Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31falseCaravan Park2024-04-0157truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12681036 2024-04-01 2025-03-31 12681036 2023-04-01 2024-03-31 12681036 2025-03-31 12681036 2024-03-31 12681036 c:Director5 2024-04-01 2025-03-31 12681036 d:PlantMachinery 2024-04-01 2025-03-31 12681036 d:PlantMachinery 2025-03-31 12681036 d:PlantMachinery 2024-03-31 12681036 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12681036 d:MotorVehicles 2024-04-01 2025-03-31 12681036 d:MotorVehicles 2025-03-31 12681036 d:MotorVehicles 2024-03-31 12681036 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12681036 d:FurnitureFittings 2024-04-01 2025-03-31 12681036 d:FurnitureFittings 2025-03-31 12681036 d:FurnitureFittings 2024-03-31 12681036 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12681036 d:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 12681036 d:OtherPropertyPlantEquipment 2025-03-31 12681036 d:OtherPropertyPlantEquipment 2024-03-31 12681036 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12681036 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12681036 d:CurrentFinancialInstruments 2025-03-31 12681036 d:CurrentFinancialInstruments 2024-03-31 12681036 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12681036 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12681036 d:ShareCapital 2025-03-31 12681036 d:ShareCapital 2024-03-31 12681036 d:RetainedEarningsAccumulatedLosses 2025-03-31 12681036 d:RetainedEarningsAccumulatedLosses 2024-03-31 12681036 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 12681036 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 12681036 d:TaxLossesCarry-forwardsDeferredTax 2025-03-31 12681036 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 12681036 c:OrdinaryShareClass1 2024-04-01 2025-03-31 12681036 c:OrdinaryShareClass1 2025-03-31 12681036 c:OrdinaryShareClass1 2024-03-31 12681036 c:FRS102 2024-04-01 2025-03-31 12681036 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12681036 c:FullAccounts 2024-04-01 2025-03-31 12681036 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12681036 2 2024-04-01 2025-03-31 12681036 4 2024-04-01 2025-03-31 12681036 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12681036










PARC YNYSYMAENGWYN CYF








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
PARC YNYSYMAENGWYN CYF
REGISTERED NUMBER: 12681036

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 5 
137,621
125,413

  
137,621
125,413

Current assets
  

Debtors: amounts falling due within one year
 6 
20,396
19,213

Cash at bank and in hand
 7 
73,644
89,826

  
94,040
109,039

Creditors: amounts falling due within one year
 8 
(192,514)
(197,342)

Net current liabilities
  
 
 
(98,474)
 
 
(88,303)

Total assets less current liabilities
  
39,147
37,110

Provisions for liabilities
  

Deferred tax
 9 
(7,694)
(6,885)

  
 
 
(7,694)
 
 
(6,885)

Net assets
  
31,453
30,225


Capital and reserves
  

Called up share capital 
 10 
5
5

Profit and loss account
  
31,448
30,220

  
31,453
30,225


Page 1

 
PARC YNYSYMAENGWYN CYF
REGISTERED NUMBER: 12681036
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 on 28 July 2025.






B W Lawton
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Parc Ynysymaengwyn Cyf, 12681036, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Parc Ynysymaengwyn, Ynysymaengwyn, Tywyn, Gwynedd, United Kingdom, LL36 9RY.
The principal activity of the company is the operation of a caravan and touring park.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
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

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Multi-employer pension plan

The Company is a member of a multi-employer plan. Where it is not possible for the Company to obtain sufficient information to enable it to account for the plan as a defined benefit plan, it accounts for the plan as a defined contribution plan.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 4

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.8

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
20%
Reducing balance
Fixtures and fittings
-
20%
Reducing balance
Other fixed assets
-
10%
Straight line

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

Page 5

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 5 (2024 - 7).

Page 6

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Other fixed assets
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
19,500
7,000
7,756
108,094
142,350


Additions
-
-
-
26,924
26,924



At 31 March 2025

19,500
7,000
7,756
135,018
169,274



Depreciation


At 1 April 2024
10,526
3,954
2,457
-
16,937


Charge for the year on owned assets
1,795
609
1,060
11,252
14,716



At 31 March 2025

12,321
4,563
3,517
11,252
31,653



Net book value



At 31 March 2025
7,179
2,437
4,239
123,766
137,621



At 31 March 2024
8,974
3,046
5,299
108,094
125,413

Page 7

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Debtors

2025
2024
£
£


Other debtors
13,030
18,941

Prepayments and accrued income
7,366
272

20,396
19,213



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
73,644
89,826

73,644
89,826



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
11,353
22,109

Other taxation and social security
12,748
672

Other creditors
150,749
150,749

Accruals and deferred income
17,664
23,812

192,514
197,342



9.


Deferred taxation




2025


£






At beginning of year
6,885


Charged to profit or loss
809



At end of year
7,694

Page 8

 
PARC YNYSYMAENGWYN CYF
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
 
9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
21,237
21,060

Tax losses carried forward
(13,543)
(14,175)

7,694
6,885


10.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



5 (2024 - 5) Ordinary shares of £1.00 each
5
5



11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £81,190 (2024: £18,022). Contributions totalling £nil (2024: £nil) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 9