Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-30 2024-03-30 false 2023-03-31 7 4 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04711694 2023-03-31 2024-03-30 04711694 2022-03-31 2023-03-30 04711694 2024-03-30 04711694 2023-03-30 04711694 1 2023-03-31 2024-03-30 04711694 d:Director3 2023-03-31 2024-03-30 04711694 c:Buildings 2023-03-31 2024-03-30 04711694 c:Buildings 2024-03-30 04711694 c:Buildings 2023-03-30 04711694 c:Buildings c:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 04711694 c:PlantMachinery 2023-03-31 2024-03-30 04711694 c:PlantMachinery 2024-03-30 04711694 c:PlantMachinery 2023-03-30 04711694 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 04711694 c:MotorVehicles 2023-03-31 2024-03-30 04711694 c:MotorVehicles 2024-03-30 04711694 c:MotorVehicles 2023-03-30 04711694 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 04711694 c:OfficeEquipment 2023-03-31 2024-03-30 04711694 c:OfficeEquipment 2024-03-30 04711694 c:OfficeEquipment 2023-03-30 04711694 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 04711694 c:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 04711694 c:CurrentFinancialInstruments 2024-03-30 04711694 c:CurrentFinancialInstruments 2023-03-30 04711694 c:Non-currentFinancialInstruments 2024-03-30 04711694 c:Non-currentFinancialInstruments 2023-03-30 04711694 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-30 04711694 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-30 04711694 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-30 04711694 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-30 04711694 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-03-30 04711694 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2023-03-30 04711694 c:ShareCapital 2024-03-30 04711694 c:ShareCapital 2023-03-30 04711694 c:RevaluationReserve 2024-03-30 04711694 c:RevaluationReserve 2023-03-30 04711694 c:RetainedEarningsAccumulatedLosses 2024-03-30 04711694 c:RetainedEarningsAccumulatedLosses 2023-03-30 04711694 c:AcceleratedTaxDepreciationDeferredTax 2024-03-30 04711694 c:AcceleratedTaxDepreciationDeferredTax 2023-03-30 04711694 c:TaxLossesCarry-forwardsDeferredTax 2024-03-30 04711694 c:TaxLossesCarry-forwardsDeferredTax 2023-03-30 04711694 c:RetirementBenefitObligationsDeferredTax 2024-03-30 04711694 c:RetirementBenefitObligationsDeferredTax 2023-03-30 04711694 c:OtherDeferredTax 2024-03-30 04711694 c:OtherDeferredTax 2023-03-30 04711694 d:FRS102 2023-03-31 2024-03-30 04711694 d:AuditExempt-NoAccountantsReport 2023-03-31 2024-03-30 04711694 d:FullAccounts 2023-03-31 2024-03-30 04711694 d:PrivateLimitedCompanyLtd 2023-03-31 2024-03-30 04711694 c:HirePurchaseContracts c:WithinOneYear 2024-03-30 04711694 c:HirePurchaseContracts c:WithinOneYear 2023-03-30 04711694 c:HirePurchaseContracts c:BetweenOneFiveYears 2024-03-30 04711694 c:HirePurchaseContracts c:BetweenOneFiveYears 2023-03-30 04711694 5 2023-03-31 2024-03-30 04711694 e:PoundSterling 2023-03-31 2024-03-30 iso4217:GBP xbrli:pure

Registered number: 04711694 BARTON PARK ESTATES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 MARCH 2024
BARTON PARK ESTATES LIMITED REGISTERED NUMBER: 04711694 BALANCE SHEET AS AT 30 MARCH 2024
|  |  |  | As restated
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 4,836,372 |  | 4,681,723
Investments | 5 |  | 1,460,498 |  | 3,959,008
|  |  | 6,296,870 |  | 8,640,731
Current assets |  |  |  |  |
Stock and work in progress | 6 | 1,916,633 |  | 1,656,205 |
Debtors: amounts falling due within one year | 7 | 2,178,911 |  | 2,198,947 |
Cash at bank and in hand |  | 2,121 |  | 437 |
|  | 4,097,665 |  | 3,855,589 |
Creditors: amounts falling due within one year | 8 | (7,501,940) |  | (8,553,206) |
Net current liabilities |  |  | (3,404,275) |  | (4,697,617)
Total assets less current liabilities |  |  | 2,892,595 |  | 3,943,114
Creditors: amounts falling due after more than one year | 9 |  | (127,365) |  | (131,701)
Provisions for liabilities |  |  |  |  |
Deferred tax | 12 | (348,377) |  | (443,687) |
|  |  | (348,377) |  | (443,687)
Net assets |  |  | 2,416,853 |  | 3,367,726
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Revaluation reserve |  |  | 1,584,861 |  | 1,843,366
Profit and loss account |  |  | 831,991 |  | 1,524,359
|  |  | 2,416,853 |  | 3,367,726
Page 1
BARTON PARK ESTATES LIMITED REGISTERED NUMBER: 04711694 BALANCE SHEET (CONTINUED) AS AT 30 MARCH 2024 The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ Mr C H Barton Jnr
Director
Date: 2 October 2025
The notes on pages 3 to 12 form part of these financial statements. Page 2
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
1. | General information
