Jollydays Luxury Camping Limited Filleted Accounts Cover |
Company No. 06792429 | |||||||||
Jollydays Luxury Camping Limited Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 January 2024. | |||||||||
Principal activities | |||||||||
Business Review | |||||||||
Jollydays Luxury Camping Limited (using trading names Jollydays Glamping, North Star Club, and The Dreamery Gardens) provides unique short stay tourist accommodation in the hospitality sector of “Glamping”. We currently have 2 camps, Jollydays Glamping, and North Star Club, both which now operate all year around. Across the 2 sites we have planning permission for 80 accommodation units and currently operate 16. We also have a small family tourist attraction adjacent to the Jollydays camp, The Dreamery Gardens (trading name changed on 1st February from Northwood trail) which is a trail in the woods and museum with focal points and artefacts around a fairy / elf fantastical creature historical narrative “that we are rediscovering”. This opened in June 2019. For the camps, 90% of sales are made “online” and guests either pay in full on booking or a deposit and the balance due 8 weeks before their arrival date. Thus “debtors” are booking confirmations where the “balances” are due after a deposit for the sale has been taken. “Creditors short term” on the balance sheet are made up of suppliers for camp operations, e.g., professional laundry services, logs, gas, and cleaning materials. We also operate with a couple of “resellers” who take commission on sales. Northwood Fairy trail sales for the last year are approximately 60% online for ticketed entry and 40% on site sales for food, drink and merchandise. Post covid slump in hospitality with the “cost of living crisis” continued to effect trading adversely. In 2023 sales were lower than the previous year. We mitigated this with cost cutting and the gross profit was slightly up. The overhead was also reduced which meant we halved the loss on the previous year. (we have returned to profit in 2024 – to end of August) The balance sheet decreased and is still over 500k. We continued to reduce debt, We are currently members of the following professional bodies, Federation of Small Business, Country Landowners Association, Green Tourism Business Scheme, Visit England, PASC (Professional Association of Self Caterers) and Visit York. Looking to the year ahead 2025, we expect to see a return to profit and the focus is on costs control and marketing to increase footfall. | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
C.J. Van Outersterp | |||||||||
C.R.K. Van Outersterp | |||||||||
J.B. Warburton | |||||||||
Signed on behalf of the board | |||||||||
C.R.K. Van Outersterp | |||||||||
Director | |||||||||
14 October 2024 |
Jollydays Luxury Camping Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 4 | |||||||||
Investments | 5 | |||||||||
Current assets | ||||||||||
Stocks | 6 | |||||||||
Debtors | 7 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 8 | ( | ( | |||||||
Net current liabilities | ( | ( | ||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 9 | ( | ( | |||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Revaluation reserve | 11 | |||||||||
Profit and loss account | 11 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 14 October 2024 and signed on its behalf by: | ||||||||||
C.R.K. Van Outersterp | ||||||||||
Director | ||||||||||
14 October 2024 |
Jollydays Luxury Camping Limited Notes to the Accounts Registrar |
for the year ended 31 January 2024 | ||||||||||||||
1 | General information | |||||||||||||
Jollydays Luxury Camping Limited is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 06792429 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • 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 economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Plant and machinery | ||||||||||||||
Motor vehicles | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | ||||||||||||||
Investments | ||||||||||||||
Stocks | ||||||||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Defined contribution pensions | ||||||||||||||
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. | ||||||||||||||
Provisions | ||||||||||||||
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||
3 | Employees | |||||||||||||
2024 | 2023 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Plant and machinery | Motor vehicles | Total | ||||||||||||
£ | £ | £ | ||||||||||||
Cost or revaluation | ||||||||||||||
At 1 February 2023 | ||||||||||||||
Additions | ||||||||||||||
Disposals | ( | ( | ||||||||||||
At 31 January 2024 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 February 2023 | ||||||||||||||
Charge for the year | ||||||||||||||
Disposals | ( | ( | ||||||||||||
At 31 January 2024 | ||||||||||||||
Net book values | ||||||||||||||
At 31 January 2024 | ||||||||||||||
At 31 January 2023 | 952,402 | 16,200 | ||||||||||||
5 | Investments | |||||||||||||
Other investments | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or valuation | ||||||||||||||
At 1 February 2023 | ||||||||||||||
Additions | ||||||||||||||
At 31 January 2024 | ||||||||||||||
Provisions/Impairment | ||||||||||||||
Net book values | ||||||||||||||
At 31 January 2024 | ||||||||||||||
At 31 January 2023 | ||||||||||||||
6 | Stocks | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Finished goods | ||||||||||||||
7 | Debtors | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Trade debtors | ||||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Other loans | ||||||||||||||
Obligations under finance lease and hire purchase contracts | ||||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
9 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Other loans | ||||||||||||||
Obligations under finance lease and hire purchase contracts | ||||||||||||||
10 | Share Capital | |||||||||||||
11250 Ordinary A Shares and 11250 Ordinary B Shares allocated, called up and fully paid. | ||||||||||||||
11 | Reserves | |||||||||||||
Revaluation Reserve | Total other reserves | |||||||||||||
£ | £ | |||||||||||||
At 1 February 2022 | ||||||||||||||
At 31 January 2023 and 1 February 2023 | ||||||||||||||
Movement on revaluation reserve | ||||||||||||||
At 31 January 2024 | ||||||||||||||