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REGISTERED NUMBER: 14792293 (England and Wales)















Financial Statements for the Period 11 April 2023 to 31 July 2024

for

Brackenborough Lakes Limited

Brackenborough Lakes Limited (Registered number: 14792293)






Contents of the Financial Statements
for the Period 11 April 2023 to 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Brackenborough Lakes Limited

Company Information
for the Period 11 April 2023 to 31 July 2024







DIRECTOR: A R Lidgard





REGISTERED OFFICE: The Brackenborough Hotel
Cordeaux Corner
Louth
Lincolnshire
LN11 0SZ





REGISTERED NUMBER: 14792293 (England and Wales)

Brackenborough Lakes Limited (Registered number: 14792293)

Balance Sheet
31 July 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,696,695

CURRENT ASSETS
Debtors 5 47,520
Cash at bank 39,979
87,499
CREDITORS
Amounts falling due within one year 6 138,050
NET CURRENT LIABILITIES (50,551 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,646,144

CREDITORS
Amounts falling due after more than one
year

7

1,690,000
NET LIABILITIES (43,856 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (43,956 )
(43,856 )

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 February 2025 and were signed by:





A R Lidgard - Director


Brackenborough Lakes Limited (Registered number: 14792293)

Notes to the Financial Statements
for the Period 11 April 2023 to 31 July 2024

1. STATUTORY INFORMATION

Brackenborough Lakes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land - not provided

Taxation
Taxation for the period 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 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.

Going concern
The company is supported by the group. There are therefore no issues in preparing the accounts on a
going concern basis.

Brackenborough Lakes Limited (Registered number: 14792293)

Notes to the Financial Statements - continued
for the Period 11 April 2023 to 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Land
£   
COST
Additions 1,696,695
At 31 July 2024 1,696,695
NET BOOK VALUE
At 31 July 2024 1,696,695

Included in cost of land and buildings is freehold land of £ 1,696,695 which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 47,520

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 131,800
Other creditors 6,250
138,050

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 1,690,000

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 1,690,000

The bank loan is secured against the land owned within freehold property of the company.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Stothard BA (Hons) FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

Brackenborough Lakes Limited (Registered number: 14792293)

Notes to the Financial Statements - continued
for the Period 11 April 2023 to 31 July 2024

10. ULTIMATE CONTROLLING PARTY

The controlling party is Oak Ridge Hotels Limited.

The ultimate controlling party is A R Lidgard.