Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-18falseNo description of principal activity00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14602685 2023-01-17 14602685 2023-01-18 2023-12-31 14602685 1999-03-02 2023-01-17 14602685 2023-12-31 14602685 c:Director1 2023-01-18 2023-12-31 14602685 d:ShareCapital 2023-12-31 14602685 d:RetainedEarningsAccumulatedLosses 2023-12-31 14602685 c:FRS102 2023-01-18 2023-12-31 14602685 c:Audited 2023-01-18 2023-12-31 14602685 c:FullAccounts 2023-01-18 2023-12-31 14602685 c:PrivateLimitedCompanyLtd 2023-01-18 2023-12-31 14602685 d:Subsidiary1 2023-01-18 2023-12-31 14602685 d:Subsidiary1 1 2023-01-18 2023-12-31 14602685 c:SmallCompaniesRegimeForAccounts 2023-01-18 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14602685










HARVEST HOSTS (UK) HOLDING CO. LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023









 
HARVEST HOSTS (UK) HOLDING CO. LIMITED
Registered number: 14602685

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
2023
Notes
£000

Non-current assets
  

Investments
 4
2,210

  
2,210

Current assets
  

Cash and cash equivalents
 5 
207


  
207

Current liabilities
  

Amounts owed to group companies
 6 
(2,417)


  
(2,417)






Net assets
  
-


Capital and reserves
  

Share capital
 6 
-

Retained earnings
  
-

Total equity
  
-


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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.


The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statment of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements on pages 7 to 15 were approved by the Board of Directors and were signed on its behalf by: 




Joel Holland
Director

Date: 11 March 2025

Page 1

 
HARVEST HOSTS (UK) HOLDING CO. LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Harvest Hosts (UK) Holding Limied (the ‘Company’) is a private company limited by shares and is incorporated, domiciled and registered in England and Wales (Registered number: 14602685). The nature of the Company’s operations is set out in the Directors' Report on page 2.
The financial statements have been prepared on a going concern basis and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared under the historical cost convention. 

2.Accounting policies

 
2.1

Basis of preparation

  
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes the Company will continue in operational existence for the foreseeable future for a period of at least the next 12 months from the date of approval of these financial statements (up to 31 December 2025).
The directors have considered the consequences of the current economic uncertainties (e.g., rising inflation, increased costs of living affecting customer spend) and market volatility impacting the Company's future business performance. They do expect that it will continue to impact performance of the Company and, therefore, the measurement of some assets and liabilities and, to some extent, its liquidity. However, this is not believed to create a material uncertainty that casts significant doubt upon the Company's ability to continue as a going concern.
The directors have determined that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of the ultimate parent company, Harvest Hosts OpCo LLC  (together with its subsidiaries referred to as the 'Group'). The
directors’ going concern assessment covers the period to 31 December 2025 and confirmation has been received that Harvest Hosts OpCo LLC will support the Company until this date, so long as the Company remains a subsidiary of Harvest Hosts OpCo LLC. If the Company was sold within the next 12 months from 31 December 2023, confirmation has been received that Harvest Hosts OpCo LLC would ensure the Company remains in a position to continue as a going concern at the point of sale. The Company’s ability to meet its future liabilities is therefore dependent on the financial performance, position and liquidity of the Group as a whole. At the Group level, considerations included potential risks and uncertainties in the business, credit, market, property valuation and liquidity risks, including the availability and repayment profile of bank facilities, as well as forecast covenant compliance. Stress testing has been carried out to ensure the Group has sufficient cash resources to continue in operation for the period to 31 December 2024. This stress testing modelled a scenario with materially reduced levels of cash receipts over the next 12 months. Based on these considerations, together with available market information and the directors’ knowledge and experience of the Company, the directors continue to adopt the going concern basis in preparing the financial statements for the year ended 31 December 2023.

  
2.3

Investments in subsidiary undertakings

Investments in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversal of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

  
2.4

Intercompany loans


Amounts owed to Group undertakings
Amounts owed to Group undertakings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, amounts owed to Group undertakings are stated at amortised cost with any difference between the amount initially recognised and redemption value being recognised in the Statement of Comprehensive Income over the period of the loan, using the effective interest method.

  
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

  
2.6

Dividends

Final dividend distributions to the Company’s shareholders are recognised as a liability in the Company’s financial statements in the period in which the dividends are approved by the Company’s shareholders. Interim dividends are recognised when paid.

  
2.7

Share capital

Ordinary shares are classified as equity. Any excess consideration greater than the nominal value is shown in the share premium account.

Page 2

 
HARVEST HOSTS (UK) HOLDING CO. LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

3.


Significant accounting judgements and estimates

The Company’s significant accounting policies are stated in note 2 above. Not all of these significant accounting policies require management to make difficult, subjective or complex judgements or estimates. The following is intended to provide an understanding of the policies that management consider critical because of the level of complexity, judgement or estimation involved in their application and their impact on the financial statements. These judgements involve assumptions or estimates in respect of future events. Actual results may differ from these estimates.

Amounts owed to Group undertakings
Amounts owed to Group undertakings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, amounts owed to Group undertakings are stated at amortised cost with any difference between the amount initially recognised and redemption value being recognised in the Statement of Comprehensive Income over the period of the loan, using the effective interest method.

4.


Investments








Investments in subsidiary companies

£000



Cost or valuation


Additions
2,210



At 31 December 2023
2,210





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Principal activity

Class of shares

Holding

On The Road Books Limited
20 Gracechurch Street
11th Floor
London
EC3V 0BG
Creation of guides for motorhomers
Ordinary
100%


5.


Cash and cash equivalents

30 March
2023
£000

Cash at bank and in hand
207

Total cash and cash equivalents
207



6.


Share capital

Authorised and
issued
2023
Number



Ordinary shares of £1.00 each
1

1



Page 3

 
HARVEST HOSTS (UK) HOLDING CO. LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Subsequent event

On 2 July 2024, the Company acquired SFS Listings Ltd, a company incorporated in England and Wales.

8.


Parent company


The immediate and ultimate parent company and controlling party at 31 December 2023 was Harvest Hosts OpCo, LLC, which is registered in the United States of America. 






9.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2023 was unqualified.

The audit report was signed on 11 March 2025 by Michael Marcus FCA FCCA (Senior Statutory Auditor) on behalf of TC Group.

Page 4