Barton Park Estates Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is Offices G12-G16 City Lab, 4-6 Dalton Square, Lancaster, Lancashire, LA1 1PP. The principal activity of the Company continued to be that of a park home site. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The Company's functional and presentational currency is Pounds Sterling. The level of rounding is to the nearest £. The following principal accounting policies have been applied:
| 2.2 | Going concern
The Directors have considered the going concern basis in preparing these financial statements. They have concluded that the going concern basis is appropriate because sufficient funds will be generated from future trading and continued support from connected companies for a period of at least twelve months from the date of the approval of these financial statements to enable the company to meet its liabilities as they arise. The financial statements do not include any adjustments that would result from the withdrawal of this support.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Recharges, rent and other income Income is recognised on an accruals basis in the period to which it relates. Mobile home sales Income is recognised when the risks and rewards of ownership are transferred to the customer, usually on occupation when the park home agreement is signed or legal completion takes place.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 2.Accounting policies (continued)
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Page 4
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 2.Accounting policies (continued)
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | not depreciated
|  |  |  | Plant and machinery | - | 25% straight line
|  |  |  | Motor vehicles | - | 25% straight line
|  |  |  | Office equipment | - | 33.33% straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. No depreciation has been provided on freehold property as the property is maintained in such a state of repair that its residual value is at least equal to its net book value. As a result the corresponding depreciation would not be material, and therefore is not charged to the profit and loss account.
| 2.8 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.9 | Stock and work in progress
Stock and work in progress is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Page 5
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 2.Accounting policies (continued)
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.13 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objectives evidence of impairment is found an impairment loss is recognised in the Statement of Comprehensive Income.
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 7 (2023 - 4).
Page 6
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
4. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 31 March 2023 | 4,329,213 | 380,728 | 153,240 | 13,529 | 4,876,710
| Additions | 197,757 | 118,083 | 2,675 | 127 | 318,642
| Disposals | (3,740) | (51,585) | (65,061) | - | (120,386)
| At 30 March 2024 | 4,523,230 | 447,226 | 90,854 | 13,656 | 5,074,966
| Depreciation |  |  |  |  |
| At 31 March 2023 | - | 158,996 | 29,001 | 6,990 | 194,987
| Charge for the year on owned assets | - | 66,582 | 19,144 | 3,413 | 89,139
| Disposals | - | (37,399) | (8,133) | - | (45,532)
| At 30 March 2024 | - | 188,179 | 40,012 | 10,403 | 238,594
| Net book value |  |  |  |  |
| At 30 March 2024 | 4,523,230 | 259,047 | 50,842 | 3,253 | 4,836,372
| At 30 March 2023 | 4,329,213 | 221,732 | 124,239 | 6,539 | 4,681,723
Cost or valuation at 30 March 2024 is as follows:
|  |  | Land and buildings
|  |  | £
|  | At cost | 2,679,865
|  | At valuation: |
|  | 30 March 2024 | 1,843,365
|  |  | 4,523,230
| If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cost | 2,670,432 | 2,485,848
| Net book value | 2,670,432 | 2,485,848
Page 7
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
5. | Fixed asset investments
|  | Investments in subsidiary companies | Loans to subsidiaries | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 31 March 2023 | 2,484,209 | 1,474,799 | 3,959,008
| Additions | - | 369,239 | 369,239
| Disposals | (799,565) | (1,383,540) | (2,183,105)
| At 30 March 2024 | 1,684,644 | 460,498 | 2,145,142
| Impairment |  |  |
| Charge for the period | 684,644 | - | 684,644
| At 30 March 2024 | 684,644 | - | 684,644
| Net book value |  |  |
| At 30 March 2024 | 1,000,000 | 460,498 | 1,460,498
| At 30 March 2023 | 2,484,209 | 1,474,799 | 3,959,008
| The investment in Ross Park Homes Limited was sold on 13th April 2023. The loss on disposal is recognised in the Statement of Comprehensive Income. The investment in Calamankey Limited was previously held at historical cost of £50 and has now been fully impaired, the Company was dissolved in January 2025. The investment in Rosecliston Park Limited has been impaired by £684,644 to reflect the recoverable amount on this investment. The shares in Rosecliston Park Limited were sold post year end in August 2024.
