PTP Accounts Production v25.1.0.734 09820093 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098200932024-03-31098200932025-03-31098200932024-04-012025-03-31098200932023-03-31098200932023-04-012024-03-31098200932024-03-3109820093ns15:EnglandWales2024-04-012025-03-3109820093ns14:PoundSterling2024-04-012025-03-3109820093ns10:Director12024-04-012025-03-3109820093ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3109820093ns10:SmallEntities2024-04-012025-03-3109820093ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3109820093ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3109820093ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3109820093ns10:FullAccounts2024-04-012025-03-3109820093ns10:Director22024-04-012025-03-3109820093ns10:RegisteredOffice2024-04-012025-03-3109820093ns5:CurrentFinancialInstruments2025-03-3109820093ns5:CurrentFinancialInstruments2024-03-3109820093ns5:Non-currentFinancialInstruments2025-03-3109820093ns5:Non-currentFinancialInstruments2024-03-3109820093ns5:ShareCapital2025-03-3109820093ns5:ShareCapital2024-03-3109820093ns5:RevaluationReserve2025-03-3109820093ns5:RevaluationReserve2024-03-3109820093ns5:RetainedEarningsAccumulatedLosses2025-03-3109820093ns5:RetainedEarningsAccumulatedLosses2024-03-3109820093ns5:PlantMachinery2024-04-012025-03-3109820093ns5:LandBuildings2024-03-3109820093ns5:PlantMachinery2024-03-3109820093ns5:LandBuildings2024-04-012025-03-3109820093ns5:LandBuildings2025-03-3109820093ns5:PlantMachinery2025-03-3109820093ns5:LandBuildings2024-03-3109820093ns5:PlantMachinery2024-03-3109820093ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-03-3109820093ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-012025-03-3109820093ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2025-03-3109820093ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-03-3109820093ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3109820093ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109820093ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2025-03-3109820093ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3109820093ns5:Secured2025-03-3109820093ns5:Secured2024-03-3109820093ns5:RevaluationReserve2024-03-31
REGISTERED NUMBER: 09820093 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

Gnome World Caravan Park Limited

Gnome World Caravan Park Limited (Registered number: 09820093)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gnome World Caravan Park Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: M. A. Pring
Mrs E J Burford





REGISTERED OFFICE: Coniston House
Moorland Road
Indian Queens
Cornwall
TR9 6HN





REGISTERED NUMBER: 09820093 (England and Wales)





ACCOUNTANTS: Sovereign Accounting Solutions
Chartered Accountants and Business Advisers
Unit 9
Moorland Road Industrial Park
Moorland Road, Indian Queens
St Columb
Cornwall
TR9 6FB

Gnome World Caravan Park Limited (Registered number: 09820093)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,048,371 4,072,397

CURRENT ASSETS
Stocks 227,023 3,605
Debtors 5 1,238,373 1,230,836
1,465,396 1,234,441
CREDITORS
Amounts falling due within one year 6 1,678,560 1,733,669
NET CURRENT LIABILITIES (213,164 ) (499,228 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,835,207

3,573,169

CREDITORS
Amounts falling due after more than one
year

7

(1,228,258

)

(1,300,144

)

PROVISIONS FOR LIABILITIES (179,967 ) (135,640 )
NET ASSETS 2,426,982 2,137,385

CAPITAL AND RESERVES
Called up share capital 2,015 2,015
Revaluation reserve 9 318,203 318,203
Retained earnings 2,106,764 1,817,167
SHAREHOLDERS' FUNDS 2,426,982 2,137,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

Gnome World Caravan Park Limited (Registered number: 09820093)

Balance Sheet - continued
31 March 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





M. A. Pring - Director


Gnome World Caravan Park Limited (Registered number: 09820093)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Gnome World Caravan Park Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on reducing balance, 10% on reducing balance and 2% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 11 ) .

Gnome World Caravan Park Limited (Registered number: 09820093)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 2,441,463 2,824,705 5,266,168
Additions - 190,372 190,372
Disposals - (198,937 ) (198,937 )
At 31 March 2025 2,441,463 2,816,140 5,257,603
DEPRECIATION
At 1 April 2024 - 1,193,771 1,193,771
Charge for year - 103,094 103,094
Eliminated on disposal - (87,633 ) (87,633 )
At 31 March 2025 - 1,209,232 1,209,232
NET BOOK VALUE
At 31 March 2025 2,441,463 1,606,908 4,048,371
At 31 March 2024 2,441,463 1,630,934 4,072,397

Cost or valuation at 31 March 2025 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2017 318,203 - 318,203
Cost 2,123,260 2,816,140 4,939,400
2,441,463 2,816,140 5,257,603

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 35,000
DEPRECIATION
At 1 April 2024 9,485
Charge for year 2,552
At 31 March 2025 12,037
NET BOOK VALUE
At 31 March 2025 22,963
At 31 March 2024 25,515

Gnome World Caravan Park Limited (Registered number: 09820093)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 159,067 7,583
Other debtors 22,330 86,374
181,397 93,957

Amounts falling due after more than one year:
Other debtors 1,056,976 1,136,879

Aggregate amounts 1,238,373 1,230,836

£1,046,976 Penrose Caravan Park Limited

£10,000 M A Pring Developments Limited

£1,056,976 Total loans to companies under common control

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 424,891 446,642
Hire purchase contracts 53,970 3,970
Trade creditors 412,009 259,467
Taxation and social security 67,249 4,345
Other creditors 720,441 1,019,245
1,678,560 1,733,669

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 1,158,945 1,293,527
Hire purchase contracts 69,313 6,617
1,228,258 1,300,144

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 626,976 716,880

Gnome World Caravan Park Limited (Registered number: 09820093)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank overdrafts 251,489 273,240
Bank loans 1,332,347 1,466,929
Hire purchase contracts 123,283 10,587
1,707,119 1,750,756

9. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 318,203