

The ultimate controlling party of P Wildes Group Limited is P E Wildes.

The registered address of P Wildes Group Limited is Holiday Inn Express, The Kings Gap,

Hoylake, Wirral, England, CH47 1HE. This is also the company's principal place of business.