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REGISTERED NUMBER: OC309069 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2023 TO 31 MARCH 2024

FOR

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC309069)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP

GENERAL INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: R L Lucas-Rowe
Mrs L C Lucas-Rowe
Mrs M L Greenman
E H Lucas-Rowe
H A Lucas-Rowe
J G H Lucas-Rowe
R M L Lucas-Rowe





REGISTERED OFFICE: Elson Geaves
Forest Links Road
Ferndown
Dorset
BH22 9PH





REGISTERED NUMBER: OC309069 (England and Wales)





ACCOUNTANTS: Elson Geaves Accountants
Chartered Certified Accountants
Elson Geaves
Forest Links Road
Ferndown
Dorset
BH22 9PH

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC309069)

BALANCE SHEET
31 MARCH 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,891,498 1,935,095

CURRENT ASSETS
Stocks - 21,607
Debtors 5 24,603 7,563
Cash at bank and in hand 9,761 319,238
34,364 348,408
CREDITORS
Amounts falling due within one year 6 102,389 107,517
NET CURRENT (LIABILITIES)/ASSETS (68,025 ) 240,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,823,473

2,175,986

CREDITORS
Amounts falling due after more than one
year

7

903,499

911,249
NET ASSETS ATTRIBUTABLE TO
MEMBERS

919,974

1,264,737

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC309069)

BALANCE SHEET - continued
31 MARCH 2024

2024 2022
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

209,834

784,597

MEMBERS' OTHER INTERESTS
Revaluation reserve 8 710,140 480,140
919,974 1,264,737

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 209,834 784,597
Members' other interests 710,140 480,140
919,974 1,264,737

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 October 2024 and were signed by:





R L Lucas-Rowe - Designated member

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC309069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Wonderland Park Limited Liability Partnership is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 34 (2022 - 43 ) .

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC309069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 1,600,000 1,248,607 2,848,607
Additions - 15,458 15,458
Disposals - (1,066,404 ) (1,066,404 )
Revaluations 230,000 - 230,000
At 31 March 2024 1,830,000 197,661 2,027,661
DEPRECIATION
At 1 January 2023 - 913,512 913,512
Charge for period - 26,778 26,778
Eliminated on disposal - (804,127 ) (804,127 )
At 31 March 2024 - 136,163 136,163
NET BOOK VALUE
At 31 March 2024 1,830,000 61,498 1,891,498
At 31 December 2022 1,600,000 335,095 1,935,095

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2010 1,600,000 - 1,600,000
Valuation in 2024 230,000 - 230,000
Cost - 197,661 197,661
1,830,000 197,661 2,027,661

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 24,603 1,203
Other debtors - 6,360
24,603 7,563

WONDERLAND PARK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC309069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Bank loans and overdrafts 26,832 -
Hire purchase contracts 5,859 7,030
Trade creditors 8,526 30,559
Taxation and social security 7,463 16,050
Other creditors 53,709 53,878
102,389 107,517

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2022
£    £   
Bank loans 903,499 903,658
Hire purchase contracts - 7,591
903,499 911,249

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 903,499 903,658

8. RESERVES
Revaluation
reserve
£   
At 1 January 2023 480,140
Increase in Reserve 230,000
At 31 March 2024 710,140