054557572015-06-022016-05-31falsetruehttp://www.companieshouse.gov.uk/2015-06-01http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2015-06-01http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2016-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-06-01http://www.companieshouse.gov.uk/cd:Director12015-06-022016-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-05-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2015-06-022016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-022016-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-06-022016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-05-31http://www.companieshouse.gov.uk/2015-06-022016-05-31http://www.companieshouse.gov.uk/2015-06-01http://www.companieshouse.gov.uk/2016-05-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-06-022016-05-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 05455757

GATEWAY CARAVAN PARK LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/05/2016

Prepared By:

Mint Accountancy Limited

Chartered Certified Accountant

8 Bromyard Road

Tenbury Wells

Worcestershire

WR15 8BZ

GATEWAY CARAVAN PARK LIMITED

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 05455757

GATEWAY CARAVAN PARK LIMITED

Registered Number: 05455757
BALANCE SHEET AT 31/05/2016
						2016
		Notes				£
FIXED ASSETS
Tangible assets		2				1,790,364
CURRENT ASSETS
Debtors (amounts falling due within one year)		3		81,296
Cash at bank and in hand				3,425
				84,721
CREDITORS: Amounts falling due within one year				541,688
NET CURRENT LIABILITIES						(456,967)
TOTAL ASSETS LESS CURRENT LIABILITIES						1,333,397
CREDITORS: Amounts falling due after more than one year		4				985,376
NET ASSETS						348,021
CAPITAL AND RESERVES
Called up share capital		5				1
Revaluation reserve		1e,6				202,228
Profit and loss account						145,792
SHAREHOLDERS' FUNDS						348,021
For the year ending 31/05/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 28/04/2017 and signed on their behalf by
Kenneth STRELLEY
Director

GATEWAY CARAVAN PARK LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/05/2016

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1b. Cash Flow Statement

The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).

1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Properties		straight line 5%
Plant and Machinery		straight line 25%

1d. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

1e. Revaluation Reserve

Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 6).

Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.

GATEWAY CARAVAN PARK LIMITED

2. TANGIBLE FIXED ASSETS
		Short Leasehold		Plant and
		Properties		Machinery		Total
		£		£		£
Cost
At 02/06/2015		1,403,792		612,251		2,016,043
Additions		818,720		116,825		935,545
At 31/05/2016		2,222,512		729,076		2,951,588
Depreciation
At 02/06/2015		368,038		499,791		867,829
For the year		111,126		182,269		293,395
At 31/05/2016		479,164		682,060		1,161,224
Net Book Amounts
At 31/05/2016		1,743,348		47,016		1,790,364
At 01/06/2015		1,035,754		112,460		1,148,214

3. DEBTORS				2016
				£
Amounts falling due within one year:
Trade debtors				81,296
				81,296

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2016
				£
Bank loans and overdrafts				770,691
Other creditors				214,685
				985,376

GATEWAY CARAVAN PARK LIMITED

5. SHARE CAPITAL				2016
				£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each				1
				1

6. REVALUATION RESERVE				2016
				£
Revaluation reserve				202,228
				202,228