Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Mr Anthony Birch 31/03/2003 Mrs Sarah Birch 31/03/2003 31 July 2025 The principal activity of the Company during the financial year was operating a camping and caravan park. 01037437 2024-12-31 01037437 bus:Director1 2024-12-31 01037437 bus:Director2 2024-12-31 01037437 2023-12-31 01037437 core:CurrentFinancialInstruments 2024-12-31 01037437 core:CurrentFinancialInstruments 2023-12-31 01037437 core:Non-currentFinancialInstruments 2024-12-31 01037437 core:Non-currentFinancialInstruments 2023-12-31 01037437 core:ShareCapital 2024-12-31 01037437 core:ShareCapital 2023-12-31 01037437 core:RevaluationReserve 2024-12-31 01037437 core:RevaluationReserve 2023-12-31 01037437 core:RetainedEarningsAccumulatedLosses 2024-12-31 01037437 core:RetainedEarningsAccumulatedLosses 2023-12-31 01037437 core:LandBuildings 2023-12-31 01037437 core:OtherPropertyPlantEquipment 2023-12-31 01037437 core:LandBuildings 2024-12-31 01037437 core:OtherPropertyPlantEquipment 2024-12-31 01037437 bus:OrdinaryShareClass1 2024-12-31 01037437 2024-01-01 2024-12-31 01037437 bus:FilletedAccounts 2024-01-01 2024-12-31 01037437 bus:SmallEntities 2024-01-01 2024-12-31 01037437 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01037437 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01037437 bus:Director1 2024-01-01 2024-12-31 01037437 bus:Director2 2024-01-01 2024-12-31 01037437 core:OtherPropertyPlantEquipment core:BottomRangeValue 2024-01-01 2024-12-31 01037437 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-01-01 2024-12-31 01037437 2023-01-01 2023-12-31 01037437 core:LandBuildings 2024-01-01 2024-12-31 01037437 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 01037437 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 01037437 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 01037437 (England and Wales)

WAREHAM FOREST TOURIST PARK LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

WAREHAM FOREST TOURIST PARK LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

WAREHAM FOREST TOURIST PARK LIMITED

BALANCE SHEET

As at 31 December 2024
WAREHAM FOREST TOURIST PARK LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,364,692 1,385,016
1,364,692 1,385,016
Current assets
Stocks 4 25,861 27,394
Debtors 5 20,004 20,889
Cash at bank and in hand 248,074 192,961
293,939 241,244
Creditors: amounts falling due within one year 6 ( 677,774) ( 628,685)
Net current liabilities (383,835) (387,441)
Total assets less current liabilities 980,857 997,575
Creditors: amounts falling due after more than one year 7 ( 5,279) ( 15,659)
Provision for liabilities ( 44,306) ( 49,387)
Net assets 931,272 932,529
Capital and reserves
Called-up share capital 8 2,000 2,000
Revaluation reserve 689,733 689,733
Profit and loss account 239,539 240,796
Total shareholder's funds 931,272 932,529

For the financial 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.

Directors' responsibilities:

The financial statements of Wareham Forest Tourist Park Limited (registered number: 01037437) were approved and authorised for issue by the Board of Directors on 31 July 2025. They were signed on its behalf by:

Mr Anthony Birch
Director
WAREHAM FOREST TOURIST PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
WAREHAM FOREST TOURIST PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 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

Wareham Forest Tourist Park Limited (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 North Trigon, Wareham, Dorset, BH20 7NZ, 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services to customers in relation to caravan and pitch fees and shop sales.

The company recognises revenue in respect of caravan and pitch fees once the customers stay has taken place.

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.

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 average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. 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, reducing balance] basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery etc. 4 - 10 years straight line

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The stocks relate to items in the site shop and at each reporting date, stocks are assessed for impairment. If the 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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 16 15

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 January 2024 1,292,922 470,269 1,763,191
Additions 0 2,765 2,765
At 31 December 2024 1,292,922 473,034 1,765,956
Accumulated depreciation
At 01 January 2024 0 378,175 378,175
Charge for the financial year 0 23,089 23,089
At 31 December 2024 0 401,264 401,264
Net book value
At 31 December 2024 1,292,922 71,770 1,364,692
At 31 December 2023 1,292,922 92,094 1,385,016

4. Stocks

2024 2023
£ £
Stocks 25,861 27,394

5. Debtors

2024 2023
£ £
Other debtors 20,004 20,889

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,375 10,119
Trade creditors 49,646 34,227
Amounts owed to Group undertakings 245,000 230,000
Taxation and social security 77,391 63,961
Other creditors 295,362 290,378
677,774 628,685

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 5,279 15,659

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2,000 Ordinary shares of £ 1.00 each 2,000 2,000

9. Related party transactions

Other related party transactions

2024 2023
£ £
Birchtime Limited 245,000 230,000

Birchtime Limited (Holding and Parent company)
At the beginning of the year Wareham Forest Tourist Park Limited owed Birchtime Limited £230,000 (2023: £120,000). During the year, advances of £75,261 (2023: £135,000) and repayments of £60,261 (2023: £25,000) were made. At the year end , the closing balance was £245,000 (2023: £230,000).
The company paid a management charge of £153,000 (2023: £153,000) to Birchtime Limited in the year.