REGISTERED NUMBER: 15563182 (England and Wales)

Fox Hill Park Limited

Financial Statements for the Period 14 March 2024 to 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R P W Larkham

W H Larkham

T A Larkham

REGISTERED OFFICE:

Cowden Holiday Park

Main Road

Great Cowden

East Yorkshire

HU11 4UD

REGISTERED NUMBER:

15563182 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

2,377,255

CURRENT ASSETS

Stocks

35,000

Debtors

5

23,635

Cash at bank and in hand

128,696

187,331

CREDITORS

Amounts falling due within one year

6

2,557,653

NET CURRENT LIABILITIES

(2,370,322

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,933

PROVISIONS FOR LIABILITIES

985

NET ASSETS

5,948

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

8

5,848

SHAREHOLDERS' FUNDS

5,948

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 Income Statement 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:

R P W Larkham - Director

1.	STATUTORY INFORMATION

Fox Hill 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.

Going Concern

The financial statements have been prepared on a going concern basis. At 31 December 2024 the company had net current liabilities of £2,370,322..The company is a wholly owned subsidiary of Larkham Leisure Limited and benefits from the ongoing financial support of the wider group. The holding company has confirmed that it will continue to support the company for at least 12 months from the date of approval of these financial statements. Taking this support into account, together with the company's forecast trading and access to group banking facilities, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Sales of services

Turnover from the sale of services is is recognised on a straight line basis over the contract period. Owners pay their pitch licence fees in exchange for the use of the holiday park and its facilities, and therefore the performance obligation is delivered over the life of the contract.

Leases

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

2,373,718

6,385

2,380,103

At 31 December 2024

2,373,718

6,385

2,380,103

DEPRECIATION

Charge for period

1,650

1,198

2,848

At 31 December 2024

1,650

1,198

2,848

NET BOOK VALUE

At 31 December 2024

2,372,068

5,187

2,377,255

Included in cost of land and buildings is freehold land of £ 2,263,719 which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

16,706

Other debtors

6,929

23,635

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

10,490

Amounts owed to group undertakings

2,463,024

Taxation and social security

12,405

Other creditors

71,734

2,557,653

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

8.

RESERVES

Retained

earnings

£

Profit for the period

5,848

At 31 December 2024

5,848

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

The Report of the Auditors was unqualified.

Peter Dearing BSc FCCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

10.	COMMITMENTS, GUARANTEES AND CONTINGENCIES

There is a joint and several guarantee entered into between group companies in relation to bank borrowings of the group. The amount of these guarantees which are not included in the balance sheet amounted to £8,398,524. .

11.	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.

12.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is Larkham Leisure Limited, a company incorporated in the UK. Larkham Leisure Limited is the smallest and largest group in which the company's results are consolidated.