ORGANFORD MANOR COUNTRY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
4.Tangible fixed assets (continued)
Cost or valuation at 31 March 2024 is as follows:
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ORGANFORD MANOR COUNTRY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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ORGANFORD MANOR COUNTRY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
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ORGANFORD MANOR COUNTRY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A prior year adjustment has been recognised to account for a loan received which had been allocated to turnover in the 2019 year end accounts. The result of this is that the profit and loss reserves have decreased by £250,580 and a creditor was introduced of £250,580.
A prior year adjustment has been recognised to account for costs that were incurred in fellow group companies that should have been attributed to the Directors Loan Account in this company. The effect of this adjustment has increased amounts owed by group companies by £80,000 and increased the amounts owed by the Director by £80,000. A prior year adjustment has been recognised to account for costs that were recognised as part of tangible fixed assets that should have been attributed to rent within the profit and loss account. The result of this is that the fixed assets and profit and loss reserves have decreased by £17,500. A balance of £3,236 has been reclassified from interest payable to interest receivable in the 2023 financial statements. The result of this is £Nil change to the profit and loss account.
The Company is jointly and severally liable in respect of the group's bank loan facilities, which amounted to £13,673,544 at 31st March 2024 (2023 - £12,427,559). A debenture is secured over group assets.
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ORGANFORD MANOR COUNTRY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
The controlling party of the Company is H & S Simmons Limited by virtue of a 100% shareholding in Organford Manor Country Park Limited.
The Ultimate Controlling Parties are Mr H Simmons and Mrs G Simmons by virtue of their joint shareholding in H & S Simmons Limited.
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