REGISTERED NUMBER: 03405806 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Capel Elen Caravan Park Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr B J Meldrum

Mrs D J Meldrum

REGISTERED OFFICE:

Capel Elen Caravan Park Ltd

Lligwy Bay

Dulas

Ynys Mon

LL70 9PQ

REGISTERED NUMBER:

03405806 (England and Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

4

1,303,203

1,174,369

CURRENT ASSETS

Debtors

5

524,904

569,743

CREDITORS

Amounts falling due within one year

6

412,365

275,353

NET CURRENT ASSETS

112,539

294,390

TOTAL ASSETS LESS CURRENT LIABILITIES

1,415,742

1,468,759

CREDITORS

Amounts falling due after more than one year

7

(790,445

)

(872,623

)

PROVISIONS FOR LIABILITIES

(37,670

)

(47,861

)

NET ASSETS

587,627

548,275

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

587,527

548,175

SHAREHOLDERS' FUNDS

587,627

548,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 8 October 2025 and were signed on its behalf by:

Mr B J Meldrum - Director

1.	STATUTORY INFORMATION

Capel Elen 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

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 4% straight line on applicable items only

Improvements to property - 4% straight line

Plant & machinery - 20% reducing balance

Motor vehicles - 20% reducing balance

Computer equipment - 20% reducing balance

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

1,017,612

465,097

1,482,709

Additions

203,173

-

203,173

Disposals

-

(18,500

)

(18,500

)

At 31 March 2025

1,220,785

446,597

1,667,382

DEPRECIATION

At 1 April 2024

40,329

268,011

308,340

Charge for year

28,733

30,806

59,539

Eliminated on disposal

-

(3,700

)

(3,700

)

At 31 March 2025

69,062

295,117

364,179

NET BOOK VALUE

At 31 March 2025

1,151,723

151,480

1,303,203

At 31 March 2024

977,283

197,086

1,174,369

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by associates

293,681

293,256

Other debtors

231,223

276,487

524,904

569,743

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

158,000

58,249

Hire purchase contracts

-

2,039

Payments on account

8

8

Taxation and social security

56,460

7,277

Other creditors

197,897

207,780

412,365

275,353

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

790,445

872,623

8.	RELATED PARTY DISCLOSURES

The overdrawn directors' loan balance of £174,844 (2024: £201,960) and included in the other debtors figure relates to monies which had been transferred to Meldrum Leisure LLP in previous years.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Capel Elen Caravan Park Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Capel Elen Caravan Park Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Capel Elen Caravan Park Limited and state those matters that we have agreed to state to the Board of Directors of Capel Elen Caravan Park Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Capel Elen Caravan Park Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Capel Elen Caravan Park Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Capel Elen Caravan Park Limited. You consider that Capel Elen Caravan Park Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Capel Elen Caravan Park Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

10 October 2025