Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30truefalse92023-10-01falseNo description of principal activity8trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01996123 2023-10-01 2024-09-30 01996123 2022-10-01 2023-09-30 01996123 2024-09-30 01996123 2023-09-30 01996123 c:Director1 2023-10-01 2024-09-30 01996123 d:Buildings 2023-10-01 2024-09-30 01996123 d:Buildings 2024-09-30 01996123 d:Buildings 2023-09-30 01996123 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01996123 d:Buildings d:LongLeaseholdAssets 2023-10-01 2024-09-30 01996123 d:Buildings d:LongLeaseholdAssets 2024-09-30 01996123 d:Buildings d:LongLeaseholdAssets 2023-09-30 01996123 d:PlantMachinery 2023-10-01 2024-09-30 01996123 d:PlantMachinery 2024-09-30 01996123 d:PlantMachinery 2023-09-30 01996123 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01996123 d:MotorVehicles 2023-10-01 2024-09-30 01996123 d:MotorVehicles 2024-09-30 01996123 d:MotorVehicles 2023-09-30 01996123 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01996123 d:FurnitureFittings 2023-10-01 2024-09-30 01996123 d:FurnitureFittings 2024-09-30 01996123 d:FurnitureFittings 2023-09-30 01996123 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01996123 d:OfficeEquipment 2023-10-01 2024-09-30 01996123 d:OfficeEquipment 2024-09-30 01996123 d:OfficeEquipment 2023-09-30 01996123 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01996123 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01996123 d:CurrentFinancialInstruments 2024-09-30 01996123 d:CurrentFinancialInstruments 2023-09-30 01996123 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 01996123 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 01996123 d:ShareCapital 2024-09-30 01996123 d:ShareCapital 2023-09-30 01996123 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 01996123 d:RetainedEarningsAccumulatedLosses 2024-09-30 01996123 d:RetainedEarningsAccumulatedLosses 2023-09-30 01996123 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 01996123 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 01996123 d:TaxLossesCarry-forwardsDeferredTax 2024-09-30 01996123 d:TaxLossesCarry-forwardsDeferredTax 2023-09-30 01996123 c:OrdinaryShareClass1 2023-10-01 2024-09-30 01996123 c:OrdinaryShareClass1 2024-09-30 01996123 c:OrdinaryShareClass1 2023-09-30 01996123 c:FRS102 2023-10-01 2024-09-30 01996123 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01996123 c:FullAccounts 2023-10-01 2024-09-30 01996123 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01996123 2 2023-10-01 2024-09-30 01996123 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01996123










WOODLANDS CARAVAN PARK LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
WOODLANDS CARAVAN PARK LIMITED
REGISTERED NUMBER: 01996123

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
558,231
574,668

  
558,231
574,668

Current assets
  

Stocks
  
44,184
58,878

Debtors: amounts falling due within one year
 6 
917
29,914

Cash at bank and in hand
 7 
1,535,736
1,447,816

  
1,580,837
1,536,608

Creditors: amounts falling due within one year
 8 
(130,911)
(135,659)

Net current assets
  
 
 
1,449,926
 
 
1,400,949

Total assets less current liabilities
  
2,008,157
1,975,617

Provisions for liabilities
  

Deferred tax
 9 
(49,612)
(43,950)

  
 
 
(49,612)
 
 
(43,950)

Net assets
  
1,958,545
1,931,667


Capital and reserves
  

Called up share capital 
 10 
2
2

Profit and loss account
 11 
1,958,543
1,931,665

  
1,958,545
1,931,667


Page 1

 
WOODLANDS CARAVAN PARK LIMITED
REGISTERED NUMBER: 01996123
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 June 2025.




Mr R P Davies
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Woodlands Caravan Park Limited, 01996123, is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Woodlands, Devils Bridge, Aberystwyth, Ceredigion, SY23 3JW.
The company's principal activity is the running of a caravan park.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

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

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property
-
No depreciation
Property improvements
-
10% straight line
Plant and machinery
-
25% reducing balance
Caravan fleet
-
15% reducing balance
Fixtures and fittings
-
25% reducing balance
Office equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is 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.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the Directors, there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 - 8).

Page 6

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Freehold property
Long-term leasehold property
Plant and machinery
Caravan Fleet
Fixtures and fittings

£
£
£
£
£



Cost or valuation


At 1 October 2023
347,738
183,208
299,401
15,000
14,465


Additions
-
18,201
-
-
1,295



At 30 September 2024

347,738
201,409
299,401
15,000
15,760



Depreciation


At 1 October 2023
-
35,556
242,178
7,170
2,064


Charge for the year on owned assets
-
19,242
14,306
1,175
3,289



At 30 September 2024

-
54,798
256,484
8,345
5,353



Net book value



At 30 September 2024
347,738
146,611
42,917
6,655
10,407



At 30 September 2023
347,738
147,652
57,224
7,830
12,401
Page 7

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

           5.Tangible fixed assets (continued)


Office equipment
Total

£
£



Cost or valuation


At 1 October 2023
42,664
902,476


Additions
2,848
22,344



At 30 September 2024

45,512
924,820



Depreciation


At 1 October 2023
40,841
327,809


Charge for the year on owned assets
768
38,780



At 30 September 2024

41,609
366,589



Net book value



At 30 September 2024
3,903
558,231



At 30 September 2023
1,823
574,668


6.


Debtors

2024
2023
£
£


Trade debtors
793
26,547

Prepayments and accrued income
124
3,367

917
29,914


Page 8

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,535,736
1,447,816

1,535,736
1,447,816



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
36,806
7,604

Corporation tax
7,171
-

Other taxation and social security
23,216
30,652

Other creditors
32,641
40,215

Accruals and deferred income
31,077
57,188

130,911
135,659



9.


Deferred taxation




2024


£






At beginning of year
43,950


Charged to profit or loss
5,662



At end of year
49,612

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
49,612
35,976

Tax losses carried forward
-
(7,974)

49,612
43,950

Page 9

 
WOODLANDS CARAVAN PARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



11.


Reserves

Profit and loss account

The profit and loss account represents the accumulated profits of the company since the incorporation less distributions made to shareholders.

 
Page 10