Tocketts Mill Leisure Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06642127 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TOCKETTS MILL LEISURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D R Allison

K Hague

SECRETARY:

K Hague

REGISTERED OFFICE:

Marton Hall

Church Lane

Sewerby

Bridlington

East Yorkshire

YO15 1DS

REGISTERED NUMBER:

06642127 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Investments

4

6,600,553

6,377,967

CREDITORS

Amounts falling due within one year

5

1,155,650

NET CURRENT LIABILITIES

(1,155,650

)

(1,155,650

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,444,903

5,222,317

CAPITAL AND RESERVES

Called up share capital

6

100

Fixed asset investment revaluation reserve

5,444,803

5,222,217

SHAREHOLDERS' FUNDS

5,444,903

5,222,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:

D R Allison - Director

1.	STATUTORY INFORMATION

Tocketts Mill Leisure 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on the going concern basis of accounting, which assumes that the company is able to continue operating as a going concern.

Having considered all relevant factors, the board are of the opinion that the going concern basis of accounting remains appropriate.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Fixed asset investments

Fixed assets investments are valued on a net assets basis, duly updated to reflect current independent park valuations which the directors consider to be fair value.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

6,377,967

Revaluations

222,586

At 31 December 2024

6,600,553

NET BOOK VALUE

At 31 December 2024

6,600,553

At 31 December 2023

6,377,967

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2015

1,913,289

Valuation in 2016

260,134

Valuation in 2017

164,920

Valuation in 2018

28,017

Valuation in 2019

611,003

Valuation in 2020

13,898

Valuation in 2021

575,828

Valuation in 2022

815,963

Valuation in 2023

839,165

Valuation in 2024

222,586

Cost

1,155,750

6,600,553

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

Cost

1,155,750

Fixed asset investments were valued on a fair value basis on 31 December 2024 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Amounts owed to group undertakings

1,154,247

1,154,297

Other creditors

1,403

1,353

1,155,650

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

£1

100

7.	CONTINGENT LIABILITIES

The company has given a cross guarantee to the company's bankers in respect of the subsidiary company, Tocketts Mill Limited. In the opinion of the directors the likelihood of any liability arising under this agreement is remote.