REGISTERED NUMBER: 14124472 (England and Wales)

SHARD RIVERSIDE LODGE PARK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr J Hanley

Mr P Hanley

Secretary:

Mr P Hanley

Registered office:

Dalton House

9 Dalton Square

LANCASTER

LA1 1WD

Business address:

Sunset Park

Sower Carr Lane

Hambleton

POULTON-LE-FYLDE

FY6 9EQ

Registered number:

14124472 (England and Wales)

Accountants:

Xeinadin

Dalton House

9 Dalton Square

LANCASTER

LA1 1WD

Fixed assets

Tangible assets

4

2,431,925

2,405,654

Current assets

Stocks

558,680

262,634

Debtors

5

173,998

179,457

Cash at bank and in hand

152,509

596

885,187

442,687

Creditors

Amounts falling due within one year

6

2,540,448

2,141,363

Net current liabilities

(1,655,261

)

(1,698,676

)

Total assets less current liabilities

776,664

706,978

Creditors

Amounts falling due after more than one year

7

(977,848

)

(1,004,389

)

Accruals and deferred income

(166,986

)

(3,500

)

Net liabilities

(368,170

)

(300,911

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(368,270

)

(301,011

)

(368,170

)

(300,911

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings 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 J Hanley - Director

1.	Statutory information

Shard Riverside Lodge 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.

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, 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 Statement of Income and Retained Earnings, 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.

Going concern

The financial statements have been prepared on a going concern basis, despite there being net liabilities at the balance sheet date, as the directors have confirmed that they are willing to continue to support the company for the foreseeable future.

3.	Employees and directors

The average number of employees during the year was 8 (2024 - 2 ) .

4.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 April 2024

2,355,003

69,972

2,424,975

Additions

32,628

14,168

46,796

At 31 March 2025

2,387,631

84,140

2,471,771

Depreciation

At 1 April 2024

8,825

10,496

19,321

Charge for year

9,477

11,048

20,525

At 31 March 2025

18,302

21,544

39,846

Net book value

At 31 March 2025

2,369,329

62,596

2,431,925

At 31 March 2024

2,346,178

59,476

2,405,654

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

22,873

-

Amounts owed by participating interests

29,758

-

Other debtors

121,367

179,457

173,998

179,457

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

50,000

50,000

Trade creditors

543,062

89,798

Amounts owed to participating interests

1,936,365

1,967,408

Taxation and social security

11,021

-

Other creditors

-

34,157

2,540,448

2,141,363

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

977,848

1,004,389

8.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,027,848

1,054,389

The bank loans are secured against fixed and floating charges over all of the property and assets of the company.