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REGISTERED NUMBER: 01235184 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Summer Lane Caravan Park Co. Limited

Summer Lane Caravan Park Co. Limited (Registered number: 01235184)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Summer Lane Caravan Park Co. Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: H J H Pring
Ms W J Litchfield





SECRETARY: Ms W J Litchfield





REGISTERED OFFICE: The Office
Summer Lane Caravan Park
Banwell
Somerset
BS29 6LS





REGISTERED NUMBER: 01235184 (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

Summer Lane Caravan Park Co. Limited (Registered number: 01235184)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,693,896 3,714,282

CURRENT ASSETS
Stocks 51,304 3,276
Debtors 5 2,296,819 2,322,845
Cash at bank and in hand 13,400 9,707
2,361,523 2,335,828
CREDITORS
Amounts falling due within one year 6 160,270 139,443
NET CURRENT ASSETS 2,201,253 2,196,385
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,895,149

5,910,667

CREDITORS
Amounts falling due after more than one
year

7

(3,960,530

)

(4,075,365

)

PROVISIONS FOR LIABILITIES (781,303 ) (722,230 )
NET ASSETS 1,153,316 1,113,072

CAPITAL AND RESERVES
Called up share capital 3,250 3,250
Retained earnings 1,150,066 1,109,822
SHAREHOLDERS' FUNDS 1,153,316 1,113,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Summer Lane Caravan Park Co. Limited (Registered number: 01235184)

Balance Sheet - continued
31 December 2024


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 10 June 2025 and were signed on its behalf by:




Ms W J Litchfield - Director



H J H Pring - Director


Summer Lane Caravan Park Co. Limited (Registered number: 01235184)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Summer Lane Caravan Park Co. 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.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Summer Lane Caravan Park Co. Limited (Registered number: 01235184)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 3,638,428 318,481 3,956,909
DEPRECIATION
At 1 January 2024 3,631 238,996 242,627
Charge for year 500 19,886 20,386
At 31 December 2024 4,131 258,882 263,013
NET BOOK VALUE
At 31 December 2024 3,634,297 59,599 3,693,896
At 31 December 2023 3,634,797 79,485 3,714,282

5. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 19,238 46,005
Other debtors 4,588 3,847
23,826 49,852

Amounts falling due after more than one year:
Other debtors 2,272,993 2,272,993

Aggregate amounts 2,296,819 2,322,845

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 104,747 95,583
Trade creditors 14,878 25,875
Taxation and social security 38,817 16,810
Other creditors 1,828 1,175
160,270 139,443

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 1,305,391 1,419,303
Amounts owed to group undertakings 2,655,139 2,656,062
3,960,530 4,075,365

Summer Lane Caravan Park Co. Limited (Registered number: 01235184)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans due more 5 years 886,403 1,036,970

Amounts owed to group undertakings represents the amount due to the company's holding company Summer Lane Holdings Limited.

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 1,410,138 1,514,886

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Summer Lane Holdings Limited.