IRIS Accounts Production v24.1.4.33 08083861 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080838612023-05-31080838612024-05-31080838612023-06-012024-05-31080838612022-05-31080838612022-06-012023-05-31080838612023-05-3108083861ns15:EnglandWales2023-06-012024-05-3108083861ns14:PoundSterling2023-06-012024-05-3108083861ns10:Director12023-06-012024-05-3108083861ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108083861ns10:SmallEntities2023-06-012024-05-3108083861ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3108083861ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108083861ns10:FullAccounts2023-06-012024-05-310808386112023-06-012024-05-3108083861ns10:OrdinaryShareClass12023-06-012024-05-3108083861ns10:Director22023-06-012024-05-3108083861ns10:Director32023-06-012024-05-3108083861ns10:RegisteredOffice2023-06-012024-05-3108083861ns5:CurrentFinancialInstruments2024-05-3108083861ns5:CurrentFinancialInstruments2023-05-3108083861ns5:ShareCapital2024-05-3108083861ns5:ShareCapital2023-05-3108083861ns5:RetainedEarningsAccumulatedLosses2024-05-3108083861ns5:RetainedEarningsAccumulatedLosses2023-05-3108083861ns5:PatentsTrademarksLicencesConcessionsSimilar2023-06-012024-05-3108083861ns5:PlantMachinery2023-06-012024-05-3108083861ns5:FurnitureFittings2023-06-012024-05-3108083861ns5:MotorVehicles2023-06-012024-05-3108083861ns5:ComputerEquipment2023-06-012024-05-3108083861ns5:PatentsTrademarksLicencesConcessionsSimilar2024-05-3108083861ns5:LandBuildings2023-05-3108083861ns5:LeaseholdImprovements2023-05-3108083861ns5:PlantMachinery2023-05-3108083861ns5:LandBuildings2023-06-012024-05-3108083861ns5:LeaseholdImprovements2023-06-012024-05-3108083861ns5:LandBuildings2024-05-3108083861ns5:LeaseholdImprovements2024-05-3108083861ns5:PlantMachinery2024-05-3108083861ns5:LandBuildings2023-05-3108083861ns5:LeaseholdImprovements2023-05-3108083861ns5:PlantMachinery2023-05-3108083861ns5:FurnitureFittings2023-05-3108083861ns5:MotorVehicles2023-05-3108083861ns5:ComputerEquipment2023-05-3108083861ns5:FurnitureFittings2024-05-3108083861ns5:MotorVehicles2024-05-3108083861ns5:ComputerEquipment2024-05-3108083861ns5:FurnitureFittings2023-05-3108083861ns5:MotorVehicles2023-05-3108083861ns5:ComputerEquipment2023-05-3108083861ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3108083861ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3108083861ns5:AcceleratedTaxDepreciationDeferredTax2024-05-3108083861ns5:AcceleratedTaxDepreciationDeferredTax2023-05-3108083861ns5:DeferredTaxation2023-05-3108083861ns5:DeferredTaxation2024-05-3108083861ns10:OrdinaryShareClass12024-05-3108083861ns5:RetainedEarningsAccumulatedLosses2023-05-3108083861ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 08083861 (England and Wales)











Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 May 2024

for

New Forest Water Park Limited

New Forest Water Park Limited (Registered number: 08083861)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5

Report of the Accountants 10

New Forest Water Park Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: M A Jury
B Jury
Miss M Jury





REGISTERED OFFICE: 52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG





BUSINESS ADDRESS: New Forest Water Park
Hucklesbrook Lakes
Ringwood Road, North Gorley
Fordingbridge
Hampshire
SP6 2EY





REGISTERED NUMBER: 08083861 (England and Wales)





ACCOUNTANTS: Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG

New Forest Water Park Limited (Registered number: 08083861)

Report of the Directors
for the Year Ended 31 May 2024


The directors present their report with the financial statements of the company for the year ended 31 May 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of water sports park.

REVIEW OF BUSINESS
On 1st March 2024 the company joined the group New Forest Water Park Group Holdings Limited.

DIVIDENDS
An interim dividend of £300 per share was paid on 31 December 2023. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 May 2024 will be £ 30,000 .

