REGISTERED NUMBER: 01019419 (England and Wales)

CARR ROYD PARKS 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 P Hanley

Mr J 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:

01019419 (England and Wales)

Accountants:

Xeinadin

Dalton House

9 Dalton Square

LANCASTER

LA1 1WD

Fixed assets

Tangible assets

4

5,235,513

5,285,808

Current assets

Stocks

269,959

630,599

Debtors

5

3,967,356

4,966,306

Cash at bank and in hand

45,818

150,709

4,283,133

5,747,614

Creditors

Amounts falling due within one year

6

1,048,019

2,825,873

Net current assets

3,235,114

2,921,741

Total assets less current liabilities

8,470,627

8,207,549

Provisions for liabilities

(589,123

)

(599,012

)

Accruals and deferred income

(614,244

)

(787,103

)

Net assets

7,267,260

6,821,434

Capital and reserves

Called up share capital

32,000

32,000

Share premium

4,500

4,500

Revaluation reserve

8

3,238,946

3,238,946

Other reserves

37,173

37,173

Retained earnings

3,954,641

3,508,815

7,267,260

6,821,434

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 P Hanley - Director

1.	Statutory information

Carr Royd Parks 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable, for goods and services provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes.

Turnover is recognised at a point in time when a performance obligation is satisfied by transferring a good or service to the customer.

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.

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 13 (2024 - 12 ) .

4.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost or valuation

At 1 April 2024

5,125,138

1,255,155

6,380,293

Additions

8,073

18,687

26,760

At 31 March 2025

5,133,211

1,273,842

6,407,053

Depreciation

At 1 April 2024

23,476

1,071,009

1,094,485

Charge for year

11,999

65,056

77,055

At 31 March 2025

35,475

1,136,065

1,171,540

Net book value

At 31 March 2025

5,097,736

137,777

5,235,513

At 31 March 2024

5,101,662

184,146

5,285,808

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2018

2,859,773

-

2,859,773

Cost

2,273,438

1,273,842

3,547,280

5,133,211

1,273,842

6,407,053

If freehold land and buildings had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

2,265,365

2,265,365

Aggregate depreciation

23,476

23,476

Freehold land and buildings were valued on an open market basis on 4 October 2018 by the purchaser .

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

629,672

1,954,803

Amounts owed by group undertakings

1,256,097

1,175,707

Other debtors

2,081,587

1,835,796

3,967,356

4,966,306

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

861,765

2,609,943

Taxation and social security

154,610

198,188

Other creditors

31,644

17,742

1,048,019

2,825,873

7.	Secured debts

There are fixed and floating charges over the land and property owned by Carr Royd Parks Limited. These relate to a loan included in the parent company Sunset Park Limited and loans included in Shard Riverside Lodge Limited and Lytham Edge Lodge Resort Limited. John and Patrick Hanley directors and shareholders in all of these companies

8.

Reserves

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

3,238,946

9.	Ultimate controlling party

The controlling party is Sunset Park Limited.