Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31Campsite2023-04-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08642813 2023-04-01 2024-03-31 08642813 2022-04-01 2023-03-31 08642813 2024-03-31 08642813 2023-03-31 08642813 c:Director1 2023-04-01 2024-03-31 08642813 d:PlantMachinery 2023-04-01 2024-03-31 08642813 d:PlantMachinery 2024-03-31 08642813 d:PlantMachinery 2023-03-31 08642813 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08642813 d:CurrentFinancialInstruments 2024-03-31 08642813 d:CurrentFinancialInstruments 2023-03-31 08642813 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08642813 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08642813 d:ShareCapital 2024-03-31 08642813 d:ShareCapital 2023-03-31 08642813 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 08642813 d:RetainedEarningsAccumulatedLosses 2024-03-31 08642813 d:RetainedEarningsAccumulatedLosses 2023-03-31 08642813 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 08642813 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 08642813 c:OrdinaryShareClass1 2023-04-01 2024-03-31 08642813 c:OrdinaryShareClass1 2024-03-31 08642813 c:OrdinaryShareClass1 2023-03-31 08642813 c:FRS102 2023-04-01 2024-03-31 08642813 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08642813 c:FullAccounts 2023-04-01 2024-03-31 08642813 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08642813 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08642813










TYDDYN DU (BONTDDU) CAMPSITE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
REGISTERED NUMBER:08642813

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
24,191
16,013

  
24,191
16,013

Current assets
  

Debtors: amounts falling due within one year
 6 
47,475
20,000

Cash at bank and in hand
 7 
38,615
20,386

  
86,090
40,386

Creditors: amounts falling due within one year
 8 
(94,458)
(51,561)

Net current liabilities
  
 
 
(8,368)
 
 
(11,175)

Total assets less current liabilities
  
15,823
4,838

Provisions for liabilities
  

Deferred tax
 9 
(4,596)
(4,004)

  
 
 
(4,596)
 
 
(4,004)

Net assets
  
11,227
834


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
 11 
11,127
734

  
11,227
834


Page 1

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
REGISTERED NUMBER:08642813
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2024.




G I Lloyd
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Tyddyn Du (Bontddu) Campsite Limited, 08642813, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Tyddyn Du, Bontddu, Dolgellau, LL40 2UA.
The Company's principal activity is that of campsite operation.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 4

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model 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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

2024
2023
£
£

Wages and salaries
13,049
13,074

13,049
13,074


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 6

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2023
46,471


Disposals
13,596



At 31 March 2024

60,067



Depreciation


At 1 April 2023
30,458


Charge for the year on owned assets
5,418



At 31 March 2024

35,876



Net book value



At 31 March 2024
24,191



At 31 March 2023
16,013


6.


Debtors

2024
2023
£
£


Prepayments and accrued income
47,475
20,000

47,475
20,000



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
38,615
20,386

38,615
20,386


Page 7

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
5,350
4,860

Other taxation and social security
2,505
588

Other creditors
81,497
44,625

Accruals and deferred income
5,106
1,488

94,458
51,561



9.


Deferred taxation




2024


£






At beginning of year
4,004


Charged to profit or loss
592



At end of year
4,596

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
4,596
4,004

4,596
4,004

Page 8

 
TYDDYN DU (BONTDDU) CAMPSITE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



11.


Reserves

Profit and loss account

The profit and loss account represents the accumulated profits of the Company since incorporation less distributions made to shareholders.

 
Page 9