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REGISTERED NUMBER: 03772965 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Pond Park Limited

Pond Park Limited (Registered number: 03772965)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Pond Park Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr P W Hutley
Mrs C J R Hutley
Mr A J Hutley





SECRETARY: Mrs C J R Hutley





REGISTERED OFFICE: Lake House
Market Hilll
Royston
Hertfordshire
SG8 9JN





BUSINESS ADDRESS: Pond Park
Felsted
Dunmow
Essex
CM6 3LY





REGISTERED NUMBER: 03772965 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Pond Park Limited (Registered number: 03772965)

Abridged Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,296,137 2,342,263
Investments 5 10,000 10,000
2,306,137 2,352,263

CURRENT ASSETS
Debtors 89,122 89,759
Cash at bank 8,600 5,982
97,722 95,741
CREDITORS
Amounts falling due within one year 137,863 177,665
NET CURRENT LIABILITIES (40,141 ) (81,924 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,265,996

2,270,339

CREDITORS
Amounts falling due after more than one
year

(942,688

)

(893,764

)

PROVISIONS FOR LIABILITIES 6 (67,737 ) (65,184 )
NET ASSETS 1,255,571 1,311,391

CAPITAL AND RESERVES
Called up share 7 6,000 6,000
Other reserves 1,081,384 1,081,384
Retained earnings 168,187 224,007
SHAREHOLDERS' FUNDS 1,255,571 1,311,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Pond Park Limited (Registered number: 03772965)

Abridged Balance Sheet - continued
31 May 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2025 and were signed on its behalf by:




Mr P W Hutley - Director



Mrs C J R Hutley - Director


Pond Park Limited (Registered number: 03772965)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Pond 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 represents rental and storage income recognised in advance of services and arable sales income received in arrears..

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life, or if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold2% on cost (straight line)
Plant and machinery20% on reducing balance
Fixtures and fittings15% on reducing balance

Long leasehold property is now being depreciated at 2% on cost which will run in line with the lease agreement over the property.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Consolidated financial statements
The group qualifies as small sized, and as such has taken advantage of the exemption under s398 Companies Act 2006 not to prepare consolidated financial statements.

3. EMPLOYEES AND DIRECTORS

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

Pond Park Limited (Registered number: 03772965)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 3,003,716
Additions 7,415
At 31 May 2024 3,011,131
DEPRECIATION
At 1 June 2023 661,453
Charge for year 53,541
At 31 May 2024 714,994
NET BOOK VALUE
At 31 May 2024 2,296,137
At 31 May 2023 2,342,263

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 June 2023
and 31 May 2024 10,000
NET BOOK VALUE
At 31 May 2024 10,000
At 31 May 2023 10,000

6. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 67,737 65,184

Deferred
tax
£   
Balance at 1 June 2023 65,184
movement 2,553
Balance at 31 May 2024 67,737

7. CALLED UP SHARE

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
6,000 Ordinary £1 6,000 6,000