Page 8
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
6. | Stock and work in progress
|  |  |  |  |  | As restated
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Work in progress | 588,363 | 416,479
| Stock | 1,328,270 | 1,239,726
|  | 1,916,633 | 1,656,205
| The figures from 2023 have been restated to show the split between stock and work in progress, there has been no change to the total.
7. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 4,931 | 19,230
| Amounts owed by companies under common control | 577,144 | 1,288,183
| Other debtors | 1,433,363 | 379,040
| Prepayments and accrued income | 163,473 | 512,494
|  | 2,178,911 | 2,198,947
8. | Creditors: Amounts falling due within one year
|  |  |  |  |  | As restated
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank overdrafts | - | 42,020
| Bank loans | 69,256 | 620,502
| Other loans | 230,140 | 513,811
| Trade creditors | 465,027 | 554,895
| Amounts due to companies under common control | 5,857,890 | 6,471,832
| Corporation tax | 370,855 | 271,639
| Other taxation and social security | 15,485 | 5,131
| Obligations under finance lease and hire purchase contracts | 26,159 | 10,674
| Other creditors | 451,583 | 20,232
| Accruals and deferred income | 15,545 | 42,470
|  | 7,501,940 | 8,553,206
Page 9
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 30,977 | 94,724
| Obligations under finance leases and hire purchase contracts | 96,388 | 36,977
|  | 127,365 | 131,701
| Obligations under finance leases and hire purchase contracts are secured on the assets to which they relate. Bank loans are secured by way of a fixed and floating charge over the Company's assets.
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 69,256 | 620,502
| Other loans | 230,140 | 513,811
|  | 299,396 | 1,134,313
| Amounts falling due 1-2 years |  |
| Bank loans | 30,977 | 94,724
|  | 330,373 | 1,229,037
11. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Within one year | 26,160 | 10,674
| Between 1-5 years | 96,388 | 36,977
|  | 122,548 | 47,651
Page 10
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
12. | Deferred taxation
|  | 2024
|  | £
| At beginning of year | (443,687)
| Charged to profit or loss | 353,815
| Charged to other comprehensive income | (258,505)
| At end of year | (348,377)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Accelerated capital allowances | (111,040) | (22,536)
| Losses and other deductions | 20,976 | (421,151)
| Pension surplus | 192 | -
| Revaluation | (258,505) | -
|  | (348,377) | (443,687)
13. | Prior year adjustment
A prior year adjustment has been recognised to correct the brought forward balance for corporation tax. The adjustment has reduced creditors falling due within one year and increased retained earnings by £1,512.
14. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,769 (2023 - £3,525). Contributions totalling £769 (2023 - £577) were payable to the fund at the balance sheet date and are included in creditors. Page 11
BARTON PARK ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024
15. | Related party transactions
| During the year the Company continued to operate loans with companies under common control, the amounts owed to companies under common control at the year end are £5,280,746 (2023 - £5,183,649), the balances are interest free and repayable on demand. During the year, the Company continued to operate loans with the Directors, the amount receivable from the Directors amounts to £855,326 (2023 - £157,337), this balance is repayable on demand. Interest of £22,242 (2023 - £Nil) has been charged on the overdrawn loan account. During the year, the Company entered into a loan with a close family member of the Director, the balance payable to close family members is £233,590 (2023 - £Nil). This balance is interest free and repayable on demand.
16. | Post balance sheet events
On 15 August 2024 Barton Park Estates Limited sold their 50% shareholding in Rosecliston Park Limited for £1,000,000. The value of the investment as at 30 March 2024 has been impaired to the recoverable amount.
17. | Controlling party
The ultimate controlling parties are Mr C H Barton and Mr C H Barton Junior by virtue of their majority shareholding in the Company.
Page 12