IRIS Accounts Production v25.1.4.42 08589450 Board of Directors 31.3.25 1.4.24 31.3.25 31.3.25 Medium entities These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. a construction and property investment company. true true true false true true false false false false false true true false Ordinary 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085894502024-03-31085894502025-03-31085894502024-04-012025-03-31085894502023-03-31085894502023-04-012024-03-31085894502024-03-3108589450ns15:EnglandWales2024-04-012025-03-3108589450ns14:PoundSterling2024-04-012025-03-3108589450ns10:Director12024-04-012025-03-3108589450ns10:Consolidated2025-03-3108589450ns10:ConsolidatedGroupCompanyAccounts2024-04-012025-03-3108589450ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3108589450ns10:Consolidatedns10:MediumEntities2024-04-012025-03-3108589450ns10:Consolidatedns10:Audited2024-04-012025-03-3108589450ns10:Medium-sizedCompaniesRegimeForDirectorsReport2024-04-012025-03-3108589450ns10:Medium-sizedCompaniesRegimeForAccounts2024-04-012025-03-3108589450ns10:Consolidated2024-04-012025-03-3108589450ns10:Consolidatedns10:Medium-sizedCompaniesRegimeForDirectorsReport2024-04-012025-03-3108589450ns10:Consolidatedns10:Medium-sizedCompaniesRegimeForAccounts2024-04-012025-03-3108589450ns10:FullAccounts2024-04-012025-03-3108589450ns5:Subsidiary12024-04-012025-03-3108589450ns5:Subsidiary22024-04-012025-03-3108589450ns5:Subsidiary32024-04-012025-03-3108589450ns10:OrdinaryShareClass12024-04-012025-03-3108589450ns10:Director22024-04-012025-03-3108589450ns10:RegisteredOffice2024-04-012025-03-3108589450ns10:Consolidated2023-04-012024-03-3108589450ns5:ShareCapital2025-03-3108589450ns5:ShareCapital2024-03-3108589450ns5:RetainedEarningsAccumulatedLosses2025-03-3108589450ns5:RetainedEarningsAccumulatedLosses2024-03-3108589450ns5:ShareCapital2023-03-3108589450ns5:RetainedEarningsAccumulatedLosses2023-03-3108589450ns5:PlantMachinery2024-04-012025-03-3108589450ns5:MotorVehicles2024-04-012025-03-3108589450ns5:CostValuation2024-03-31085894501ns5:Subsidiary12024-04-012025-03-3108589450ns5:Subsidiary232024-04-012025-03-31085894505ns5:Subsidiary32024-04-012025-03-3108589450ns10:OrdinaryShareClass12025-03-3108589450ns5:RetainedEarningsAccumulatedLosses2024-03-3108589450ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 08589450 (England and Wales)







GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

LODGE PARK HOLDINGS LIMITED

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Group Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 5

Consolidated Statement of Comprehensive Income 9

Consolidated Balance Sheet 10

Company Balance Sheet 11

Consolidated Statement of Changes in Equity 12

Company Statement of Changes in Equity 13

Consolidated Cash Flow Statement 14

Notes to the Consolidated Cash Flow Statement 15

Notes to the Consolidated Financial Statements 17


LODGE PARK HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: Mr JB Barrett
Mr MD Swan





REGISTERED OFFICE: 20 Kent Road
Northampton
Northamptonshire
NN5 4DR





REGISTERED NUMBER: 08589450 (England and Wales)





AUDITORS: Bewers Turner & Co LLP
Chartered Accountants & Statutory Auditor
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 31ST MARCH 2025


The directors present their strategic report of the company and the group for the year ended 31st March 2025.

REVIEW OF BUSINESS
Lodge Park Holdings Limited Group is pleased to report its results for the year as shown in the attached financial statements.

The principal activities of the group are house building and construction. Its area of activity includes the northern home counties of Cambridgeshire, Buckinghamshire, Oxfordshire, Bedfordshire, Hertfordshire, as well as Northamptonshire.

