Company Registration No. 11730764 (England and Wales)
Jurassic Holidays Ltd
Unaudited accounts
for the period from 17 December 2018 to 31 December 2019
Jurassic Holidays Ltd
Unaudited accounts
Contents
Jurassic Holidays Ltd
Company Information
for the period from 17 December 2018 to 31 December 2019
Directors
E Oliver
D Oliver
Company Number
11730764 (England and Wales)
Registered Office
15 Wessiters
Seaton
EX12 2PW
Accountants
Griffin
165 High Street
Honiton
Devon
EX14 1LQ
Jurassic Holidays Ltd
Statement of financial position
as at
31 December 2019
Investment property
370,763
Cash at bank and in hand
6,880
Creditors: amounts falling due within one year
(154,163)
Net current liabilities
(147,283)
Total assets less current liabilities
223,480
Creditors: amounts falling due after more than one year
(223,380)
Called up share capital
100
For the period ending 31 December 2019 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.
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.
Approved by the Board on 26 February 2020.
E Oliver
Director
Company Registration No. 11730764
Jurassic Holidays Ltd
Notes to the Accounts
for the period from 17 December 2018 to 31 December 2019
Jurassic Holidays Ltd is a private company, limited by shares, registered in England and Wales, registration number 11730764. The registered office is 15 Wessiters, Seaton, EX12 2PW.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold builds inc invest property - No Depreciation
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
The tax expense represents the sum of the tax currently payable.
Jurassic Holidays Ltd
Notes to the Accounts
for the period from 17 December 2018 to 31 December 2019
The tax currently payable is based on taxable profit for the year. taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
4
Investment property
2019
At 31 December 2019
370,763
5
Creditors: amounts falling due within one year
2019
Taxes and social security
871
Loans from directors
152,332
6
Creditors: amounts falling due after more than one year
2019
7
Average number of employees
During the period the average number of employees was 0.