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REGISTERED NUMBER: 10374971 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Ty Canol Caravan Park Limited

Ty Canol Caravan Park Limited (Registered number: 10374971)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Ty Canol Caravan Park Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: Mrs P A Davies
T G Wilson
J Wilson





REGISTERED OFFICE: Ty Canol Caravan Park
Llangollen,
Denbighshire,
LL20 8DD





REGISTERED NUMBER: 10374971 (England and Wales)





ACCOUNTANTS: DWilkinson&Company
Moors House
11 South Hawksworth Street
Ilkley
West Yorkshire
LS29 9DX

Ty Canol Caravan Park Limited (Registered number: 10374971)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 160,168 62,200

CURRENT ASSETS
Debtors 5 108,673 32,237
Cash at bank and in hand 40,883 107,130
149,556 139,367
CREDITORS
Amounts falling due within one year 6 218,063 146,915
NET CURRENT LIABILITIES (68,507 ) (7,548 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,661

54,652

PROVISIONS FOR LIABILITIES 7 12,180 11,818
NET ASSETS 79,481 42,834

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 79,381 42,734
SHAREHOLDERS' FUNDS 79,481 42,834

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

Ty Canol Caravan Park Limited (Registered number: 10374971)

Balance Sheet - continued
31 December 2021


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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 August 2022 and were signed on its behalf by:





Mrs P A Davies - Director


Ty Canol Caravan Park Limited (Registered number: 10374971)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Ty Canol Caravan Park 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Ty Canol Caravan Park Limited (Registered number: 10374971)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 January 2021 - 56,236 38,374
Additions 96,059 13,549 -
At 31 December 2021 96,059 69,785 38,374
DEPRECIATION
At 1 January 2021 - 17,386 19,026
Charge for year - 6,978 3,870
At 31 December 2021 - 24,364 22,896
NET BOOK VALUE
At 31 December 2021 96,059 45,421 15,478
At 31 December 2020 - 38,850 19,348

Ty Canol Caravan Park Limited (Registered number: 10374971)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2021 2,595 3,500 828 101,533
Additions - - - 109,608
At 31 December 2021 2,595 3,500 828 211,141
DEPRECIATION
At 1 January 2021 519 2,116 286 39,333
Charge for year 311 346 135 11,640
At 31 December 2021 830 2,462 421 50,973
NET BOOK VALUE
At 31 December 2021 1,765 1,038 407 160,168
At 31 December 2020 2,076 1,384 542 62,200

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 100,245 23,809
Other debtors 8,428 8,428
108,673 32,237

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 78,682 50,000
Trade creditors 78,643 38,493
Tax 50,265 36,897
Social security and other taxes 590 1,146
VAT 8,318 18,834
Accrued expenses 1,565 1,545
218,063 146,915

7. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Deferred tax 12,180 11,818

Ty Canol Caravan Park Limited (Registered number: 10374971)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2021 11,818
Balance at 31 December 2021 11,818

8. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
80 Ordinary A 1 80 80
10 Ordinary B 1 10 10
10 Ordinary C 1 10 10
100 100