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REGISTERED NUMBER: OC363018 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

NEWLANDS HOLIDAY PARK LLP

NEWLANDS HOLIDAY PARK LLP (REGISTERED NUMBER: OC363018)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEWLANDS HOLIDAY PARK LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: R Ireland
Mrs J G Ireland





REGISTERED OFFICE: Newlands Holiday Park
Charmouth
Dorset
DT6 6RB





REGISTERED NUMBER: OC363018 (England and Wales)





ACCOUNTANT: Jane Miners
2 Turlake Mews
Cowley
Exeter
Devon
EX5 5ER

NEWLANDS HOLIDAY PARK LLP (REGISTERED NUMBER: OC363018)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,791,587 3,813,142
Investments 6 1 1
3,791,588 3,813,143

CURRENT ASSETS
Stocks 44,733 22,644
Debtors 7 88,437 125,047
Cash at bank and in hand 578,566 837,870
711,736 985,561
CREDITORS
Amounts falling due within one year 8 1,585,685 1,421,776
NET CURRENT LIABILITIES (873,949 ) (436,215 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,917,639

3,376,928

CREDITORS
Amounts falling due after more than one
year

9

334,843

422,488
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,582,796

2,954,440

NEWLANDS HOLIDAY PARK LLP (REGISTERED NUMBER: OC363018)

BALANCE SHEET - continued
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

11

705,959

1,077,603

MEMBERS' OTHER INTERESTS
Capital accounts 1,876,837 1,876,837
2,582,796 2,954,440

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 11 705,959 1,077,603
Members' other interests 1,876,837 1,876,837
2,582,796 2,954,440

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 March 2025 and were signed by:





Mrs J G Ireland - Designated member

NEWLANDS HOLIDAY PARK LLP (REGISTERED NUMBER: OC363018)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Newlands Holiday Park LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Newlands Holiday Park LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

Turnover
Turnover represents net invoiced sales of accommodation, other services and goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1998, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 4% on cost
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 4% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEE INFORMATION

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

NEWLANDS HOLIDAY PARK LLP (REGISTERED NUMBER: OC363018)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 251,100
AMORTISATION
At 1 April 2023
and 31 March 2024 251,100
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 2,905,822 2,749,187 5,655,009
Additions - 230,923 230,923
Disposals - (117,341 ) (117,341 )
At 31 March 2024 2,905,822 2,862,769 5,768,591
DEPRECIATION
At 1 April 2023 165,408 1,676,459 1,841,867
Charge for year 44,386 192,285 236,671
Eliminated on disposal - (101,534 ) (101,534 )
At 31 March 2024 209,794 1,767,210 1,977,004
NET BOOK VALUE
At 31 March 2024 2,696,028 1,095,559 3,791,587
At 31 March 2023 2,740,414 1,072,728 3,813,142

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

NEWLANDS HOLIDAY PARK LLP (REGISTERED NUMBER: OC363018)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings - 54,674
Other debtors 88,437 70,373
88,437 125,047

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 83,172 83,745
Hire purchase contracts 17,754 52,901
Trade creditors 137,684 197,699
Amounts owed to group undertakings 67,379 -
Other creditors 1,279,696 1,087,431
1,585,685 1,421,776

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 334,843 422,488

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 418,015 506,233
Hire purchase contracts 17,754 52,901
435,769 559,134

11. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up loans and other debts due to members would be unsecured liabilities and no irrevocable legally enforced protection is given to creditors.

12. ULTIMATE CONTROLLING PARTY

The LLP is controlled by its members R and Mrs J G Ireland.