IRIS Accounts Production v25.3.0.601 00683982 Board of Directors 1.2.24 31.1.25 31.1.25 Medium entities true false true true false false true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00683982 2024-01-31 00683982 2025-01-31 00683982 2024-02-01 2025-01-31 00683982 2023-01-31 00683982 2023-02-01 2024-01-31 00683982 2024-01-31 00683982 ns15:EnglandWales 2024-02-01 2025-01-31 00683982 ns14:PoundSterling 2024-02-01 2025-01-31 00683982 ns10:Director1 2024-02-01 2025-01-31 00683982 ns10:CompanySecretary1 2024-02-01 2025-01-31 00683982 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 00683982 ns10:MediumEntities 2024-02-01 2025-01-31 00683982 ns10:Audited 2024-02-01 2025-01-31 00683982 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 00683982 ns10:Medium-sizedCompaniesRegimeForAccounts 2024-02-01 2025-01-31 00683982 ns10:FullAccounts 2024-02-01 2025-01-31 00683982 ns10:OrdinaryShareClass1 2024-02-01 2025-01-31 00683982 ns10:Director2 2024-02-01 2025-01-31 00683982 ns10:Director3 2024-02-01 2025-01-31 00683982 ns10:Director4 2024-02-01 2025-01-31 00683982 ns10:RegisteredOffice 2024-02-01 2025-01-31 00683982 1 2024-02-01 2025-01-31 00683982 1 2023-02-01 2024-01-31 00683982 ns5:CurrentFinancialInstruments 2025-01-31 00683982 ns5:CurrentFinancialInstruments 2024-01-31 00683982 ns5:Non-currentFinancialInstruments 2025-01-31 00683982 ns5:Non-currentFinancialInstruments 2024-01-31 00683982 ns5:ShareCapital 2025-01-31 00683982 ns5:ShareCapital 2024-01-31 00683982 ns5:RevaluationReserve 2025-01-31 00683982 ns5:RevaluationReserve 2024-01-31 00683982 ns5:CapitalRedemptionReserve 2025-01-31 00683982 ns5:CapitalRedemptionReserve 2024-01-31 00683982 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 00683982 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 00683982 ns5:ShareCapital 2023-01-31 00683982 ns5:RetainedEarningsAccumulatedLosses 2023-01-31 00683982 ns5:RevaluationReserve 2023-01-31 00683982 ns5:CapitalRedemptionReserve 2023-01-31 00683982 ns5:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 00683982 ns5:RevaluationReserve 2023-02-01 2024-01-31 00683982 ns5:CapitalRedemptionReserve 2023-02-01 2024-01-31 00683982 ns5:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 00683982 ns5:RevaluationReserve 2024-02-01 2025-01-31 00683982 ns5:CapitalRedemptionReserve 2024-02-01 2025-01-31 00683982 ns5:LeaseholdImprovements 2024-02-01 2025-01-31 00683982 ns5:PlantMachinery 2024-02-01 2025-01-31 00683982 ns5:FurnitureFittings 2024-02-01 2025-01-31 00683982 ns5:MotorVehicles 2024-02-01 2025-01-31 00683982 3 2024-02-01 2025-01-31 00683982 3 2023-02-01 2024-01-31 00683982 5 2024-02-01 2025-01-31 00683982 5 2023-02-01 2024-01-31 00683982 ns10:HighestPaidDirector 2024-02-01 2025-01-31 00683982 ns10:HighestPaidDirector 2023-02-01 2024-01-31 00683982 ns10:OrdinaryShareClass1 2023-02-01 2024-01-31 00683982 ns5:LandBuildings 2024-01-31 00683982 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-31 00683982 ns5:LeaseholdImprovements 2024-01-31 00683982 ns5:LandBuildings 2024-02-01 2025-01-31 00683982 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-02-01 2025-01-31 00683982 ns5:LandBuildings 2025-01-31 00683982 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-01-31 00683982 ns5:LeaseholdImprovements 2025-01-31 00683982 ns5:LandBuildings 2024-01-31 00683982 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-31 00683982 ns5:LeaseholdImprovements 2024-01-31 00683982 ns5:PlantMachinery 2024-01-31 00683982 ns5:FurnitureFittings 2024-01-31 00683982 ns5:MotorVehicles 2024-01-31 00683982 ns5:PlantMachinery 2025-01-31 00683982 ns5:FurnitureFittings 2025-01-31 00683982 ns5:MotorVehicles 2025-01-31 00683982 ns5:PlantMachinery 2024-01-31 00683982 ns5:FurnitureFittings 2024-01-31 00683982 ns5:MotorVehicles 2024-01-31 00683982 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 00683982 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 00683982 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-01-31 00683982 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-01-31 00683982 ns5:WithinOneYear 2025-01-31 00683982 ns5:WithinOneYear 2024-01-31 00683982 ns5:BetweenOneFiveYears 2025-01-31 00683982 ns5:BetweenOneFiveYears 2024-01-31 00683982 ns5:MoreThanFiveYears 2025-01-31 00683982 ns5:MoreThanFiveYears 2024-01-31 00683982 ns5:AllPeriods 2025-01-31 00683982 ns5:AllPeriods 2024-01-31 00683982 ns5:Secured 2025-01-31 00683982 ns5:Secured 2024-01-31 00683982 ns5:DeferredTaxation 2024-01-31 00683982 ns5:DeferredTaxation 2025-01-31 00683982 ns10:OrdinaryShareClass1 2025-01-31 00683982 ns5:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-02-01 2025-01-31 00683982 ns5:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-02-01 2024-01-31 00683982 ns5:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-02-01 2025-01-31 00683982 ns5:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-01-31 00683982 ns5:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-01-31 00683982 ns5:OtherRelatedPartyRelationshipType2ComponentTotalRelatedParties 2024-02-01 2025-01-31 00683982 ns5:OtherRelatedPartyRelationshipType2ComponentTotalRelatedParties 2023-02-01 2024-01-31 00683982 ns5:OtherRelatedParties 2024-02-01 2025-01-31 00683982 1 2024-02-01 2025-01-31

