Registered number
13672968
Spa Lodge Park Limited
Unaudited Filleted Accounts
31 March 2025
Spa Lodge Park Limited
Registered number: 13672968
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,017,880 1,018,572
Current assets
Debtors 4 1,055 1,055
Cash at bank and in hand 555 11,785
1,610 12,840
Creditors: amounts falling due within one year 5 (464,605) (426,564)
Net current liabilities (462,995) (413,724)
Total assets less current liabilities 554,885 604,848
Creditors: amounts falling due after more than one year 6 (674,934) (722,478)
Net liabilities (120,049) (117,630)
Capital and reserves
Called up share capital 100 100
Profit and loss account (120,149) (117,730)
Shareholders' funds (120,049) (117,630)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J R Harvey Mrs D A Harvey
Director Director
Approved by the board on 16 July 2025 Approved by the board on 16 July 2025
Spa Lodge Park Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold land and buildings not depreciated
Fixtures, fittings, tools and equipment over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2024 1,017,880 2,076 1,019,956
At 31 March 2025 1,017,880 2,076 1,019,956
Depreciation
At 1 April 2024 - 1,384 1,384
Charge for the year - 692 692
At 31 March 2025 - 2,076 2,076
Net book value
At 31 March 2025 1,017,880 - 1,017,880
At 31 March 2024 1,017,880 692 1,018,572
4 Debtors 2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 1,055 1,055
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 36,660 31,600
Trade creditors 7,115 1,041
Amounts owed to group undertakings and undertakings in which the company has a participating interest 412,298 386,405
Taxation and social security costs 6,837 2,813
Other creditors 1,695 4,705
464,605 426,564
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 674,934 722,478
7 Loans 2025 2024
£ £
Creditors include:
Secured bank loans 711,594 754,078
Included within creditors are secured debts amounting to £711,594 which are secured by a fixed and floating charge over the company's assets.
8 Related party transactions
During the year, the company had transactions with Companies under common control. The amount owed as at 31st March 2025 was £412,298 (2023: £386,405). This is shown within creditors and is interest free and repayable on demand.
During the year, the company had transactions with Companies under common control. The amount due to the company as at 31st March 2025 was £1,055 (2024: £1,055). This is shown within debtors and is interest free and repayable on demand.
9 Controlling party
The controlling party at the balance sheet date was JHDH Limited by virtue of its 100% shareholding.
The ultimate controlling parties are Mr J R Harvey and Mrs D A Harvey by virtue of their joint 100% shareholding in JHDH Limited.
10 Other information
Spa Lodge Park Limited is a private company limited by shares and incorporated in England. Its registered office is:
C/O Integra Advisers LLP
1 Westleigh Hall
Wakefield Road, Denby Dale
Huddersfield
HD8 8QJ
Spa Lodge Park Limited 13672968 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Mr J R Harvey No description of principal activity 13672968 2023-04-01 2024-03-31 13672968 core:WithinOneYear 2024-03-31 13672968 core:AfterOneYear 2024-03-31 13672968 core:ShareCapital 2024-03-31 13672968 core:RetainedEarningsAccumulatedLosses 2024-03-31 13672968 2024-04-01 2025-03-31 13672968 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13672968 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13672968 bus:Director40 2024-04-01 2025-03-31 13672968 1 2024-04-01 2025-03-31 13672968 2 2024-04-01 2025-03-31 13672968 core:LandBuildings 2024-04-01 2025-03-31 13672968 core:PlantMachinery 2024-04-01 2025-03-31 13672968 countries:England 2024-04-01 2025-03-31 13672968 bus:FRS102 2024-04-01 2025-03-31 13672968 bus:FilletedAccounts 2024-04-01 2025-03-31 13672968 2025-03-31 13672968 core:WithinOneYear 2025-03-31 13672968 core:AfterOneYear 2025-03-31 13672968 core:ShareCapital 2025-03-31 13672968 core:RetainedEarningsAccumulatedLosses 2025-03-31 13672968 core:LandBuildings 2025-03-31 13672968 core:PlantMachinery 2025-03-31 13672968 2024-03-31 13672968 core:LandBuildings 2024-03-31 13672968 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure