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REGISTERED NUMBER: 07401292 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

WEST TANFIELD LUXURY LODGES LIMITED

WEST TANFIELD LUXURY LODGES LIMITED (REGISTERED NUMBER: 07401292)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WEST TANFIELD LUXURY LODGES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: James Mark Gawthorpe
Sarah Nichola Gawthorpe





REGISTERED OFFICE: Cedar Retreats
West Tanfield
Ripon
HG4 5LH





REGISTERED NUMBER: 07401292 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
Unit 4 Beckside Court
Leyburn Business Park
Leyburn
North Yorkshire
DL8 5QA

WEST TANFIELD LUXURY LODGES LIMITED (REGISTERED NUMBER: 07401292)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,854,157 1,901,584

CURRENT ASSETS
Debtors 5 375,370 5,021
Cash at bank 8,398 3,275
383,768 8,296
CREDITORS
Amounts falling due within one year 6 580,259 472,930
NET CURRENT LIABILITIES (196,491 ) (464,634 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,657,666

1,436,950

CREDITORS
Amounts falling due after more than
one year

7

(1,193,813

)

(971,756

)

PROVISIONS FOR LIABILITIES (14,885 ) (17,802 )
NET ASSETS 448,968 447,392

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Profit and loss account 418,968 417,392
448,968 447,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WEST TANFIELD LUXURY LODGES LIMITED (REGISTERED NUMBER: 07401292)

BALANCE SHEET - continued
31 MARCH 2025


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 Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:





James Mark Gawthorpe - Director


WEST TANFIELD LUXURY LODGES LIMITED (REGISTERED NUMBER: 07401292)

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

1. STATUTORY INFORMATION

West Tanfield Luxury Lodges 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.

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.
Freehold property - Straight line over 50 years
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer Equipment - 25% on reducing balance

Freehold land is not depreciated.

Taxation
Taxation for the year 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 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.

Income recognition
Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

WEST TANFIELD LUXURY LODGES LIMITED (REGISTERED NUMBER: 07401292)

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

2. ACCOUNTING POLICIES - continued

Finance costs of debt
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 1,973,061 54,568 172,646
Additions - 5,600 -
At 31 March 2025 1,973,061 60,168 172,646
DEPRECIATION
At 1 April 2024 142,683 21,671 136,946
Charge for year 35,762 7,699 8,926
At 31 March 2025 178,445 29,370 145,872
NET BOOK VALUE
At 31 March 2025 1,794,616 30,798 26,774
At 31 March 2024 1,830,378 32,897 35,700

Motor Computer
vehicles Equipment Totals
£    £    £   
COST
At 1 April 2024 1,167 15,040 2,216,482
Additions - - 5,600
At 31 March 2025 1,167 15,040 2,222,082
DEPRECIATION
At 1 April 2024 922 12,676 314,898
Charge for year 49 591 53,027
At 31 March 2025 971 13,267 367,925
NET BOOK VALUE
At 31 March 2025 196 1,773 1,854,157
At 31 March 2024 245 2,364 1,901,584

WEST TANFIELD LUXURY LODGES LIMITED (REGISTERED NUMBER: 07401292)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 1,200
Other debtors 375,370 3,821
375,370 5,021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 136,651 142,103
Hire purchase contracts - 31,926
Trade creditors 48,643 631
Taxation and social security 35,409 42,255
Other creditors 359,556 256,015
580,259 472,930

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,193,813 971,756

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 561,964 431,858

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 1,330,464 1,113,859

The bank loan is secured over the park land owned by West Tanfield Luxury Lodges Limited.

The company has a bounce back loan of £12,500 (2024: £22,497) which is unsecured but it is supported by a government guarantee.