Registered number: 05163896 | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
Prepared By: | ||||||||
Forbes Watson Limited | ||||||||
Accountants | ||||||||
The Old Bakery | ||||||||
Green Street | ||||||||
Lytham | ||||||||
Lancashire | ||||||||
FY8 5LG |
Clifton Park Leisure Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Melvyn Douglas Lord | ||||||||
REGISTERED OFFICE | ||||||||
Lancashire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05163896 | ||||||||
ACCOUNTANTS | ||||||||
Forbes Watson Limited | ||||||||
Accountants | ||||||||
The Old Bakery | ||||||||
Green Street | ||||||||
Lytham | ||||||||
Lancashire | ||||||||
FY8 5LG |
Clifton Park Leisure Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/06/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Clifton Park Leisure Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 7 | ( | ||||||||
Cash at bank and in hand | ||||||||||
250,554 | 188,493 | |||||||||
CREDITORS: Amounts falling due within one year | 8 | |||||||||
NET CURRENT ASSETS | 61,868 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 10 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 11 | |||||||||
Capital redemption reserve | 12 | ( | ( | |||||||
Profit and loss account | 704,623 | 679,947 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Clifton Park Leisure Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Long Leasehold Properties | reducing balance 15% | |||||||
Fixtures and Fittings | reducing balance 15% | |||||||
Motor Cars | reducing balance 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1e. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1f. Goodwill | ||||||||
Clifton Park Leisure Ltd | ||||||||
1g. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/07/2022 | 150,000 | 150,000 | ||
At 30/06/2023 | 150,000 | 150,000 | ||
Depreciation | ||||
At 01/07/2022 | 135,000 | 135,000 | ||
For the year | 7,500 | 7,500 | ||
At 30/06/2023 | 142,500 | 142,500 | ||
Net Book Amounts | ||||
At 30/06/2023 | ||||
At 30/06/2022 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||
Long Leasehold | Fixtures | |||||||
Properties | and Fittings | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/07/2022 | 357,186 | 469,392 | 92,129 | 918,707 | ||||
Additions | - | 8,818 | - | 8,818 | ||||
At 30/06/2023 | 357,186 | 478,210 | 92,129 | 927,525 | ||||
Depreciation | ||||||||
At 01/07/2022 | 234,260 | 296,442 | 49,756 | 580,458 | ||||
For the year | 18,439 | 27,265 | 10,594 | 56,298 | ||||
At 30/06/2023 | 252,699 | 323,707 | 60,350 | 636,756 | ||||
Net Book Amounts | ||||||||
At 30/06/2023 | 104,487 | 290,769 | ||||||
At 30/06/2022 | 122,926 | 338,249 | ||||||
Clifton Park Leisure Ltd | ||||||||
4. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/07/2022 | 100,000 | 100,000 | |||||||
At 30/06/2023 | 100,000 | 100,000 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30/06/2023 | 100,000 | 100,000 | |||||||
At 30/06/2022 | 100,000 | 100,000 | |||||||
5. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/07/2022 | 120,000 | 120,000 | ||
At 30/06/2023 | 120,000 | 120,000 | ||
6. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
7. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | (72) | - | ||||||
Other debtors | - | 3,000 | ||||||
(72) | 3,000 | |||||||
Clifton Park Leisure Ltd | ||||||||
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 24,783 | 39,818 | ||||||
VAT | 19,990 | 29,138 | ||||||
PAYE control | 4,699 | 4,675 | ||||||
Salaries and wages control | 750 | 860 | ||||||
Directors current account | 479 | 537 | ||||||
Trade creditors | 43,132 | 41,513 | ||||||
Other creditors | 11,753 | 10,084 | ||||||
Accruals | 3,000 | - | ||||||
108,586 | 126,625 | |||||||
9. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 24 | |||||
10. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Pensions | 1,039 | 595 | ||||||
1,039 | 595 | |||||||
11. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
90 | 90 | |||||||
90 | 90 | |||||||
Clifton Park Leisure Ltd | ||||||||
12. OTHER RESERVES | 2023 | 2022 | ||||
£ | £ | |||||
Capital redemption reserve | (45,515) | (45,515) | ||||
(45,515) | (45,515) | |||||