The activities of the group also include the rental of retail and commercial units at St Crispins Local Centre, Northampton.

The group works to develop the highest quality of residential housing. Residential development land continues to be sourced and secured across the various regions.

The directors are of the opinion that the group is a going concern based on the current order book and current plans and strategy.

PRINCIPAL RISKS AND UNCERTAINTIES
Economic and Market Risk

Risk - Poor market confidence and general employment fears impacting on demand for housing.
Control - Key economic performance indicators are regularly monitored as well as sales prices and build costs.

Funding

Risk - Lack of adequate financial resources in order to deliver plans.
Control - Cash is actively managed and funding lines are available through major UK based banks.

Planning and Regulatory

Risk - failure to obtain planning and technical consents associated with new sites
Control - Dedicated Management and Technical team of experts which monitors the planning process.

FINANCIAL KEY PERFORMANCE INDICATORS
The directors have monitored the progress and profit of the group, by reference to certain key performance indicators:

-Turnover of £17.80m (2024: £18.77m)
-Profit/(Loss) after taxation of £0.597m (2024: £(0.532m))

ON BEHALF OF THE BOARD:





Mr JB Barrett - Director


11th June 2025

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MARCH 2025


The directors present their report with the financial statements of the company and the group for the year ended 31st March 2025.

DIVIDENDS
No dividends will be distributed for the year ended 31st March 2025.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st April 2024 to the date of this report.

Mr JB Barrett
Mr MD Swan

DISCLOSURE IN THE STRATEGIC REPORT
The report of the directors should be read in conjunction with the strategic report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MARCH 2025


AUDITORS
The auditors, Bewers Turner & Co LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr JB Barrett - Director


11th June 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
LODGE PARK HOLDINGS LIMITED


Opinion
We have audited the financial statements of Lodge Park Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31st March 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the group's and of the parent company affairs as at 31st March 2025 and of the group's profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
LODGE PARK HOLDINGS LIMITED


Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
LODGE PARK HOLDINGS LIMITED


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management.
- We obtained an understanding of the legal and regulatory frameworks that are applicable to the company and determined that the most significant are those that relate to the reporting framework (Financial Reporting Standard 102 and the Companies Act 2006) and the relevant direct and indirect tax compliance regulation in the United Kingdom. In addition, the Company has to comply with laws and regulations relating to its operations and health and safety.
- We understood how the Company is complying with those frameworks by making enquiries of management to understand how the Company maintains and communicates its policies and procedures in these areas, and corroborated this by reviewing supporting documentation.
- We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur by considering the risk of management override and determining revenue to be a fraud risk. We tested transactions identified back to independent evidence or source documentation. We obtained third party confirmations directly from the Company's banking partners to verify the cash held at the balance sheet date and the completeness of any commitments or contingencies.
- Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved review of documentation, testing of specific journals identified based upon risk criteria and enquiries of management for correspondence with the relevant authorities.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
LODGE PARK HOLDINGS LIMITED


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Paul Bewers BSc FCA (Senior Statutory Auditor)
for and on behalf of Bewers Turner & Co LLP
Chartered Accountants & Statutory Auditor
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

11th June 2025

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

CONSOLIDATED
STATEMENT OF COMPREHENSIVE
INCOME
FOR THE YEAR ENDED 31ST MARCH 2025

2025 2024
Notes £    £   

TURNOVER 3 17,078,282 18,772,034

Cost of sales 14,835,880 17,842,675
GROSS PROFIT 2,242,402 929,359

Administrative expenses 1,256,704 1,511,942
985,698 (582,583 )

Other operating income 7,772 78,023
OPERATING PROFIT/(LOSS) 5 993,470 (504,560 )


Interest payable and similar expenses 6 191,658 190,396
PROFIT/(LOSS) BEFORE TAXATION 801,812 (694,956 )

Tax on profit/(loss) 7 204,729 (162,956 )
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

597,083

(532,000

)

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR
THE YEAR

597,083

(532,000

)

