REGISTERED NUMBER: 06936016 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

COTE GHYLL CARAVAN PARK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Jonathan Sebastian Hill

Helen Hill

REGISTERED OFFICE:

Cote Ghyll

Osmotherley

Northallerton

North Yorkshire

DL6 3AH

REGISTERED NUMBER:

06936016 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

16 Omega Business Village

Thurston Road

Northallerton

North Yorkshire

DL6 2NJ

FIXED ASSETS

Intangible assets

4

55,208

67,708

Tangible assets

5

2,678,560

2,591,674

2,733,768

2,659,382

CURRENT ASSETS

Stocks

96,057

89,301

Debtors

6

41,726

25,138

Cash at bank and in hand

130,201

112,650

267,984

227,089

CREDITORS

Amounts falling due within one year

7

1,221,356

1,285,285

NET CURRENT LIABILITIES

(953,372

)

(1,058,196

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,780,396

1,601,186

CREDITORS

Amounts falling due after more than one year

8

(255,534

)

(308,121

)

PROVISIONS FOR LIABILITIES

(75,063

)

(50,591

)

NET ASSETS

1,449,799

1,242,474

CAPITAL AND RESERVES

Called up share capital

2

2

Profit and loss account

1,449,797

1,242,472

1,449,799

1,242,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:

Helen Hill - Director

Jonathan Sebastian Hill - Director

1.	STATUTORY INFORMATION

Cote Ghyll Caravan Park Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

5% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Finance costs of debt

The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

250,000

AMORTISATION

At 1 February 2024

182,292

Amortisation for year

12,500

At 31 January 2025

194,792

NET BOOK VALUE

At 31 January 2025

55,208

At 31 January 2024

67,708

5.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 February 2024

2,462,853

361,123

30,635

2,854,611

Additions

40,808

104,020

-

144,828

At 31 January 2025

2,503,661

465,143

30,635

2,999,439

DEPRECIATION

At 1 February 2024

61,933

188,383

12,621

262,937

Charge for year

11,924

41,515

4,503

57,942

At 31 January 2025

73,857

229,898

17,124

320,879

NET BOOK VALUE

At 31 January 2025

2,429,804

235,245

13,511

2,678,560

At 31 January 2024

2,400,920

172,740

18,014

2,591,674

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

41,726

25,138

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,943

50,265

Trade creditors

47,309

62,811

Taxation and social security

80,065

83,981

Other creditors

1,043,039

1,088,228

1,221,356

1,285,285

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

255,534

308,121

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loan

256,501

358,386

The obligation under bank loan is secured by a charge on the asset purchased under

this agreement.

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £2,276 (2024: £2,258). Contributions totalling £154 (2024: £162) were payable to the fund at the year end and are included in creditors.

11.	RELATED PARTY DISCLOSURES

Creditors falling due within one year include the following the directors' loans £971,320 (2024: £1,020,788).

Mrs Helen Hill is also the director of Cote Ghyll Apartments Limited.

As at 31st January 2025 £9,187 (2024: £4,986) was owing to Cote Ghyll Apartments Limited and is included in creditors.