REGISTERED NUMBER: 14984119 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 JULY 2023 TO 31 DECEMBER 2024

FOR

SAWDON PINES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr I R Palmer

REGISTERED OFFICE:

Crows Nest Farm

Gristhorpe

Filey

North Yorkshire

YO14 9PS

REGISTERED NUMBER:

14984119 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

5 & 6 Manor Garth

Manor Court

Scarborough

North Yorkshire

YO11 3TU

FIXED ASSETS

Tangible assets

4

773,887

Investment property

5

647,197

1,421,084

CURRENT ASSETS

Debtors

6

104,173

CREDITORS

Amounts falling due within one year

7

377,248

NET CURRENT LIABILITIES

(273,075

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,148,009

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

1,148,008

SHAREHOLDERS' FUNDS

1,148,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 April 2025 and were signed by:

Mr I R Palmer - Director

1.	STATUTORY INFORMATION

Sawdon Pines 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.

Tangible fixed assets

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

Land and buildings

-

Land 0%, buildings 2% on cost

Plant and machinery - 20% straight-line basis

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

677,127

131,170

808,297

At 31 December 2024

677,127

131,170

808,297

DEPRECIATION

Charge for period

8,176

26,234

34,410

At 31 December 2024

8,176

26,234

34,410

NET BOOK VALUE

At 31 December 2024

668,951

104,936

773,887

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

647,197

At 31 December 2024

647,197

NET BOOK VALUE

At 31 December 2024

647,197

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

104,173

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

375,098

Other creditors

2,150

377,248

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was issued during the period for cash of £ 1 .

9.	OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies at the balance sheet date is £4,146,504.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Crows Nest Holidays Limited.

The ultimate controlling party is Mr I R Palmer.