Registration number: 13963805

Sherwood Country Park Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 5

Sherwood Country Park Limited

Company Information

Director

M Barney

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Sherwood Country Park Limited

Statement of Financial Position as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Investments	4	1,451,154	1,451,154
Current assets
Debtors	5	2,358,506	2,194,012
Creditors: Amounts falling due within one year	6	(2,095,239)	(1,825,337)
Net current assets		263,267	368,675
Total assets less current liabilities		1,714,421	1,819,829
Creditors: Amounts falling due after more than one year	6	(2,021,307)	(1,940,000)
Net liabilities		(306,886)	(120,171)
Capital and reserves
Called up share capital		100	100
Retained earnings		(306,986)	(120,271)
Shareholders' deficit		(306,886)	(120,171)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the director on 24 September 2025
 

.........................................

M Barney

Director

Company registration number: 13963805

Sherwood Country Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of an investment holding company.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a loss for the year ended 30 September 2024 and had net liabilities of £308,886 at that date.

At 30 September 2024 an amount of £2,069,204 was due to group undertakings who have agreed to not call for repayment until such time as the company has sufficient working capital.

The company has provided an interest free loan to group undertakings amounting to £2,263,705 which is repayable on demand and the directors believe that this remains recoverable.

Forecasts prepared by the director show that the company will continue to have sufficient working capital for a period exceeding 12 months from the date of approval of the financial statements.

On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operation existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

The turnover shown in the statement of income represents management charges receivable by the company in the normal course of its activities. The company recognises income over the period in which the services are provided.

Sherwood Country Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4	Investments

	2024 £	2023 £
Investments in subsidiaries	1,451,154	1,451,154