Blair Drummond Caravan Park Limited SC674033 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is that of a caravan park and the rental of property. Digita Accounts Production Advanced 6.30.9574.0 true SC674033 2023-11-01 2024-10-31 SC674033 2024-10-31 SC674033 bus:Director1 1 2024-10-31 SC674033 core:RetainedEarningsAccumulatedLosses 2024-10-31 SC674033 core:ShareCapital 2024-10-31 SC674033 core:CurrentFinancialInstruments 2024-10-31 SC674033 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 SC674033 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-31 SC674033 core:MotorVehicles 2024-10-31 SC674033 core:OfficeEquipment 2024-10-31 SC674033 core:PlantMachinery 2024-10-31 SC674033 bus:SmallEntities 2023-11-01 2024-10-31 SC674033 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 SC674033 bus:FilletedAccounts 2023-11-01 2024-10-31 SC674033 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC674033 bus:RegisteredOffice 2023-11-01 2024-10-31 SC674033 bus:Director1 2023-11-01 2024-10-31 SC674033 bus:Director1 1 2023-11-01 2024-10-31 SC674033 bus:Director2 2023-11-01 2024-10-31 SC674033 bus:Director3 2023-11-01 2024-10-31 SC674033 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC674033 bus:Agent1 2023-11-01 2024-10-31 SC674033 core:LandBuildings 2023-11-01 2024-10-31 SC674033 core:LandBuildings core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 SC674033 core:MotorVehicles 2023-11-01 2024-10-31 SC674033 core:OfficeEquipment 2023-11-01 2024-10-31 SC674033 core:PlantMachinery 2023-11-01 2024-10-31 SC674033 countries:Scotland 2023-11-01 2024-10-31 SC674033 2023-10-31 SC674033 bus:Director1 1 2023-10-31 SC674033 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-31 SC674033 core:MotorVehicles 2023-10-31 SC674033 core:OfficeEquipment 2023-10-31 SC674033 core:PlantMachinery 2023-10-31 SC674033 2022-11-01 2023-10-31 SC674033 2023-10-31 SC674033 bus:Director1 1 2023-10-31 SC674033 core:RetainedEarningsAccumulatedLosses 2023-10-31 SC674033 core:ShareCapital 2023-10-31 SC674033 core:CurrentFinancialInstruments 2023-10-31 SC674033 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 SC674033 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-31 SC674033 core:MotorVehicles 2023-10-31 SC674033 core:OfficeEquipment 2023-10-31 SC674033 core:PlantMachinery 2023-10-31 SC674033 bus:Director1 1 2022-11-01 2023-10-31 SC674033 bus:Director1 1 2022-10-31 iso4217:GBP xbrli:pure

Registration number: SC674033

Blair Drummond Caravan Park Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Blair Drummond Caravan Park Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

Accountants' Report

9

 

Blair Drummond Caravan Park Limited

Company Information

Directors

Mr James Francis Muir

Mr William Anthony Nathaniel Muir

Mr John Alexander Hector Muir

Registered office

C/o Scottish African Safari Park Ltd
Blairdrummond
Stirling
FK9 4UR

Accountants

EQ Accountants Ltd Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

 

Blair Drummond Caravan Park Limited

(Registration number: SC674033)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

834,512

862,306

Current assets

 

Stocks

5

4,038

3,746

Debtors

6

4,748

4,955

Cash at bank and in hand

 

107,451

71,886

 

116,237

80,587

Creditors: Amounts falling due within one year

7

(52,251)

(68,986)

Net current assets

 

63,986

11,601

Total assets less current liabilities

 

898,498

873,907

Provisions for liabilities

(64,603)

(69,718)

Net assets

 

833,895

804,189

Capital and reserves

 

Called up share capital

858,585

858,585

Retained earnings

(24,690)

(54,396)

Shareholders' funds

 

833,895

804,189

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 July 2025 and signed on its behalf by:
 

.........................................
Mr James Francis Muir
Director

 

Blair Drummond Caravan Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

It is the opinion of the directors that there is reasonable expectation that the company has adequate resources to continue operations for the foreseeable future. For this reason the going concern basis has been adopted in preparing the financial statements for the period ended 31 October 2024.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Blair Drummond Caravan Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

not depreciated

Plant and machinery

4 year straight line

Office equipment

4 year straight line

Motor vehicles

4 year straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Blair Drummond Caravan Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

 

3

Employees and Directors

The average number of persons employed by the company (including directors) during the year, was 11 (2023 - 8).

 

Blair Drummond Caravan Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Tangible assets

Land and buildings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 November 2023

800,000

83,249

5,164

22,763

At 31 October 2024

800,000

83,249

5,164

22,763

Depreciation

At 1 November 2023

-

39,211

2,065

7,594

Charge for the year

-

20,812

1,291

5,691

At 31 October 2024

-

60,023

3,356

13,285

Carrying amount

At 31 October 2024

800,000

23,226

1,808

9,478

At 31 October 2023

800,000

44,038

3,099

15,169

Total
£

Cost or valuation

At 1 November 2023

911,176

At 31 October 2024

911,176

Depreciation

At 1 November 2023

48,870

Charge for the year

27,794

At 31 October 2024

76,664

Carrying amount

At 31 October 2024

834,512

At 31 October 2023

862,306

Included within the net book value of land and buildings above is £800,000 (2023 - £800,000) in respect of freehold land and buildings.
 

5

Stocks

2024
£

2023
£

Other inventories

4,038

3,746

 

Blair Drummond Caravan Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

6

Debtors

Current

2024
£

2023
£

Trade debtors

2,254

3,071

Prepayments

913

1,223

Other debtors

1,581

661

 

4,748

4,955

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

9,327

14,239

Taxation and social security

19,297

11,082

Accruals and deferred income

8,547

11,350

Other creditors

15,080

32,315

52,251

68,986

8

Related party transactions

Transactions with directors

Debtors include the following amounts which are owed from individuals who were directors of the company during the year:

2024

At 1 November 2023
£

At 31 October 2024
£

Mr James Francis Muir

Loan

1

1

2023

At 1 November 2022
£

At 31 October 2023
£

Mr James Francis Muir

Loan

1

1

 

Blair Drummond Caravan Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Included in Other Debtors is an amount of £1,579 (2023: £660) which is owed by a related party, Scottish African Safari Park Ltd, in which James Francis Muir is also a director.

Included in Other Creditors is an amount of £Nil (2023: £19,008) which is owed to a related party, Blair Drummond Farms Ltd, in which James Francis Muir is also a director.

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Blair Drummond Caravan Park Limited
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blair Drummond Caravan Park Limited for the year ended 31 October 2024 as set out on pages 2 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Blair Drummond Caravan Park Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Blair Drummond Caravan Park Limited and state those matters that we have agreed to state to the Board of Directors of Blair Drummond Caravan Park Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blair Drummond Caravan Park Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Blair Drummond Caravan Park Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Blair Drummond Caravan Park Limited. You consider that Blair Drummond Caravan Park Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Blair Drummond Caravan Park 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 accounts.

......................................

EQ Accountants Ltd
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

9 July 2025