PTP Accounts Production v23.2.0.158 03747299 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure037472992022-02-28037472992023-02-28037472992022-03-012023-02-28037472992021-02-28037472992021-03-012022-02-28037472992022-02-2803747299ns16:EnglandWales2022-03-012023-02-2803747299ns15:PoundSterling2022-03-012023-02-2803747299ns11:Director12022-03-012023-02-2803747299ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2803747299ns11:SmallEntities2022-03-012023-02-2803747299ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2803747299ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2803747299ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2803747299ns11:AbridgedAccounts2022-03-012023-02-2803747299ns11:Director22022-03-012023-02-2803747299ns11:CompanySecretary12022-03-012023-02-2803747299ns11:RegisteredOffice2022-03-012023-02-2803747299ns6:CurrentFinancialInstruments2023-02-2803747299ns6:CurrentFinancialInstruments2022-02-2803747299ns6:Non-currentFinancialInstruments2023-02-2803747299ns6:Non-currentFinancialInstruments2022-02-2803747299ns6:ShareCapital2023-02-2803747299ns6:ShareCapital2022-02-2803747299ns6:RevaluationReserve2023-02-2803747299ns6:RevaluationReserve2022-02-2803747299ns6:RetainedEarningsAccumulatedLosses2023-02-2803747299ns6:RetainedEarningsAccumulatedLosses2022-02-2803747299ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-012023-02-2803747299ns6:FurnitureFittings2022-03-012023-02-2803747299ns6:RevaluationReserve2022-02-28037472992ns11:Director22022-02-28037472992ns11:Director22021-02-28037472992ns11:Director22022-03-012023-02-28037472992ns11:Director22021-03-012022-02-28037472992ns11:Director22023-02-28037472992ns11:Director22022-02-28
REGISTERED NUMBER: 03747299 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

MAELAN CARAVAN PARK LTD

MAELAN CARAVAN PARK LTD (REGISTERED NUMBER: 03747299)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MAELAN CARAVAN PARK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTORS: Miss Margaret Roberts
Mr Richard John Roberts





SECRETARY: Mrs Bethan Roberts





REGISTERED OFFICE: Garth Maelan
Dolgellau
Gwynedd
LL40 2LS





REGISTERED NUMBER: 03747299 (England and Wales)

MAELAN CARAVAN PARK LTD (REGISTERED NUMBER: 03747299)

ABRIDGED BALANCE SHEET
28TH FEBRUARY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 324,532 326,090

CURRENT ASSETS
Debtors 4,000 6,090
Cash at bank 284,463 290,313
288,463 296,403
CREDITORS
Amounts falling due within one year 14,369 21,461
NET CURRENT ASSETS 274,094 274,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

598,626

601,032

CREDITORS
Amounts falling due after more than one
year

(13,978

)

(19,765

)

PROVISIONS FOR LIABILITIES (1,700 ) (2,000 )
NET ASSETS 582,948 579,267

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 5 118,000 118,000
Retained earnings 464,946 461,265
SHAREHOLDERS' FUNDS 582,948 579,267

MAELAN CARAVAN PARK LTD (REGISTERED NUMBER: 03747299)

ABRIDGED BALANCE SHEET - continued
28TH FEBRUARY 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Profit and Loss Account and an abridged Balance Sheet for the year ended 28th February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th July 2023 and were signed on its behalf by:





Miss Margaret Roberts - Director


MAELAN CARAVAN PARK LTD (REGISTERED NUMBER: 03747299)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023

1. STATUTORY INFORMATION

Maelan Caravan Park Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - in accordance with the property
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


MAELAN CARAVAN PARK LTD (REGISTERED NUMBER: 03747299)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

2. ACCOUNTING POLICIES - continued
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.

Going concern basis of accounting
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1st March 2022
and 28th February 2023 351,971
DEPRECIATION
At 1st March 2022 25,881
Charge for year 1,558
At 28th February 2023 27,439
NET BOOK VALUE
At 28th February 2023 324,532
At 28th February 2022 326,090

MAELAN CARAVAN PARK LTD (REGISTERED NUMBER: 03747299)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation of land and buildings comprises:
£

Cost 182,000
Valuation 2007 118,000
-------------
300,000
------------

5. RESERVES
Revaluation
reserve
£
At 1st March 2022
and 28th February 2023 118,000

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2023 and 28th February 2022:

2023 2022
£ £
Mr Richard John Roberts
Balance outstanding at start of year 6,000 6,000
Amounts advanced - 6,000
Amounts repaid - (6,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 6,000