Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30Other amusement and recreation activities not elsewhere classified2023-07-01false22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09656083 2023-07-01 2024-06-30 09656083 2022-07-01 2023-06-30 09656083 2024-06-30 09656083 2023-06-30 09656083 c:Director1 2023-07-01 2024-06-30 09656083 d:PlantMachinery 2023-07-01 2024-06-30 09656083 d:PlantMachinery 2024-06-30 09656083 d:PlantMachinery 2023-06-30 09656083 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09656083 d:MotorVehicles 2023-07-01 2024-06-30 09656083 d:MotorVehicles 2024-06-30 09656083 d:MotorVehicles 2023-06-30 09656083 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09656083 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09656083 d:CurrentFinancialInstruments 2024-06-30 09656083 d:CurrentFinancialInstruments 2023-06-30 09656083 d:Non-currentFinancialInstruments 2024-06-30 09656083 d:Non-currentFinancialInstruments 2023-06-30 09656083 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09656083 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09656083 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 09656083 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 09656083 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 09656083 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 09656083 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 09656083 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 09656083 d:ShareCapital 2024-06-30 09656083 d:ShareCapital 2023-06-30 09656083 d:RetainedEarningsAccumulatedLosses 2024-06-30 09656083 d:RetainedEarningsAccumulatedLosses 2023-06-30 09656083 c:FRS102 2023-07-01 2024-06-30 09656083 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09656083 c:FullAccounts 2023-07-01 2024-06-30 09656083 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09656083 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 09656083


TALLINGTON LAKES SITE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
TALLINGTON LAKES SITE LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 10


 
TALLINGTON LAKES SITE LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TALLINGTON LAKES SITE LIMITED
FOR THE YEAR ENDED 30 JUNE 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tallington Lakes Site Limited for the Year ended 30 June 2024 which comprise the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

This report is made solely to the Director of Tallington Lakes Site Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Tallington Lakes Site Limited and state those matters that we have agreed to state to the Director of Tallington Lakes Site Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tallington Lakes Site Limited and its Director for our work or for this report.
It is your duty to ensure that Tallington Lakes Site Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position, and profit of Tallington Lakes Site Limited. You consider that Tallington Lakes Site Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of Tallington Lakes Site Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Xeinadin London Limited
 
Accountants
  
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
16 June 2025
Page 1

 
TALLINGTON LAKES SITE LIMITED
REGISTERED NUMBER: 09656083

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
41,397
55,196

  
41,397
55,196

Current assets
  

Debtors due within 1 year
  
2,600,699
2,606,699

Bank and cash balances
  
50,000
54,100

  
2,650,699
2,660,799

Creditors: amounts falling due within one year
 6 
(6,409,079)
(6,177,007)

Net current liabilities
  
 
 
(3,758,380)
 
 
(3,516,208)

Total assets less current liabilities
  
(3,716,983)
(3,461,012)

Creditors: amounts falling due after more than one year
 7 
-
(235,000)

  

Net liabilities
  
(3,716,983)
(3,696,012)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(3,716,985)
(3,696,014)

  
(3,716,983)
(3,696,012)


Page 2

 
TALLINGTON LAKES SITE LIMITED
REGISTERED NUMBER: 09656083
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by: 




N Morgan
Director

Date: 16 June 2025

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Tallington Lakes Sites Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is Barholm Road, Tallington, Stamford, Lincolnshire, PE9 4RJ.
The nature of the company's operations and principal activities continued to be the provision of amusement and recreational activities.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

 
2.2

Going concern

The directors have confirmed their financial support will be provided for the foreseeable future as and when required for the business. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

  
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the Year in which they are incurred.

 
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

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
Various rates on cost and nil on land
Motor vehicles
-
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

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.

 
2.8

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.

 
2.9

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.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including the director, during the Year was as follows:


        2024
        2023
            No.
            No.







Employees
2
2

Page 5

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 July 2023
88,094
34,867
122,961



At 30 June 2024

88,094
34,867
122,961



Depreciation


At 1 July 2023
37,563
30,202
67,765


Charge for the Year on owned assets
12,633
1,166
13,799



At 30 June 2024

50,196
31,368
81,564



Net book value



At 30 June 2024
37,898
3,499
41,397



At 30 June 2023
50,531
4,665
55,196

Page 6

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
1,146,970
1,146,970

Amounts owed by group undertakings
1,185,304
1,185,304

Other debtors
190,964
196,964

Prepayments and accrued income
77,461
77,461

2,600,699
2,606,699



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
-
60,000

Trade creditors
343,086
343,086

Amounts owed to group undertakings
4,326,609
4,035,709

Other creditors
1,720,423
1,719,251

Accruals and deferred income
18,961
18,961

6,409,079
6,177,007



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
235,000

-
235,000


Page 7

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Other loans
-
60,000


-
60,000

Amounts falling due 1-2 years

Bank loans
-
60,000


-
60,000

Amounts falling due 2-5 years

Bank loans
-
175,000


-
175,000


-
295,000


The loan was repaid during the year.

Page 8

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Related party transactions


The company has taken advantage of the exemption available under FRS 102 section 33.1A, for all other transactions, where disclosures of transactions between group members are not required, provided that the subsidiary is wholly owned.
As at the year end, the Company were owed £329,546 (2023: £329,546) by Tallington Lakes Activities Limited, a company under common control.
As at the year end, the Company were owed £846,463 (2023: £846,463) by Tallington Lakes Land Limited, a company under common control.
As at the year end, the Company were owed £9,295 (2023: £9,295) by Tallington Lakes Leisure Park Limited, a company under common control.
As at the year end, the Compnay were owed £15,000 from Great Hadham Country Club Limited, a company in which N Morgan has common control. 
As at the year end, the Company were owed £16,504 from Tanner Farm Park Trading Limited, a company in which N Morgan has common control.
As at the year end, the Company owed £155,822 (2023: £13,750) to Leisure Site Limited, a company under common control.
As at the year end, the Company owed £40,000 (2023: £40,000) to Venture lodges Limited, a company under common control.
As at the year end, the Company owed £2,336,669 (2023: £2,336,669) to Tallington Lakes Sales Limited, a company under common control.
As at the year end, the Company owed £63,636 (2023: £63,636) to Tallington Lakes Restaurant and Bar Limited, a company under common control.
As at the year end, the Company owed £144,546 (2023: £144,546) to Tallington Lakes Limited, a company under common control.
As at the year end, the Company owed £1,437,108 (2023: £1,437,108) to Tallington Holdings Limited, the parent company of Tallington Lakes Site Limited.
As at the year end, the Company owed £220,000 (2023: £220,000) to Ping (Herts) Operations Limited, in which K Abbott has common control.
As at the year end, the Company owed £62,157 (2023: £Nil) to Lakeside Clubhouse Limited, a company under common control.
As at the year end, the Company owed £86,671 (2023: £Nil) to Leisure Venture Land Limited, a company under common control.
As at the year end, the Company owed £741,627 to N Morgan, a director in the company.

Page 9

 
TALLINGTON LAKES SITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Controlling party

The company is controlled by Tallington Holdings Limited.

 
Page 10