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REGISTERED NUMBER: 09476694 (England and Wales)













BRIGHTON WONDERLAND LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)






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


BRIGHTON WONDERLAND LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D E Martin





REGISTERED OFFICE: 27 Old Gloucester Street
London
WC1N 3AX





REGISTERED NUMBER: 09476694 (England and Wales)





ACCOUNTANTS: SJF Accounting & Tax Ltd t/a SJF Accountants
Chartered Certified Accountants
Rothsay House
5 South Street
East Hoathly
East Sussex
BN8 6DS

BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,311 37,142
Investments 5 1 1
3,312 37,143

CURRENT ASSETS
Debtors 6 86,021 51,242
Cash at bank 4,559 24,049
90,580 75,291
CREDITORS
Amounts falling due within one year 7 56,643 63,730
NET CURRENT ASSETS 33,937 11,561
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,249

48,704

CREDITORS
Amounts falling due after more than one
year

8

(25,573

)

(30,515

)

PROVISIONS FOR LIABILITIES (362 ) (1,836 )
NET ASSETS 11,314 16,353

CAPITAL AND RESERVES
Called up share capital 9 1 1
Fair value reserve 10 - 7,486
Retained earnings 11,313 8,866
SHAREHOLDERS' FUNDS 11,314 16,353

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 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.

BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





D E Martin - Director


BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)

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

1. STATUTORY INFORMATION

Brighton Wonderland Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Monetary amounts in these financial statements are rounded to the nearest £.

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 fair value of the consideration received or receivable net of VAT and discounts. Revenue from the hire of property is recognised when the property is provided. Any deposits received for advanced bookings is deferred until the date the hire of the property is provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

Tangible fixed assets under the cost model, other then freehold property, are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Revaluation
Individual freehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the Balance sheet date.

Fair values are determined from market based evidence and where necessary will be undertaken by professional qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loan from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.


Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through the profit and loss account if the shares are publicly traded or their fair value can be otherwise measured reliability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 35,000 6,191 41,191
Additions - 2,391 2,391
Disposals (35,000 ) - (35,000 )
At 31 March 2024 - 8,582 8,582
DEPRECIATION
At 1 April 2023 - 4,049 4,049
Charge for year - 1,222 1,222
At 31 March 2024 - 5,271 5,271
NET BOOK VALUE
At 31 March 2024 - 3,311 3,311
At 31 March 2023 35,000 2,142 37,142


5. FIXED ASSET INVESTMENTS

Brighton Wonderland Ltd owns 1% of the unlisted ordinary A shares in Pavilion Property Management Limited. The investment is shown at the cost of £1.


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,238 -
Other debtors 84,783 51,242
86,021 51,242

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,900 2,600
Trade creditors 7,610 -
Barclaycard 167 34
Tax 3,876 10,769
Accruals and deferred income 40,090 50,327
56,643 63,730

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans after one year 25,573 30,515

BRIGHTON WONDERLAND LTD (REGISTERED NUMBER: 09476694)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023 7,486
Fair Value Reserve (7,486 )

At 31 March 2024 -

The fair value reserve is not distributable

11. RELATED PARTY DISCLOSURES

During the year Brighton Wonderland Ltd made a loan to a company in which the director has a controlling interest. The loan balance at 31st March 2024 was £83,470 (2023 £49,600). The loan is repayable on demand and is interest free.