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REGISTERED NUMBER: 02627628 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

SUNNYVALE HOLIDAY PARK LIMITED

SUNNYVALE HOLIDAY PARK LIMITED (REGISTERED NUMBER: 02627628)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SUNNYVALE HOLIDAY PARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: Mr D A Deakin
Mrs E Deakin
Mr D G A Deakin
Mr E S Deakin
Mr E J Deakin
Mrs A Studt



SECRETARY: Mrs E Deakin



REGISTERED OFFICE: Sunnyvale Holiday Park
Valley Road
Saundersfoot
Pembrokeshire
SA69 9BP



REGISTERED NUMBER: 02627628 (England and Wales)



ACCOUNTANTS: R Pau & Co Limited
Chartered Certified Accountants
12-16 Station Street East
Coventry
West Midlands
CV6 5FJ



BANKERS: HSBC Bank Plc
41 High Street
Haverfordwest
Pembrokeshire
SA61 2BU

SUNNYVALE HOLIDAY PARK LIMITED (REGISTERED NUMBER: 02627628)

ABRIDGED BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 1 1
Tangible assets 4 6,281,677 6,325,600
6,281,678 6,325,601

CURRENT ASSETS
Stocks 3,057,378 2,062,441
Debtors 5 5,303,695 6,035,771
Cash at bank and in hand 372,581 213,632
8,733,654 8,311,844
CREDITORS
Amounts falling due within one year 3,706,751 4,819,783
NET CURRENT ASSETS 5,026,903 3,492,061
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,308,581

9,817,662

CREDITORS
Amounts falling due after more than one
year

(454,807

)

(599,080

)

PROVISIONS FOR LIABILITIES (115,783 ) (73,474 )
NET ASSETS 10,737,991 9,145,108

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 190,309 190,309
Revaluation reserve 2,314,003 2,314,003
Retained earnings 8,233,579 6,640,696
SHAREHOLDERS' FUNDS 10,737,991 9,145,108

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

SUNNYVALE HOLIDAY PARK LIMITED (REGISTERED NUMBER: 02627628)

ABRIDGED BALANCE SHEET - continued
31ST DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th August 2024 and were signed on its behalf by:





Mr D A Deakin - Director


SUNNYVALE HOLIDAY PARK LIMITED (REGISTERED NUMBER: 02627628)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. 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 represents net income from site fees and other associated income, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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% on cost
Fixtures and equipment - 10% on cost
Motor vehicles - 25% on reducing balance
Hire fleet - 10% 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 Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

SUNNYVALE HOLIDAY PARK LIMITED (REGISTERED NUMBER: 02627628)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 22 ) .

3. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023
and 31st December 2023 1
NET BOOK VALUE

At 31st December 2023 1
At 31st December 2022 1

SUNNYVALE HOLIDAY PARK LIMITED (REGISTERED NUMBER: 02627628)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023 8,261,514
Additions 96,990
Disposals (40,233 )
At 31st December 2023 8,318,271
DEPRECIATION
At 1st January 2023 1,935,914
Charge for year 126,827
Eliminated on disposal (26,147 )
At 31st December 2023 2,036,594
NET BOOK VALUE
At 31st December 2023 6,281,677
At 31st December 2022 6,325,600

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed by group undertakings 3,193,920 2,894,659