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REGISTERED NUMBER: 01325454 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Thrigby Hall Wildlife Gardens Limited

Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Contents of the Financial Statements
for the Year Ended 30 November 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Balance Sheet
30 November 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 5 1,950,743 1,966,151

Current assets
Stocks 41,999 43,419
Debtors 6 34,645 40,393
Cash at bank and in hand 354,640 345,842
431,284 429,654
Creditors
Amounts falling due within one year 7 (157,691 ) (115,622 )
Net current assets 273,593 314,032
Total assets less current liabilities 2,224,336 2,280,183

Provisions for liabilities (421,929 ) (426,995 )
Net assets 1,802,407 1,853,188

Capital and reserves
Called up share capital 57,730 57,730
Capital redemption reserve 8 82,270 82,270
Other reserves 8 53,836 53,836
Retained earnings 8 1,608,571 1,659,352
1,802,407 1,853,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Balance Sheet - continued
30 November 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by:




Mrs B M Sims - Director



Mr L B Payne - Director


Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. Statutory information

Thrigby Hall Wildlife Gardens Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01325454

Registered office: Thrigby Hall
Filby
Great Yarmouth
Norfolk
NR29 3DR

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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
Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Freehold property is not depreciated.

Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


3. Accounting policies - continued

Inventories
Inventories have been valued at the lower of cost and net estimated selling price, less costs to sell.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the year 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 balance sheet date.


Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


3. Accounting policies - continued
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 company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. Employees and directors

The average number of employees during the year was 25 (2023 - 25 ) .

5. Tangible fixed assets
Fixtures
Freehold and Motor
property fittings vehicles Totals
£ £ £ £
Cost or valuation
At 1 December 2023 1,861,926 602,951 17,490 2,482,367
Additions - 858 - 858
At 30 November 2024 1,861,926 603,809 17,490 2,483,225
Depreciation
At 1 December 2023 - 504,620 11,596 516,216
Charge for year - 14,792 1,474 16,266
At 30 November 2024 - 519,412 13,070 532,482
Net book value
At 30 November 2024 1,861,926 84,397 4,420 1,950,743
At 30 November 2023 1,861,926 98,331 5,894 1,966,151

The directors consider the market value of the freehold land and buildings is not less than cost.


Thrigby Hall Wildlife Gardens Limited (Registered number: 01325454)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 502 247
Other debtors 34,143 40,146
34,645 40,393

7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 26,569 46,817
Amounts owed to group undertakings 1,868 6,452
Taxation and social security 100,446 49,356
Other creditors 28,808 12,997
157,691 115,622

8. Reserves
Capital
Retained redemption Other
earnings reserve reserves Totals
£ £ £ £

At 1 December 2023 1,659,352 82,270 53,836 1,795,458
Profit for the year 163,959 163,959
Dividends (214,740 ) (214,740 )
At 30 November 2024 1,608,571 82,270 53,836 1,744,677

At the balance sheet date distributable reserves amounted to £552,886 (2023 - £608,734)

Other reserves consist of an Involuntary Closure Reserve that was established in order to ensure that funds are available to meet the cost of relocating the animal collection, in the extraordinary and at present unforeseen circumstances where the gardens may be forced to close.

9. Ultimate controlling party

BPS 2015 Ltd is regarded by the directors as being the company's ultimate parent company. There is no ultimate controlling party.

10. Attendance

2024 2023

Admissions 74,873 75,746