OM Holidays Ltd - Accounts to registrar (filleted) - small 18.2
OM Holidays Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| OM Holidays Ltd |
| Unaudited Financial Statements for the Year Ended 31 December 2017 |
| OM Holidays Ltd (Registered number: 00613960) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2017 |
| Page |
| Statement of Financial Position | 1 |
| Notes to the Financial Statements | 3 |
| OM Holidays Ltd (Registered number: 00613960) |
| Statement of Financial Position |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Capital redemption reserve |
| Retained earnings |
| 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. |
| OM Holidays Ltd (Registered number: 00613960) |
| Statement of Financial Position - continued |
| 31 December 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director on |
| OM Holidays Ltd (Registered number: 00613960) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2017 |
| 1. | Statutory information |
| OM Holidays Ltd is a |
| registered number and registered office address are as below: |
| Registered number: | 00613960 |
| Registered office: | 10 Bridge Street |
| Christchurch |
| Dorset |
| BH23 1EF |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| The turnover shown in the profit and loss account represents amounts receivable for the year, exclusive of Value |
| Added Tax, from farming and the running of Bagwell Farm Touring Park. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Stock and work in progress |
| Work in progress is measured at the lower of cost and net realisable value. |
| Stock is measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Taxation |
| Taxation for the year 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 statement of financial position date. |
| OM Holidays Ltd (Registered number: 00613960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 2. | Accounting policies - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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 year 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 year was |
| 4. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 January 2017 |
| and 31 December 2017 |
| Amortisation |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| Net book value |
| At 31 December 2017 |
| At 31 December 2016 |
| OM Holidays Ltd (Registered number: 00613960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 5. | Tangible fixed assets |
| Freehold | Plant and | Motor |
| property | machinery | vehicles | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 January 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 December 2017 |
| Depreciation |
| At 1 January 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 December 2017 |
| Net book value |
| At 31 December 2017 |
| At 31 December 2016 |
| 6. | Debtors: amounts falling due within one year |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | Creditors: amounts falling due within one year |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | Creditors: amounts falling due after more than one year |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| Other creditors |
| OM Holidays Ltd (Registered number: 00613960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 8. | Creditors: amounts falling due after more than one year - continued |
| 2017 | 2016 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 931,512 | 1,052,680 |
| 9. | Secured debts |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| The bank loans are secured on the assets of the company. |