Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-292023-12-29true2022-12-24false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13679883 2022-12-24 2023-12-29 13679883 2021-10-14 2022-12-23 13679883 2023-12-29 13679883 2022-12-23 13679883 c:Director1 2022-12-24 2023-12-29 13679883 d:Buildings 2022-12-24 2023-12-29 13679883 d:Buildings 2023-12-29 13679883 d:Buildings 2022-12-23 13679883 d:Buildings d:LeasedAssetsHeldAsLessee 2022-12-24 2023-12-29 13679883 d:PlantMachinery 2022-12-24 2023-12-29 13679883 d:PlantMachinery 2023-12-29 13679883 d:PlantMachinery 2022-12-23 13679883 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-12-24 2023-12-29 13679883 d:LeasedAssetsHeldAsLessee 2022-12-24 2023-12-29 13679883 d:ComputerSoftware 2023-12-29 13679883 d:ComputerSoftware 2022-12-23 13679883 d:CurrentFinancialInstruments 2023-12-29 13679883 d:CurrentFinancialInstruments 2022-12-23 13679883 d:Non-currentFinancialInstruments 2023-12-29 13679883 d:Non-currentFinancialInstruments 2022-12-23 13679883 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-29 13679883 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-23 13679883 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-29 13679883 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-23 13679883 d:ShareCapital 2023-12-29 13679883 d:ShareCapital 2022-12-23 13679883 d:RetainedEarningsAccumulatedLosses 2023-12-29 13679883 d:RetainedEarningsAccumulatedLosses 2022-12-23 13679883 d:AcceleratedTaxDepreciationDeferredTax 2023-12-29 13679883 d:AcceleratedTaxDepreciationDeferredTax 2022-12-23 13679883 c:OrdinaryShareClass1 2022-12-24 2023-12-29 13679883 c:OrdinaryShareClass1 2023-12-29 13679883 c:OrdinaryShareClass1 2022-12-23 13679883 c:FRS102 2022-12-24 2023-12-29 13679883 c:AuditExempt-NoAccountantsReport 2022-12-24 2023-12-29 13679883 c:FullAccounts 2022-12-24 2023-12-29 13679883 c:PrivateLimitedCompanyLtd 2022-12-24 2023-12-29 13679883 d:HirePurchaseContracts d:WithinOneYear 2023-12-29 13679883 d:HirePurchaseContracts d:WithinOneYear 2022-12-23 13679883 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-29 13679883 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-12-23 13679883 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2022-12-24 2023-12-29 13679883 2 2022-12-24 2023-12-29 13679883 d:ComputerSoftware d:OwnedIntangibleAssets 2022-12-24 2023-12-29 13679883 e:PoundSterling 2022-12-24 2023-12-29 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 13679883









NOAH'S RETREAT LACEBY LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 29 DECEMBER 2023

 
NOAH'S RETREAT LACEBY LIMITED
REGISTERED NUMBER: 13679883

BALANCE SHEET
AS AT 29 DECEMBER 2023

29 December
23 December
2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
4,203
-

Tangible assets
 5 
1,490,386
1,329,664

  
1,494,589
1,329,664

Current assets
  

Stocks
 6 
964,690
305,109

Debtors: amounts falling due within one year
 7 
46,489
18,934

Cash at bank and in hand
  
7,112
6,514

  
1,018,291
330,557

Creditors: amounts falling due within one year
 8 
(2,498,196)
(1,671,651)

Net current liabilities
  
 
 
(1,479,905)
 
 
(1,341,094)

Total assets less current liabilities
  
14,684
(11,430)

Creditors: amounts falling due after more than one year
 9 
(3,690)
-

Provisions for liabilities
  

Deferred tax
  
(1,742)
-

  
 
 
(1,742)
 
 
-

Net assets/(liabilities)
  
9,252
(11,430)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
9,152
(11,530)

  
9,252
(11,430)

Page 1

 
NOAH'S RETREAT LACEBY LIMITED
REGISTERED NUMBER: 13679883

BALANCE SHEET (CONTINUED)
AS AT 29 DECEMBER 2023

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 period 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 by: 






................................................
Mr C Whyte
Director

Date: 30 October 2024

The notes on pages 3 to 10 form part of these financial statements.
Page 2

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

1.