REGISTERED NUMBER: 00683982 (England and Wales)

| STRATEGIC REPORT, |

| REPORT OF THE DIRECTORS AND |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 January 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Directors | 3 |

| Report of the Independent Auditors | 5 |

| Income Statement | 9 |

| Other Comprehensive Income | 10 |

| Balance Sheet | 11 |

| Statement of Changes in Equity | 13 |

| Cash Flow Statement | 14 |

| Notes to the Cash Flow Statement | 15 |

| Notes to the Financial Statements | 17 |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 January 2025

| DIRECTORS: | A J Pugh MBE, DL

| Mrs V M Pugh

| R J Pugh

| Ms V L Rainsford FCA

| SECRETARY: | Ms V L Rainsford FCA

| REGISTERED OFFICE: | Heights Of Abraham

| Matlock Bath

| Derbyshire

| DE4 3PD

| REGISTERED NUMBER: | 00683982 (England and Wales)

| AUDITORS: | Mabe Allen LLP

| Chartered Accountants

| Statutory Auditors

| 50 Osmaston Road

| Derby

| DE1 2HU

| BANKERS: | NatWest

| Bristol City Office

| PO Box 238

| 32 Corn Street

| Bristol

| BS99 7UG

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

STRATEGIC REPORT

FOR THE YEAR ENDED 31 January 2025

The directors present their strategic report for the year ended 31 January 2025.

The company's principal activities are the operation of Derbyshire's oldest tourist attraction, Heights of Abraham's cable cars, caverns and hilltop park.

REVIEW OF BUSINESS

The cable car transports visitors on a spectacular journey high above the Derwent River to the 60 acres of landscaped grounds at the summit. There the company operates two famous show caverns, exhibitions, two children's playgrounds, two retail outlets, and café and restaurant dining facilities. Visitors also enjoy exploring the woodland walks and the stunning views of beautiful Derbyshire countryside.

PRINCIPAL RISKS AND UNCERTAINTIES

The company operates in the leisure market with turnover and profitability at risk of declining through the amount of disposable income available to customers and their willingness to spend it with the company in what is a competitive market both locally, nationwide and internationally.

