SKIDDAW VIEW HOLIDAY PARK LIMITED


Directors	CARR, Barbara Jean
	CARR, Philip


Company Secretary	CARR, Barbara Jean


Registered Address	Skiddaw View Holiday Park
	Bothel
	Wigton
	CA7 2JN


Registered Number	04669377 (England and Wales)

Statement of Financial Position
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		1,284,149		1,137,882
			1,284,149		1,137,882
Current assets
Stocks	5	80,814		471,857
Debtors	6	356,174		146,131
Current asset investments		100		100
Cash at bank and on hand		1,036,702		907,488
		1,473,790		1,525,576
Creditors amounts falling due within one year	7	(396,407)		(553,056)
Net current assets (liabilities)			1,077,383		972,520
Total assets less current liabilities			2,361,532		2,110,402
Provisions for liabilities	8		(130,800)		(120,465)
Net assets			2,230,732		1,989,937
Capital and reserves
Called up share capital			100		100
Profit and loss account			2,230,632		1,989,837
Shareholders' funds			2,230,732		1,989,937

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 9 July 2025, and are signed on its behalf by:

CARR, Barbara Jean
Director
Registered Company No. 04669377

SKIDDAW VIEW HOLIDAY PARK LIMITED

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Stocks and work in progress

Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). 

At each date of Statement of Financial Position, stocks are assessed for impairment.  If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell.  The impairment loss is recognised immediately in the Income Statement.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		5

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 March 24	54,900	54,900
At 28 February 25	54,900	54,900
Amortisation and impairment
At 01 March 24	54,900	54,900
At 28 February 25	54,900	54,900
Net book value
At 28 February 25	-	-
At 29 February 24	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 March 24	575,527	1,309,757	32,249	30,048	1,947,581
Additions	-	291,080	-	1,374	292,454
At 28 February 25	575,527	1,600,837	32,249	31,422	2,240,035
Depreciation and impairment
At 01 March 24	-	765,731	18,350	25,618	809,699
Charge for year	-	141,099	3,475	1,613	146,187
At 28 February 25	-	906,830	21,825	27,231	955,886
Net book value
At 28 February 25	575,527	694,007	10,424	4,191	1,284,149
At 29 February 24	575,527	544,026	13,899	4,430	1,137,882

5.	Stocks

	2025	2024
	£	£
Other stocks	80,814	471,857
Total	80,814	471,857

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	1,000
Other debtors	349,214	130,537
Prepayments and accrued income	6,960	14,594
Total	356,174	146,131

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	45,560	311,779
Bank borrowings and overdrafts	92,820	23,420
Taxation and social security	63,004	-
Other creditors	193,432	215,327
Accrued liabilities and deferred income	1,591	2,530
Total	396,407	553,056

8.	Provisions for liabilities

	2025	2024
	£	£
Other provisions	130,800	120,465
Total	130,800	120,465