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
Pembrokeshire Wake Park Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
375,818
389,198
Cash at bank and in hand
2,218
(11,001)
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)
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
Pembrokeshire Wake Park Ltd
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 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
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
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
Pembrokeshire Wake Park Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
1,735
1,503
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
35,830
44,706
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
Deferred income
23,200
24,400
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
2,384
Other creditors
12,280
19,288
8
Average number of employees
During the year the average number of employees was 48 (2023: 48).