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Company Registration No. 09914491 (England and Wales)
Spreyer Holiday Parks Ltd Unaudited accounts for the year ended 28 February 2023
Spreyer Holiday Parks Ltd Unaudited accounts Contents
Page
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Spreyer Holiday Parks Ltd Company Information for the year ended 28 February 2023
Directors
Mr D M Spreyer Mr D J Spreyer
Company Number
09914491 (England and Wales)
Registered Office
24 Halden Field Rolvenden Cranbrook Kent TN17 4BX England
Accountants
Southern Accounting Limited 24 Halden Field Rolvenden Cranbrook Kent TN17 4BX
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Spreyer Holiday Parks Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
441,589 
359,098 
Current assets
Inventories
281,424 
176,502 
Debtors
691,207 
993,651 
Cash at bank and in hand
672,480 
329,182 
1,645,111 
1,499,335 
Creditors: amounts falling due within one year
(1,672,300)
(1,549,218)
Net current liabilities
(27,189)
(49,883)
Total assets less current liabilities
414,400 
309,215 
Creditors: amounts falling due after more than one year
(38,733)
(44,305)
Provisions for liabilities
Deferred tax
(67,019)
(51,575)
Net assets
308,648 
213,335 
Capital and reserves
Called up share capital
99 
99 
Share premium
93 
93 
Profit and loss account
308,456 
213,143 
Shareholders' funds
308,648 
213,335 
For the year 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 29 November 2023 and were signed on its behalf by
Mr D J Spreyer Director Company Registration No. 09914491
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Spreyer Holiday Parks Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Spreyer Holiday Parks Ltd is a private company, limited by shares, registered in England and Wales, registration number 09914491. The registered office is 24 Halden Field, Rolvenden, Cranbrook, Kent, TN17 4BX, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Land & buildings
Not Depreciated
Plant & machinery
25% Reducing Balance
Motor vehicles
Reducing Balance Over 5 Years
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
Other tangible fixed assets
Straight Line Over Useful Economic Life
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Spreyer Holiday Parks Ltd Notes to the Accounts for the year ended 28 February 2023
Financial instruments
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.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
86,758 
333,891 
4,800 
6,125 
431,574 
Additions
2,100 
80,213 
24,500 
1,070 
107,883 
At 28 February 2023
88,858 
414,104 
29,300 
7,195 
539,457 
Depreciation
At 1 March 2022
- 
66,508 
2,434 
3,534 
72,476 
Charge for the year
- 
23,231 
1,303 
858 
25,392 
At 28 February 2023
- 
89,739 
3,737 
4,392 
97,868 
Net book value
At 28 February 2023
88,858 
324,365 
25,563 
2,803 
441,589 
At 28 February 2022
86,758 
267,383 
2,366 
2,591 
359,098 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
16,636 
Trade debtors
99,590 
212,153 
Amounts due from group undertakings etc.
583,314 
740,803 
Accrued income and prepayments
8,303 
24,059 
691,207 
993,651 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,571 
5,437 
VAT
30,899 
- 
Trade creditors
113,775 
64,346 
Taxes and social security
58,832 
115,857 
Other creditors
307,984 
312,481 
Loans from directors
40,197 
40,677 
Accruals
21,177 
31,689 
Deferred income
1,093,865 
978,731 
1,672,300 
1,549,218 
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Spreyer Holiday Parks Ltd Notes to the Accounts for the year ended 28 February 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
38,733 
44,305 
Aggregate of amounts that fall due for payment after five years
14,994 
21,141 
8
Transactions with related parties
The company has an outstanding loan of £296,986 (2022: £298,813) owed to Spreyer Brothers Ltd, a company under the common control of directors. The loan is interest free and repayable on demand. During the year the company paid an invoice on behalf of Spreyer Brothers Management Ltd, a company under the common control of directors. The amount owed to the company, as at the balance sheet date, is £622.
9
Controlling party
Spreyer Brothers Leisure Limited 24 Halden Field, Rolvenden, Cranbrook, Kent. TN17 4BX
10
Average number of employees
During the year the average number of employees was 18 (2022: 15).
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