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Company Registration No. 09577672 (England and Wales)
Pembrokeshire Wake Park Ltd Unaudited accounts for the year ended 31 December 2024
Pembrokeshire Wake Park Ltd Company Information for the year ended 31 December 2024
Directors
Mark Harris Sarah Elizabeth Harris Stephanie Harris
Company Number
09577672 (England and Wales)
Registered Office
Cott Lane Martletwy SA67 8AB
Accountants
Ann Stephens & Co The Lodge Allensbank Narberth Pembs SA67 8RF
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Pembrokeshire Wake Park Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
375,818 
389,198 
Current assets
Inventories
2,500 
6,000 
Debtors
1,755 
1,523 
Cash at bank and in hand
2,218 
(11,001)
6,473 
(3,478)
Creditors: amounts falling due within one year
(311,720)
(270,455)
Net current liabilities
(305,247)
(273,933)
Total assets less current liabilities
70,571 
115,265 
Creditors: amounts falling due after more than one year
(61,884)
(42,672)
Net assets
8,687 
72,593 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
8,684 
72,590 
Shareholders' funds
8,687 
72,593 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by
Sarah Elizabeth Harris Director Company Registration No. 09577672
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Pembrokeshire Wake Park Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Pembrokeshire Wake Park Ltd is a private company, limited by shares, registered in England and Wales, registration number 09577672. The registered office is Cott Lane, Martletwy, SA67 8AB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
201,784 
351,299 
13,300 
9,775 
576,158 
Additions
18,926 
13,019 
8,286 
- 
40,231 
Disposals
- 
(17,106)
- 
- 
(17,106)
At 31 December 2024
220,710 
347,212 
21,586 
9,775 
599,283 
Depreciation
At 1 January 2024
- 
173,154 
9,180 
4,626 
186,960 
Charge for the year
- 
47,728 
1,721 
1,287 
50,736 
On disposals
- 
(14,231)
- 
- 
(14,231)
At 31 December 2024
- 
206,651 
10,901 
5,913 
223,465 
Net book value
At 31 December 2024
220,710 
140,561 
10,685 
3,862 
375,818 
At 31 December 2023
201,784 
178,145 
4,120 
5,149 
389,198 
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Pembrokeshire Wake Park Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20 
20 
Accrued income and prepayments
1,735 
1,503 
1,755 
1,523 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
35,830 
44,706 
VAT
15,529 
11,281 
Obligations under finance leases and hire purchase contracts
18,762 
24,750 
Trade creditors
(1,622)
1,050 
Taxes and social security
1,336 
(154)
Other creditors
138,177 
125,175 
Loans from directors
80,508 
34,847 
Accruals
- 
4,400 
Deferred income
23,200 
24,400 
311,720 
270,455 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
49,604 
21,000 
Obligations under finance leases and hire purchase contracts
- 
2,384 
Other creditors
12,280 
19,288 
61,884 
42,672 
8
Average number of employees
During the year the average number of employees was 48 (2023: 48).
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