Registered Number:07620063 |
For the year ended 30 September 2022
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2022
Attractions of Snowdonia
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
Attractions of Snowdonia
Statement of Financial Position
2021
2022
977
1,156
2
Property, plant and equipment |
227
507
3
1,204
1,663
4,000
6,500
4
Trade and other receivables |
26,113
3,138
5
45,259
Cash and cash equivalents |
13,509
23,147
75,372
Trade and other payables: amounts falling due within one |
year |
(56,548)
(17,393)
6
18,824
5,754
Net current assets
Total assets less current liabilities |
6,958
20,487
-
(246)
Provisions for liabilities |
6,958
Net assets
20,241
6,958
20,241
6,958
20,241
Members' Funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 30 September 2022
Attractions of Snowdonia
Statement of Financial Position Continued
J C Williams-Ellis Director |
These financial statements were approved and authorised for issue by the Board on 26 June 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2022
Attractions of Snowdonia
Notes to the Financial Statements
Statutory Information
Attractions of Snowdonia is a private limited company, limited by guarantee, domiciled in England and Wales, |
registration number 07620063. |
Glasfryn Parc
Y Ffor
Pwllheli
Gwynedd
LL53 6PG
The presentation currency is £ sterling. |
The company is limited by guarantee and does not have any share capital. The liability of the members in the |
event of the company being liquidated is limited to £1 per member. |
The principal activity of the company continued to be that of the promotion of tourism and attractions in the |
Eryri (Snowdonia) National Park. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention |
as modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods), the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably. |
Intangible assets
Intangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated amortisation and impairment losses. Amortisation of intangible assetsAmortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the estimated useful life of that asset of 10 years. |
Property, plant and equipment
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For the year ended 30 September 2022
Attractions of Snowdonia
Notes to the Financial Statements Continued
Tangible assets stated in the Statement of Financial Position are initially recorded at cost and are subsequently |
stated at cost less any accumulated depreciation and impairment losses. The cost of tangible assets includes |
directly attributable incremental costs incurred in their acquisition and installation. |
Depreciation of tangible assets |
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 the asset as follows: |
Computer equipment - over 4 years. |
If there is an indication that there has been a significant change in depreciation rate, useful life or residual |
value of tangible assets, the depreciation is revised to reflect the new estimates. |
Inventories
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow moving items. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. |
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the year. Tax |
is recognised in the Statement of Income and Retained Earnings, except that a change attributable to an item |
of income or expense recognised as other comprehensive income is also recognised directly in other |
comprehensive income. |
Current tax is recognised on taxable profit for the current and past periods. The current tax charge is |
measured at the amounts of tax expected to pay or recover calculated on the basis of tax rates and laws that |
have been enacted or substantively enacted by the reporting date. |
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and |
other deferred tax assets are recognised to the extent that it is probable that they will be recovered against |
the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax |
rates and laws that have been enacted or substantively enacted by the reporting date that are expected to |
apply to the reversal of the timing difference. |
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For the year ended 30 September 2022
Attractions of Snowdonia
Notes to the Financial Statements Continued
2. Intangible fixed assets |
1,795
1,795
639
179
Charge for year
818
977
1,156
3. Property, plant and equipment |
Website
16,434
1,128
15,306
15,306
1,128
16,434
Provision for depreciation and impairment |
15,927
621
15,306
Charge for year
280
280
-
16,207
901
15,306
-
227
227
-
507
507
2021
2022
6,500
4,000
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For the year ended 30 September 2022
Attractions of Snowdonia
Notes to the Financial Statements Continued
5. Trade and other receivables |
2021
2022
1,983
21,156
1,155
4,957
26,113
3,138
6. Trade and other payables: amounts falling due within one year |
2021
2022
3,698
25,200
Taxation and social security |
1,769
1,691
11,926
29,657
17,393
56,548
7. Related party transactions |
During the year, purchases totalling £1,200 in respect of office accommodation, were made from a company |
in which one of the Directors has an interest. |
During the year, sales totalling £8,560 were invoiced on normal commercial terms to various businesses in |
which the Directors who served during the year have an interest. |
8. Average number of persons employed |
During the year the average number of employees was 2 (2021 : 2)
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