Company Registration No. 6740466 (England and Wales)
Excalibur Sea Charters Brighton Ltd
Unaudited accounts
for the year ended 31 October 2017
Excalibur Sea Charters Brighton Ltd
Unaudited accounts
Contents
Excalibur Sea Charters Brighton Ltd
Company Information
for the year ended 31 October 2017
Company Number
6740466 (England and Wales)
Registered Office
119 QUEENSWAY
BRIGHTON
EAST SUSSEX
BN2 0FB
Excalibur Sea Charters Brighton Ltd
Statement of financial position
as at
31 October 2017
Tangible assets
24,461
27,161
Cash at bank and in hand
1,087
3,146
Creditors: amounts falling due within one year
(19,034)
(10,051)
Net current liabilities
(17,567)
(6,392)
Called up share capital
2
2
Profit and loss account
6,892
20,767
Shareholders' funds
6,894
20,769
For the year ending 31 October 2017 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 director acknowledges his 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 10 November 2017.
John Barrow
Director
Company Registration No. 6740466
Excalibur Sea Charters Brighton Ltd
Notes to the Accounts
for the year ended 31 October 2017
Excalibur Sea Charters Brighton Ltd is a private company, limited by shares, registered in England and Wales, registration number 6740466. The registered office and principal place of business is 119 QUEENSWAY, BRIGHTON, EAST SUSSEX, BN2 0FB.
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.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Excalibur Sea Charters Brighton Ltd
Notes to the Accounts
for the year ended 31 October 2017
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 November 2016
32,561
At 31 October 2017
32,561
Charge for the year
2,700
At 31 October 2017
24,461
At 31 October 2016
27,161
6
Creditors: amounts falling due within one year
2017
2016
Loans from directors
19,034
10,051
7
Share capital
2017
2016
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).