Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-01-01falseNo description of principal activity3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC665787 2023-01-01 2024-03-31 SC665787 2022-01-01 2022-12-31 SC665787 2024-03-31 SC665787 2022-12-31 SC665787 c:Director1 2023-01-01 2024-03-31 SC665787 d:Buildings 2023-01-01 2024-03-31 SC665787 d:Buildings 2024-03-31 SC665787 d:Buildings 2022-12-31 SC665787 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2024-03-31 SC665787 d:PlantMachinery 2023-01-01 2024-03-31 SC665787 d:PlantMachinery 2024-03-31 SC665787 d:PlantMachinery 2022-12-31 SC665787 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2024-03-31 SC665787 d:MotorVehicles 2023-01-01 2024-03-31 SC665787 d:MotorVehicles 2024-03-31 SC665787 d:MotorVehicles 2022-12-31 SC665787 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2024-03-31 SC665787 d:OfficeEquipment 2023-01-01 2024-03-31 SC665787 d:OfficeEquipment 2024-03-31 SC665787 d:OfficeEquipment 2022-12-31 SC665787 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2024-03-31 SC665787 d:OwnedOrFreeholdAssets 2023-01-01 2024-03-31 SC665787 d:CurrentFinancialInstruments 2024-03-31 SC665787 d:CurrentFinancialInstruments 2022-12-31 SC665787 d:Non-currentFinancialInstruments 2024-03-31 SC665787 d:Non-currentFinancialInstruments 2022-12-31 SC665787 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC665787 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC665787 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC665787 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 SC665787 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 SC665787 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 SC665787 d:ShareCapital 2024-03-31 SC665787 d:ShareCapital 2022-12-31 SC665787 d:RevaluationReserve 2024-03-31 SC665787 d:RevaluationReserve 2022-12-31 SC665787 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC665787 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC665787 c:FRS102 2023-01-01 2024-03-31 SC665787 c:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 SC665787 c:FullAccounts 2023-01-01 2024-03-31 SC665787 c:PrivateLimitedCompanyLtd 2023-01-01 2024-03-31 SC665787 5 2023-01-01 2024-03-31 SC665787 e:PoundSterling 2023-01-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: SC665787










TAYPORT LINKS C P LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
TAYPORT LINKS C P LIMITED
REGISTERED NUMBER: SC665787

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
31 December
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,347,776
1,153,843

  
2,347,776
1,153,843

Current assets
  

Stocks
 5 
107,557
7,750

Debtors: amounts falling due within one year
 6 
943,501
62,098

Cash at bank and in hand
  
375,101
64,260

  
1,426,159
134,108

Creditors: amounts falling due within one year
 7 
(1,767,631)
(607,520)

Net current liabilities
  
 
 
(341,472)
 
 
(473,412)

Total assets less current liabilities
  
2,006,304
680,431

Creditors: amounts falling due after more than one year
 8 
-
(154,346)

Provisions for liabilities
  

Deferred tax
  
(53,425)
(59,396)

  
 
 
(53,425)
 
 
(59,396)

Net assets
  
1,952,879
466,689


Capital and reserves
  

Called up share capital 
  
120
120

Revaluation reserve
  
1,227,192
-

Profit and loss account
  
725,567
466,569

  
1,952,879
466,689


Page 1

 
TAYPORT LINKS C P LIMITED
REGISTERED NUMBER: SC665787
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 directors acknowledge their 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 on 21 January 2025.




A Maguire
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
TAYPORT LINKS C P LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

The company is a private company, limited by shares, incorporated in England and Wales and its
registered office is:-
Tayport Links Caravan Park
East Common
Tayport
United Kingdom
DD6 9ES

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 following principal accounting policies have been applied:

 
2.2

Going concern

The director, having made due and careful enquiry, is of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The director, therefore, has made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result the director has continued to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Revenue

Revenue represents amounts receivable for the sale of caravans and site fees during the year, net of VAT.

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:

 
2.4

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.

Page 3

 
TAYPORT LINKS C P LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line
Plant and machinery
-
25% straight line
Motor vehicles
-
25% straight line
Office equipment
-
25% straight line

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.

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 3 (2022 - 4).

Page 4

 
TAYPORT LINKS C P LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Freehold property
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2023
922,808
310,143
1,000
1,713
1,235,664


Additions
-
91,120
-
-
91,120


Disposals
-
(78,084)
-
-
(78,084)


Revaluations
1,227,192
-
-
-
1,227,192



At 31 March 2024

2,150,000
323,179
1,000
1,713
2,475,892



Depreciation


At 1 January 2023
18,456
62,706
250
409
81,821


Charge for the period on owned assets
22,960
42,754
313
535
66,562


Disposals
-
(20,267)
-
-
(20,267)



At 31 March 2024

41,416
85,193
563
944
128,116



Net book value



At 31 March 2024
2,108,584
237,986
437
769
2,347,776



At 31 December 2022
904,352
247,437
750
1,304
1,153,843


5.


Stocks

31 March
31 December
2024
2022
£
£

Caravan stock for resale
107,557
7,750

107,557
7,750


Page 5

 
TAYPORT LINKS C P LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Debtors

31 March
31 December
2024
2022
£
£


Trade debtors
79,675
16,795

Amounts owed by group undertakings
863,718
-

Other debtors
108
34,703

Prepayments and accrued income
-
10,600

943,501
62,098



7.


Creditors: Amounts falling due within one year

31 March
31 December
2024
2022
£
£

Bank loans
-
15,500

Trade creditors
79,678
16,108

Corporation tax
94,783
47,930

Other taxation and social security
51,847
-

Other creditors
1,328,395
444,820

Accruals and deferred income
212,928
83,162

1,767,631
607,520



8.


Creditors: Amounts falling due after more than one year

31 March
31 December
2024
2022
£
£

Bank loans
-
154,346

-
154,346


Page 6

 
TAYPORT LINKS C P LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


31 March
31 December
2024
2022
£
£

Amounts falling due within one year

Bank loans
-
15,500


-
15,500

Amounts falling due 1-2 years

Bank loans
-
154,346


-
154,346



-
169,846



10.


Related party transactions

During the period the company traded with companies in which the directors have an interest:
Sales of £Nil were made, and at the balance sheet date £Nil (2022: £Nil) was included in trade debtors.
Purchases of £47,324 were made, and at the balance sheet date £51,149 (2022: £Nil) was included in trade creditors.
At the year end, balances outstanding with related companies represented a debtor of £863,718 (2022: £Nil), and a creditor of £1,236,455 (2022: £Nil). 
At the year end, the company owed its directors £Nil (2022: £444,011).


11.


Controlling party

The ultimate parent company is Boaz Trading Limited, a company incorporated in England and Wales. The registered office of the parent company is Riverview Park, Abbey Lane, Barnard Castle, Co Durham, United Kingdom, DL12 9TJ. 

 
Page 7