Company No:
Contents
Note | 31.12.2021 | |
£ | ||
Fixed assets | ||
Intangible assets | 3 |
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Tangible assets | 4 |
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1,872,580 | ||
Current assets | ||
Stocks | 5 |
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Debtors | 6 |
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Cash at bank and in hand |
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368,994 | ||
Creditors | ||
Amounts falling due within one year | 7 | (
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Net current liabilities | (1,840,777) | |
Total assets less current liabilities | 31,803 | |
Net assets |
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Capital and reserves | ||
Called-up share capital |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
The financial statements of A Keen Leisure Ltd (registered number:
Amanda Louise Keen
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
A Keen Leisure Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is A Keen Leisure T/As St Agnes Holiday Park, Blackwater, Truro, TR4 8HS, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.
Goodwill |
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Land and buildings |
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Plant and machinery |
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Vehicles |
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Fixtures and fittings |
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Computer equipment |
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Other property, plant and equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Period from 19.02.2021 to 31.12.2021 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Goodwill | Total | ||
£ | £ | ||
Cost | |||
At 19 February 2021 |
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Additions |
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At 31 December 2021 |
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Accumulated amortisation | |||
At 19 February 2021 |
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Charge for the financial period |
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At 31 December 2021 |
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Net book value | |||
At 31 December 2021 |
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Land and buildings | Plant and machinery | Vehicles | Fixtures and fittings | Computer equipment | Other property, plant and equipment |
Total | |||||||
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Cost | |||||||||||||
At 19 February 2021 |
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Additions |
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Disposals |
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At 31 December 2021 |
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Accumulated depreciation | |||||||||||||
At 19 February 2021 |
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Charge for the financial period |
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At 31 December 2021 |
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Net book value | |||||||||||||
At 31 December 2021 |
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31.12.2021 | |
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Stocks |
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31.12.2021 | |
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Trade debtors |
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Amounts owed by Group undertakings |
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Other debtors |
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31.12.2021 | |
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Trade creditors |
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Amounts owed to Group undertakings |
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Other creditors |
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Other taxation and social security |
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Other related party transactions
31.12.2021 | |
£ | |
A R & A L Keen Limited is a company under common ownership and control. At 31 December 2021 the company owed £2,119,137 to A R & A L Keen Limited (2020 - £nil). | (2,119,137) |
Keen Leisure Holdings Limited is the parent of the company. At 31 December 2021 the company was owed £100 from Keen Leisure Holdings Limited | 100 |