Company Registration No. 10462062 (England and Wales)
Everard Lodge Caravan Park Limited
Unaudited accounts
for the year ended 30 November 2023
Everard Lodge Caravan Park Limited
Unaudited accounts
Contents
Everard Lodge Caravan Park Limited
Company Information
for the year ended 30 November 2023
Company Number
10462062 (England and Wales)
Registered Office
Bluebells
Lowick Green
Ulverston
Cumbria
LA12 8ER
England
Accountants
EHA Accountancy Ltd
2 Lower Brook Street
Ulverston
Cumbria
LA12 7EE
Everard Lodge Caravan Park Limited
Statement of financial position
as at 30 November 2023
Tangible assets
33,331
18,727
Cash at bank and in hand
5,105
19,527
Creditors: amounts falling due within one year
(8,687)
(910)
Net current (liabilities)/assets
(2,980)
21,083
Total assets less current liabilities
30,351
39,810
Provisions for liabilities
Deferred tax
(2,668)
(3,558)
Called up share capital
100
100
Profit and loss account
27,583
36,152
Shareholders' funds
27,683
36,252
For the year ending 30 November 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 director acknowledges her 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 and authorised for issue on 1 February 2024 and were signed on its behalf by
Alison Ellwood
Director
Company Registration No. 10462062
Everard Lodge Caravan Park Limited
Notes to the Accounts
for the year ended 30 November 2023
Everard Lodge Caravan Park Limited is a private company, limited by shares, registered in England and Wales, registration number 10462062. The registered office is Bluebells, Lowick Green, Ulverston, Cumbria, LA12 8ER, 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 year, 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 rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% reducing balance
Computer equipment
33% straight line
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.
Everard Lodge Caravan Park Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
-
24,546
422
24,968
Additions
19,286
-
-
19,286
At 30 November 2023
19,286
24,546
422
44,254
At 1 December 2022
-
6,136
105
6,241
Charge for the year
-
4,603
79
4,682
At 30 November 2023
-
10,739
184
10,923
At 30 November 2023
19,286
13,807
238
33,331
At 30 November 2022
-
18,410
317
18,727
Amounts falling due within one year
Accrued income and prepayments
602
569
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,971
-
Loans from directors
3,797
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
1,897
-
1,897
-
No interest has been charged on this balance.
Everard Lodge Caravan Park Limited
Notes to the Accounts
for the year ended 30 November 2023
8
Transactions with related parties
The company owed the director £3,797 at the end of the year, in the previous year the director owed the company £1,897 and this was included in other debtors.
Dividends have been paid to the director of £20,000 (2022: £40,000).
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).