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REGISTERED NUMBER: 07555405 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

TALL TREES CARAVAN PARK LTD

TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TALL TREES CARAVAN PARK LTD

COMPANY INFORMATION
for the Year Ended 28 FEBRUARY 2023







DIRECTORS: Mrs L Hiles
Mr J Hiles





SECRETARY:





REGISTERED OFFICE: Lambert House
The Street
Thornage
Holt
Norfolk
NR25 7QF





REGISTERED NUMBER: 07555405 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,805 9,738

CURRENT ASSETS
Debtors 5 987,118 752,007
Prepayments and accrued income 294 -
Cash at bank and in hand 4,499,761 5,016,390
5,487,173 5,768,397
CREDITORS
Amounts falling due within one year 6 44,467 419,902
NET CURRENT ASSETS 5,442,706 5,348,495
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,451,511

5,358,233

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 5,450,511 5,357,233
5,451,511 5,358,233

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

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

TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 2023


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 15 November 2023 and were signed on its behalf by:




Mr J Hiles - Director



Mrs L Hiles - Director


TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Tall Trees 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fixtures and Fittings - 25% straight line
Motor Vehicles - 25% reducing balance


TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 6 ) .

TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2022 - 31,964 31,964
Additions 2,002 - 2,002
At 28 February 2023 2,002 31,964 33,966
DEPRECIATION
At 1 March 2022 - 22,226 22,226
Charge for year 500 2,435 2,935
At 28 February 2023 500 24,661 25,161
NET BOOK VALUE
At 28 February 2023 1,502 7,303 8,805
At 28 February 2022 - 9,738 9,738

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 7,797 13,931

Amounts falling due after more than one year:
Other debtors 979,321 738,076

Aggregate amounts 987,118 752,007

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 119 640
Taxation and social security 35,398 116,030
Other creditors 8,950 303,232
44,467 419,902

TALL TREES CARAVAN PARK LTD (REGISTERED NUMBER: 07555405)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
Mr J Hiles and Mrs L Hiles
Balance outstanding at start of year (19,637 ) 365
Amounts advanced 82,797 40,602
Amounts repaid (60,120 ) (60,604 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,040 (19,637 )

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to the directors .

The Company was under the control of Mr J and Mrs L Hiles throughout the current year. Mr J Hiles is the managing director, Mr J and Mrs L Hiles control all the shares equally.

The company's principal related parties during the period were as follows:

Mr J D Hiles (director)
Mrs L Hiles (director)
Tall Trees Caravan Park (a partnership in which Mr J D Hiles and Mrs L Hiles are partners)

The directors owed the company £3,040 (2022 - (£19,637))

The company's transactions with Tall Trees Caravan Park were as follows:

2022

Insurance premiums due £(4,128)
Management charges £210,000

2023

Insurance premiums due £ -
Management charges £250,000