Registration number:
Right Choice Park and Leisure Homes Limited
for the Year Ended 31 December 2019
Accountant
Right Choice Park and Leisure Homes Limited
Contents
Company Information |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
|
Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Right Choice Park and Leisure Homes Limited
Company Information
Director |
Ms K Mason |
Registered office |
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Accountants |
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Page 1 |
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Right Choice Park and Leisure Homes Limited
for the Year Ended 31 December 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Right Choice Park and Leisure Homes Limited for the year ended 31 December 2019 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Right Choice Park and Leisure Homes Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Right Choice Park and Leisure Homes Limited and state those matters that we have agreed to state to the Board of Directors of Right Choice Park and Leisure Homes Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Right Choice Park and Leisure Homes Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Right Choice Park and Leisure Homes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Right Choice Park and Leisure Homes Limited. You consider that Right Choice Park and Leisure Homes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Right Choice Park and Leisure Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Accountant
Page 2 |
Right Choice Park and Leisure Homes Limited
Profit and Loss Account for the Year Ended 31 December 2019
2019 |
2018 |
|
Turnover |
|
|
Cost of raw materials and consumables |
( |
( |
Staff costs |
( |
( |
Depreciation and other amounts written off assets |
( |
( |
Other charges |
(62,589) |
(33,887) |
Profit before tax |
|
|
Taxation |
( |
( |
Profit for the year |
|
|
Page 3 |
Right Choice Park and Leisure Homes Limited
(Registration number: 08719870)
Balance Sheet as at 31 December 2019
2019 |
2018 |
|
Fixed assets |
|
|
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
Accruals and deferred income |
( |
( |
|
|
|
Capital and reserves |
|
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Page 4 |
Right Choice Park and Leisure Homes Limited
(Registration number: 08719870)
Balance Sheet as at 31 December 2019 (continued)
Director's responsibilities:
• |
|
• |
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Director
Page 5 |
Right Choice Park and Leisure Homes Limited
Detailed Profit and Loss Account for the Year Ended 31 December 2019
2019 |
2018 |
|
Turnover (analysed below) |
144,795 |
133,715 |
Cost of sales (analysed below) |
(13,464) |
(21,351) |
Gross profit |
131,331 |
112,364 |
Gross profit (%) |
90.7% |
84.03% |
Administrative expenses |
||
Employment costs (analysed below) |
(24,657) |
(47,578) |
Establishment costs (analysed below) |
(2,552) |
(2,334) |
General administrative expenses (analysed below) |
(57,943) |
(29,519) |
Finance charges (analysed below) |
(1,940) |
(1,724) |
Depreciation costs (analysed below) |
(314) |
(792) |
(87,406) |
(81,947) |
|
Operating profit |
43,925 |
30,417 |
Interest payable and similar expenses (analysed below) |
(154) |
(310) |
Profit before tax |
43,771 |
30,107 |
Page 6 |
Right Choice Park and Leisure Homes Limited
Detailed Profit and Loss Account for the Year Ended 31 December 2019 (continued)
2019 |
2018 |
Turnover |
||
Sale of goods, UK |
144,794 |
133,713 |
Interest received |
1 |
2 |
144,795 |
133,715 |
Cost of sales |
||
Purchases |
(13,182) |
(21,349) |
Direct costs |
(282) |
(2) |
(13,464) |
(21,351) |
Employment costs |
||
Wages and salaries (excluding directors) |
(24,513) |
(46,300) |
Staff pensions (Defined contribution) |
(144) |
(1,278) |
(24,657) |
(47,578) |
Establishment costs |
||
Insurance |
(1,379) |
(1,446) |
Use of home as office |
(208) |
(216) |
Repairs and renewals |
(965) |
(672) |
(2,552) |
(2,334) |
General administrative expenses |
||
Telephone and fax |
(932) |
(801) |
Computer software and maintenance costs |
(5,607) |
(2,946) |
Printing, postage and stationery |
(597) |
(1,764) |
Trade subscriptions |
(9) |
(361) |
Sundry expenses |
(2,031) |
(650) |
Cleaning |
(2,469) |
(1,189) |
Management charges payable |
(14,299) |
- |
Motor expenses |
(7,467) |
(2,843) |
Car hire and leasing expenses (Spot hire) |
(3,724) |
(4,264) |
Travel and subsistence |
(8,406) |
(175) |
Advertising |
(9,645) |
(11,258) |
Staff entertaining (allowable for tax) |
(63) |
(303) |
Accountancy fees |
(2,694) |
(2,965) |
(57,943) |
(29,519) |
Finance charges |
||
Bank charges |
(1,940) |
(1,724) |
Page 7 |
Right Choice Park and Leisure Homes Limited
Detailed Profit and Loss Account for the Year Ended 31 December 2019 (continued)
2019 |
2018 |
Depreciation costs |
||
Depreciation of office equipment (owned) |
(314) |
(792) |
Interest payable and similar expenses |
||
Other interest payable |
(154) |
(310) |
Page 8 |