Holiday With Us Ltd Filleted accounts for Companies House (small and micro)
Holiday With Us Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
06653177
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Director's responsibilities:
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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
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 July 2018
, and are signed on behalf of the board by:
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Director |
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Company registration number:
06653177
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Notes to the Financial Statements |
Year ended 31 December 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 33 Market Place, Wisbech, Cambs, PE13 1DP.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
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:
Leasehold property |
- |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Impairment of fixed assets
Provisions
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
14
(2016:
11
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 January 2017 |
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Additions |
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– |
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At 31 December 2017 |
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Depreciation |
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At 1 January 2017 |
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Charge for the year |
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At 31 December 2017 |
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Carrying amount |
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At 31 December 2017 |
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At 31 December 2016 |
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6.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
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– |
Other debtors |
– |
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------- |
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------- |
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7.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Trade creditors |
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(
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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– |
Corporation tax |
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Social security and other taxes |
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Other creditors |
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Other creditors |
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8.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2017 |
2016 |
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£ |
£ |
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Not later than 1 year |
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9.
Director's advances, credits and guarantees
10.
Related party transactions
The company was under the control of the sole director
Mrs C Fitzpatrick
throughout the current and previous year, by virtue of her 100% shareholding in the company. Mrs C Fitzpatrick
also owns and controls another company, Holiday With Us (Spalding) Ltd. Finance is transferred between the 2 companies from time to time. At 31 December 2017 the company owes Holiday With Us (Spalding) Ltd £37,794 (2016:£4,263 debtor), which is shown in other creditors
. The company paid rent of £9,600 (2016:£9,600) to Mrs C Fitzpatrick
during the year in respect of one of the business premises.