Little Aston Hall and Lakeside Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03008616 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2021

for

LITTLE ASTON HALL AND LAKESIDE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R B Adams

L J Rolinson

J W Hartland

R Bunting

SECRETARY:

REGISTERED OFFICE:

Arbor House

Broadway North

Walsall

West Midlands

WS1 2AN

REGISTERED NUMBER:

03008616 (England and Wales)

ACCOUNTANTS:

Bakers

(The practising name of

Baker (Midlands) Limited)

Arbor House

Broadway North

Walsall

WS1 2AN

FIXED ASSETS

Tangible assets

5

375,191

375,191

CURRENT ASSETS

Debtors

6

3,023

6,590

Cash at bank

138,663

124,203

141,686

130,793

CREDITORS

Amounts falling due within one year

7

54,361

49,203

NET CURRENT ASSETS

87,325

81,590

TOTAL ASSETS LESS CURRENT LIABILITIES

462,516

456,781

CAPITAL AND RESERVES

Called up share capital

367,500

367,500

Share premium

10,000

10,000

Contingency reserve

85,016

79,281

462,516

456,781

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th March 2022 and were signed on its behalf by:

R B Adams - Director

L J Rolinson - Director

1.	STATUTORY INFORMATION

Little Aston Hall and Lakeside Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard aplicable in the UK and Republic of Ireland'.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

The accounts are rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for service charge and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets

Tangible fixed assets are shown initially at cost and not fair value. Freehold and and buildings are not depreciated.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st January 2021

and 31st December 2021

375,191

NET BOOK VALUE

At 31st December 2021

375,191

At 31st December 2020

375,191

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

-

4,220

Other debtors

3,023

2,370

3,023

6,590

Included in debtors are prepayments of £3,023 (2020 £2,370).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

54,305

49,147

Taxation and social security

56

56

54,361

49,203

Included in creditors are accruals of £9,411 (2020 £13,940).

8.	CONTROLLING PARTY

There is no controlling party.