Registration number:
Robin Hood's Bay Limited
for the
Period from 24 May 2021 to 31 May 2022
Robin Hood's Bay Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Robin Hood's Bay Limited
Company Information
Directors |
M McKeague R J Cowper |
Registered office |
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Accountants |
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Robin Hood's Bay Limited
(Registration number: 13416689)
Balance Sheet as at 31 May 2022
Note |
2022 |
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Fixed assets |
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Tangible assets |
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Investment property |
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Creditors: Amounts falling due within one year |
( |
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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
2 |
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Retained earnings |
(3,926) |
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Shareholders' deficit |
(3,924) |
For the financial period ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Robin Hood's Bay Limited
(Registration number: 13416689)
Balance Sheet as at 31 May 2022
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Robin Hood's Bay Limited
Notes to the Unaudited Financial Statements for the Period from 24 May 2021 to 31 May 2022
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Robin Hood's Bay Limited
Notes to the Unaudited Financial Statements for the Period from 24 May 2021 to 31 May 2022
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Furniture and fittings |
15% reducing balance |
Investment property
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Robin Hood's Bay Limited
Notes to the Unaudited Financial Statements for the Period from 24 May 2021 to 31 May 2022
Tangible assets |
Furniture, fittings and equipment |
Total |
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Cost or valuation |
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Additions |
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At 31 May 2022 |
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Depreciation |
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Carrying amount |
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At 31 May 2022 |
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Investment properties |
2022 |
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Additions |
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At 31 May |
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Investment property was acquired during the period and renovation undertaken with a view to let the property once renovation works are complete.The directors consider the original cost of the property plus the renovation costs to date reflect a fair value of the property at the balance sheet date.
There has been no valuation of investment property by an independent valuer.
Robin Hood's Bay Limited
Notes to the Unaudited Financial Statements for the Period from 24 May 2021 to 31 May 2022
Creditors |
Creditors: amounts falling due within one year
2022 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
2022 |
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No. |
£ |
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2 |