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Registered number: 13539761
FOREST VIEW HOLIDAY PARK LIMITED
ABRIDGED Financial Statements
For The Year Ended 31 August 2023
John A. Porter & Co.
74 Dickenson Road
Rusholme
Manchester
M14 5HF
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13539761
31 August 2023 31 August 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,018,906 768,270
1,018,906 768,270
CURRENT ASSETS
Stocks 137,678 -
Debtors 29,420 13,973
Cash at bank and in hand 28,174 31,081
195,272 45,054
Creditors: Amounts Falling Due Within One Year (1,254,347 ) (821,797 )
NET CURRENT ASSETS (LIABILITIES) (1,059,075 ) (776,743 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,169 ) (8,473 )
NET LIABILITIES (40,169 ) (8,473 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (40,269 ) (8,573 )
SHAREHOLDERS' FUNDS (40,169) (8,473)
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For the year ending 31 August 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2023 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board of directors on 30 August 2024 and were signed on its behalf by:
Mr Steven Clapperton
Director
30 August 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
FOREST VIEW HOLIDAY PARK LIMITED is a private company, limited by shares, incorporated in England & Wales.
The registered number is 13539761 .
The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.
No dividends have been paid and none are proposed.
Transactions Seven Springs Limited which is an associated company being wholly owned by the parent company, The Luxury Lodge Group Limited are reported in the notes to the accounts.
There are no related party transactions other than those reported in Note 12.
There are no contingent liabilities or other post balance sheet events to report.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The Company (being a wholly owned subsidiary) is exempt from the requirement to prepare group accounts (small company exemption). The parent company, The Luxury Lodge Group Limited was incorporated in Great Britain.
2.2. Turnover
Turnover will represent net invoiced sales of holiday accommodation, together with pitch and other site fees receivable, excluding Value Added Tax (VAT). Trading in the construction and sale of holiday accommodation started in the year, but the site is not yet operational.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation.
Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.
Freehold - see below
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
No depreciation is provided in the year of acquisition.
Freehold Holiday Lodge Property
The freehold park site and subsequent development work including integral features is valued at cost. It is envisaged that once the development work is complete then the holiday park will be valued at  open market value. The surplus or deficit arising from the  revaluation at each year or period end date will then be dealt with through profit and loss account. No depreciation is provided in the period of development.
2.4. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in Progress has been valued at prime cost of labour and other direct expenses.
2.5. Accounting Reference Date
The accounting reference date is 31 August.
These accounts are for the year ended 31 August 2023.
2.6. Comparative Figures
The comparative figures used throughout these accounts are as at 31 August 2022 or are for the 57 week period starting on 30 July 2021, this being the date of incorporation, and ending on 31 August 2022.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, who are employed under a contract of service during the year was as follows: NIL (2022: NIL)
- -
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4. Tangible Assets
Total
£
Cost or Valuation
As at 1 September 2022 768,270
Additions 250,636
As at 31 August 2023 1,018,906
Net Book Value
As at 31 August 2023 1,018,906
As at 1 September 2022 768,270
5. Share Capital
31 August 2023 31 August 2022
Allotted, called up and fully paid £ £
100 Ordinary A shares of £ 1.00 each 100 100
6. Related Party Transactions
Transactions with Associated Company
Seven Springs Limited is an associated company being wholly owned by the parent company, The Luxury Lodge Group Limited.
Monies loaned by Seven Springs Limited as at 31 August 2023 totalled £167,600 (2022 £90,000).
The loan is interest free.
7. Ultimate Controlling Party
The Company was controlled by The Luxury Lodge Group Ltd who held all 100 £1 A Ordinary shares throughout the year.
8. Parent Company
The Company is a wholly owned subsidiary of The Luxury Lodge Group Limited.
The director, Mr Steven Clapperton owns 2 25p Ordinary Shares in The Luxury Lodge Group Limited representing 50% of the issued share capital, with the director Mr Richard Cross and his wife Mrs Maria Cross each holding 1 25p Ordinary Share which together represents the other 50% of the issued share capital.
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