Profit/(loss) attributable to:
Owners of the parent 597,083 (532,000 )

Total comprehensive income attributable to:
Owners of the parent 597,083 (532,000 )

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

CONSOLIDATED BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 94,775 128,796
Investments 10 - -
Investment property 11 4,100,000 4,100,000
4,194,775 4,228,796

CURRENT ASSETS
Stocks 12 2,019,893 2,323,450
Debtors 13 8,662,949 7,503,025
Cash at bank and in hand 2,187,287 355,615
12,870,129 10,182,090
CREDITORS
Amounts falling due within one year 14 10,359,221 8,217,807
NET CURRENT ASSETS 2,510,908 1,964,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,705,683

6,193,079

CREDITORS
Amounts falling due after more than one
year

15

(1,990,000

)

(2,199,017

)

PROVISIONS FOR LIABILITIES 19 (343,780 ) (219,242 )
NET ASSETS 4,371,903 3,774,820

CAPITAL AND RESERVES
Called up share capital 20 4 4
Revaluation reserve 21 1,099,635 1,099,635
Other reserves 21 341,710 341,710
Retained earnings 21 2,930,554 2,333,471
SHAREHOLDERS' FUNDS 4,371,903 3,774,820

The financial statements were approved by the Board of Directors and authorised for issue on 11th June 2025 and were signed on its behalf by:




Mr JB Barrett - Director


LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

COMPANY BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 - -
Investments 10 202 202
Investment property 11 - -
202 202

CURRENT ASSETS
Cash in hand 2 2
NET CURRENT ASSETS 2 2
TOTAL ASSETS LESS CURRENT
LIABILITIES

204

204

CAPITAL AND RESERVES
Called up share capital 20 4 4
Retained earnings 21 200 200
SHAREHOLDERS' FUNDS 204 204

Company's profit for the financial year - -

The financial statements were approved by the Board of Directors and authorised for issue on 11th June 2025 and were signed on its behalf by:





Mr JB Barrett - Director


LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31ST MARCH 2025

Called up
share Retained Revaluation Other Total
capital earnings reserve reserves equity
£    £    £    £    £   
Balance at 1st April 2023 4 2,865,471 1,099,635 341,710 4,306,820

Changes in equity
Total comprehensive income - (532,000 ) - - (532,000 )
Balance at 31st March 2024 4 2,333,471 1,099,635 341,710 3,774,820

Changes in equity
Total comprehensive income - 597,083 - - 597,083
Balance at 31st March 2025 4 2,930,554 1,099,635 341,710 4,371,903

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31ST MARCH 2025

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1st April 2023 4 200 204

Changes in equity
Balance at 31st March 2024 4 200 204

Changes in equity
Balance at 31st March 2025 4 200 204

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2025

2025 2024
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 2,155,741 307,024
Interest paid (181,995 ) (183,239 )
Interest element of hire purchase
payments paid

(9,663

)

(7,157

)
Tax paid 99,847 (20,420 )
Net cash from operating activities 2,063,930 96,208

Cash flows from investing activities
Purchase of tangible fixed assets (3,705 ) (8,544 )
Sale of tangible fixed assets - 28,500
Net cash from investing activities (3,705 ) 19,956

Cash flows from financing activities
Loan repayments in year (210,000 ) (210,000 )
Capital repayments in year (18,553 ) (16,614 )
Net cash from financing activities (228,553 ) (226,614 )

Increase/(decrease) in cash and cash equivalents 1,831,672 (110,450 )
Cash and cash equivalents at
beginning of year

2

355,615

466,065

Cash and cash equivalents at end of
year

2

2,187,287

355,615

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2025


1. RECONCILIATION OF PROFIT/(LOSS) BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

2025 2024
£    £   
Profit/(loss) before taxation 801,812 (694,956 )
Depreciation charges 37,726 48,610
Profit on disposal of fixed assets - (19,694 )
Finance costs 191,658 190,396
1,031,196 (475,644 )
Decrease/(increase) in stocks 303,557 (215,079 )
Increase in trade and other debtors (1,259,770 ) (199,164 )
Increase in trade and other creditors 2,080,758 1,196,911
Cash generated from operations 2,155,741 307,024