People are concerned about the rising cost of living and their financial stability and are therefore less willing to spend their disposable income on days out such as visiting paid-for tourist attractions. Nevertheless the company is well-placed within the market due to its unique product offering. The variety of historic, scenic, educational, physical, retail and dining opportunities means that the company is not dependant on one age group or demographic/social group.

PERFORMANCE

Despite the national and international economic pressures impacting the tourism and hospitality industry, the Company has continued the substantial investment in improvements to the fabric of the estate and new experiences for the visitor, and was again awarded the VisitEngland Gold Accolade for outstanding visitor experience and quality. It also introduced a new initiative in winter 2024 which increased the trading season by over 30 days.

In the year overall visitor numbers were up, with turnover increasing 12% to £4.6m (2024: £4.1m) and a similar percentage increase in gross profit. This was partly offset by the higher administrative expenses arising from the inevitable increases in minimum wage, insurance and energy costs and the additional operating costs as a result of the increased trading period.

Overall reported net profit before tax increased by 59% to £342k (2024: £215k).

POST YEAR END

As with many companies in the hospitality and tourism sector, the Company will incur significant cost increases from 2025 onwards due to the impact of the increased Employers National Insurance contributions effective from April 2025. Nevertheless the Directors' objective continues to be the management of the business efficiently and flexibly to secure the long-term value of the business, protect its unique heritage and ensure that the company is well positioned for long-term growth.

In July 2025 the business was shut for 7 days due to an engineering breakdown on the cable car. The claims for repair costs and lost revenue are currently being assessed by insurers. The Directors expect to recover the costs and the majority of the lost revenue.

ON BEHALF OF THE BOARD:

Ms V L Rainsford FCA - Secretary

15 October 2025

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 January 2025

The directors present their report with the financial statements of the company for the year ended 31 January 2025.

PRINCIPAL ACTIVITIES

The principal activities of the company in the year under review were those of the operation of a cable car and pleasure grounds.

DIVIDENDS

No dividends will be distributed for the year ended 31 January 2025.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 February 2024 to the date of this report.

A J Pugh MBE, DL

Mrs V M Pugh

R J Pugh

Ms V L Rainsford FCA

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 January 2025

AUDITORS

The auditors, Mabe Allen LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Ms V L Rainsford FCA - Secretary

15 October 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HEIGHTS OF ABRAHAM (MATLOCK BATH)

LIMITED

Opinion

We have audited the financial statements of Heights of Abraham (Matlock Bath) Limited (the 'company') for the year ended 31 January 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 31 January 2025 and of its profit for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HEIGHTS OF ABRAHAM (MATLOCK BATH)

LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HEIGHTS OF ABRAHAM (MATLOCK BATH)

LIMITED

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Extent to which the audit was considered capable of detecting fraud

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

- The nature of the industry and sector, control environment and business performance including targets for income and net profit;

- Results of our enquiries of management and the directors about their own identification and assessment of the risks of irregularities;

- Any matters we identified having obtained and reviewed the company's documentation of their policies and procedures relating to:

- Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance, including any related to the General Data Protection Regulations or Bribery Act 2010.

- Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

- The internal controls to mitigate risks of fraud or non-compliance with laws and regulations;

- The matters discussed among the audit engagement team and including relevant internal tax specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the company for fraud and identified the greatest potential for fraud in the ability of management to manipulate revenue recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the Companies Act 2006 and the Financial Reporting Standard 102.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's ability to operate or to avoid a material penalty. These include The General Data Protection Regulations, the Bribery Act 2010, the Lifting Operations and Lifting Equipment Regulations 1998, the Amusement Device Inspection Procedures Scheme and Health and Safety policies.

