IRIS Accounts Production v24.2.0.383 01019419 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010194192023-03-31010194192024-03-31010194192023-04-012024-03-31010194192021-12-31010194192022-01-012023-03-31010194192023-03-3101019419ns15:EnglandWales2023-04-012024-03-3101019419ns14:PoundSterling2023-04-012024-03-3101019419ns10:Director12023-04-012024-03-3101019419ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101019419ns10:SmallEntities2023-04-012024-03-3101019419ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3101019419ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3101019419ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101019419ns10:FullAccounts2023-04-012024-03-3101019419ns10:Director22023-04-012024-03-3101019419ns10:RegisteredOffice2023-04-012024-03-3101019419ns5:CurrentFinancialInstruments2024-03-3101019419ns5:CurrentFinancialInstruments2023-03-3101019419ns5:ShareCapital2024-03-3101019419ns5:ShareCapital2023-03-3101019419ns5:SharePremium2024-03-3101019419ns5:SharePremium2023-03-3101019419ns5:RevaluationReserve2024-03-3101019419ns5:RevaluationReserve2023-03-3101019419ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3101019419ns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3101019419ns5:RetainedEarningsAccumulatedLosses2024-03-3101019419ns5:RetainedEarningsAccumulatedLosses2023-03-3101019419ns5:LandBuildings2023-03-3101019419ns5:PlantMachinery2023-03-3101019419ns5:LandBuildings2023-04-012024-03-3101019419ns5:PlantMachinery2023-04-012024-03-3101019419ns5:LandBuildings2024-03-3101019419ns5:PlantMachinery2024-03-3101019419ns5:LandBuildings2023-03-3101019419ns5:PlantMachinery2023-03-3101019419ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3101019419ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101019419ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: 01019419 (England and Wales)












CARR ROYD PARKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CARR ROYD PARKS LIMITED (REGISTERED NUMBER: 01019419)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARR ROYD PARKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







Directors: Mr P Hanley
Mr J Hanley





Registered office: Dalton House
9 Dalton Square
LANCASTER
LA1 1WD





Business address: Sunset Park
Sower Carr Lane
Hambleton
POULTON-LE-FYLDE
FY6 9EQ





Registered number: 01019419 (England and Wales)





Accountants: Xeinadin
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

CARR ROYD PARKS LIMITED (REGISTERED NUMBER: 01019419)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 5,285,808 5,389,560

Current assets
Stocks 630,599 1,177,724
Debtors 5 4,966,306 5,196,350
Cash at bank and in hand 150,709 253,910
5,747,614 6,627,984
Creditors
Amounts falling due within one year 6 2,825,873 4,190,190
Net current assets 2,921,741 2,437,794
Total assets less current liabilities 8,207,549 7,827,354

Provisions for liabilities (599,012 ) (619,820 )

Accruals and deferred income (787,103 ) (404,009 )
Net assets 6,821,434 6,803,525

Capital and reserves
Called up share capital 32,000 32,000
Share premium 4,500 4,500
Revaluation reserve 8 3,238,946 3,238,946
Other reserves 37,173 37,173
Retained earnings 3,508,815 3,490,906
6,821,434 6,803,525

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

CARR ROYD PARKS LIMITED (REGISTERED NUMBER: 01019419)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mr P Hanley - Director


CARR ROYD PARKS LIMITED (REGISTERED NUMBER: 01019419)

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


1. Statutory information

Carr Royd Parks 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable, for goods and services provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes.

Turnover is recognised at a point in time when a performance obligation is satisfied by transferring a good or service to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 Statement of Income and Retained Earnings, 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.

CARR ROYD PARKS LIMITED (REGISTERED NUMBER: 01019419)

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


2. Accounting policies - continued

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.

3. Employees and directors

The average number of employees during the year was 12 (2023 - 12 ) .

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost or valuation
At 1 April 2023 5,115,138 1,242,071 6,357,209
Additions 10,000 13,084 23,084
At 31 March 2024 5,125,138 1,255,155 6,380,293
Depreciation
At 1 April 2023 11,638 956,011 967,649
Charge for year 11,838 114,998 126,836
At 31 March 2024 23,476 1,071,009 1,094,485
Net book value
At 31 March 2024 5,101,662 184,146 5,285,808
At 31 March 2023 5,103,500 286,060 5,389,560

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2018 2,859,773 - 2,859,773
Cost 2,265,365 1,255,155 3,520,520
5,125,138 1,255,155 6,380,293

If freehold land and buildings had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,265,365 2,243,727
Aggregate depreciation 23,476 11,638

Freehold land and buildings were valued on an open market basis on 4 October 2018 by the purchaser .

CARR ROYD PARKS LIMITED (REGISTERED NUMBER: 01019419)

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


5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 1,954,803 2,864,715
Amounts owed by group undertakings 1,175,707 1,296,918
Other debtors 1,835,796 1,034,717
4,966,306 5,196,350

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 2,609,943 3,874,929
Taxation and social security 198,188 301,575
Other creditors 17,742 13,686
2,825,873 4,190,190

7. Secured debts

There are fixed and floating charges over the land and property owned by Carr Royd Parks Limited. These relate to a loan included in the parent company Sunset Park Limited and loans included in Shard Riverside Lodge Limited and Lytham Edge Lodge Resort Limited. John and Patrick Hanley directors and shareholders in all of these companies

8. Reserves
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 3,238,946

9. Ultimate controlling party

The controlling party is Sunset Park Limited.