Silverfin false false 30/11/2024 01/12/2023 30/11/2024 Mr M E Legg 14/10/2003 11 July 2025 The principal activity of the company during the financial year was caravan park operator. 04931894 2024-11-30 04931894 bus:Director1 2024-11-30 04931894 2023-11-30 04931894 core:CurrentFinancialInstruments 2024-11-30 04931894 core:CurrentFinancialInstruments 2023-11-30 04931894 core:ShareCapital 2024-11-30 04931894 core:ShareCapital 2023-11-30 04931894 core:RetainedEarningsAccumulatedLosses 2024-11-30 04931894 core:RetainedEarningsAccumulatedLosses 2023-11-30 04931894 core:LandBuildings 2023-11-30 04931894 core:OtherPropertyPlantEquipment 2023-11-30 04931894 core:LandBuildings 2024-11-30 04931894 core:OtherPropertyPlantEquipment 2024-11-30 04931894 2023-12-01 2024-11-30 04931894 bus:FilletedAccounts 2023-12-01 2024-11-30 04931894 bus:SmallEntities 2023-12-01 2024-11-30 04931894 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 04931894 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04931894 bus:Director1 2023-12-01 2024-11-30 04931894 core:LandBuildings 2023-12-01 2024-11-30 04931894 core:OtherPropertyPlantEquipment 2023-12-01 2024-11-30 04931894 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Company No: 04931894 (England and Wales)

TANGLEWOOD HOLIDAY PARK LTD

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

TANGLEWOOD HOLIDAY PARK LTD

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

TANGLEWOOD HOLIDAY PARK LTD

BALANCE SHEET

As at 30 November 2024
TANGLEWOOD HOLIDAY PARK LTD

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 231,071 236,089
231,071 236,089
Current assets
Stocks 4 0 26,200
Debtors 5 6,729 10,922
Cash at bank and in hand 152,928 112,702
159,657 149,824
Creditors: amounts falling due within one year 6 ( 39,003) ( 56,309)
Net current assets 120,654 93,515
Total assets less current liabilities 351,725 329,604
Provision for liabilities ( 2,156) ( 2,493)
Net assets 349,569 327,111
Capital and reserves
Called-up share capital 100 100
Profit and loss account 349,469 327,011
Total shareholders' funds 349,569 327,111

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.

Director's responsibilities:

The financial statements of Tanglewood Holiday Park Ltd (registered number: 04931894) were approved and authorised for issue by the Director on 11 July 2025. They were signed on its behalf by:

Mr M E Legg
Director
TANGLEWOOD HOLIDAY PARK LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
TANGLEWOOD HOLIDAY PARK LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tanglewood Holiday Park Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 10 % reducing balance
Plant and machinery etc. 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 December 2023 268,356 66,194 334,550
Additions 0 216 216
At 30 November 2024 268,356 66,410 334,766
Accumulated depreciation
At 01 December 2023 45,391 53,070 98,461
Charge for the financial year 3,241 1,993 5,234
At 30 November 2024 48,632 55,063 103,695
Net book value
At 30 November 2024 219,724 11,347 231,071
At 30 November 2023 222,965 13,124 236,089

4. Stocks

2024 2023
£ £
Stocks 0 26,200

5. Debtors

2024 2023
£ £
Trade debtors 4,030 8,064
Other debtors 2,699 2,858
6,729 10,922

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 1,593 3,938
Taxation and social security 19,027 9,986
Other creditors 18,383 42,385
39,003 56,309

7. Related party transactions

Transactions with the entity's director

During the year the director maintained an interest free loan with the company which is repayable on demand. At the
balance sheet date the amount owing to the director was £1,725 (2023 £9.185).