Audit Response to Risks Identified

Our procedures to respond to risks identified above include the following:

- Reviewing the financial statements disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements:

- Enquiring of management and directors concerning actual and potential litigation and claims;

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HEIGHTS OF ABRAHAM (MATLOCK BATH)

LIMITED

- Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

- in addressing the fraud risk in revenue recognition at an analytical review level, we developed an expectation of the revenue with reference to our experience of the client and discussions on the recognition and volatility of revenue in the year ; and

- in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rational of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remain alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Kevin Slack FCA (Senior Statutory Auditor)

for and on behalf of Mabe Allen LLP

Chartered Accountants

Statutory Auditors

50 Osmaston Road

Derby

DE1 2HU

15 October 2025

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

INCOME STATEMENT

FOR THE YEAR ENDED 31 January 2025

| 31.1.25 |  | 31.1.24

| Notes | £ | £ |

TURNOVER | 4,568,996 |  | 4,093,213 |  |

Cost of sales | 570,838 |  | 504,523 |  |

GROSS PROFIT | 3,998,158 |  | 3,588,690 |  |

Administrative expenses | 3,634,298 |  | 3,359,431 |  |

363,860 |  | 229,259 |  |

Other operating income | 3 | 18,956 |  | 12,307 |  |

OPERATING PROFIT | 6 | 382,816 |  | 241,566 |  |

Interest receivable and similar income | 64,927 |  | 79,970 |  |

447,743 |  | 321,536 |  |

Interest payable and similar expenses | 8 | 106,136 |  | 106,578 |  |

PROFIT BEFORE TAXATION | 341,607 |  | 214,958 |  |

Tax on profit | 9 | 88,934 |  | 67,014 |  |

PROFIT FOR THE FINANCIAL YEAR | 252,673 |  | 147,944 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

OTHER COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 January 2025

| 31.1.25 |  | 31.1.24

| Notes | £ | £ |

PROFIT FOR THE YEAR | 252,673 |  | 147,944 |  |

OTHER COMPREHENSIVE INCOME |

Deferred tax movement on revalued assets | 2,495 |  | 2,530 |  |

Income tax relating to other comprehensive income | - |  | - |  |

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX | 2,495 |  | 2,530 |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 255,168 |  | 150,474 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

BALANCE SHEET

31 January 2025

| 31.1.25 | 31.1.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 11 | 5,234,912 |  | 4,930,630 |  |

CURRENT ASSETS

Stocks | 12 | 56,982 |  | 37,142 |  |

Debtors | 13 | 169,738 |  | 269,578 |  |

Investments | 14 | - |  | 1,200,000 |  |

Cash at bank and in hand | 2,112,502 |  | 957,903 |  |

2,339,222 |  | 2,464,623 |  |

CREDITORS

Amounts falling due within one year | 15 | 713,229 |  | 771,634 |  |

NET CURRENT ASSETS | 1,625,993 |  | 1,692,989 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,860,905 |  | 6,623,619 |  |

CREDITORS

Amounts falling due after more than one year | 16 | (1,352,721 | ) | (1,401,116 | ) |

PROVISIONS FOR LIABILITIES | 20 | (457,767 | ) | (427,254 | ) |

NET ASSETS | 5,050,417 |  | 4,795,249 |  |

CAPITAL AND RESERVES

Called up share capital | 21 | 173,000 |  | 173,000 |  |

Revaluation reserve | 22 | 1,910,084 |  | 1,926,493 |  |

Capital redemption reserve | 22 | 127,000 |  | 127,000 |  |

Retained earnings | 22 | 2,840,333 |  | 2,568,756 |  |

SHAREHOLDERS' FUNDS | 5,050,417 |  | 4,795,249 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

BALANCE SHEET - continued

31 January 2025

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

A J Pugh MBE, DL - Director

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 January 2025

| Called up |  | Capital |

| share |  | Retained |  | Revaluation |  | redemption |  | Total

| capital |  | earnings |  | reserve |  | reserve |  | equity

£ | £ | £ | £ | £ |

Balance at 1 February 2023 | 173,000 |  | 2,581,018 |  | 1,941,757 |  | 127,000 |  | 4,822,775 |  |

