REGISTERED NUMBER: 10374971 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Ty Canol Caravan Park Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

Mrs P A Davies

T G Wilson

J Wilson

REGISTERED OFFICE:

Ty Canol Caravan Park

Llangollen,

Denbighshire,

LL20 8DD

REGISTERED NUMBER:

10374971 (England and Wales)

ACCOUNTANTS:

DWilkinson&Company

Bank House

27 King Street

Leeds

West Yorkshire

LS1 2HL

FIXED ASSETS

Tangible assets

4

297,907

292,666

CURRENT ASSETS

Debtors

5

360,504

241,496

Cash at bank and in hand

4,610

53,552

365,114

295,048

CREDITORS

Amounts falling due within one year

6

586,498

527,053

NET CURRENT LIABILITIES

(221,384

)

(232,005

)

TOTAL ASSETS LESS CURRENT LIABILITIES

76,523

60,661

PROVISIONS FOR LIABILITIES

7

9,416

7,860

NET ASSETS

67,107

52,801

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

67,007

52,701

SHAREHOLDERS' FUNDS

67,107

52,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mrs P A Davies - Director

1.	STATUTORY INFORMATION

Ty Canol 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.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 January 2024

248,351

69,785

38,374

Additions

-

-

18,000

At 31 December 2024

248,351

69,785

56,374

DEPRECIATION

At 1 January 2024

-

38,322

28,468

Charge for year

-

6,979

5,581

At 31 December 2024

-

45,301

34,049

NET BOOK VALUE

At 31 December 2024

248,351

24,484

22,325

At 31 December 2023

248,351

31,463

9,906

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

3,368

3,500

1,359

364,737

Additions

-

-

1,125

19,125

At 31 December 2024

3,368

3,500

2,484

383,862

DEPRECIATION

At 1 January 2024

1,534

2,916

831

72,071

Charge for year

275

146

903

13,884

At 31 December 2024

1,809

3,062

1,734

85,955

NET BOOK VALUE

At 31 December 2024

1,559

438

750

297,907

At 31 December 2023

1,834

584

528

292,666

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

28,647

126,200

Other debtors

328,447

115,296

Prepayments

3,410

-

360,504

241,496

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

350,051

303,025

Trade creditors

201,134

179,323

Tax

30,542

30,702

Social security and other taxes

287

-

VAT

2,357

12,253

Other creditors

371

17

Accrued expenses

1,756

1,733

586,498

527,053

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

9,416

7,860

Deferred

tax

£

Balance at 1 January 2024

7,860

Balance at 31 December 2024

7,860

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

80

Ordinary A

1

80

80

10

Ordinary B

1

10

10

10

Ordinary C

1

10

10

100

100