Bat 2 Limited 07069458 false 2024-01-30 2025-01-29 2025-01-29 The principal activity of the company is the sale of static caravans to leisure parks Digita Accounts Production Advanced 6.30.9574.0 true true true 07069458 2024-01-30 2025-01-29 07069458 2025-01-29 07069458 bus:OrdinaryShareClass1 2025-01-29 07069458 core:CurrentFinancialInstruments 2025-01-29 07069458 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-29 07069458 core:FurnitureFittingsToolsEquipment 2025-01-29 07069458 core:LandBuildings 2025-01-29 07069458 core:MotorVehicles 2025-01-29 07069458 bus:SmallEntities 2024-01-30 2025-01-29 07069458 bus:AuditExemptWithAccountantsReport 2024-01-30 2025-01-29 07069458 bus:FullAccounts 2024-01-30 2025-01-29 07069458 bus:SmallCompaniesRegimeForAccounts 2024-01-30 2025-01-29 07069458 bus:RegisteredOffice 2024-01-30 2025-01-29 07069458 bus:Director1 2024-01-30 2025-01-29 07069458 bus:OrdinaryShareClass1 2024-01-30 2025-01-29 07069458 bus:PrivateLimitedCompanyLtd 2024-01-30 2025-01-29 07069458 core:FurnitureFittings 2024-01-30 2025-01-29 07069458 core:FurnitureFittingsToolsEquipment 2024-01-30 2025-01-29 07069458 core:LandBuildings 2024-01-30 2025-01-29 07069458 core:MotorVehicles 2024-01-30 2025-01-29 07069458 1 2024-01-30 2025-01-29 07069458 countries:EnglandWales 2024-01-30 2025-01-29 07069458 2024-01-29 07069458 core:FurnitureFittingsToolsEquipment 2024-01-29 07069458 core:LandBuildings 2024-01-29 07069458 core:MotorVehicles 2024-01-29 07069458 2023-01-30 2024-01-29 07069458 2024-01-29 07069458 bus:OrdinaryShareClass1 2024-01-29 07069458 core:CurrentFinancialInstruments 2024-01-29 07069458 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-29 07069458 core:FurnitureFittingsToolsEquipment 2024-01-29 07069458 core:LandBuildings 2024-01-29 07069458 core:MotorVehicles 2024-01-29 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07069458

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Annual Report and Unaudited Financial Statements

for the Year Ended 29 January 2025

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

(Registration number: 07069458)
Balance Sheet as at 29 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

7,890

10,336

Current assets

 

Stocks

5

1,935,655

2,956,551

Debtors

6

672,537

1,437,911

Cash at bank and in hand

 

328

520

 

2,608,520

4,394,982

Creditors: Amounts falling due within one year

7

(2,227,482)

(3,870,632)

Net current assets

 

381,038

524,350

Total assets less current liabilities

 

388,928

534,686

Provisions for liabilities

-

(1,964)

Net assets

 

388,928

532,722

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

388,828

532,622

Shareholders' funds

 

388,928

532,722

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

(Registration number: 07069458)
Balance Sheet as at 29 January 2025

For the financial year ending 29 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account and directors’ report have not been delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 26 March 2025 and signed on its behalf by:
 

.........................................
Mr RJP Walters
Director

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Notes to the Unaudited Financial Statements for the Year Ended 29 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lake Coast And Dale Leisure
Scotland Road
Carnforth
Lancashire
LA5 9RF

These financial statements were authorised for issue by the Board on 26 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling which is the functional currency of the company. The accounts are rounded to the nearest pound.

Group accounts not prepared

The company is part of a small group and the holding company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Notes to the Unaudited Financial Statements for the Year Ended 29 January 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Property alterations

20% per annum straight line

Fixtures and fittings

20% per annum reducing balance

Motor vehicles

25% per annum reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Notes to the Unaudited Financial Statements for the Year Ended 29 January 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Notes to the Unaudited Financial Statements for the Year Ended 29 January 2025

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 7).

4

Tangible assets

Property alterations
£

Fixtures and fittings
£

Motor vehicles
 £

Total
£

Cost or valuation

At 30 January 2024

28,727

33,557

69,158

131,442

At 29 January 2025

28,727

33,557

69,158

131,442

Depreciation

At 30 January 2024

28,727

30,506

61,873

121,106

Charge for the year

-

622

1,824

2,446

At 29 January 2025

28,727

31,128

63,697

123,552

Carrying amount

At 29 January 2025

-

2,429

5,461

7,890

At 29 January 2024

-

3,051

7,285

10,336

5

Stocks

2025
£

2024
£

Other inventories

1,935,655

2,956,551

6

Debtors

Current

2025
£

2024
£

Trade debtors

648,096

1,431,216

Prepayments

5,388

6,695

Other debtors

19,053

-

 

672,537

1,437,911

 

Bat 2 Limited

trading as Lake Coast and Dale Leisure

Notes to the Unaudited Financial Statements for the Year Ended 29 January 2025

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

9

271,668

217,763

Trade creditors

 

1,896,557

3,535,502

Taxation and social security

 

17,783

32,628

Accruals and deferred income

 

40,183

83,173

Other creditors

 

1,291

1,566

 

2,227,482

3,870,632

Creditors include a bank overdraft which is secured of £271,668 (2024 - £217,763).

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary share of £1 each

100

100

100

100

       

9

Loans and borrowings

Current loans and borrowings

2025
£

2024
£

Bank overdraft

271,668

217,763

10

Parent and ultimate parent undertaking

D & TB Holdings Limited holds 51% of the issued shares of Bat 2 Limited.

 The company's immediate parent is D & TB Holdings Limited, incorporated in England and Wales.