Company Registration No. 12655817 (England and Wales)
Moss Lane Park Limited
Unaudited accounts
for the period from 1 July 2022 to 28 February 2023
Moss Lane Park Limited
Unaudited accounts
Contents
Moss Lane Park Limited
Company Information
for the period from 1 July 2022 to 28 February 2023
Directors
Andy Walling
Lisa Walling
Company Number
12655817 (England and Wales)
Registered Office
HALLIDAYS FARM MOSS LANE
BILSBORROW
PRESTON
PR3 0RU
ENGLAND
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
Moss Lane Park Limited
Statement of financial position
as at 28 February 2023
Tangible assets
10,035
12,736
Cash at bank and in hand
12,895
2,931
Creditors: amounts falling due within one year
(14,508)
(10,652)
Net current assets
3,885
17,506
Total assets less current liabilities
13,920
30,242
Provisions for liabilities
Deferred tax
(1,906)
(2,420)
Called up share capital
2
2
Profit and loss account
12,012
27,820
Shareholders' funds
12,014
27,822
For the period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by
Andy Walling
Director
Company Registration No. 12655817
Moss Lane Park Limited
Notes to the Accounts
for the period from 1 July 2022 to 28 February 2023
Moss Lane Park Limited is a private company, limited by shares, registered in England and Wales, registration number 12655817. The registered office is HALLIDAYS FARM MOSS LANE, BILSBORROW, PRESTON, PR3 0RU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
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 accounts. 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 average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Moss Lane Park Limited
Notes to the Accounts
for the period from 1 July 2022 to 28 February 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
750
12,845
13,595
At 28 February 2023
-
12,845
12,845
Charge for the period
-
2,007
2,007
At 28 February 2023
-
2,810
2,810
At 28 February 2023
-
10,035
10,035
At 30 June 2022
694
12,042
12,736
Amounts falling due within one year
Other debtors
5,498
25,227
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
13,009
9,095
Other creditors
1,368
1,368
Loans from directors
131
189
7
Average number of employees
During the period the average number of employees was 2 (2022: 0).