REGISTERED NUMBER: 03803681 (England and Wales)

HEATHERTON COUNTRY SPORTS PARK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H H Davies

Mrs W M Davies

Mr H C Davies

Mrs P Davies

Mr L J Davies

Mr W J Davies

SECRETARY:

Mrs P Davies

REGISTERED OFFICE:

St Florence

Tenby

Pembrokeshire

SA69 9EE

REGISTERED NUMBER:

03803681 (England and Wales)

ACCOUNTANTS:

Llewelyn Davies

Chartered Accountants

50 Queen Street

Pembroke Dock

Pembrokeshire

SA72 6JE

FIXED ASSETS

Tangible assets

4

3,107,597

2,756,680

CURRENT ASSETS

Stocks

16,086

15,890

Debtors

5

152,799

327,727

Cash at bank and in hand

286,932

730,093

455,817

1,073,710

CREDITORS

Amounts falling due within one year

6

385,273

724,614

NET CURRENT ASSETS

70,544

349,096

TOTAL ASSETS LESS CURRENT LIABILITIES

3,178,141

3,105,776

CREDITORS

Amounts falling due after more than one year

7

(327,104

)

(336,057

)

PROVISIONS FOR LIABILITIES

(338,687

)

(388,641

)

NET ASSETS

2,512,350

2,381,078

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,511,350

2,380,078

SHAREHOLDERS' FUNDS

2,512,350

2,381,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 17 September 2025 and were signed on its behalf by:

Mr H C Davies - Director

1.	STATUTORY INFORMATION

Heatherton Country Sports Park 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.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

25% on reducing balance and 4% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance and 10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 101 (2024 - 97 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2024

1,812,511

495,491

4,460,755

Additions

261,334

5,537

467,246

Disposals

-

-

(24,490

)

At 31 January 2025

2,073,845

501,028

4,903,511

DEPRECIATION

At 1 February 2024

906,900

330,067

2,787,969

Charge for year

64,811

42,741

278,982

Eliminated on disposal

-

-

(22,038

)

At 31 January 2025

971,711

372,808

3,044,913

NET BOOK VALUE

At 31 January 2025

1,102,134

128,220

1,858,598

At 31 January 2024

905,611

165,424

1,672,786

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2024

56,128

23,836

6,848,721

Additions

11,999

-

746,116

Disposals

-

-

(24,490

)

At 31 January 2025

68,127

23,836

7,570,347

DEPRECIATION

At 1 February 2024

52,375

14,730

4,092,041

Charge for year

3,938

2,275

392,747

Eliminated on disposal

-

-

(22,038

)

At 31 January 2025

56,313

17,005

4,462,750

NET BOOK VALUE

At 31 January 2025

11,814

6,831

3,107,597

At 31 January 2024

3,753

9,106

2,756,680

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 February 2024

53,500

Transfer to ownership

(38,000

)

At 31 January 2025

15,500

DEPRECIATION

At 1 February 2024

23,406

Charge for year

7,524

Transfer to ownership

(21,969

)

At 31 January 2025

8,961

NET BOOK VALUE

At 31 January 2025

6,539

At 31 January 2024

30,094

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,090

52,229

Other debtors

100,709

275,498

152,799

327,727

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,591

23,845

Trade creditors

310,185

529,897

Taxation and social security

20,619

26,470

Other creditors

49,878

144,402

385,273

724,614

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

327,104

331,466

Hire purchase contracts

-

4,591

327,104

336,057

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

327,104

331,466

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mr H C Davies

Balance outstanding at start of year

49,074

109,138

Amounts advanced

1,104

-

Amounts repaid

-

(60,064

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,178

49,074