WATERSIDE ESCAPES LIMITED

Company Registration Number:
09607476 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

WATERSIDE ESCAPES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WATERSIDE ESCAPES LIMITED

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The Company manages the freehold property at Hook House, Hook Hill Lane, WADHURST, East Sussex, TN5 6HW.

Additional information

The Company was incorporated on 26 May 2015 and has traded since July 2015. The Directors have now chosen to file Accounts on an annual basis for regulatory reasons. Professional services relating to planning advice and associated fees amounting to £27,908 have been capitalised in the year and added to the Freehold Property cost.



Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Helen Hume-Kendall


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
14 July 2025

And signed on behalf of the board by:
Name: Helen Hume-Kendall
Status: Director

WATERSIDE ESCAPES LIMITED

Profit And Loss Account

for the Period Ended 31 March 2025

2025 3 months to 31 March 2024


£

£
Turnover: 190,720 32,716
Cost of sales: ( 118,295 ) ( 41,419 )
Gross profit(or loss): 72,425 (8,703)
Administrative expenses: ( 53,107 ) ( 30,346 )
Operating profit(or loss): 19,318 (39,049)
Profit(or loss) before tax: 19,318 (39,049)
Tax: 0 3,471
Profit(or loss) for the financial year: 19,318 (35,578)

WATERSIDE ESCAPES LIMITED

Balance sheet

As at 31 March 2025

Notes 2025 3 months to 31 March 2024


£

£
Fixed assets
Tangible assets: 3 1,518,113 1,490,205
Total fixed assets: 1,518,113 1,490,205
Current assets
Cash at bank and in hand: 59,224 244,305
Total current assets: 59,224 244,305
Creditors: amounts falling due within one year: 4 ( 57,203 ) ( 43,879 )
Net current assets (liabilities): 2,021 200,426
Total assets less current liabilities: 1,520,134 1,690,631
Creditors: amounts falling due after more than one year: 5 ( 1,278,785 ) ( 1,468,600 )
Total net assets (liabilities): 241,349 222,031
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 241,149 221,831
Total Shareholders' funds: 241,349 222,031

The notes form part of these financial statements

WATERSIDE ESCAPES LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 July 2025
and signed on behalf of the board by:

Name: Helen Hume-Kendall
Status: Director

The notes form part of these financial statements

WATERSIDE ESCAPES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Letting sales are treated as revenue in the accounting period they relate to rather than when received.

    Tangible fixed assets depreciation policy

    Fixed Assets are currently not depreciated.

WATERSIDE ESCAPES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 3 months to 31 March 2024
    Average number of employees during the period 2 2

WATERSIDE ESCAPES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 1,319,875 170,330 1,490,205
Additions 27,908 27,908
Disposals
Revaluations
Transfers
At 31 March 2025 1,347,783 170,330 1,518,113
Depreciation
At 1 April 2024
Charge for year
On disposals
Other adjustments
At 31 March 2025
Net book value
At 31 March 2025 1,347,783 170,330 1,518,113
At 31 March 2024 1,319,875 170,330 1,490,205

The freehold property is secured by a legal charge dated 28 January 2016 in favour of Helen Hume-Kendall. A further charge dated 15 March 2024 has been registered.

WATERSIDE ESCAPES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 3 months to 31 March 2024
£ £
Trade creditors 43,743 43,259
Taxation and social security 0 0
Accruals and deferred income 13,460 620
Total 57,203 43,879

Trade creditors include letting receipts in advance which amounted to £41,153 at 31 March 2025, £36,050 at 31 March 2024, £13,199 at 31 December 2023, £44,454 at 30 September 2023, £43,021 at 30 June 2023, £37,977 at 31 March 2023.

WATERSIDE ESCAPES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

2025 3 months to 31 March 2024
£ £
Bank loans and overdrafts 21,109 26,048
Other creditors 1,257,676 1,442,552
Total 1,278,785 1,468,600

A capital repayment on the Directors' loan of £156,341 was made on 19 April 2024 as required for regulatory purposes. Directors’ loan accounts, which amount to £1,257,676 at 31 March 2025, £1,442,552 at 31 March 2024, £1,442,929 at 31 December 2023, £1,443,405 at 30 September 2023, £1,443,511 at 30 June 2023, £1,447,974 at 31 March 2023, have no set repayment date and have been shown as long term finance which was originally provided to acquire the freehold property and are secured by a legal charge over this dated 28 January 2016. A bounce-back loan of £49,000 was granted with repayments starting in June 2021; the balance, which is repayable in monthly instalments, is stated above plus accrued interest included in accruals.

WATERSIDE ESCAPES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Off balance sheet arrangements

Related party transactions – Helen Hume-Kendall. The Directors’ loan account is secured by a legal charge over the freehold property dated 28 January 2016. Helen Hume-Kendall is paid a salary of £1,250 (2024 - £1,050) per week for property management services, £65,000 for the year, as authorised and permitted by the regulatory authorities; this is included in cost of sales.