Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseActivities of head offices11falsetrue 05165631 2023-07-01 2024-06-30 05165631 2022-07-01 2023-06-30 05165631 2024-06-30 05165631 2023-06-30 05165631 c:Director1 2023-07-01 2024-06-30 05165631 d:FreeholdInvestmentProperty 2023-07-01 2024-06-30 05165631 d:FreeholdInvestmentProperty 2024-06-30 05165631 d:CurrentFinancialInstruments 2024-06-30 05165631 d:CurrentFinancialInstruments 2023-06-30 05165631 d:Non-currentFinancialInstruments 2024-06-30 05165631 d:Non-currentFinancialInstruments 2023-06-30 05165631 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05165631 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05165631 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 05165631 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 05165631 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 05165631 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 05165631 d:ShareCapital 2024-06-30 05165631 d:ShareCapital 2023-06-30 05165631 d:RetainedEarningsAccumulatedLosses 2024-06-30 05165631 d:RetainedEarningsAccumulatedLosses 2023-06-30 05165631 c:FRS102 2023-07-01 2024-06-30 05165631 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 05165631 c:FullAccounts 2023-07-01 2024-06-30 05165631 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05165631 6 2023-07-01 2024-06-30 05165631 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 05165631


TALLINGTON HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
TALLINGTON HOLDINGS LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 9


 
TALLINGTON HOLDINGS LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TALLINGTON HOLDINGS LIMITED
FOR THE YEAR ENDED 30 JUNE 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tallington Holdings Limited for the year ended 30 June 2024 which comprise the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

This report is made solely to the Director of Tallington Holdings Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Tallington Holdings Limited and state those matters that we have agreed to state to the Director of Tallington Holdings Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tallington Holdings Limited and its Director for our work or for this report.
It is your duty to ensure that Tallington Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position, and profit of Tallington Holdings Limited. You consider that Tallington Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of Tallington Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 

  



Xeinadin London Limited
 
Accountants
  
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
16 June 2025
Page 1

 
TALLINGTON HOLDINGS LIMITED
REGISTERED NUMBER: 05165631

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
4,924,704
4,924,704

Land
  
619,500
-

  
5,544,204
4,924,704

Current assets
  

Debtors: amounts falling due within one year
 7 
10,452,167
10,065,104

  
10,452,167
10,065,104

Creditors: amounts falling due within one year
 8 
(1,484,457)
(1,482,262)

Net current assets
  
 
 
8,967,710
 
 
8,582,842

Total assets less current liabilities
  
14,511,914
13,507,546

Creditors: amounts falling due after more than one year
 9 
(1,367,269)
(1,481,065)

  

Net assets
  
13,144,645
12,026,481


Capital and reserves
  

Called up share capital 
  
5,506,722
5,506,722

Profit and loss account
  
7,637,923
6,519,759

  
13,144,645
12,026,481


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 June 2025.



Page 2

 
TALLINGTON HOLDINGS LIMITED
REGISTERED NUMBER: 05165631
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024


N Morgan
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
TALLINGTON HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Tallington Holdings Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is Barholm Road, Tallington, Stamford, Lincolnshire, PE9 4RJ.
The nature of the company's operations and principal activities continued to be that of activities of head office.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The directors have confirmed their financial support will be provided for the foreseeable future as and when required for the business. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.
 

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Investment land and property

Investment in land and property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
TALLINGTON HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements,estimates and assumtions about the carrying amounts of assets and liablities that are not readly apparent from other sources. The estimates and assoicated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
TALLINGTON HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
7,191,334



At 30 June 2024

7,191,334



Impairment


At 1 July 2023
2,266,630



At 30 June 2024

2,266,630



Net book value



At 30 June 2024
4,924,704



At 30 June 2023
4,924,704


6.


Investment property


Freehold investment property

£



Valuation


Additions at cost
619,500



At 30 June 2024
619,500






Page 6

 
TALLINGTON HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
10,452,167
10,065,104

10,452,167
10,065,104


Page 7

 
TALLINGTON HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
125,560
125,560

Amounts owed to group undertakings
1,239,330
1,239,330

Other creditors
117,817
115,622

Accruals and deferred income
1,750
1,750

1,484,457
1,482,262



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
1,367,269
1,481,065

1,367,269
1,481,065



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
125,560
125,560


125,560
125,560

Amounts falling due 1-2 years

Bank loans
1,367,269
1,481,065


1,367,269
1,481,065



1,492,829
1,606,625


The bank has legal charge over the freehold property known as Tallington Lakes Leisure Park, Barholm Road, Tallington, Stamford, Lincolnshire, in respect of the above loan.

Page 8

 
TALLINGTON HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

11.


Related party transactions

The company has taken advantage of the exemption available under FRS 102 section 33.1A where disclosures of transactions between group members are not required, provided that the subsidiary is wholly owned.
As at the year end, the Company were owed £6,246,678 (2023: £6,246,678) by Tallington Lakes Sales Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company were owed £1,437,108 (2023: £1,437,108) by Tallington Lakes Site Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company were owed £227,843 (2023: £524,887) by Leisure Site Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company were owed £2,540,538 (2023: £1,856,431) by Venture Lodges Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company owed £812,452 (2023: £812,452) to Tallington Lakes Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company owed £70,012 (2023: £70,012) to Tallington Lakes Land Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company owed £321,948 (2023: £321,948) to Tallington Lakes Activities Limited, a 100% owned subsidiary of Tallington Holdings Limited.
As at the year end, the Company owed £34,918 (2023: £34,918) to Activities Venture Limited, a 100% owned subsidiary of Tallington Holdings Limited
As at the year end, the Company owed £117,817 to N Morgan, a director in the company.


12.


Controlling party

The company is controlled by N Morgan, a majority shareholder and director of the company.

 
Page 9