Changes in equity

Total comprehensive income | - |  | 147,944 |  | 2,530 |  | - |  | 150,474 |  |

Dividends | - |  | (178,000 | ) | - |  | - |  | (178,000 | ) |

Depreciation transfer | - |  | 17,794 |  | (17,794 | ) | - |  | - |  |

Balance at 31 January 2024 | 173,000 |  | 2,568,756 |  | 1,926,493 |  | 127,000 |  | 4,795,249 |  |

Changes in equity

Total comprehensive income | - |  | 252,673 |  | 2,495 |  | - |  | 255,168 |  |

Depreciation transfer | - |  | 18,904 |  | (18,904 | ) | - |  | - |  |

Balance at 31 January 2025 | 173,000 |  | 2,840,333 |  | 1,910,084 |  | 127,000 |  | 5,050,417 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 January 2025

| 31.1.25 |  | 31.1.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 797,890 |  | 569,200 |  |

Interest paid | (106,136 | ) | (106,578 | ) |

Tax paid | (13,122 | ) | (83,566 | ) |

Net cash from operating activities | 678,632 |  | 379,056 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (562,274 | ) | (396,600 | ) |

Interest received | 64,927 |  | 79,970 |  |

Net cash from investing activities | (497,347 | ) | (316,630 | ) |

Cash flows from financing activities

Loans drawn down | 107,533 |  | 104,102 |  |

Loan repayments in year | (150,000 | ) | (300,000 | ) |

Short term deposits | 1,200,000 |  | (200,000 | ) |

Movement in director's loans | - |  | 178,000 |  |

Amount withdrawn by directors | (184,219 | ) | (174,211 | ) |

Equity dividends paid | - |  | (178,000 | ) |

Net cash from financing activities | 973,314 |  | (570,109 | ) |

Increase/(decrease) in cash and cash equivalents | 1,154,599 |  | (507,683 | ) |

Cash and cash equivalents at beginning of year | 2 | 957,903 |  | 1,465,586 |  |

Cash and cash equivalents at end of year | 2 | 2,112,502 |  | 957,903 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 January 2025

1. | RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 31.1.25 |  | 31.1.24

£ | £ |

| Profit before taxation | 341,607 |  | 214,958 |  |

| Depreciation charges | 251,260 |  | 191,434 |  |

| Loss on disposal of fixed assets | 6,732 |  | 3,731 |  |

| Finance costs | 106,136 |  | 106,578 |  |

| Finance income | (64,927 | ) | (79,970 | ) |

640,808 |  | 436,731 |  |

| Increase in stocks | (19,840 | ) | (10,654 | ) |

| Decrease/(increase) in trade and other debtors | 99,840 |  | (118,577 | ) |

| Increase in trade and other creditors | 77,082 |  | 261,700 |  |

| Cash generated from operations | 797,890 |  | 569,200 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 31 January 2025

| 31.1.25 |  | 1.2.24

£ | £ |

| Cash and cash equivalents | 2,112,502 |  | 957,903 |  |

| Year ended 31 January 2024

| 31.1.24 |  | 1.2.23

£ | £ |

| Cash and cash equivalents | 957,903 |  | 1,465,586 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 January 2025

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.2.24 | Cash flow | At 31.1.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 957,903 |  | 1,154,599 |  | 2,112,502 |  |

957,903 |  | 1,154,599 |  | 2,112,502 |  |

| Liquid resources |

| Current asset investments | 1,200,000 |  | (1,200,000 | ) | - |  |

1,200,000 |  | (1,200,000 | ) | - |  |

| Debt

| Debts falling due within 1 year | (40,387 | ) | (5,928 | ) | (46,315 | ) |

| Debts falling due after 1 year | (1,401,116 | ) | 48,395 |  | (1,352,721 | ) |

(1,441,503 | ) | 42,467 |  | (1,399,036 | ) |

| Total | 716,400 |  | (2,934 | ) | 713,466 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 January 2025

1. | STATUTORY INFORMATION

| Heights of Abraham (Matlock Bath) 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Significant judgements and estimates

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgements about carrying values of assets and liabilities that are not readily apparent from other sources. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements have had the most significant effect on amounts recognised in the financial statements:-

| Useful economic lives of property, plant and equipment

| The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 11 for the carrying amount of the property plant and equipment and the accounting policy note for the useful economic lives for each class of assets.