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31st March 2025
31/3/25 1/4/24
£    £   
Cash and cash equivalents 2,187,287 355,615
Year ended 31st March 2024
31/3/24 1/4/23
£    £   
Cash and cash equivalents 355,615 466,065


LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2025


3. ANALYSIS OF CHANGES IN NET DEBT

At 1/4/24 Cash flow At 31/3/25
£    £    £   
Net cash
Cash at bank and in hand 355,615 1,831,672 2,187,287
355,615 1,831,672 2,187,287
Debt
Finance leases (76,105 ) 18,553 (57,552 )
Debts falling due within 1 year (210,000 ) 60,000 (150,000 )
Debts falling due after 1 year (2,140,000 ) 150,000 (1,990,000 )
(2,426,105 ) 228,553 (2,197,552 )
Total (2,070,490 ) 2,060,225 (10,265 )

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Lodge Park Holdings 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 General 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Basis of consolidation
The consolidated financial statements incorporate the financial statements of the company and all group undertakings. These are adjusted, where appropriate, to conform to group accounting policies. Acquisitions are accounted for under the acquisition method. The results of companies acquired or disposed of are included in the profit and loss account after or up to the date that control passes respectively. As a consolidated profit and loss account is published, a separate profit and loss account for the parent company is omitted from the group financial statements by virtue of section 408 of the Companies Act 2006.

Significant judgements and estimates
In the process of applying the company's accounting policies, with the exception of the investment property and stock, management has made no significant judgements which have a significant effect on the amounts recognised in the financial statements or made any significant estimates that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

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

Rendering of services
Turnover from the rendering of services is recognised when the company has performed its obligations.

The directors recognise profit on long term contracts when it can be assessed with reasonable certainty.

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 and at varying rates on cost
Motor vehicles - 25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


2. ACCOUNTING POLICIES - continued

Investment property
Investment property is shown at Directors estimate of fair value. Any aggregate surplus of deficit arising from changes in fair value is recognised in profit or loss. The directors' estimate has been supported by a bank valuation of the property.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, 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 year 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.

Pension costs and other post-retirement benefits
The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors, and loans. Instruments such as trade debtors and creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as the bank loan, are measured at amortised cost using the effective interest rate.

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


3. TURNOVER

The turnover and profit (2024 - loss) before taxation are attributable to the principal activities of the group.

An analysis of turnover by geographical market is given below:

2025 2024
£    £   
United Kingdom 17,078,282 18,772,034
17,078,282 18,772,034

4. EMPLOYEES AND DIRECTORS
2025 2024
£    £   
Wages and salaries 449,106 631,892
Social security costs 44,473 79,801
Other pension costs 103,520 118,500
597,099 830,193

The average number of employees during the year was as follows:
2025 2024

Directors 3 3
Technical 1 2
Operations 1 2
Surveyor 1 1
Site manager 5 5
Site staff 5 7
Administration 5 5
Marketing manager 2 3
23 28

Directors' remuneration for the year was £199,619 (2024:£302,506).

Directors' pension contributions to money purchase schemes during the year was £38,397 (2024: £56,808).

The number of directors to whom retirement benefits were accruing was 3 (2024: 3).

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


5. OPERATING PROFIT/(LOSS)

The operating profit (2024 - operating loss) is stated after charging/(crediting):

2025 2024
£    £   
Depreciation - owned assets 37,726 48,610
Profit on disposal of fixed assets - (19,694 )
Auditors' remuneration 15,000 8,000

6. INTEREST PAYABLE AND SIMILAR EXPENSES
2025 2024
£    £   
Bank interest 159,817 154,465
Bank loan interest 22,178 28,774
Hire purchase 9,663 7,157
191,658 190,396

