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REGISTERED NUMBER: 05754084 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ST MARGARET'S HOLIDAY PARK LIMITED

ST MARGARET'S HOLIDAY PARK LIMITED (REGISTERED NUMBER: 05754084)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ST MARGARET'S HOLIDAY PARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: A C Mynard





SECRETARY: C C Mynard





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 05754084 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

ST MARGARET'S HOLIDAY PARK LIMITED (REGISTERED NUMBER: 05754084)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,088 2,331
Tangible assets 5 1,260,353 48,768
1,262,441 51,099

CURRENT ASSETS
Debtors 6 3,559 76,104
Cash at bank and in hand 48,977 75,517
52,536 151,621
CREDITORS
Amounts falling due within one year 7 76,710 46,254
NET CURRENT (LIABILITIES)/ASSETS (24,174 ) 105,367
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,238,267

156,466

CREDITORS
Amounts falling due after more than
one year

8

(1,097,819

)

-

PROVISIONS FOR LIABILITIES (6,779 ) (2,047 )
NET ASSETS 133,669 154,419

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 133,668 154,418
133,669 154,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ST MARGARET'S HOLIDAY PARK LIMITED (REGISTERED NUMBER: 05754084)

BALANCE SHEET - continued
31 JANUARY 2024


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 by the director and authorised for issue on 22 August 2024 and were signed by:





A C Mynard - Director


ST MARGARET'S HOLIDAY PARK LIMITED (REGISTERED NUMBER: 05754084)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

St Margaret's 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.

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on cost

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.

Going concern
The company has cash resources and has no requirement for external funding. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis appropriate in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

ST MARGARET'S HOLIDAY PARK LIMITED (REGISTERED NUMBER: 05754084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023
and 31 January 2024 2,432
AMORTISATION
At 1 February 2023 101
Charge for year 243
At 31 January 2024 344
NET BOOK VALUE
At 31 January 2024 2,088
At 31 January 2023 2,331

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 32,663 146,089 178,752
Additions 1,054,912 172,231 1,227,143
At 31 January 2024 1,087,575 318,320 1,405,895
DEPRECIATION
At 1 February 2023 - 129,984 129,984
Charge for year 6,299 9,259 15,558
At 31 January 2024 6,299 139,243 145,542
NET BOOK VALUE
At 31 January 2024 1,081,276 179,077 1,260,353
At 31 January 2023 32,663 16,105 48,768

On 1 November 2023, fixed assets with a market value of £1,181,900 were transferred from Mynards Limited into St Margaret's Holiday Park Limited.

ST MARGARET'S HOLIDAY PARK LIMITED (REGISTERED NUMBER: 05754084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 74,409
Other debtors 3,559 1,695
3,559 76,104

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,207 6,559
Amounts owed to group undertakings 5,000 -
Taxation and social security 4,113 4,603
Other creditors 57,390 35,092
76,710 46,254

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 1,097,819 -

9. TAXATION

2024 2023
£ £
Corporation tax (2,375 ) 2,375
Deferred tax movement 4,732 (195 )
Group relief (610 ) -
Adjustment to prior period 8 -
1,755 2,180


10. ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking is Mynards Limited, a company incorporated in England and Wales. Mynards Limited is not controlled by one particular individual.