Trevornick Holiday Park Limited - Limited company - abbreviated - 11.6
Trevornick Holiday Park Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| TREVORNICK HOLIDAY PARK LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| TREVORNICK HOLIDAY PARK LIMITED (REGISTERED NUMBER: 07457537) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| TREVORNICK HOLIDAY PARK LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| TREVORNICK HOLIDAY PARK LIMITED (REGISTERED NUMBER: 07457537) |
| ABBREVIATED BALANCE SHEET |
| 28 FEBRUARY 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 3 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors on |
| TREVORNICK HOLIDAY PARK LIMITED (REGISTERED NUMBER: 07457537) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax, which are mainly derived from the |
| rental of holiday tents and camping & touring pitches for short term holiday lettings and associated ancillary services. |
| Revenue from the let of holiday tents and pitches is recognised on the first day of the holiday letting period. All ancillary |
| services are recognised on the date that they occur. All deposits for holidays that are subsequently cancelled are recognised |
| on the cancellation date. |
| Tangible fixed assets |
| Freehold property | - |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| In accordance with the UK GAAP no depreciation is charged on the land owned by the company. This land is included within |
| Freehold Property and is valued at £4,704,617 (2013: £4,704,617). The remainder of Freehold Property relates to buildings |
| on the premises which is depreciated at 2% on a straight line basis. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. Included within stock are the eurotents, which have a useful economic life of 4 years. |
| Deferred tax |
| Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different |
| from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences |
| which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply |
| when the timing differences reverse, based on current tax rates and laws. |
| Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no |
| commitment to sell the asset. |
| Deferred tax assets and liabilities are not discounted. |
| Deferred government grants |
| Deferred government grants in respect of capital expenditure intended to develop the trade and assets of the company are |
| treated as deferred income and are credited to the profit and loss accounts on a straight line basis of 25 years. |
| Government grant assistance of a revenue nature is credited to the profit and loss account in the same period as the related |
| expenditure. |
| TREVORNICK HOLIDAY PARK LIMITED (REGISTERED NUMBER: 07457537) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| Additions |
| Disposals | ( |
) |
| At 28 February 2015 |
| DEPRECIATION |
| At 1 March 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 189,276 | - |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| ORDINARY | £1 |
| A | £1 |
| B | £1 |
| C | £1 |
| D | £1 |
| 640 | 640 |