General information

Noah's Retreat Laceby Limited is a private Company limited by shares incorporated in England and Wales within the United Kingdom.
The principal activity of the Company is that of a holiday centre and village.

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 Company's functional and presentational currency is Pounds Sterling.
The level of rounding is to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Director has considered the going concern basis in preparing these financial statements.
The Director has concluded that the going concern basis is appropriate because of continued group
support and because sufficient funds will be generated from future trading for a period of at least
twelve months from the date of the approval of these financial statements to enable the company to
meet its liabilities as they arise.
The financial statements do not include any adjustments that would result from the withdrawal of
this support.
 
2.3

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:

Rental Income
Rental income is recognised on an accruals basis in the period to which it relates. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the period comprises corporation 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 corporation 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.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

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.

Depreciation is provided on the following basis:

Freehold property
-
not depreciated
Plant and machinery
-
25%
reducing balance

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.

No depreciation has been provided on freehold property as the property is maintained in such a state of repair that its residual value is at least equal to its net book value. As a result the corresponding depreciation would not be material, and therefore is not charged to the Statement of Comprehensive Income.

 
2.9

Stock and work in progress

Stock and work in progress is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. 

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.11

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.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. 
Page 5

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

2.Accounting policies (continued)

 
2.13

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objectives evidence of impairment is found an impairment loss is recognised in the Statement of Comprehensive Income.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1). 


4.


Intangible assets






Website

£



Cost


Additions
4,450



At 29 December 2023

4,450



Amortisation


Charge for the period on owned assets
247



At 29 December 2023

247



Net book value



At 29 December 2023
4,203



At 23 December 2022
-



Page 6

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

5.


Tangible fixed assets







Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 24 December 2022
1,329,664
-
1,329,664


Additions
153,755
8,800
162,555



At 29 December 2023

1,483,419
8,800
1,492,219



Depreciation


Charge for the period on financed assets
-
1,833
1,833



At 29 December 2023

-
1,833
1,833



Net book value



At 29 December 2023
1,483,419
6,967
1,490,386



At 23 December 2022
1,329,664
-
1,329,664


6.


Stocks

29 December
23 December
2023
2022
£
£

Work in progress
964,690
305,109

964,690
305,109


Page 7

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

7.


Debtors

29 December
23 December
2023
2022
£
£


Trade debtors
1,620
-

Amounts owed by group undertakings
13,809
-

Other debtors
27,846
17,566

Prepayments and accrued income
3,214
1,368

46,489
18,934



8.


Creditors: Amounts falling due within one year

29 December
23 December
2023
2022
£
£

Other loans
60,000
-

Trade creditors
45,249
14,187

Amounts owed to group undertakings
2,313,647
1,654,964

Corporation tax
1,692
-

Other taxation and social security
9,216
-

Obligations under finance lease and hire purchase contracts
2,892
-

Other creditors
55,000
-

Accruals and deferred income
10,500
2,500

2,498,196
1,671,651



9.


Creditors: Amounts falling due after more than one year

29 December
23 December
2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
3,690
-


Page 8

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

29 December
23 December
2023
2022
£
£


Within one year
2,891
-

Between 1-5 years
3,690
-

6,581
-

Details of security provided:
The loan is secured over the asset to which it relates. 


11.


Deferred taxation






2023


£






Charged to profit or loss
(1,742)



At end of year
(1,742)

The deferred taxation balance is made up as follows:

29 December
23 December
2023
2022
£
£


Accelerated capital allowances
(1,742)
-

(1,742)
-


12.


Share capital

29 December
23 December
2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


Page 9

 
NOAH'S RETREAT LACEBY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2023

13.


Related party transactions

During the period the Company entered into intercompany loans with companies under common control and the parent company. The balance owed to group companies at 29 December 2023 is £2,299,838 (2022 - £1,654,964) and is shown within debtors and creditors. The balance is interest free and repayable on demand.
During the period the Company received loans from close relatives of the director. The balances owing at 29 December 2023 amount to £85,000 and are shown within creditors. The balances are interest free and repayable on demand. 


14.


Controlling party

The Immediate Parent is Otium Parks Limited by the way of its 100% shareholding in the Company. 
The Ultimate Controlling Party is Mr Chek Whyte by the way of his 100% shareholding in Otium Parks Limited. 


Page 10