Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 2024-01-01 false Other letting and operating of own or leased real estate 1 1 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03797498 2024-01-01 2024-12-31 03797498 2023-01-01 2023-12-31 03797498 2024-12-31 03797498 2023-12-31 03797498 c:Director2 2024-01-01 2024-12-31 03797498 d:Buildings 2024-12-31 03797498 d:Buildings 2023-12-31 03797498 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03797498 d:OfficeEquipment 2024-01-01 2024-12-31 03797498 d:OfficeEquipment 2024-12-31 03797498 d:OfficeEquipment 2023-12-31 03797498 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03797498 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03797498 d:CurrentFinancialInstruments 2024-12-31 03797498 d:CurrentFinancialInstruments 2023-12-31 03797498 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03797498 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03797498 d:ShareCapital 2024-12-31 03797498 d:ShareCapital 2023-12-31 03797498 d:RetainedEarningsAccumulatedLosses 2024-12-31 03797498 d:RetainedEarningsAccumulatedLosses 2023-12-31 03797498 c:FRS102 2024-01-01 2024-12-31 03797498 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03797498 c:FullAccounts 2024-01-01 2024-12-31 03797498 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03797498 2 2024-01-01 2024-12-31 03797498 5 2024-01-01 2024-12-31 03797498 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 03797498 LAZY DAYS HOLIDAY PARKS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
LAZY DAYS HOLIDAY PARKS LTD REGISTERED NUMBER: 03797498 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 2,241 |  | 2,322
|  |  | 2,241 |  | 2,322
Current assets |  |  |  |  |
Debtors | 6 | 991 |  | 991 |
Cash at bank and in hand |  | 264,988 |  | 276,827 |
|  | 265,979 |  | 277,818 |
Creditors: amounts falling due within one year | 7 | (422,705) |  | (429,506) |
Net current liabilities |  |  | (156,726) |  | (151,688)
Total assets less current liabilities |  |  | (154,485) |  | (149,366)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (60) |  | (81) |
|  |  | (60) |  | (81)
Net liabilities |  |  | (154,545) |  | (149,447)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 12,500 |  | 12,500
Profit and loss account |  |  | (167,045) |  | (161,947)
|  |  | (154,545) |  | (149,447)
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LAZY DAYS HOLIDAY PARKS LTD REGISTERED NUMBER: 03797498 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 The director considers 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 director acknowledges her 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 income and retained earnings 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 by:
Leslie Dyde (Exor Michael Dyde Deceased)
Director
Date: 5 September 2025
The notes on pages 3 to 8 form part of these financial statements. Page 2
LAZY DAYS HOLIDAY PARKS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Lazy Days Holiday Parks Ltd is a private company limited by shares incorporated in England and Wales in the United Kingdom. The address of the registered office is Robinsons Solicitors River House, Stour Street, Canterbury, Kent, England, CT1 2NZ. The financial statements are presented in pounds sterling, which is the functional currency of the company, rounded to the nearest pound. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3). The following principal accounting policies have been applied:
| 2.2 | Going concern
There is considerable uncertainty about whether the company is a going concern, and the assets are therefore reflected in the balance sheet at their expected recoverable amount. Both the company and its Spanish subsidiary, Pueblo Fiesta S.L., have been adversely affected by a serious fire in Spain in August 2020 which resulted in stock losses amounting to £88,415.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
LAZY DAYS HOLIDAY PARKS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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. At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 25% reducing balance
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. Page 4
LAZY DAYS HOLIDAY PARKS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.6 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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. Page 5
LAZY DAYS HOLIDAY PARKS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.11 | 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. Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
Judgements and estimates are applied by the management of the company in relation to the value of freehold land.
4. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2023 - 1).
Page 6
LAZY DAYS HOLIDAY PARKS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Tangible fixed assets
|  | Freehold property | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2024 | 2,000 | 1,021 | 3,021
| At 31 December 2024 | 2,000 | 1,021 | 3,021
| Depreciation |  |  |
| At 1 January 2024 | - | 699 | 699
| Charge for the year on owned assets | - | 81 | 81
| At 31 December 2024 | - | 780 | 780
| Net book value |  |  |
| At 31 December 2024 | 2,000 | 241 | 2,241
| At 31 December 2023 | 2,000 | 322 | 2,322
| Freehold land was valued on an open market basis on 14 June 2019 by Angela Hirst, Chartered Surveyors.
| If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cost | 8,938 | 8,938
| Net book value | 8,938 | 8,938
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LAZY DAYS HOLIDAY PARKS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 991 | 991
|  | 991 | 991
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other loans | 315,775 | 325,714
| Trade creditors | 1,406 | -
| Other taxation and social security | - | 58
| Other creditors | 102,626 | 97,320
| Accruals and deferred income | 2,898 | 6,414
|  | 422,705 | 429,506
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