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 June 2023 to the date of this report.

The beneficial interests of the directors holding office at 31 May 2024 in the shares of the company, according to the register of directors' interests, were as follows:

31.5.24 1.6.23
Ordinary shares of £1 each
M A Jury - 76
B Jury - 12
Miss M Jury - 12

These directors did not hold any non-beneficial interests in the shares of the company.

ON BEHALF OF THE BOARD:





M A Jury - Director


23 August 2024

New Forest Water Park Limited (Registered number: 08083861)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 28,000 -
Tangible assets 5 1,403,200 1,312,549
1,431,200 1,312,549

CURRENT ASSETS
Stocks 6 1,700 1,900
Debtors 7 222,752 184,191
Cash at bank and in hand 57,977 205,432
282,429 391,523
CREDITORS
Amounts falling due within one year 8 654,298 752,707
NET CURRENT LIABILITIES (371,869 ) (361,184 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,059,331

951,365

PROVISIONS FOR LIABILITIES 9 97,519 87,660
NET ASSETS 961,812 863,705

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 961,712 863,605
SHAREHOLDERS' FUNDS 961,812 863,705

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

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

New Forest Water Park Limited (Registered number: 08083861)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by:





M A Jury - Director


New Forest Water Park Limited (Registered number: 08083861)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

New Forest Water 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.

Fishing licence
The company acquired a fishing licence on 3rd July 2023 for £28,000. The licence is not time limited and no amortization provision is deemed necessary by the directors.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

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 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.

New Forest Water Park Limited (Registered number: 08083861)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
Additions 28,000
At 31 May 2024 28,000
NET BOOK VALUE
At 31 May 2024 28,000

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 June 2023 533,713 311,056 878,561
Additions - 162,503 17,226
At 31 May 2024 533,713 473,559 895,787
DEPRECIATION
At 1 June 2023 - - 428,683
Charge for year - - 85,223
At 31 May 2024 - - 513,906
NET BOOK VALUE
At 31 May 2024 533,713 473,559 381,881
At 31 May 2023 533,713 311,056 449,878

New Forest Water Park Limited (Registered number: 08083861)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 21,824 3,458 36,958 1,785,570
Additions - - - 179,729
At 31 May 2024 21,824 3,458 36,958 1,965,299
DEPRECIATION
At 1 June 2023 15,007 2,888 26,443 473,021
Charge for year 1,672 112 2,071 89,078
At 31 May 2024 16,679 3,000 28,514 562,099
NET BOOK VALUE
At 31 May 2024 5,145 458 8,444 1,403,200
At 31 May 2023 6,817 570 10,515 1,312,549

Included in cost of land and buildings is freehold land of £ 533,713 (2023 - £ 533,713 ) which is not depreciated.

6. STOCKS
31.5.24 31.5.23
£    £   
Stocks 1,700 1,900

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 120,000
Other debtors 37,677 766
JFICO 133,275 39,732
VAT - 3,693
Prepayments and accrued income 51,800 20,000
222,752 184,191

New Forest Water Park Limited (Registered number: 08083861)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 39,359 42,689
Other creditors 20,278 10,925
Amounts owed to group undertakings 447,745 -
Tax 70,445 1,080
Social security and other taxes 1,187 1,146
VAT 65,405 -
New Forest Aqua Park Ltd - 680,469
Directors' current accounts 4,879 11,398
Accrued expenses 5,000 5,000
654,298 752,707

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 97,519 87,660

Deferred
tax
£   
Balance at 1 June 2023 87,660
Accelerated capital allowances 9,859
Balance at 31 May 2024 97,519

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary £1 100 100

On 1st March 2024 the company joined CGA Group Holdings Limited.

11. RESERVES
Retained
earnings
£   

At 1 June 2023 863,605
Profit for the year 128,107
Dividends (30,000 )
At 31 May 2024 961,712

New Forest Water Park Limited (Registered number: 08083861)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


12. ULTIMATE CONTROLLING PARTY

The controlling party is New Forest Water Park GroupHoldings Limited.

The ultimate controlling party is M A Jury.

New Forest Water Park Limited

Report of the Accountants to the Directors of
New Forest Water Park Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG


31 August 2024