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REGISTERED NUMBER: 01779036 (England and Wales)















ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2019

FOR

HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED

HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED (REGISTERED NUMBER: 01779036)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2019










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2019







DIRECTORS: Mr Thomas Scarrott
Mr William Barker
Mrs Jacqueline Scarrott
Mrs Hebhzibah Barker



SECRETARY: Mrs Jacqueline Scarrott



REGISTERED OFFICE: The Holiday Village
Clarach Bay
Aberystwyth
Ceredigion
SY23 3DT



REGISTERED NUMBER: 01779036 (England and Wales)



ACCOUNTANTS: R Pau & Co Limited
Chartered Certified Accountants
12-16 Station Street East
Coventry
West Midlands
CV6 5FJ



BANKERS: HSBC Bank Plc
46 Fore Street
Trowbridge
Wiltshire
BA14 8EL

HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED (REGISTERED NUMBER: 01779036)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30TH APRIL 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 2,245,292 2,136,146
2,245,293 2,136,147

CURRENT ASSETS
Stocks 989,451 689,649
Debtors 445,183 436,204
Cash at bank and in hand 264,909 709,868
1,699,543 1,835,721
CREDITORS
Amounts falling due within one year 1,674,249 1,561,622
NET CURRENT ASSETS 25,294 274,099
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,270,587

2,410,246

CREDITORS
Amounts falling due after more than one
year

956,439

1,049,427
NET ASSETS 1,314,148 1,360,819

CAPITAL AND RESERVES
Called up share capital 7 80,000 80,000
Retained earnings 1,234,148 1,280,819
SHAREHOLDERS' FUNDS 1,314,148 1,360,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2019 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.

HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED (REGISTERED NUMBER: 01779036)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30TH APRIL 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30th April 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 27th January 2020 and were signed on its behalf
by:





Mr Thomas Scarrott - Director


HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED (REGISTERED NUMBER: 01779036)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2019


1. STATUTORY INFORMATION

Heatherdale Holidays (Clarach Bay) 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 net invoiced value of caravan sales, site fees and other associated income, excluding
value added tax.

Turnover from the sale of goods on site, the sale of caravans and site fees is recognised when significant risks
and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured
reliably, it is probable that the economic benefits associated with the transaction will flow to the company and
the costs incurred or to be incurred in respect of the transaction can be measured reliably. For site shop sales and
caravans this is usually on the date of dispatch of the goods.

For site fees, recognition occurs when the site is occupied. Fees received on booking in advance of the holiday
are carried forward in creditors as deferred income.

The company operates in one principle activity being the operation of a UK based holiday centre. All operations
were continuing. It includes £1.6m (2018: £1.7m) for the sale of services and £1.1m (2018: £1.0m) for the sale of
goods.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1984, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machines - 12.5% on cost
Fixtures and fittings - 12.5% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 statement of financial position date.


HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED (REGISTERED NUMBER: 01779036)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2019


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently,
they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement
constitutes a finance transaction it is measured at present value.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in the profit and loss account in other
administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2018 - 35 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2018
and 30th April 2019 1
NET BOOK VALUE

At 30th April 2019 1
At 30th April 2018 1

HEATHERDALE HOLIDAYS (CLARACH BAY)
LIMITED (REGISTERED NUMBER: 01779036)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2019


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2018 3,257,615
Additions 186,224
At 30th April 2019 3,443,839
DEPRECIATION
At 1st May 2018 1,121,469
Charge for year 77,078
At 30th April 2019 1,198,547
NET BOOK VALUE
At 30th April 2019 2,245,292
At 30th April 2018 2,136,146

6. SECURED DEBTS

The following secured debts are included within creditors:

2019 2018
£    £   
Bank loans 913,752 1,000,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2019 2018
value: £    £   
80,000 Ordinary £1 80,000 80,000