IRIS Accounts Production v24.1.9.2 03589095 Board of Directors 1.12.22 30.11.23 30.11.23 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035890952022-11-30035890952023-11-30035890952022-12-012023-11-30035890952021-11-30035890952021-12-012022-11-30035890952022-11-3003589095ns16:EnglandWales2022-12-012023-11-3003589095ns15:PoundSterling2022-12-012023-11-3003589095ns11:Director12022-12-012023-11-3003589095ns11:PrivateLimitedCompanyLtd2022-12-012023-11-3003589095ns11:SmallEntities2022-12-012023-11-3003589095ns11:AuditExempt-NoAccountantsReport2022-12-012023-11-3003589095ns11:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3003589095ns11:SmallCompaniesRegimeForAccounts2022-12-012023-11-3003589095ns11:FullAccounts2022-12-012023-11-300358909512022-12-012023-11-3003589095ns11:Director22022-12-012023-11-3003589095ns11:Director32022-12-012023-11-3003589095ns11:CompanySecretary12022-12-012023-11-3003589095ns11:RegisteredOffice2022-12-012023-11-3003589095ns6:CurrentFinancialInstruments2023-11-3003589095ns6:CurrentFinancialInstruments2022-11-3003589095ns6:ShareCapital2023-11-3003589095ns6:ShareCapital2022-11-3003589095ns6:RetainedEarningsAccumulatedLosses2023-11-3003589095ns6:RetainedEarningsAccumulatedLosses2022-11-3003589095ns6:NetGoodwill2022-12-012023-11-3003589095ns6:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3003589095ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-12-012023-11-3003589095ns6:PlantMachinery2022-12-012023-11-3003589095ns6:MotorVehicles2022-12-012023-11-3003589095ns6:NetGoodwill2022-11-3003589095ns6:NetGoodwill2023-11-3003589095ns6:NetGoodwill2022-11-3003589095ns6:LandBuildings2022-11-3003589095ns6:ShortLeaseholdAssetsns6:LandBuildings2022-11-3003589095ns6:PlantMachinery2022-11-3003589095ns6:MotorVehicles2022-11-3003589095ns6:LandBuildings2022-12-012023-11-3003589095ns6:ShortLeaseholdAssetsns6:LandBuildings2022-12-012023-11-3003589095ns6:LandBuildings2023-11-3003589095ns6:ShortLeaseholdAssetsns6:LandBuildings2023-11-3003589095ns6:PlantMachinery2023-11-3003589095ns6:MotorVehicles2023-11-3003589095ns6:LandBuildings2022-11-3003589095ns6:ShortLeaseholdAssetsns6:LandBuildings2022-11-3003589095ns6:PlantMachinery2022-11-3003589095ns6:MotorVehicles2022-11-3003589095ns6:WithinOneYearns6:CurrentFinancialInstruments2023-11-3003589095ns6:WithinOneYearns6:CurrentFinancialInstruments2022-11-3003589095ns6:Non-currentFinancialInstruments2023-11-3003589095ns6:Non-currentFinancialInstruments2022-11-30
REGISTERED NUMBER: 03589095 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Willowbank Holiday Park Limited

Willowbank Holiday Park Limited (Registered number: 03589095)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Willowbank Holiday Park Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: R H Darling
Mrs J A Darling
R S Darling





SECRETARY: Mrs J A Darling





REGISTERED OFFICE: Ash House
Catterick Bridge
Richmond
NORTH YORKSHIRE





REGISTERED NUMBER: 03589095 (England and Wales)





ACCOUNTANTS: Yorkshire Accountants Ripon
Eva Lett House
1 South Crescent
Ripon
North Yorkshire
HG4 1SN

Willowbank Holiday Park Limited (Registered number: 03589095)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 100,000
Tangible assets 5 2,650,305 2,671,781
2,650,305 2,771,781

CURRENT ASSETS
Stocks 243,367 5,000
Debtors 6 235,731 199,650
Cash at bank 321,906 395,249
801,004 599,899
CREDITORS
Amounts falling due within one year 7 288,638 250,236
NET CURRENT ASSETS 512,366 349,663
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,162,671

3,121,444

PROVISIONS FOR LIABILITIES 6,198 3,737
NET ASSETS 3,156,473 3,117,707

CAPITAL AND RESERVES
Called up share capital 500,000 500,000
Retained earnings 2,656,473 2,617,707
SHAREHOLDERS' FUNDS 3,156,473 3,117,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Willowbank Holiday Park Limited (Registered number: 03589095)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





R H Darling - Director


Willowbank Holiday Park Limited (Registered number: 03589095)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Willowbank 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. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty 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
Plant and Machinery - 15% on reducing balance
Motor Vehicles - 25% on reducing balance

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.

Willowbank Holiday Park Limited (Registered number: 03589095)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 11 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 2,000,000
AMORTISATION
At 1 December 2022 1,900,000
Charge for year 100,000
At 30 November 2023 2,000,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 100,000


5. TANGIBLE FIXED ASSETS
Freehold Wardens Plant and Motor
Property Accommodation Machinery Vehicles Totals
£    £    £    £    £   
COST
At 1 December 2022
and 30 November 2023 2,777,942 22,382 217,372 109,449 3,127,145
DEPRECIATION
At 1 December 2022 187,352 3,917 175,769 88,326 455,364
Charge for year 9,956 - 6,240 5,280 21,476
At 30 November 2023 197,308 3,917 182,009 93,606 476,840
NET BOOK VALUE
At 30 November 2023 2,580,634 18,465 35,363 15,843 2,650,305
At 30 November 2022 2,590,590 18,465 41,603 21,123 2,671,781

Included in cost of land and buildings is freehold land of £ 2,101,777 (2022 - £ 2,101,777 ) which is not depreciated.


6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade Debtors 25,303 33,684
Prepayments and Accrued Income 10,428 15,966
35,731 49,650

Willowbank Holiday Park Limited (Registered number: 03589095)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. DEBTORS - continued
2023 2022
£    £   
Amounts falling due after more than one year:
Other debtors 200,000 150,000

Aggregate amounts 235,731 199,650

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade Creditors 109,089 20,459
Taxation 42,765 44,100
Other Taxes and PAYE 1,522 11,607
Accruals and Deferred Income 108,159 113,347
Directors' current accounts 27,103 60,723
288,638 250,236

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the Darling family being the directors RH, JA and RS Darling.