REGISTERED NUMBER: 03308570 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SWEEPCHARM LIMITED

TRADING AS

BEMPTON CHALET PARK

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Stainforth

S Stainforth

C M Stainforth

C J Stainforth

SECRETARY:

S Stainforth

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

REGISTERED NUMBER:

03308570 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,736,900

2,650,869

2,736,900

2,650,869

CURRENT ASSETS

Stocks

155,385

64,765

Debtors

6

542,208

487,680

Cash at bank and in hand

2,539,183

2,315,422

3,236,776

2,867,867

CREDITORS

Amounts falling due within one year

7

376,714

315,852

NET CURRENT ASSETS

2,860,062

2,552,015

TOTAL ASSETS LESS CURRENT LIABILITIES

5,596,962

5,202,884

PROVISIONS FOR LIABILITIES

31,057

12,264

NET ASSETS

5,565,905

5,190,620

CAPITAL AND RESERVES

Called up share capital

8

35,100

35,100

Non-distributable reserve

9

153,104

98,599

Retained earnings

9

5,377,701

5,056,921

SHAREHOLDERS' FUNDS

5,565,905

5,190,620

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

J M Stainforth - Director

C M Stainforth - Director

S Stainforth - Director

C J Stainforth - Director

1.	STATUTORY INFORMATION

Sweepcharm 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 as modified by the revaluation of certain assets.

Turnover

Turnover is derived from caravan park operations and crop sales, and is recognised on exchange of the goods or services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, has been amortised over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

on valuation

Park equipment

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Freehold property comprises buildings, depreciated at a rate of 2% on a straight line basis, and land which is not depreciated.

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 Income Statement, 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 the statement of income in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

17,500

AMORTISATION

At 1 February 2024

and 31 January 2025

17,500

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 February 2024

2,923,962

348,524

3,272,486

Additions

-

109,713

109,713

At 31 January 2025

2,923,962

458,237

3,382,199

DEPRECIATION

At 1 February 2024

294,889

326,728

621,617

Charge for year

16,400

7,282

23,682

At 31 January 2025

311,289

334,010

645,299

NET BOOK VALUE

At 31 January 2025

2,612,673

124,227

2,736,900

At 31 January 2024

2,629,073

21,796

2,650,869

A valuation was done in 2014 on transition to FRS 102 and is classed as deemed cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

24

1,520

Amounts owed by associates

484,540

482,987

Other debtors

57,644

3,173

542,208

487,680

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

118,502

17,411

Taxation and social security

116,521

138,281

Other creditors

141,691

160,160

376,714

315,852

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

35,100

Ordinary

£1

35,100

35,100

9.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 February 2024

5,056,921

98,599

5,155,520

Profit for the year

416,099

416,099

Dividends

(40,814

)

(40,814

)

Transfer to non-distributable reserve

(54,505

)

54,505

-

At 31 January 2025

5,377,701

153,104

5,530,805