Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 true true false 2024-01-01 No description of principal activity 4 4 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05196802 2024-01-01 2024-12-31 05196802 2023-01-01 2023-12-31 05196802 2024-12-31 05196802 2023-12-31 05196802 c:Director1 2024-01-01 2024-12-31 05196802 d:Buildings 2024-01-01 2024-12-31 05196802 d:Buildings 2024-12-31 05196802 d:Buildings 2023-12-31 05196802 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05196802 d:PlantMachinery 2024-01-01 2024-12-31 05196802 d:PlantMachinery 2024-12-31 05196802 d:PlantMachinery 2023-12-31 05196802 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05196802 d:FurnitureFittings 2024-01-01 2024-12-31 05196802 d:FurnitureFittings 2024-12-31 05196802 d:FurnitureFittings 2023-12-31 05196802 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05196802 d:ComputerEquipment 2024-01-01 2024-12-31 05196802 d:ComputerEquipment 2024-12-31 05196802 d:ComputerEquipment 2023-12-31 05196802 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05196802 d:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 05196802 d:OtherPropertyPlantEquipment 2024-12-31 05196802 d:OtherPropertyPlantEquipment 2023-12-31 05196802 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05196802 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05196802 d:Goodwill 2024-12-31 05196802 d:Goodwill 2023-12-31 05196802 d:CurrentFinancialInstruments 2024-12-31 05196802 d:CurrentFinancialInstruments 2023-12-31 05196802 d:Non-currentFinancialInstruments 2024-12-31 05196802 d:Non-currentFinancialInstruments 2023-12-31 05196802 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05196802 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05196802 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 05196802 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05196802 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 05196802 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 05196802 d:ShareCapital 2024-12-31 05196802 d:ShareCapital 2023-12-31 05196802 d:RetainedEarningsAccumulatedLosses 2024-12-31 05196802 d:RetainedEarningsAccumulatedLosses 2023-12-31 05196802 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 05196802 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 05196802 c:OrdinaryShareClass1 2024-01-01 2024-12-31 05196802 c:OrdinaryShareClass1 2024-12-31 05196802 c:OrdinaryShareClass1 2023-12-31 05196802 c:FRS102 2024-01-01 2024-12-31 05196802 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05196802 c:FullAccounts 2024-01-01 2024-12-31 05196802 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05196802 2 2024-01-01 2024-12-31 05196802 d:Goodwill d:OwnedIntangibleAssets 2024-01-01 2024-12-31 05196802 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05196802 PENDDOL HOLIDAY PARK LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
PENDDOL HOLIDAY PARK LIMITED REGISTERED NUMBER: 05196802 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 5 |  | - |  | 15,000
Tangible assets | 6 |  | 692,295 |  | 692,204
|  |  | 692,295 |  | 707,204
Current assets |  |  |  |  |
Stocks | 7 | 48,400 |  | 27,500 |
Debtors: amounts falling due within one year | 8 | 255,640 |  | 378,772 |
Cash at bank and in hand | 9 | 8,859 |  | 31,767 |
|  | 312,899 |  | 438,039 |
Creditors: amounts falling due within one year | 10 | (39,967) |  | (192,155) |
Net current assets |  |  | 272,932 |  | 245,884
Total assets less current liabilities |  |  | 965,227 |  | 953,088
Creditors: amounts falling due after more than one year | 11 |  | - |  | (5,252)
Provisions for liabilities |  |  |  |  |
Deferred tax | 13 | (11,357) |  | (1,525) |
|  |  | (11,357) |  | (1,525)
Net assets |  |  | 953,870 |  | 946,311
Capital and reserves |  |  |  |  |
Called up share capital | 14 |  | 99 |  | 99
Profit and loss account |  |  | 953,771 |  | 946,212
|  |  | 953,870 |  | 946,311
Page 1
PENDDOL HOLIDAY PARK LIMITED REGISTERED NUMBER: 05196802 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 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 29 July 2025.
J E Williams
Director
The notes on pages 3 to 14 form part of these financial statements. Page 2
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Penddol Holiday Park Limited, 05196802, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Ffinnant, Trefeglwys, Caersws, Powys, SY17 5QY. The principal activity of the company continues to be leisure related activities. On 19 February 2025 the Company name was changed from Mid Wales Shooting Centre Limited to Penddol Holiday Park Limited. 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. Page 3
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 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.
| 2.7 | Intangible assets
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life which is considered to be 10 years. Page 4
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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 reducing balance and straight line basis. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | straight line on buildings
|  |  |  | Plant and machinery | - | 25% | reducing balance
|  |  |  | Fixtures and fittings | - | 25% | reducing balance
|  |  |  | Computer equipment | - | 25% | straight line
|  |  |  | Site improvements | - | 2% | 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 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is 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.
| 2.10 | 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.
| 2.11 | 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. Page 5
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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.
| 2.15 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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 or future events that are believed to be reasonable under the circumstances. The Company makes estimates and assumptions concerning the future. The resulting accounting estimated will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor 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 4 (2023 - 4).
