REGISTERED NUMBER: 04401446 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 OCTOBER 2023 TO 31 DECEMBER 2024

FOR

KNOCKHATCH ADVENTURE PARK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C R Jaggers

C E Bonny

S G Jaggers

REGISTERED OFFICE:

30-34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

04401446 (England and Wales)

AUDITORS:

Watson Associates (Audit Services) Ltd

Statutory Auditor

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

1,383,048

931,310

CURRENT ASSETS

Stocks

22,000

48,313

Debtors

5

133,135

171,318

Cash at bank and in hand

142,519

4,141,886

297,654

4,361,517

CREDITORS

Amounts falling due within one year

6

(1,327,778

)

(4,930,431

)

NET CURRENT LIABILITIES

(1,030,124

)

(568,914

)

TOTAL ASSETS LESS CURRENT LIABILITIES

352,924

362,396

CREDITORS

Amounts falling due after more than one year

7

(26,809

)

(49,980

)

PROVISIONS FOR LIABILITIES

(154,902

)

(161,603

)

NET ASSETS

171,213

150,813

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

171,212

150,812

SHAREHOLDERS' FUNDS

171,213

150,813

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 29 September 2025 and were signed on its behalf by:

C R Jaggers - Director

1.	STATUTORY INFORMATION

Knockhatch Adventure 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.

Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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.

Freehold property

-

4% per annum

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 169 (2023 - 150 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2023

105,649

2,715,607

209,323

40,862

3,071,441

Additions

-

786,507

29,087

-

815,594

At 31 December 2024

105,649

3,502,114

238,410

40,862

3,887,035

DEPRECIATION

At 1 October 2023

24,010

2,005,758

86,978

23,385

2,140,131

Charge for period

5,283

305,789

47,322

5,462

363,856

At 31 December 2024

29,293

2,311,547

134,300

28,847

2,503,987

NET BOOK VALUE

At 31 December 2024

76,356

1,190,567

104,110

12,015

1,383,048

At 30 September 2023

81,639

709,849

122,345

17,477

931,310

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as

restated

£

£

Trade debtors

46,420

118,521

Amounts owed by group undertakings

64,104

530

Other debtors

22,611

52,267

133,135

171,318

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as

restated

£

£

Bank loans and overdrafts

20,222

19,330

Trade creditors

96,999

121,316

Amounts owed to group undertakings

448,866

4,001,027

Taxation and social security

239,190

504,451

Other creditors

522,501

284,307

1,327,778

4,930,431

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

as

restated

£

£

Bank loans

26,809

49,980

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

as restated

£

£

1

Ordinary

£1

1

1

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

We draw attention to Note 8 to the financial statements, which describes the basis on which income from annual memberships has been recognised. As disclosed, the entity had not appropriately accounted for deferred income in respect of these memberships in prior periods, resulting in an overstatement of brought forward reserves.Management has provided us with sufficient evidence to support the correction.

Our opinion is not modified in respect of this matter, and we have issued an unmodified audit opinion on the

financial statements as a whole. This emphasis of matter paragraph is included solely to provide additional

information to the users of the financial statements.

John Charles Males (Senior Statutory Auditor)

for and on behalf of Watson Associates (Audit Services) Ltd

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.