Bigbury Camping Ltd 12710582 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is recreational vehicle parks, trailer parks and camping grounds. Digita Accounts Production Advanced 6.30.9574.0 true 12710582 2023-04-01 2024-03-31 12710582 2024-03-31 12710582 core:RetainedEarningsAccumulatedLosses 2024-03-31 12710582 core:ShareCapital 2024-03-31 12710582 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12710582 bus:SmallEntities 2023-04-01 2024-03-31 12710582 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12710582 bus:FullAccounts 2023-04-01 2024-03-31 12710582 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12710582 bus:RegisteredOffice 2023-04-01 2024-03-31 12710582 bus:Director1 2023-04-01 2024-03-31 12710582 bus:Director1 1 2023-04-01 2024-03-31 12710582 bus:Director2 2023-04-01 2024-03-31 12710582 bus:Director2 2 2023-04-01 2024-03-31 12710582 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12710582 core:FurnitureFittings 2023-04-01 2024-03-31 12710582 core:OtherRelatedParties 2023-04-01 2024-03-31 12710582 countries:EnglandWales 2023-04-01 2024-03-31 12710582 2023-03-31 12710582 2022-04-01 2023-03-31 12710582 2023-03-31 12710582 core:RetainedEarningsAccumulatedLosses 2023-03-31 12710582 core:ShareCapital 2023-03-31 12710582 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 12710582

Bigbury Camping Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2024

 

Bigbury Camping Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 4

 

Bigbury Camping Ltd

(Registration number: 12710582)
Abridged Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

148,110

136,596

Current assets

 

Debtors

23,208

23,398

Cash at bank and in hand

 

4,224

13,081

 

27,432

36,479

Creditors: Amounts falling due within one year

(110,282)

(89,484)

Net current liabilities

 

(82,850)

(53,005)

Total assets less current liabilities

 

65,260

83,591

Provisions for liabilities

(10,689)

(10,872)

Net assets

 

54,571

72,719

Capital and reserves

 

Called up share capital

102

102

Profit and loss account

54,469

72,617

Total equity

 

54,571

72,719

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 17 August 2024 and signed on its behalf by:
 

Mrs C Case
Director

Mr G Case
Director

 
     
 

Bigbury Camping Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lower Willings Farm
Bigbury
Kingsbridge
Devon
TQ7 4AP

These financial statements were authorised for issue by the Board on 17 August 2024.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

 

Bigbury Camping Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024


Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 2).

4

Tangible assets

Total
£

Cost or valuation

At 1 April 2023

141,836

Additions

13,510

At 31 March 2024

155,346

Depreciation

At 1 April 2023

5,240

Charge for the year

1,996

At 31 March 2024

7,236

Carrying amount

At 31 March 2024

148,110

At 31 March 2023

136,596

5

Related party transactions

Advances to directors


Mrs C Case

During the period Mrs C Case went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £30,516 (2023 - £11,344). At the year end the amount outstanding from Mrs C Case was £7,614 (2023 - £). Interest has been charged at the commercial rate.


Mr G Case

During the period Mr G Case went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £30,516 (2023 - £11,344). At the year end the amount outstanding from Mr G Case was £7,614 (2023 - £). Interest has been charged at the commercial rate.

 

Bigbury Camping Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Summary of transactions with other related parties

Included within other creditors is an interest free loan of £95,175 which has been provided to a company, in which a director is a director and shareholder, and is repayable on demand.