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REGISTERED NUMBER: 06642127 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

TOCKETTS MILL LEISURE LIMITED

TOCKETTS MILL LEISURE LIMITED (REGISTERED NUMBER: 06642127)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TOCKETTS MILL LEISURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: D R Allison
K Hague





SECRETARY: K Hague





REGISTERED OFFICE: Marton Hall
Church Lane
Sewerby
Bridlington
East Yorkshire
YO15 1DS





REGISTERED NUMBER: 06642127 (England and Wales)






TOCKETTS MILL LEISURE LIMITED (REGISTERED NUMBER: 06642127)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 6,377,967 5,538,802

CREDITORS
Amounts falling due within one year 5 1,155,650 1,155,650
NET CURRENT LIABILITIES (1,155,650 ) (1,155,650 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,222,317

4,383,152

CAPITAL AND RESERVES
Called up share capital 6 100 100
Fixed asset investment revaluation reserve 5,222,217 4,383,052
SHAREHOLDERS' FUNDS 5,222,317 4,383,152

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

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

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 Board of Directors and authorised for issue on 20 May 2024 and were signed on its behalf by:





D R Allison - Director


TOCKETTS MILL LEISURE LIMITED (REGISTERED NUMBER: 06642127)

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

1. STATUTORY INFORMATION

Tocketts Mill Leisure 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern
The financial statements have been prepared on the going concern basis of accounting, which assumes that the company is able to continue operating as a going concern.

Having considered all relevant factors, the board are of the opinion that the going concern basis of accounting remains appropriate.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Fixed asset investments
Fixed assets investments are valued on a net assets basis, duly updated to reflect current independent park valuations which the directors consider to be fair value.

3. EMPLOYEES AND DIRECTORS

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

TOCKETTS MILL LEISURE LIMITED (REGISTERED NUMBER: 06642127)

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 5,538,802
Revaluations 839,165
At 31 December 2023 6,377,967
NET BOOK VALUE
At 31 December 2023 6,377,967
At 31 December 2022 5,538,802

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2014 1,942,264
Valuation in 2015 (28,975 )
Valuation in 2016 260,134
Valuation in 2017 164,920
Valuation in 2018 28,017
Valuation in 2019 611,003
Valuation in 2020 13,898
Valuation in 2021 575,828
Valuation in 2022 815,963
Valuation in 2023 839,165
Cost 1,155,750
6,377,967

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 1,155,750 1,155,750

Fixed asset investments were valued on a fair value basis on 31 December 2023 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to group undertakings 1,154,297 1,154,352
Other creditors 1,353 1,298
1,155,650 1,155,650

TOCKETTS MILL LEISURE LIMITED (REGISTERED NUMBER: 06642127)

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

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

7. CONTINGENT LIABILITIES

The company has given a cross guarantee to the company's bankers in respect of the subsidiary company, Tocketts Mill Limited. In the opinion of the directors the likelihood of any liability arising under this agreement is remote.