Canada Lodge Management Limited - Accounts to registrar (filleted) - small 18.2
Canada Lodge Management Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| CANADA LODGE MANAGEMENT LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
| CANADA LODGE MANAGEMENT LIMITED (REGISTERED NUMBER: 09079920) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CANADA LODGE MANAGEMENT LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Elfed House |
| Oak Tree Court |
| Cardiff Gate Business Park |
| CARDIFF |
| County of Cardiff |
| CF23 8RS |
| CANADA LODGE MANAGEMENT LIMITED (REGISTERED NUMBER: 09079920) |
| BALANCE SHEET |
| 30 SEPTEMBER 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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 Profit and loss account has not been delivered. |
| The financial statements were approved for issue by the director on |
| CANADA LODGE MANAGEMENT LIMITED (REGISTERED NUMBER: 09079920) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
| 1. | STATUTORY INFORMATION |
| Canada Lodge Management Limited is a |
| The company's registered number and registered office address can be found on the Company Information |
| page. |
| The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to |
| the nearest pound. |
| The significant accounting policies applied in the presentation of these financial statements are set out below. |
| These policies have been consistently applied to all years presented unless otherwise stated. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| There have been no material departures from Financial Reporting Standard 102 1A. |
| Turnover |
| Turnover represents amounts receivable in respect of the provision of a venue for weddings and other events |
| during the year, exclusive of value added tax. |
| Tangible fixed assets |
| Long leasehold | - |
| Motor vehicles & equipment | - |
| Computer equipment | - |
| Depreciation has not been provided on some of the construction projects contained within long leasehold as the |
| work was not completed until after the year end. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, |
| except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
| that have been enacted or substantively enacted by the period end and that are expected to apply to the |
| reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's |
| pension scheme are charged to profit or loss in the period to which they relate. |
| Grants |
| Grants towards capital expenditure are treated as deferred income in the balance sheet and written off in the |
| profit and loss account over the life of the asset. |
| CANADA LODGE MANAGEMENT LIMITED (REGISTERED NUMBER: 09079920) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 APRIL 2018 TO 30 SEPTEMBER 2019 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was 20 (2018 - NIL ) . |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures | Motor |
| Long | and | vehicles | Computer |
| leasehold | fittings | & equipment | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 April 2018 |
| Additions |
| At 30 September 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| Charge for period |
| At 30 September 2019 |
| NET BOOK VALUE |
| At 30 September 2019 |
| At 31 March 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Directors' current accounts | 121,647 | - |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| VAT | 33,597 | 10,902 |
| Other creditors |
| Deposits in advance | 117,590 | 162,967 |
| Accrued expenses |
| Deferred government grants |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Deferred government grants |