Tanylan Holidays Ltd 13155166 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is Holiday centres and villages Digita Accounts Production Advanced 6.30.9574.0 true true 13155166 2024-02-01 2025-01-31 13155166 2025-01-31 13155166 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-01-31 13155166 bus:OrdinaryShareClass2 bus:CumulativeShares 2025-01-31 13155166 bus:OrdinaryShareClass3 bus:CumulativeShares 2025-01-31 13155166 core:CurrentFinancialInstruments 2025-01-31 13155166 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 13155166 core:Non-currentFinancialInstruments 2025-01-31 13155166 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 13155166 core:ConstructionInProgressAssetsUnderConstruction 2025-01-31 13155166 core:FurnitureFittingsToolsEquipment 2025-01-31 13155166 core:LandBuildings 2025-01-31 13155166 core:MotorVehicles 2025-01-31 13155166 core:OtherPropertyPlantEquipment 2025-01-31 13155166 bus:SmallEntities 2024-02-01 2025-01-31 13155166 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 13155166 bus:FilletedAccounts 2024-02-01 2025-01-31 13155166 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13155166 bus:RegisteredOffice 2024-02-01 2025-01-31 13155166 bus:Director1 2024-02-01 2025-01-31 13155166 bus:Director2 2024-02-01 2025-01-31 13155166 bus:Director3 2024-02-01 2025-01-31 13155166 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-02-01 2025-01-31 13155166 bus:OrdinaryShareClass2 bus:CumulativeShares 2024-02-01 2025-01-31 13155166 bus:OrdinaryShareClass3 bus:CumulativeShares 2024-02-01 2025-01-31 13155166 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13155166 core:ComputerEquipment 2024-02-01 2025-01-31 13155166 core:ConstructionInProgressAssetsUnderConstruction 2024-02-01 2025-01-31 13155166 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 13155166 core:LandBuildings 2024-02-01 2025-01-31 13155166 core:MotorVehicles 2024-02-01 2025-01-31 13155166 core:OfficeEquipment 2024-02-01 2025-01-31 13155166 core:OtherPropertyPlantEquipment 2024-02-01 2025-01-31 13155166 core:PlantMachinery 2024-02-01 2025-01-31 13155166 countries:EnglandWales 2024-02-01 2025-01-31 13155166 2024-01-31 13155166 core:ConstructionInProgressAssetsUnderConstruction 2024-01-31 13155166 core:FurnitureFittingsToolsEquipment 2024-01-31 13155166 core:LandBuildings 2024-01-31 13155166 core:MotorVehicles 2024-01-31 13155166 core:OtherPropertyPlantEquipment 2024-01-31 13155166 2023-02-01 2024-01-31 13155166 2024-01-31 13155166 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-01-31 13155166 bus:OrdinaryShareClass2 bus:CumulativeShares 2024-01-31 13155166 bus:OrdinaryShareClass3 bus:CumulativeShares 2024-01-31 13155166 core:CurrentFinancialInstruments 2024-01-31 13155166 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 13155166 core:Non-currentFinancialInstruments 2024-01-31 13155166 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 13155166 core:ConstructionInProgressAssetsUnderConstruction 2024-01-31 13155166 core:FurnitureFittingsToolsEquipment 2024-01-31 13155166 core:LandBuildings 2024-01-31 13155166 core:MotorVehicles 2024-01-31 13155166 core:OtherPropertyPlantEquipment 2024-01-31 13155166 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-02-01 2024-01-31 13155166 bus:OrdinaryShareClass2 bus:CumulativeShares 2023-02-01 2024-01-31 13155166 bus:OrdinaryShareClass3 bus:CumulativeShares 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13155166

Tanylan Holidays Ltd
REPORT OF THE DIRECTORS and Unaudited Financial Statements
for the Year Ended 31 January 2025

Tanylan Holidays Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 12

Tanylan Holidays Ltd

Company Information

Directors | Mr SJ Evans Mr J Evans Mrs B Evans

Registered office | Tanylan Kidwelly SA17 5HJ

Accountants | Wynne & Co Chartered Accountants Forestry House Brewery Road Carmarthen Carmarthenshire SA31 1TF