Page 6
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 January 2024 | 150,000
| At 31 December 2024 | 150,000
| Amortisation |
| At 1 January 2024 | 135,000
| Charge for the year on owned assets | 15,000
| At 31 December 2024 | 150,000
| Net book value |
| At 31 December 2024 | -
| At 31 December 2023 | 15,000
Page 7
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Fixtures and fittings | Computer equipment | Site improvements
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 January 2024 | 757,564 | 17,750 | 1,536 | 9,133 | 18,134
| Additions | - | 4,456 | 8,500 | - | -
| Disposals | - | (408) | - | - | -
| At 31 December 2024 | 757,564 | 21,798 | 10,036 | 9,133 | 18,134
| Depreciation |  |  |  |  |
| At 1 January 2024 | 86,350 | 14,132 | 483 | 9,133 | 1,815
| Charge for the year on owned assets | 9,052 | 1,163 | 2,215 | - | 363
| Disposals | - | (336) | - | - | -
| At 31 December 2024 | 95,402 | 14,959 | 2,698 | 9,133 | 2,178
| Net book value |  |  |  |  |
| At 31 December 2024 | 662,162 | 6,839 | 7,338 | - | 15,956
| At 31 December 2023 | 671,214 | 3,618 | 1,053 | - | 16,319
Page 8
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 6.Tangible fixed assets (continued)
|  | Total
|  | £
| Cost or valuation |
| At 1 January 2024 | 804,117
| Additions | 12,956
| Disposals | (408)
| At 31 December 2024 | 816,665
| Depreciation |
| At 1 January 2024 | 111,913
| Charge for the year on owned assets | 12,793
| Disposals | (336)
| At 31 December 2024 | 124,370
| Net book value |
| At 31 December 2024 | 692,295
| At 31 December 2023 | 692,204
Page 9
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Caravan stocks | 48,400 | 27,500
|  | 48,400 | 27,500
8. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 8,361 | 100,300
| Amounts owed by group undertakings | 246,440 | 274,734
| Other debtors | - | 2,566
| Prepayments and accrued income | 839 | 1,172
|  | 255,640 | 378,772
9. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 8,859 | 31,767
|  | 8,859 | 31,767
Page 10
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
10. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 4,832 | 55,283
| Trade creditors | 5,358 | 5,535
| Amounts owed to group undertakings | 3,500 | 3,500
| Other taxation and social security | 6,322 | 28,539
| Other creditors | 3,920 | 10,110
| Accruals and deferred income | 16,035 | 89,188
|  | 39,967 | 192,155
| The following liabilities were secured:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 4,832 | 55,283
|  | 4,832 | 55,283
| Details of security provided:
The bank loans are secured upon the assets of the Company. Page 11
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
11. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | - | 5,252
|  | - | 5,252
| The following liabilities were secured:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | - | 5,252
|  | - | 5,252
| Details of security provided:
The bank loans are secured upon the assets of the Company.
12. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 4,832 | 55,283
|  | 4,832 | 55,283
| Amounts falling due 1-2 years |  |
| Bank loans | - | 5,252
|  | - | 5,252
|  | 4,832 | 60,535
Page 12
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
13. | Deferred taxation
|  | 2024
|  | £
| At beginning of year | 1,525
| Charged in year | 9,832
| At end of year | 11,357
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Accelerated capital allowances | 11,357 | 1,525
|  | 11,357 | 1,525
14. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 99 (2023 - 99) Ordinary shares of £1.00 each | 99 | 99
15. | Related party transactions
| Included within amounts owed by group undertakings is an amount due in the sum of £238,040 (2023: £269,854) from Meadow Springs Limited (Mr J E Williams is a director of both companies). Repayments of £33,782 have been received in the period and no interest has been charged on the amount. Loan advances have been made in the sum of £1,968. The balance is repayable on demand. Included within amounts owed by group undertakings is an amount due in the sum of £8,400 (2023: £4,880) from Holiday Park (Carno) Limited (Mr J E Williams is a director of both companies). Repayments of £675 have been received in the period and no interest has been charged on the amount. The balance is repayable on demand. Loan advances have been made in the sum of £4,195. Included within amounts owed to group undertakings is an amount due in the sum of £3,500 (2023: £3,500) to The Oaks Leisure Group Limited (Mr J E Williams is a director of both companies). No repayments have been made in the period and no interest has been charged on the amount. The balance is repayable on demand.
Page 13
PENDDOL HOLIDAY PARK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
16. | Controlling party
The ultimate holding company is The Oaks Leisure Group Limited, which own 100% of the issued share capital, and is a UK registered company. The registered office address is the same as this Company.
Page 14