Registration number:
Bawtry Hall Venue Limited
for the Year Ended 30 June 2019
Bawtry Hall Venue Limited
(Registration number: 10724148)
Balance Sheet as at 30 June 2019
Note |
2019 |
2018 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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|
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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For the financial year ending 30 June 2019 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. |
These financial statements which 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. and in accordance with the provisions of FRS102 Section 1A Small Entities.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.
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Bawtry Hall Venue Limited
(Registration number: 10724148)
Balance Sheet as at 30 June 2019 (continued)
These financial statements were approved and authorised for issue by the
.........................................
J P Cooper
Director
.........................................
C Dowie
Director
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Bawtry Hall Venue Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
Accounting policies |
Statutory information
Bawtry Hall Venue Limited is a private company, limited by shares, domiciled in England and Wales, company number 10724148. The registered office is at Bawtry Hall, South Parade, Bawtry, Doncaster, DN10 6JH.
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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There has been no material departure from this standard.
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. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Going concern
After due consideration of all relevant factors, including the recent temporary restrictions imposed as a result of the recent COVID-19 pandemic, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Financial instruments
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Bawtry Hall Venue Limited
Notes to the Financial Statements for the Year Ended 30 June 2019 (continued)
Debtors |
2019 |
2018 |
|
Amounts owed by group undertakings |
|
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Other debtors |
|
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Directors current accounts |
100 |
100 |
103,404 |
127,635 |
Creditors |
Creditors: amounts falling due within one year
2019 |
2018 |
|
Due within one year |
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Bank loans and overdrafts |
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Due after one year |
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Loans and borrowings |
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Creditors: amounts falling due after more than one year
Note |
2019 |
2018 |
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
2019 |
2018 |
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Current loans and borrowings |
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Other borrowings |
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2019 |
2018 |
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Non-current loans and borrowings |
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Other borrowings |
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Bank borrowings
Bank borrowings are secured by personal guarantees provided by the directors.
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