Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 04753763 Mr Lee Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04753763 2024-05-31 04753763 2025-05-31 04753763 2024-06-01 2025-05-31 04753763 frs-core:CurrentFinancialInstruments 2025-05-31 04753763 frs-core:Non-currentFinancialInstruments 2025-05-31 04753763 frs-core:BetweenOneFiveYears 2025-05-31 04753763 frs-core:ComputerEquipment 2025-05-31 04753763 frs-core:ComputerEquipment 2024-06-01 2025-05-31 04753763 frs-core:ComputerEquipment 2024-05-31 04753763 frs-core:FurnitureFittings 2025-05-31 04753763 frs-core:FurnitureFittings 2024-06-01 2025-05-31 04753763 frs-core:FurnitureFittings 2024-05-31 04753763 frs-core:MotorVehicles 2025-05-31 04753763 frs-core:MotorVehicles 2024-06-01 2025-05-31 04753763 frs-core:MotorVehicles 2024-05-31 04753763 frs-core:PlantMachinery 2025-05-31 04753763 frs-core:PlantMachinery 2024-06-01 2025-05-31 04753763 frs-core:PlantMachinery 2024-05-31 04753763 frs-core:WithinOneYear 2025-05-31 04753763 frs-core:ShareCapital 2025-05-31 04753763 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 04753763 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04753763 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 04753763 frs-bus:SmallEntities 2024-06-01 2025-05-31 04753763 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 04753763 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04753763 frs-bus:Director1 2024-06-01 2025-05-31 04753763 frs-countries:EnglandWales 2024-06-01 2025-05-31 04753763 2023-05-31 04753763 2024-05-31 04753763 2023-06-01 2024-05-31 04753763 frs-core:CurrentFinancialInstruments 2024-05-31 04753763 frs-core:Non-currentFinancialInstruments 2024-05-31 04753763 frs-core:BetweenOneFiveYears 2024-05-31 04753763 frs-core:WithinOneYear 2024-05-31 04753763 frs-core:ShareCapital 2024-05-31 04753763 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 04753763
The Oaks Caravan Park Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04753763
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,793 43,773
33,793 43,773
CURRENT ASSETS
Stocks 5 36,500 75,400
Debtors 6 16,622 40,864
Cash at bank and in hand 47,442 49,583
100,564 165,847
Creditors: Amounts Falling Due Within One Year 7 (47,182 ) (110,051 )
NET CURRENT ASSETS (LIABILITIES) 53,382 55,796
TOTAL ASSETS LESS CURRENT LIABILITIES 87,175 99,569
Creditors: Amounts Falling Due After More Than One Year 8 (17,505 ) (21,668 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,421 ) (8,317 )
NET ASSETS 63,249 69,584
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 63,247 69,582
SHAREHOLDERS' FUNDS 63,249 69,584
Page 1
Page 2
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Lee Brown
Director
12th September 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Oaks Caravan Park Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04753763 . The registered office is 9 Byford Court Crockatt Road, Hadleigh, Ipswich, Suffolk, IP7 6RD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the sales of goods and services, is recognised on dispatch of the goods or provision of the service and excludes value added tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 15% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2024 6,669 73,843 1,645 4,394 86,551
Additions - - - 309 309
Disposals - (4,265 ) - - (4,265 )
As at 31 May 2025 6,669 69,578 1,645 4,703 82,595
Depreciation
As at 1 June 2024 1,941 38,088 1,256 1,493 42,778
Provided during the period 709 8,905 58 482 10,154
Disposals - (4,130 ) - - (4,130 )
As at 31 May 2025 2,650 42,863 1,314 1,975 48,802
Net Book Value
As at 31 May 2025 4,019 26,715 331 2,728 33,793
As at 1 June 2024 4,728 35,755 389 2,901 43,773
5. Stocks
2025 2024
£ £
Stock 36,500 75,400
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 14,115 35,927
Other debtors 2,507 4,937
16,622 40,864
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,699 4,424
Other creditors 37,705 102,891
Taxation and social security 4,778 2,736
47,182 110,051
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,505 21,668
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9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,699 4,424
Later than one year and not later than five years 17,505 21,668
22,204 26,092
22,204 26,092
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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