New Forest Water Park Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08083861 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

NEW FOREST WATER PARK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

M A Jury

B Jury

Miss M Jury

REGISTERED OFFICE:

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

REGISTERED NUMBER:

08083861 (England and Wales)

ACCOUNTANTS:

Ray Bartlett & Co

Certified Public Accountants

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

FIXED ASSETS

Tangible assets

2

923,857

905,566

CURRENT ASSETS

Debtors

39,291

41,322

Cash at bank and in hand

16,023

-

55,314

41,322

CREDITORS

Amounts falling due within one year

(421,088

)

(402,429

)

NET CURRENT LIABILITIES

(365,774

)

(361,107

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

558,083

544,459

CREDITORS

Amounts falling due after more than one
year

(478,913

)

(522,405

)

NET ASSETS

79,170

22,054

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

79,070

21,954

SHAREHOLDERS' FUNDS

79,170

22,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 January 2017 and were signed on its behalf by:

M A Jury - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Office equipment

-

25% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

912,689

Additions

168,629

Disposals

(80,655

)

At 31 May 2016

1,000,663

DEPRECIATION

At 1 June 2015

7,123

Charge for year

69,683

At 31 May 2016

76,806

NET BOOK VALUE

At 31 May 2016

923,857

At 31 May 2015

905,566

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2016 and

31 May 2015:

31.5.16

31.5.15

£

B Jury

Balance outstanding at start of year

-

Amounts advanced

50,000

-

Amounts repaid

(50,000

)

-

Balance outstanding at end of year

-

Miss M Jury

Balance outstanding at start of year

-

Amounts advanced

50,000

-

Amounts repaid

(50,000

)

-

Balance outstanding at end of year

-

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2016 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ray Bartlett & Co

Certified Public Accountants

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

24 January 2017