REGISTERED NUMBER: 02924615 (England and Wales)

Angecroft Caravan Park Limited

Unaudited Financial Statements

for the period

30th December 2023 to 29th June 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

7

Director:

K A Newton

Secretary:

K A Newton

Registered office:

Halidon House

17D Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

TD15 1TB

Business address:

Ettrick

Selkirk

TD7 5HY

Registered number:

02924615 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Intangible assets

4

-

14,000

Tangible assets

5

-

473,294

-

487,294

Current assets

Stocks

-

74,440

Debtors

6

8,317

15,930

Cash at bank

700,496

4,023

708,813

94,393

Creditors

Amounts falling due within one year

7

432,560

270,614

Net current assets/(liabilities)

276,253

(176,221

)

Total assets less current liabilities

276,253

311,073

Provisions for liabilities

-

22,989

Net assets

276,253

288,084

Capital and reserves

Called up share capital

260,000

260,000

Retained earnings

16,253

28,084

Shareholders' funds

276,253

288,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29th June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29th June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16th June 2026 and were signed by:

K A Newton - Director

1.	Statutory information

Angecroft 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 represents the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, was being amortised evenly over its estimated useful life of twenty years. Goodwill was sold during the period.

Tangible fixed assets

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

Land

-

Nil

Lodges

-

5% on reducing balance

Property improvements

-

2% on cost

Fixtures and fittings

-

20% on cost

Office equipment

-

20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks

Stock is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and appropriate proportion of fixed and variable overheads. Net realisable value is based on estimated selling prices less further costs expected to be incurred in bringing the stock to completion.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals and directors' loans.

Directors' loans (being repayable on demand), trade debtors, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the period 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 period 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern

The caravan park was sold during the period and the company has ceased trading.

3.	Employees and directors

The average number of employees during the period was 2 (2023 - 3 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 30th December 2023

70,000

Disposals

(70,000

)

At 29th June 2025

-

Amortisation

At 30th December 2023

56,000

Amortisation for period

4,958

Eliminated on disposal

(60,958

)

At 29th June 2025

-

Net book value

At 29th June 2025

-

At 29th December 2023

14,000

5.	Tangible fixed assets

Property

Land

Lodges

improveme

£

£

£

Cost

At 30th December 2023

290,828

295,623

22,788

Disposals

(290,828

)

(295,623

)

(22,788

)

At 29th June 2025

-

-

-

Depreciation

At 30th December 2023

-

135,294

987

Charge for period

-

11,356

646

Eliminated on disposal

-

(146,650

)

(1,633

)

At 29th June 2025

-

-

-

Net book value

At 29th June 2025

-

-

-

At 29th December 2023

290,828

160,329

21,801

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

Cost

At 30th December 2023

28,759

1,567

639,565

Disposals

(28,759

)

(1,567

)

(639,565

)

At 29th June 2025

-

-

-

Depreciation

At 30th December 2023

28,579

1,411

166,271

Charge for period

108

116

12,226

Eliminated on disposal

(28,687

)

(1,527

)

(178,497

)

At 29th June 2025

-

-

-

Net book value

At 29th June 2025

-

-

-

At 29th December 2023

180

156

473,294

6.

Debtors: amounts falling due within one year

2025

2023

£

£

Trade debtors

7,262

15,930

Other debtors

1,055

-

8,317

15,930

7.

Creditors: amounts falling due within one year

2025

2023

£

£

Trade creditors

149,679

10,278

Taxation and social security

4,815

101,851

Other creditors

278,066

158,485

432,560

270,614