Tenby Tourers Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07975448

Tenby Tourers Limited

Filleted Unaudited Financial Statements

For the year ended

30 December 2024

Tenby Tourers Limited

Financial Statements

Year ended 30 December 2024

Contents	Page

Officers and professional advisers	1

Report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Tenby Tourers Limited

Officers and Professional Advisers

The board of directors	Mr R Ennis
	Mrs S Ennis

Registered office	Crofty Showground
	Llanteg
	Narbeth
	SA67 8QE

Accountants	Clay Shaw Thomas Ltd

	2 Oldfield Road
	Bocam Park
	Bridgend
	CF35 5LJ

Bankers	HSBC
	65 Main Street
	Pembroke
	Pembrokeshire
	SA71 4DW

Tenby Tourers Limited

Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Tenby Tourers Limited

Year ended 30 December 2024

Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Tenby Tourers Limited You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Clay Shaw Thomas Ltd

2 Oldfield Road Bocam Park Bridgend CF35 5LJ

11 December 2025

Tenby Tourers Limited

Statement of Financial Position

30 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5		302,809	338,374

Current assets

Stocks		864,917	1,039,347
Debtors	6	994,918	1,236,079
Cash at bank and in hand		395,637	34,334
		------------	------------
		2,255,472	2,309,760

Creditors: amounts falling due within one year	7	711,160		788,400
		------------		------------
Net current assets			1,544,312	1,521,360
			------------	------------
Total assets less current liabilities			1,847,121	1,859,734

Creditors: amounts falling due after more than one year	8		333,832	344,997

Provisions

Taxation including deferred tax	( 3,927)	1,980
	------------	------------
Net assets	1,517,216	1,512,757
	------------	------------

Capital and reserves

Called up share capital	1	1
Profit and loss account	1,517,215	1,512,756
	------------	------------
Shareholders funds	1,517,216	1,512,757
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Tenby Tourers Limited

Statement of Financial Position (continued)

30 December 2024

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mrs S Ennis

Director

Company registration number: 07975448

Tenby Tourers Limited

Notes to the Financial Statements

Year ended 30 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Crofty Showground, Llanteg, Narbeth, SA67 8QE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director has assessed whether there are any material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. In assessing whether the going concern assumption is appropriate, the director has taken in to account all available information about the future, and conclude that the company has adequate resources to to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the year for sale of caravans, accessories and other sales, exclusive of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Commission income is recognised when the company’s right to receive payment is established. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	10% straight line
Motor vehicles	-	15% reducing balance
	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2023: 12 ).

5. Tangible assets

	Leasehold improvements	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 31 Dec 2023 and 30 Dec 2024	124,992	12,095	6,943	256,950	554	401,534
	---------	--------	-------	---------	----	---------
Depreciation
At 31 Dec 2023	–	10,457	3,412	49,215	76	63,160
Charge for the year	–	409	694	34,351	111	35,565
	---------	--------	-------	---------	----	---------
At 30 Dec 2024	–	10,866	4,106	83,566	187	98,725
	---------	--------	-------	---------	----	---------
Carrying amount
At 30 Dec 2024	124,992	1,229	2,837	173,384	367	302,809
	---------	--------	-------	---------	----	---------
At 30 Dec 2023	124,992	1,638	3,531	207,735	478	338,374
	---------	--------	-------	---------	----	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 December 2024	145,386
	---------
At 30 December 2023	171,042
	---------

6. Debtors

	2024	2023
	£	£
Trade debtors	115,647	208,141
Amounts owed by related parties	868,843	1,018,333
Other debtors	10,428	9,605
	---------	------------
	994,918	1,236,079
	---------	------------

The debtors above include the following amounts falling due after more than one year:

	2024	2023
	£	£
Amounts owed by related parties	772,745	922,234
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	599,931	645,219
Social security and other taxes	16,513	84,145
Other creditors	94,716	59,036
	---------	---------
	711,160	788,400
	---------	---------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Amounts owed to related parties	224,328	217,350
Other creditors	109,504	127,647
	---------	---------
	333,832	344,997
	---------	---------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2024	2023
	£	£
Not later than 1 year	1,620	1,620
Later than 1 year and not later than 5 years	1,755	3,375
	-------	-------
	3,375	4,995
	-------	-------

10. Directors' advances, credit and guarantees

The following transactions occurred during the year in respect of Mrs S Ennis ' directors loan account:


		£
	Balance owed from the company at 31 December 2023	21,515
	Advanced	–
	Withdrawn	(17,727)
		--------
	Balance owed from the company at 30 December 2024	3,788
		--------

There are no fixed repayment terms or interest payable on this loan.

11. Related party transactions

During the year the company incurred recharged costs of £24,466 (2023: £52,592) from Zed Ten Caravans & Transport Limited. Included in creditors is a balance of £224,328 (2023: £217,350) due to Zed Ten Caravans & Transport Limited, a company under common control. During the year the company recharged costs of £181,904 (2023: £48,994) to Ocean Leisure Parks Ltd. Included in debtors is a balance of £599,021 (2023: £781,273) due from Ocean Leisure Parks Ltd a company under common control. Included in debtors is a balance of £96,099 (2023: £96,099) due from Tenby Tourers Caravan & Camping Limited, a company under common control. During the year the company recharged costs of £24,670 (2023: £29,332) to Sardis Leisure Park Limited. Included in debtors is a balance of £173,723 (2023: £140,961) due from Sardis Leisure Park Limited, a company under common control.

12. Ultimate controlling party

The company is under the control of the director, Sharon Ennis who owns 100% of the issued share capital.