| REGISTERED NUMBER: |
| HAROLDS PARK WILDLAND LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 16 MARCH 2024 TO 31 DECEMBER 2024 |
| REGISTERED NUMBER: |
| HAROLDS PARK WILDLAND LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 16 MARCH 2024 TO 31 DECEMBER 2024 |
| HAROLDS PARK WILDLAND LIMITED (REGISTERED NUMBER: 15566075) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 16 MARCH 2024 TO 31 DECEMBER 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 | to | 5 |
| HAROLDS PARK WILDLAND LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 16 MARCH 2024 TO 31 DECEMBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| 3 Castlegate |
| Grantham |
| Lincolnshire |
| NG31 6SF |
| BANKERS: |
| 69 Pall Mall, |
| London |
| SW1Y 5EY |
| HAROLDS PARK WILDLAND LIMITED (REGISTERED NUMBER: 15566075) |
| STATEMENT OF FINANCIAL POSITION |
| 31 DECEMBER 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| HAROLDS PARK WILDLAND LIMITED (REGISTERED NUMBER: 15566075) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 16 MARCH 2024 TO 31 DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Harolds Park Wildland 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. |
| The presentation currency of the financial statements is the Pound Sterling (£) and is rounded to the nearest £. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| 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. The company is a subsidiary of Nattergal Limited. |
| Revenue |
| Revenue is measured at the fair value of consideration received in respect of letting property and the provision of eco tourism, excluding value added tax. Revenue is recognised in the period to which the income relates. |
| Revenue for biodiversity net gain (BNG) activities is recognised progressively, aligning with the cost profile of delivering agreed habitat improvements. This means revenue is recorded as costs are incurred, reflecting the completion of performance obligations over time. |
| Revenue for carbon credits is recognised as credits are verified. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| 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. |
| Impairments |
| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each financial reporting date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. |
| Financial instruments |
| The company has chosen to adopt the FRS102 1A in respect of financial instruments. |
| Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
| At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement. |
| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. |
| HAROLDS PARK WILDLAND LIMITED (REGISTERED NUMBER: 15566075) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 16 MARCH 2024 TO 31 DECEMBER 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST |
| Additions |
| At 31 December 2024 |
| DEPRECIATION |
| Charge for period |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| Other debtors |
| VAT |
| Prepayments and accrued income |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Accruals and deferred income |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | £1 | 1 |
| HAROLDS PARK WILDLAND LIMITED (REGISTERED NUMBER: 15566075) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 16 MARCH 2024 TO 31 DECEMBER 2024 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | GOING CONCERN |
| The statement of financial position shows net liabilities of £433,183 and net current liabilities of £10,154,251. The directors have considered the position, alongside group support in place, and are satisfied that the financial statements have been prepared on a going concern basis. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is the parent company, Nattergal Limited, which is registered in England and Wales. The parent company's registered office is 20 Central Avenue, St Andrews Business Park, Norwich, NR7 0HR. |