7. TAXATION

Analysis of the tax charge/(credit)
The tax charge/(credit) on the profit for the year was as follows:
2025 2024
£    £   
Current tax:
UK corporation tax 80,191 (2,195 )
(Over)/under provision in
prior year - (17,224 )
Total current tax 80,191 (19,419 )

Deferred tax 124,538 (143,537 )
Tax on profit/(loss) 204,729 (162,956 )

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


7. TAXATION - continued

Reconciliation of total tax charge/(credit) included in profit and loss
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025 2024
£    £   
Profit/(loss) before tax 801,812 (694,956 )
Profit/(loss) multiplied by the standard rate of corporation tax in the UK
of 25 % (2024 - 25 %)

200,453

(173,739

)

Effects of:
Expenses not deductible for tax purposes 5,404 5,839
Income not taxable for tax purposes (1,104 ) -
Depreciation in excess of capital allowances - 9,322
Change in future tax rates (24 ) (4,378 )
Total tax charge/(credit) 204,729 (162,956 )

Deferred tax is made up of a deferred tax asset from Lodge Park Limited as a result of brought forward losses and loesses in the financial year, reduced by a deferred tax provision from Lodge Park St Crispin Limited relating to revaluation of the investment property. Deferred tax is expected to be reversed in 2025.

There is no expiry date on timing differences, unused tax losses or tax credits. There are no special circumstances affecting the current year tax charge and none are expected to affect future periods.

8. INDIVIDUAL STATEMENT OF COMPREHENSIVE INCOME

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


9. TANGIBLE FIXED ASSETS

Group
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2024 165,528 142,301 307,829
Additions 3,705 - 3,705
Disposals (593 ) (16,249 ) (16,842 )
At 31st March 2025 168,640 126,052 294,692
DEPRECIATION
At 1st April 2024 127,760 51,273 179,033
Charge for year 12,464 25,262 37,726
Eliminated on disposal (593 ) (16,249 ) (16,842 )
At 31st March 2025 139,631 60,286 199,917
NET BOOK VALUE
At 31st March 2025 29,009 65,766 94,775
At 31st March 2024 37,768 91,028 128,796

10. FIXED ASSET INVESTMENTS

Company
Shares in
group
undertakings
£   
COST
At 1st April 2024
and 31st March 2025 202
NET BOOK VALUE
At 31st March 2025 202
At 31st March 2024 202

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


10. FIXED ASSET INVESTMENTS - continued

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Lodge Park Limited
Registered office: 20 Kent Road, Northampton, Northamptonshire, NN5 4DR
Nature of business: Building construction
%
Class of shares: holding
Ordinary £1 100.00

Lodge Park St. Crispins Limited
Registered office: 20 Kent Road, Northampton, Northamptonshire, NN5 4DR
Nature of business: Rental of retail and office units
%
Class of shares: holding
Ordinary £1 100.00

St. Crispins Local Centre Management Limited
Registered office: 20 Kent Road, Northampton, Northamptonshire, NN5 4DR
Nature of business: Property management
%
Class of shares: holding
Ordinary £1 100.00


Joint Venture

Hearne Holmes R14 LLP

The principle activity is that of property development.

The registered office is C/O 29-31 Castle Street, High Wycombe, Buckinghamshire, England, HP13 6RU.

There is no investment shown in the balance sheet of the company as Hearne Holmes R14 LLP is a limited liability partnership which therefore has no share capital.

At the balance sheet date, the company was owed £745,835 (2024: £935,835) by the LLP. This is included within other debtors.

