COSGROVE LEISURE THAMES RETREAT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 10 FEBRUARY 2017 TO 30 JUNE 2018
PAGES FOR FILING WITH REGISTRAR
Company Registration No. 10613525 (England and Wales)
COSGROVE LEISURE THAMES RETREAT LIMITED
COMPANY INFORMATION
Directors
Mr P J Cosgrove
(Appointed 10 February 2017)
Mr P Cosgrove
(Appointed 10 February 2017)
Company number
10613525
Registered office
Tudor Lodge
Augustine Road
Minster on Sea
Sheerness
Kent
ME12 2LZ
Accountants
Charterhouse (Accountants) Limited
166 College Road
Harrow
Middlesex
HA1 1RA
COSGROVE LEISURE THAMES RETREAT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
COSGROVE LEISURE THAMES RETREAT LIMITED
BALANCE SHEET
AS AT
30 JUNE 2018
30 June 2018
- 1 -
2018
Notes
£
£
Current assets
Debtors
3
2
Cash at bank and in hand
85
87
Creditors: amounts falling due within one year
4
(3,200)
Net current liabilities
(3,113)
Capital and reserves
Called up share capital
5
2
Profit and loss reserves
(3,115)
Total equity
(3,113)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial Period ended 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors and authorised for issue on 7 February 2019 and are signed on its behalf by:
Mr P J Cosgrove
Director
Company Registration No. 10613525
COSGROVE LEISURE THAMES RETREAT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2018
- 2 -
1
Accounting policies
Company information
Cosgrove Leisure Thames Retreat Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Tudor Lodge, Augustine Road, Minster on Sea, Sheerness, Kent, ME12 2LZ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Reporting period
This is the first time company has presented its financial statements since its incorporation and hence the financial statements presented are for the period of more than twelve months with no comparatives.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset
, with
the net amounts presented in the financial statements
,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs
. Financial assets classified as receivables within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, loans from
fellow group companies are recognised at transaction price unless the arrangement constitutes a
financing transaction
. Financial liabilities classified as payable within one year are not amortised.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the Period was 2.
COSGROVE LEISURE THAMES RETREAT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2018
- 3 -
3
Debtors
2018
Amounts falling due within one year:
£
Amounts owed by group undertakings
2
4
Creditors: amounts falling due within one year
2018
£
Amounts due to group undertakings
3,200
5
Called up share capital
2018
£
Ordinary share capital
Issued and fully paid
2 Ordinary shares of £1 each
2
2
During the period the company issued 2 ordinary shares of £1 each at par value.
6
Related party transactions
As at the balance sheet date the company owed £3,200 to Sheerness Holiday Park Limited, a company in which Mr P J Cosgrove has beneficial ownership. The amount is interest free and repayable on demand.
7
Parent company
The parent company is Patrick Enterprises Limited and its registered office is Sarnia House St Peter Port, Guernsey, Channel Islands, GY1 4NA.