IRIS Accounts Production v23.3.1.45 03614990 director 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036149902022-07-31036149902023-07-31036149902022-08-012023-07-31036149902021-07-31036149902021-08-012022-07-31036149902022-07-3103614990ns10:Originalns15:EnglandWales2022-08-012023-07-3103614990ns14:PoundSterlingns10:Original2022-08-012023-07-3103614990ns10:Originalns10:Director12022-08-012023-07-3103614990ns10:Original2022-08-012023-07-3103614990ns10:Original2023-07-3103614990ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3103614990ns10:Originalns10:SmallEntities2022-08-012023-07-3103614990ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3103614990ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3103614990ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3103614990ns10:Originalns10:FullAccounts2022-08-012023-07-3103614990ns10:CompanySecretary1ns10:Original2022-08-012023-07-3103614990ns10:Originalns10:RegisteredOffice2022-08-012023-07-3103614990ns10:Original2022-07-3103614990ns10:Originalns5:CurrentFinancialInstruments2023-07-3103614990ns10:Originalns5:CurrentFinancialInstruments2022-07-3103614990ns10:Originalns5:Non-currentFinancialInstruments2023-07-3103614990ns10:Originalns5:Non-currentFinancialInstruments2022-07-3103614990ns5:ShareCapitalns10:Original2023-07-3103614990ns5:ShareCapitalns10:Original2022-07-3103614990ns10:Originalns5:RevaluationReserve2023-07-3103614990ns10:Originalns5:RevaluationReserve2022-07-3103614990ns10:Originalns5:CapitalRedemptionReserve2023-07-3103614990ns10:Originalns5:CapitalRedemptionReserve2022-07-3103614990ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3103614990ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3103614990ns10:Original2021-08-012022-07-3103614990ns10:Originalns5:LandBuildings2022-07-3103614990ns10:Originalns5:PlantMachinery2022-07-3103614990ns10:Originalns5:FurnitureFittings2022-07-3103614990ns10:Original2022-07-3103614990ns10:Originalns5:LandBuildings2022-08-012023-07-3103614990ns10:Originalns5:PlantMachinery2022-08-012023-07-3103614990ns10:Originalns5:FurnitureFittings2022-08-012023-07-3103614990ns10:Originalns5:LandBuildings2023-07-3103614990ns10:Originalns5:PlantMachinery2023-07-3103614990ns10:Originalns5:FurnitureFittings2023-07-3103614990ns10:Originalns5:LandBuildings2022-07-3103614990ns10:Originalns5:PlantMachinery2022-07-3103614990ns10:Originalns5:FurnitureFittings2022-07-3103614990ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3103614990ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3103614990ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-07-3103614990ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-07-31
REGISTERED NUMBER: 03614990 (England and Wales)















KINGSFORD CARAVAN PARK LIMITED

Unaudited Financial Statements for the Year Ended 31 July 2023






KINGSFORD CARAVAN PARK LIMITED (REGISTERED NUMBER: 03614990)






Contents of the Financial Statements
for the year ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


KINGSFORD CARAVAN PARK LIMITED

Company Information
for the year ended 31 July 2023







Director: Mrs I M Loveridge





Secretary: Mrs I M Loveridge





Registered office: The Bungalow Riverside Caravan Park
Dowles Road
Bewdley
Worcestershire
DY12 2RE





Registered number: 03614990 (England and Wales)





Accountants: Haines Watts South East LLP
5-6 Greenfield Crescent
Edgbaston
Birmingham
West Midlands
B15 3BE

KINGSFORD CARAVAN PARK LIMITED (REGISTERED NUMBER: 03614990)

Balance Sheet
31 July 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,400,814 1,401,522

Current assets
Debtors 5 6,749,470 3,750,427
Cash at bank 263,994 2,820,130
7,013,464 6,570,557
Creditors
Amounts falling due within one year 6 1,282,638 1,132,752
Net current assets 5,730,826 5,437,805
Total assets less current liabilities 7,131,640 6,839,327

Creditors
Amounts falling due after more than one
year

7

(1,476,973

)

(1,555,170

)

Provisions for liabilities (405 ) (540 )
Net assets 5,654,262 5,283,617

Capital and reserves
Called up share capital 77 77
Revaluation reserve 725,000 725,000
Capital redemption reserve 23 23
Retained earnings 4,929,162 4,558,517
Shareholders' funds 5,654,262 5,283,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2023 and were signed by:



Mrs I M Loveridge - Director


KINGSFORD CARAVAN PARK LIMITED (REGISTERED NUMBER: 03614990)

Notes to the Financial Statements
for the year ended 31 July 2023

1. Statutory information

Kingsford 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
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings -Not depreciated
Plant and machinery-25% reducing balance
Fixtures and fittings-25% reducing balance

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

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Employees and directors

The average number of employees during the year was 3 (2022 - 2 ) .

KINGSFORD CARAVAN PARK LIMITED (REGISTERED NUMBER: 03614990)

Notes to the Financial Statements - continued
for the year ended 31 July 2023

4. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings Totals
£ £ £ £
Cost
At 1 August 2022
and 31 July 2023 1,398,679 27,950 29,697 1,456,326
Depreciation
At 1 August 2022 - 26,098 28,706 54,804
Charge for year - 463 245 708
At 31 July 2023 - 26,561 28,951 55,512
Net book value
At 31 July 2023 1,398,679 1,389 746 1,400,814
At 31 July 2022 1,398,679 1,852 991 1,401,522

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 5,500 -
Amounts owed by connected companies 3,546,730 3,546,730
Directors' loan accounts 3,193,968 199,186
Prepayments 3,272 4,511
6,749,470 3,750,427

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 78,579 78,579
Trade creditors 48,548 16,000
Corporation tax 106,503 78,735
Wages control account - 2,000
VAT 22,835 27,939
Other creditors 116,047 116,047
Amounts due to connected companies 752,432 631,435
Accruals and deferred income 157,694 182,017
1,282,638 1,132,752

7. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 1,476,973 1,555,170