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REGISTERED NUMBER: 09414810 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

ASHFIELD STATIC & TOURING PARK LIMITED

ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASHFIELD STATIC & TOURING PARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Stuart Noel Bulmer
Sally Marie Bulmer





REGISTERED OFFICE: Lawrence House
James Nicolson Link
Clifton Moor
YORK
North Yorkshire
YO30 4WG





REGISTERED NUMBER: 09414810 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
Lawrence House
James Nicolson Link
Clifton Moor
York
North Yorkshire
YO30 4WG

ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 400,095 418,368

CURRENT ASSETS
Stocks 129,553 145,008
Debtors 5 407,452 148,491
Cash at bank 74 39,088
537,079 332,587
CREDITORS
Amounts falling due within one year 6 491,198 400,269
NET CURRENT ASSETS/(LIABILITIES) 45,881 (67,682 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,976

350,686

CREDITORS
Amounts falling due after more than
one year

7

(13,098

)

(23,290

)

PROVISIONS FOR LIABILITIES (32,475 ) (37,043 )
NET ASSETS 400,403 290,353

CAPITAL AND RESERVES
Called up share capital 102 102
Profit and loss account 400,301 290,251
400,403 290,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)

BALANCE SHEET - continued
29 FEBRUARY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





Stuart Noel Bulmer - Director


ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Ashfield Static & Touring Park Limited 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.

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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the amount invoiced for the sale of caravans and the rental of caravan pitches and amenities, excluding value added.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer Equipment - 33% 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.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

INCOME RECOGNITION
Income is recognised when received allowing for the spread of the income over the full letting season.

FINANCE COST OF DEBT
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 270,194 281,254 26,250 7,817 585,515
Additions - - 8,000 - 8,000
At 29 February 2024 270,194 281,254 34,250 7,817 593,515
DEPRECIATION
At 1 March 2023 - 148,226 12,033 6,888 167,147
Charge for year - 19,957 5,555 761 26,273
At 29 February 2024 - 168,183 17,588 7,649 193,420
NET BOOK VALUE
At 29 February 2024 270,194 113,071 16,662 168 400,095
At 28 February 2023 270,194 133,028 14,217 929 418,368

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,513 1,453
Amounts owed by related party - 47,619
Other debtors 51 -
Directors' current accounts 389,888 99,419
407,452 148,491

ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 78,520 9,936
Trade creditors 5,849 7,647
Tax 43,699 51,459
VAT 27,256 12,446
Other creditors 238 -
Amounts owed to related party 672 -
Other creditors 589 39
Accruals and deferred income 334,375 318,742
491,198 400,269

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,098 23,290

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 68,329 -
Bank loans 23,289 33,226
91,618 33,226

The company's borrowings are secured by a fixed and floating charge over all assets of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Stuart Noel Bulmer and Sally Marie Bulmer
Balance outstanding at start of year 99,419 135,820
Amounts advanced 409,969 222,349
Amounts repaid (119,500 ) (258,750 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 389,888 99,419

ASHFIELD STATIC & TOURING PARK LIMITED (REGISTERED NUMBER: 09414810)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

10. RELATED PARTY DISCLOSURES

The directors of the company are also directors of S + S Bulmer Limited.

Debtors falling due within 1 year includes the following group balances - S + S Bulmer Limited £NIL (2023 - £47,619).