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


11. INVESTMENT PROPERTY

Group
Total
£   
FAIR VALUE
At 1st April 2024
and 31st March 2025 4,100,000
NET BOOK VALUE
At 31st March 2025 4,100,000
At 31st March 2024 4,100,000

Fair value at 31st March 2025 is represented by:
£   
Valuation in 2011 1,239,473
Valuation in 2013 26,707
Valuation in 2014 (150,000 )
Valuation in 2019 350,000
Cost 2,633,820
4,100,000

12. STOCKS

Group
2025 2024
£    £   
Stocks 2,019,893 2,323,450

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group
2025 2024
£    £   
Trade debtors 4,125,296 2,740,815
Other debtors 3,408,394 3,453,244
Directors' current accounts 1,002,589 1,088,779
Corporation tax 19,419 119,265
VAT 22,535 40,939
Prepayments and accrued income 84,716 59,983
8,662,949 7,503,025

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group
2025 2024
£    £   
Bank loans and overdrafts (see note 16) 150,000 210,000
Hire purchase contracts (see note 17) 57,552 17,088
Trade creditors 5,672,912 5,497,847
Corporation tax 180,037 99,845
PAYE and NIC 99,940 90,691
Other creditors 3,911,975 2,096,494
Pension creditor 10,949 13,916
Accruals and deferred income 275,856 191,926
10,359,221 8,217,807

15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

Group
2025 2024
£    £   
Bank loans (see note 16) 1,990,000 2,140,000
Hire purchase contracts (see note 17) - 59,017
1,990,000 2,199,017

16. LOANS

An analysis of the maturity of loans is given below:

Group
2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 150,000 210,000
Amounts falling due between one and two years:
Bank loans - 1-2 years - 2,140,000
Amounts falling due between two and five years:
Bank loans - 2-5 years 1,990,000 -

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


17. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Group
Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 57,552 17,088
Between one and five years - 59,017
57,552 76,105

Group
Non-cancellable operating leases
2025 2024
£    £   
Within one year 37,608 45,379
Between one and five years 16,131 32,546
53,739 77,925

18. SECURED DEBTS

The following secured debts are included within creditors:

Group
2025 2024
£    £   
Bank loans 2,140,000 2,350,000
Hire purchase contracts 57,552 76,105
2,197,552 2,426,105

The bank holds a charge over the assets of the company and a proportion of bank loans are secured under the UK government Bounce Back and Coronavirus Business Interruption loan schemes providing a full guarantee on the agreed amount.

Hire purchase contracts are secured against the vehicles which they relate to.

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


19. PROVISIONS FOR LIABILITIES

Group
2025 2024
£    £   
Deferred tax 343,780 219,242

Group
Deferred
tax
£   
Balance at 1st April 2024 219,242
Tax Losses 133,026
Accelerated capital allowances (8,488 )
Balance at 31st March 2025 343,780

20. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 4 4

The ordinary shares have full voting rights and there are no restrictions on the distribution of dividends or repayment of capital.

21. RESERVES

Group
Retained Revaluation Other
earnings reserve reserves Totals
£    £    £    £   

At 1st April 2024 2,333,471 1,099,635 341,710 3,774,816
Profit for the year 597,083 597,083
At 31st March 2025 2,930,554 1,099,635 341,710 4,371,899

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


21. RESERVES - continued

Company
Retained
earnings
£   

At 1st April 2024 200
Profit for the year -
At 31st March 2025 200

Retained earnings

Includes cumulative realised profit and losses net of dividends paid.

Revaluation Reserve

Represents unrealised gains on the revaluation of the property offset by the associated deferred tax.

Other reserves

Represents an unrealised gain on an intra group property transfer.

22. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the amount due to the company from the directors was £1,002,589 (2024: £1,088,779).

Directors' loans are repayable on demand and no interest is being charged on amounts outstanding.

23. RELATED PARTY DISCLOSURES

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.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

Other related parties
2025 2024
£    £   
Sales 7,336,613 13,674,805
Purchases 120,000 120,000
Amount due from related party 2,702,206 2,331,687
Amount due to related party 3,870,952 1,520,222

LODGE PARK HOLDINGS LIMITED (REGISTERED NUMBER: 08589450)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


23. RELATED PARTY DISCLOSURES - continued

The above represents transactions and balances with companies in which one or more of the company's directors is a director or has an interest.

24. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr JB Barrett and Mr MD Swan.

The smallest and largest undertaking for which the company is a member and for which group financial statements are prepared is Lodge Park Holdings Limited.