Registration number: 12116697

Tan Yr Ogof Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Tan Yr Ogof Ltd

Company Information

Directors

Mr R M McBreeze Mr E W Roberts Mr P O McBreeze Mr H Roberts Mr C McBreeze Mr E M Roberts

Registered office

Tan Yr Ogof Caravan Park Beach House Road Llanddulas Abergele Conwy LL22 8HA

Accountants

Aston Hughes & Co Chartered Accountants Selby Towers 29 Princes Drive Colwyn Bay LL29 8PE

Tan Yr Ogof Ltd

(Registration number: 12116697)
Balance Sheet as at 30 November 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	1	1
Tangible assets	5	4,914,245	4,915,361
		4,914,246	4,915,362
Current assets
Stocks	6	169,600	161,060
Debtors	7	26,952	28,860
Cash at bank and in hand		481,708	383,793
		678,260	573,713
Creditors: Amounts falling due within one year	8	(273,301)	(183,753)
Net current assets		404,959	389,960
Total assets less current liabilities		5,319,205	5,305,322
Creditors: Amounts falling due after more than one year	8	(28,549)	(148,176)
Net assets		5,290,656	5,157,146
Capital and reserves
Called up share capital	9	2,196	2,196
Share premium reserve		4,850,478	4,850,478
Retained earnings		437,982	304,472
Shareholders' funds		5,290,656	5,157,146

For the financial year ending 30 November 2024 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 March 2025 and signed on its behalf by:
 

Tan Yr Ogof Ltd

(Registration number: 12116697)
Balance Sheet as at 30 November 2024

......................................... Mr H Roberts Director

......................................... Mr C McBreeze Director

Tan Yr Ogof Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

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:
Tan Yr Ogof Caravan Park
Beach House Road
Llanddulas
Abergele
Conwy
LL22 8HA

These financial statements were authorised for issue by the Board on 31 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.

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.

Tax

The tax expense for the period comprises current 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.

Tan Yr Ogof Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

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
Park infrastructure	2% straight line
Plant and machinery	25% straight line
Motor vehicles	25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10 year straight line

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.

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.

Tan Yr Ogof Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2023 - 8).

Tan Yr Ogof Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 December 2023	1	1
At 30 November 2024	1	1
Amortisation
Carrying amount
At 30 November 2024	1	1
At 30 November 2023	1	1

5	Tangible assets

	Land and buildings £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 December 2023	5,000,000	33,703	43,054	5,076,757
Additions	-	-	41,104	41,104
At 30 November 2024	5,000,000	33,703	84,158	5,117,861
Depreciation
At 1 December 2023	120,000	15,426	25,970	161,396
Charge for the year	30,000	6,426	5,794	42,220
At 30 November 2024	150,000	21,852	31,764	203,616
Carrying amount
At 30 November 2024	4,850,000	11,851	52,394	4,914,245
At 30 November 2023	4,880,000	18,277	17,084	4,915,361

Included within the net book value of land and buildings above is £4,850,000 (2023 - £4,880,000) in respect of freehold land and buildings.
 

6

Stocks

	2024 £	2023 £
Other inventories	169,600	161,060

Tan Yr Ogof Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

7

Debtors

Current	2024 £	2023 £
Trade debtors	6,780	5,843
Prepayments	20,047	16,512
Other debtors	125	6,505
	26,952	28,860

8

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	10	20,986	15,951
Trade creditors		9,797	85,478
Taxation and social security		129,196	44,439
Other creditors		113,322	37,885
		273,301	183,753