Company No: 07132825 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Current assets
Debtors	3	42,200		42,200
Investments	4	30,000		30,000
Cash at bank and in hand		1		1
		72,201		72,201
Net current assets		72,201		72,201
Total assets less current liabilities		72,201		72,201
Net assets		72,201		72,201
Capital and reserves
Called-up share capital	5	1		1
Profit and loss account		72,200		72,200
Total shareholder's funds		72,201		72,201

For the financial year ending 31 December 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Newquay Lodge Hotel (Holdings) Limited (registered number: 07132825) were approved and authorised for issue by the Director on 30 September 2025. They were signed on its behalf by:

L D Gamble Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Newquay Lodge Hotel (Holdings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Financial instruments

The company holds the following financial instruments:

•Short term trade and other debtors and creditors

All financial instruments are classified as basic.

Recognition and measurement

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	0		0

3. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	42,200		42,200

In addition to the amounts owed by group undertakings above is a loan to subsidiary Cornwall Adventure Limited (previously known as Sunnyside Hotel Limited) of £404,847, transferred into the name of Newquay Lodge Hotel (Holdings) Limited upon acquisition of the share capital. While the loan is still payable by Cornwall Adventure Limited, it has fully provided against as it is not considered recoverable.

4. Current asset investments

	2024		2023
	£		£
Shares in subsidiaries	30,000		30,000

5. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 0.01 each	1		1