Company Registration No. 3426263 (England and Wales)
The Gables Rest Home Ltd
Unaudited accounts
for the year ended 31 March 2022
The Gables Rest Home Ltd
Unaudited accounts
Contents
The Gables Rest Home Ltd
Company Information
for the year ended 31 March 2022
Directors
Ms Marie Bernadette Cloonan
Mr Keenan Cristian Rothwell
Secretary
Mr Keenan Cristian Rothwell
Company Number
3426263 (England and Wales)
Registered Office
17 Cefn Y Bryn
Llanrhos
Conwy
LL30 1NH
Wales
Accountants
The Wright Advice Ltd
2 Llanedeyrn Road
Cardiff
CF23 9DX
The Gables Rest Home Ltd
Statement of financial position
as at
31 March 2022
Tangible assets
267,949
102,819
Cash at bank and in hand
355,102
378,790
Creditors: amounts falling due within one year
(91,831)
(87,275)
Net current assets
321,572
300,653
Total assets less current liabilities
589,521
403,472
Creditors: amounts falling due after more than one year
(30,135)
(49,217)
Provisions for liabilities
Deferred tax
(10,387)
(8,278)
Net assets
548,999
345,977
Called up share capital
103
103
Profit and loss account
548,896
345,874
Shareholders' funds
548,999
345,977
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit 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 accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2022 and were signed on its behalf by
Mr Keenan Cristian Rothwell
Director
Company Registration No. 3426263
The Gables Rest Home Ltd
Notes to the Accounts
for the year ended 31 March 2022
The Gables Rest Home Ltd is a private company, limited by shares, registered in England and Wales, registration number 3426263. The registered office is 17 Cefn Y Bryn, Llanrhos, Conwy, LL30 1NH, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line on cost
Motor vehicles
25% reducing balance
Fixtures & fittings
15% straight line on cost
Computer equipment
33% straight line on cost
Intangible fixed assets consisting of purchased goodwill has been fully amortised.
Turnover is measured at the fair value of the consideration received or receivable, excluding rebates.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws, but excludes land and buildings.
Deferred tax assets and liabilities are not discounted.
The Gables Rest Home Ltd
Notes to the Accounts
for the year ended 31 March 2022
4
Intangible fixed assets
Total
The investment in Dean Street Productions No 7 and No 16 LLP has been written off.
5
Tangible fixed assets
Total
Charge for the year
18,797
6
Share capital
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
3 A Ordinary shares of £1 each
3
3
7
Average number of employees
During the year the average number of employees was 30 (2021: 29).