REGISTERED NUMBER: 09753831 (England and Wales)

GULLIVERS VALLEY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr N G Phillips

Mrs J H Dalton

Mr R C Phillips

REGISTERED OFFICE:

Gullivers Kingdom

Temple Walk

Matlock Bath

Matlock

Derbyshire

DE4 3PG

BUSINESS ADDRESS:

Mansfield Road

Sheffield

S26 5QW

REGISTERED NUMBER:

09753831 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

2,828,445

3,206,774

Investments

5

75

-

2,828,520

3,206,774

CURRENT ASSETS

Stocks

6

71,366

89,747

Debtors

7

2,172,426

1,434,995

Cash in hand

25,977

17,508

2,269,769

1,542,250

CREDITORS

Amounts falling due within one year

8

3,372,701

3,207,161

NET CURRENT LIABILITIES

(1,102,932

)

(1,664,911

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,725,588

1,541,863

PROVISIONS FOR LIABILITIES

421,369

454,046

NET ASSETS

1,304,219

1,087,817

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,304,119

1,087,717

SHAREHOLDERS' FUNDS

1,304,219

1,087,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mrs J H Dalton - Director

1.	STATUTORY INFORMATION

Gullivers Valley 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the attendance of customers at our various theme parks and attractions and is recognised on the date in which the customer attends the attraction. Turnover is reliably measured by reference to daily takings schedules at each of our individual sites. It is shown in the profit and loss account, exclusive of Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Rides & Attractions

-

10% on cost

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 115 (2023 - 109 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

38,000

338,542

343,413

Additions

-

-

-

At 31 December 2024

38,000

338,542

343,413

DEPRECIATION

At 1 January 2024

4,408

199,927

243,216

Charge for year

3,359

67,711

68,680

At 31 December 2024

7,767

267,638

311,896

NET BOOK VALUE

At 31 December 2024

30,233

70,904

31,517

At 31 December 2023

33,592

138,615

100,197

Motor

Rides &

vehicles

Attractions

Totals

£

£

£

COST

At 1 January 2024

15,000

4,282,748

5,017,703

Additions

-

157,227

157,227

At 31 December 2024

15,000

4,439,975

5,174,930

DEPRECIATION

At 1 January 2024

4,454

1,358,924

1,810,929

Charge for year

2,637

393,169

535,556

At 31 December 2024

7,091

1,752,093

2,346,485

NET BOOK VALUE

At 31 December 2024

7,909

2,687,882

2,828,445

At 31 December 2023

10,546

2,923,824

3,206,774

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

75

At 31 December 2024

75

NET BOOK VALUE

At 31 December 2024

75

6.

STOCKS

2024

2023

£

£

Stocks

71,366

89,747

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,282

3,884

Other debtors

2,136,289

1,404,174

Prepayments and accrued income

31,855

26,937

2,172,426

1,434,995

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

131,767

87,467

Trade creditors

366,346

345,744

Amounts owed to group undertakings

75

-

Corporation tax

13,203

-

Social security and other taxes

12,666

10,637

Other creditors

1,092,689

113,816

Amount owed to related parties

1,661,999

2,610,666

Accruals and deferred income

93,956

38,831

3,372,701

3,207,161

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

Gullivers Valley Limited owe £1,661,999 (2023 £2,610,686) to related parties. The amount has no fixed repayment terms and is interest-free.

During the year Gullivers Valley Limited incurred a management charge, at market rate of £408,463 (2023: £344,371) from a related party.