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REGISTERED NUMBER: 12108347 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Gwendreath Holiday Park Limited

Gwendreath Holiday Park Limited (Registered number: 12108347)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Gwendreath Holiday Park Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N Albone
Mrs T Albone





REGISTERED OFFICE: Gwendreath Farm Holiday Park
Ruan Minor
Helston
Cornwall
TR12 7LZ





REGISTERED NUMBER: 12108347 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Gwendreath Holiday Park Limited (Registered number: 12108347)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 172,102 215,832

CURRENT ASSETS
Stocks 93,520 23,897
Debtors 6 30,403 19,391
Cash at bank 311,840 457,058
435,763 500,346
CREDITORS
Amounts falling due within one year 7 (182,270 ) (108,547 )
NET CURRENT ASSETS 253,493 391,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,595

607,631

CREDITORS
Amounts falling due after more than one
year

8

(71,089

)

(191,117

)

PROVISIONS FOR LIABILITIES (36,725 ) (39,536 )
NET ASSETS 317,781 376,978

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 317,681 376,878
SHAREHOLDERS' FUNDS 317,781 376,978

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

Gwendreath Holiday Park Limited (Registered number: 12108347)

Statement of Financial Position - continued
31 December 2023



The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:





N Albone - Director


Gwendreath Holiday Park Limited (Registered number: 12108347)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Gwendreath Holiday 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance, 15% on reducing balance and 4% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

Gwendreath Holiday Park Limited (Registered number: 12108347)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 184,922 76,565 34,321 13,957 309,765
Additions - 2,087 - - 2,087
Disposals - (12,504 ) - - (12,504 )
At 31 December 2023 184,922 66,148 34,321 13,957 299,348
DEPRECIATION
At 1 January 2023 46,717 41,143 1,881 4,192 93,933
Charge for year 18,493 6,285 8,110 3,906 36,794
Eliminated on disposal - (3,481 ) - - (3,481 )
At 31 December 2023 65,210 43,947 9,991 8,098 127,246
NET BOOK VALUE
At 31 December 2023 119,712 22,201 24,330 5,859 172,102
At 31 December 2022 138,205 35,422 32,440 9,765 215,832

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 12,658 18,160
Other debtors 16,328 -
Prepayments 1,417 1,231
30,403 19,391

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 12,409 31,830
VAT 6,604 8,062
Other creditors 161,363 66,612
Accrued expenses 1,894 2,043
182,270 108,547

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Directors' loan accounts 71,089 191,117

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Gwendreath Holiday Park Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gwendreath Holiday Park Limited for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Gwendreath Holiday Park Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gwendreath Holiday Park Limited and state those matters that we have agreed to state to the Board of Directors of Gwendreath Holiday Park Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gwendreath Holiday Park Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Gwendreath Holiday Park Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gwendreath Holiday Park Limited. You consider that Gwendreath Holiday Park Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gwendreath Holiday Park Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


29 February 2024