Tanylan Holidays Ltd

(Registration number: 13155166)
Balance Sheet as at 31 January 2025

| Note | 31 January 2025 £ | 31 January 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,806,041 | 4,529,559
Current assets |  |  |
Debtors | 5 | 23,059 | 242,058
Cash at bank and in hand |  | 98,625 | 65,134
|  | 121,684 | 307,192
Creditors: Amounts falling due within one year | 6 | (480,982) | (555,126)
Net current liabilities |  | (359,298) | (247,934)
Total assets less current liabilities |  | 4,446,743 | 4,281,625
Creditors: Amounts falling due after more than one year | 6 | (837,430) | (884,114)
Net assets |  | 3,609,313 | 3,397,511
Capital and reserves |  |  |
Called up share capital | 7 | 1,000 | 1,000
Share premium reserve |  | 2,887,313 | 2,887,313
Retained earnings |  | 721,000 | 509,198
Shareholders' funds |  | 3,609,313 | 3,397,511

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Tanylan Holidays Ltd

(Registration number: 13155166)
Balance Sheet as at 31 January 2025

Approved and authorised by the Board on 3 October 2025 and signed on its behalf by:

......................................... Mr SJ Evans Director

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tanylan
Kidwelly
SA17 5HJ
Wales

These financial statements were authorised for issue by the Board on 3 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 20% reducing balance
Office Equipment | 15% on cost
Plant and Machinery | 10% reducing balance
Computer Equipment | 33.3% on cost
Fixtures & Fittings | 10% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 6).

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Properties under construction £ | Other tangible assets £ | Total £
Cost or valuation
At 1 February 2024 | 3,436,498 | 86,695 | 31,738 | 819,713 | 213,428 | 4,588,072
Additions | 966,799 | 45,723 | - | 216,997 | 99,871 | 1,329,390
Disposals | - | - | - | - | (3,500) | (3,500)
Transfers | - | - | - | (1,011,838) | - | (1,011,838)
At 31 January 2025 | 4,403,297 | 132,418 | 31,738 | 24,872 | 309,799 | 4,902,124
Depreciation
At 1 February 2024 | - | 28,208 | 3,881 | - | 26,424 | 58,513
Charge for the year | - | 9,817 | 5,572 | - | 22,181 | 37,570
At 31 January 2025 | - | 38,025 | 9,453 | - | 48,605 | 96,083
Carrying amount
At 31 January 2025 | 4,403,297 | 94,393 | 22,285 | 24,872 | 261,194 | 4,806,041
At 31 January 2024 | 3,436,498 | 58,487 | 27,857 | 819,713 | 187,004 | 4,529,559

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

Included within the net book value of land and buildings above is £4,403,297 (2024 - £3,436,498) in respect of freehold land and buildings.

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

5 | Debtors

Current | 31 January 2025 £ | 31 January 2024 £
Trade debtors | 20,753 | 1,606
Prepayments | 1,775 | 3,429
Other debtors | 531 | 207,050
VAT | - | 29,973
| 23,059 | 242,058

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 31 January 2025 £ | 31 January 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 8 | 51,559 | 50,277
Trade creditors |  | 4,249 | 115,604
Taxation and social security |  | 24,351 | 863
Accruals and deferred income |  | 5,718 | 5,136
Other creditors |  | 395,105 | 383,246
|  | 480,982 | 555,126

Creditors: amounts falling due after more than one year

| Note | 31 January 2025 £ | 31 January 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 837,430 | 884,114

7 | Share capital

Allotted, called up and fully paid shares

| 31 January 2025 | 31 January 2024
| No. | £ | No. | £
Ordinary share capital A of £1 each | 361 | 361 | 361 | 361
Ordinary share capital B of £1 each | 361 | 361 | 361 | 361
Ordinary share capital C of £1 each | 278 | 278 | 278 | 278
| 1,000 | 1,000 | 1,000 | 1,000

Tanylan Holidays Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 January 2025

8 | Loans and borrowings

Non-current loans and borrowings

| 31 January 2025 £ | 31 January 2024 £
Bank borrowings | 837,430 | 884,114

Current loans and borrowings

| 31 January 2025 £ | 31 January 2024 £
Bank borrowings | 51,559 | 50,277

9 | Dividends

Interim dividends paid

|  | 31 January 2025 £ |  | 31 January 2024 £
Interim dividend of £1.38 (2024 - £2.77) per each Ordinary share capital A |  | 500 |  | 1,000
Interim dividend of £1.38 (2024 - £2.77) per each Ordinary share capital B |  | 500 |  | 1,000
Interim dividend of £1.80 (2024 - £3.60) per each Ordinary share capital C |  | 500 |  | 1,000
|  | 1,500 |  | 3,000