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REGISTERED NUMBER: 03205651 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ORLETON RISE PARK LIMITED

ORLETON RISE PARK LIMITED (REGISTERED NUMBER: 03205651)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ORLETON RISE PARK LIMITED

COMPANY INFORMATION
for the Year Ended 28 FEBRUARY 2023







DIRECTORS: Mr G S Williams
Mrs D Williams





REGISTERED OFFICE: 61 Queen Square
Bristol
United Kingdom
BS1 4JZ





REGISTERED NUMBER: 03205651 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

ORLETON RISE PARK LIMITED (REGISTERED NUMBER: 03205651)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,474,644 2,482,305

CURRENT ASSETS
Stocks 336,139 97,276
Debtors 5 1,578,469 1,424,847
Cash at bank and in hand 1,379,150 1,456,778
3,293,758 2,978,901
CREDITORS
Amounts falling due within one year 6 1,108,043 1,237,737
NET CURRENT ASSETS 2,185,715 1,741,164
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,660,359

4,223,469

CREDITORS
Amounts falling due after more than
one year

7

(120,833

)

(173,557

)

PROVISIONS FOR LIABILITIES (63,648 ) (24,841 )
NET ASSETS 4,475,878 4,025,071

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,475,876 4,025,069
4,475,878 4,025,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

ORLETON RISE PARK LIMITED (REGISTERED NUMBER: 03205651)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 2023


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.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:




Mr G S Williams - Director



Mrs D Williams - Director


ORLETON RISE PARK LIMITED (REGISTERED NUMBER: 03205651)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023

1. STATUTORY INFORMATION

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

Freehold Property 2% Straight Line
Plant and Machinery20% Straight Line
Motor Vehicles25% Straight Line
Furniture and Fittings15% Straight Line

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.

ORLETON RISE PARK LIMITED (REGISTERED NUMBER: 03205651)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2022 2,265,358 640,502 6,688 84,784 2,997,332
Additions - 96,632 - 20,410 117,042
Disposals - (16,792 ) - (1,200 ) (17,992 )
At 28 February 2023 2,265,358 720,342 6,688 103,994 3,096,382
DEPRECIATION
At 1 March 2022 - 441,036 6,122 67,869 515,027
Charge for year 45,307 64,914 468 7,018 117,707
Eliminated on disposal - (10,771 ) - (225 ) (10,996 )
At 28 February 2023 45,307 495,179 6,590 74,662 621,738
NET BOOK VALUE
At 28 February 2023 2,220,051 225,163 98 29,332 2,474,644
At 28 February 2022 2,265,358 199,466 566 16,915 2,482,305

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,108 55,504
Amounts owed by group undertakings 1,456,916 1,298,075
Other debtors 103,445 71,268
1,578,469 1,424,847

ORLETON RISE PARK LIMITED (REGISTERED NUMBER: 03205651)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 50,000 151,241
Trade creditors 390,355 371,413
Taxation and social security 115,848 107,971
Other creditors 551,840 607,112
1,108,043 1,237,737

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 120,833 173,557

8. RELATED PARTY DISCLOSURES

During the year the company entered into arm's length transactions relating to costs recharged for administrative expenditure and stock to Trelay Leisure Park Limited, a company under common control. The balance owed from Trelay Leisure Park Limited to the company amounted to £604,077 (2022: £603,286) and can be found within other debtors under trade and other receivables.

During the year the company entered into transactions on a arm's length basis for administrative expenditure with Riverside Bar & Eatery Limited, a company connected by the directors by way of parent and son relationship. At the year end amounts owed to the company from Riverside Bar & Eatery Limited amounted to £1,109 (2022: £14,927) and are recorded within trade receivables due within one year.

During the year the company entered into arm's length transactions relating to costs recharged for administrative expenditure and stock to Unwind Leisure Limited, a company under common control. The balance owed from Unwind Leisure Limited to the company amounted to £852,839 (2022: £694,789) and can be found within the other debtors under trade and other receivables.