Company Registration No. 12460044 (England and Wales)
SANDYHILL GUEST HOUSE LIMITED
Unaudited accounts
for the year ended 28 February 2022
SANDYHILL GUEST HOUSE LIMITED
Unaudited accounts
Contents
SANDYHILL GUEST HOUSE LIMITED
Company Information
for the year ended 28 February 2022
Directors
A M Lee
M A Lee
Company Number
12460044 (England and Wales)
Registered Office
SANDYHILL GUEST HOUSE
SANDYHILL ROAD
SAUNDERSFOOT
PEMBROKESHIRE
SA69 9DR
UNITED KINGDOM
Accountants
williams lester accountants ltd
Ground Floor Offices
County Chambers, Warren Street
Tenby
Pembrokeshire
SA70 7JS
SANDYHILL GUEST HOUSE LIMITED
Statement of financial position
as at
28 February 2022
Tangible assets
6,656
5,976
Cash at bank and in hand
4,210
6,089
Creditors: amounts falling due within one year
(23,840)
(30,784)
Net current liabilities
(19,630)
(24,695)
Net liabilities
(12,974)
(18,719)
Called up share capital
2
2
Profit and loss account
(12,976)
(18,721)
Shareholders' funds
(12,974)
(18,719)
For the year ending 28 February 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.
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 25 November 2022 and were signed on its behalf by
A M Lee
Director
Company Registration No. 12460044
SANDYHILL GUEST HOUSE LIMITED
Notes to the Accounts
for the year ended 28 February 2022
SANDYHILL GUEST HOUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12460044. The registered office is SANDYHILL GUEST HOUSE, SANDYHILL ROAD, SAUNDERSFOOT, PEMBROKESHIRE, SA69 9DR, UNITED KINGDOM.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2021
6,901
-
569
7,470
Additions
490
1,648
-
2,138
At 28 February 2022
7,391
1,648
569
9,608
At 1 March 2021
1,380
-
114
1,494
Charge for the year
1,202
165
91
1,458
At 28 February 2022
2,582
165
205
2,952
At 28 February 2022
4,809
1,483
364
6,656
At 28 February 2021
5,521
-
455
5,976
SANDYHILL GUEST HOUSE LIMITED
Notes to the Accounts
for the year ended 28 February 2022
5
Creditors: amounts falling due within one year
2022
2021
Loans from directors
22,763
29,710
6
Average number of employees
During the year the average number of employees was 1 (2021: 1).