Registration number: 03678632

Amperswick Limited

trading as Firs Caravan Park

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 10

Amperswick Limited

trading as Firs Caravan Park

Company Information

Directors

H R Senchell I J Senchell

Company secretary

I J Senchell

Registered office

29-31 London Road Little Clacton Clacton on Sea Essex CO16 9RN

Bankers

Lloyds TSB Bank plc 1 West Avenue Clacton-on-Sea Essex CO15 1QP

Accountants

Lambert Chapman LLP Chartered Accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Amperswick Limited

trading as Firs Caravan Park

(Registration number: 03678632)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	379,435	421,988
Tangible assets	5	2,209,064	2,252,318
		2,588,499	2,674,306
Current assets
Stocks		487,563	493,396
Debtors	7	20,624	26,835
Other financial assets	6	87,951	-
Cash at bank and in hand		225,736	717,191
		821,874	1,237,422
Creditors: Amounts falling due within one year	8	(747,769)	(833,028)
Net current assets		74,105	404,394
Total assets less current liabilities		2,662,604	3,078,700
Creditors: Amounts falling due after more than one year	8	(616,583)	(1,087,219)
Provisions for liabilities		(28,703)	(13,003)
Net assets		2,017,318	1,978,478
Capital and reserves
Called up share capital	9	100	100
Retained earnings		2,017,218	1,978,378
Shareholders' funds		2,017,318	1,978,478

Amperswick Limited

trading as Firs Caravan Park

(Registration number: 03678632)
Balance Sheet as at 31 December 2024

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 September 2025 and signed on its behalf by:
 

H R Senchell Director

I J Senchell Company secretary and director

Amperswick Limited

trading as Firs Caravan Park

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 29-31 London Road, Little Clacton, Clacton on Sea, Essex, CO16 9RN.

The principal place of business is: T/A Firs Caravan Park, 29 - 31 London Road, Little Clacton, Clacton on Sea, Essex, CO16 9RN.

These financial statements were authorised for issue by the Board on 9 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the operating of the caravan park and the selling of caravans. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Government grants

Government grants are assistance by government in the form of a transfer of resources to an entity in return for past or future compliance with specified conditions relating to the operating activities of the entity. Grants are recognised in the profit and loss account at the date they are received, under the performance model.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary material differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Amperswick Limited

trading as Firs Caravan Park

Notes to the Financial Statements for the Year Ended 31 December 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% straight line method
Plant and machinery	15% reducing balance method and 2% straight line method
Office and computer equipment	15% & 33% reducing balance method
Motor vehicles	25% reducing balance method

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Amperswick Limited

trading as Firs Caravan Park

Notes to the Financial Statements for the Year Ended 31 December 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2023 - 16).

Amperswick Limited

trading as Firs Caravan Park

Notes to the Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2024	851,068	851,068
At 31 December 2024	851,068	851,068
Amortisation
At 1 January 2024	429,080	429,080
Amortisation charge	42,553	42,553
At 31 December 2024	471,633	471,633
Carrying amount
At 31 December 2024	379,435	379,435
At 31 December 2023	421,988	421,988

5	Tangible assets

	Freehold property £	Office and computer equipment £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 January 2024	2,427,193	81,392	119,371	109,326	2,737,282
At 31 December 2024	2,427,193	81,392	119,371	109,326	2,737,282
Depreciation
At 1 January 2024	302,257	66,730	102,259	13,718	484,964
Charge for the year	22,041	2,594	4,278	14,341	43,254
At 31 December 2024	324,298	69,324	106,537	28,059	528,218
Carrying amount
At 31 December 2024	2,102,895	12,068	12,834	81,267	2,209,064
At 31 December 2023	2,124,936	14,662	17,112	95,608	2,252,318

Amperswick Limited

trading as Firs Caravan Park

Notes to the Financial Statements for the Year Ended 31 December 2024

6	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Current financial assets
Cost or valuation
At 1 January 2024	87,951	87,951
At 31 December 2024	87,951	87,951
Impairment
Carrying amount
At 31 December 2024	87,951	87,951

7

Debtors

	2024 £	2023 £
Trade debtors	8,995	17,061
Other debtors	6,301	3,001
Prepayments	5,328	6,773
	20,624	26,835

Amperswick Limited

trading as Firs Caravan Park

Notes to the Financial Statements for the Year Ended 31 December 2024

8

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	10	85,642	77,069
Trade creditors		10,503	155,400
Taxation and social security		62,859	57,056
Other creditors		512,463	478,735
Accruals and deferred income		76,302	64,768
		747,769	833,028