| The initial estimated useful lives of items of property, plant and equipment range between 3 to 50 years. However, the actual useful lives might be shorter or longer depending on technological innovations and other factors.

| Turnover

| Turnover represents net invoiced sales of goods and services, excluding 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.

| Development | - | Straight line over 5 years

| Plant and machinery | - | at varying rates on cost

| Cable car and attractions | - | at varying rates on cost

| Motor vehicles | - | 25% on reducing balance

| Freehold buildings are depreciated over their estimated useful lives of 50 years on a straight line basis. Freehold land is not depreciated.

| Leasehold improvements are depreciated over the shorter of the useful life or the remaining term of the lease on a straight line basis.

| On transition to FRS 102, the company elected to utilise the exemption provided by paragraph 35.10(d) to use the previously revalued amounts for freehold and long leasehold property as deemed cost. The previous revaluation of freehold land and buildings and leasehold property was carried out on 1 February 2012 by GVA Grimley Limited on an open market value basis.

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

2. | ACCOUNTING POLICIES - continued

| Government grants

| Grants are recognised as income in the period to match them with the corresponding cost.

| Stocks

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

| Stocks are measured on a first in first out basis.

| Financial instruments

| Basic financial instruments are measured at amortised cost with the interest expense recognised through profit and loss for the period.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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 pension scheme are charged to profit or loss in the period to which they relate.

| Current asset investments

| Short term deposits are measured at market value with the interest received recognised through profit and loss for the period.

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

3. | OTHER OPERATING INCOME

| 31.1.25 |  | 31.1.24

£ | £ |

| Sundry receipts | 3,956 |  | 4,007 |  |

| Insurance claim | 15,000 |  | - |  |

| Local government grants | - |  | 8,300 |  |

18,956 |  | 12,307 |  |

4. | EMPLOYEES AND DIRECTORS

| 31.1.25 |  | 31.1.24

£ | £ |

| Wages and salaries | 1,741,543 |  | 1,536,468 |  |

| Social security costs | 160,887 |  | 137,994 |  |

| Other pension costs | 68,547 |  | 60,391 |  |

1,970,977 |  | 1,734,853 |  |

| The average number of employees during the year was as follows:

| 31.1.25 |  | 31.1.24

| Average number of employees | 87 |  | 79 |  |

| The average number of employees is a combination of permanent and seasonal staff.

5. | DIRECTORS' EMOLUMENTS

| 31.1.25 |  | 31.1.24

£ | £ |

| Directors' remuneration | 284,651 |  | 265,828 |  |

| Directors' pension contributions to money purchase schemes | 16,583 |  | 16,270 |  |

| The number of directors to whom retirement benefits were accruing was as follows:

| Money purchase schemes | 2 |  | 2 |  |

| Information regarding the highest paid director is as follows:

| 31.1.25 |  | 31.1.24

£ | £ |

| Emoluments etc | 128,066 |  | 117,178 |  |

| Pension contributions to money purchase schemes | 6,583 |  | 6,270 |  |

| Sums of £nil (2024: £19,000) were paid for director services during the year.

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

6. | OPERATING PROFIT

| The operating profit is stated after charging/(crediting):

|  | 31.1.25 |  |  | 31.1.24 |

|  | £ |  | £ |  |

| Depreciation- owned assets |  | 251,260 |  |  | 191,434 |

| Auditors' remuneration |  | 16,000 |  |  | 17,000 |

| Foreign exchange differences |  | (1,455 | ) |  | 252 |

| Operating leases- land and buildings |  | 100,000 |  |  | 100,000 |

| Operating leases- vehicles |  | 21,950 |  |  | 23,711 |

7. | AUDITORS' REMUNERATION

| 31.1.25 |  | 31.1.24

£ | £ |

| Fees payable to the company's auditors for the audit of the company's financial statements | 16,000 |  | 15,000 |  |

| Auditors' remuneration for non audit work | - |  | 2,000 |  |

8. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 31.1.25 |  | 31.1.24

£ | £ |

| Bank loan interest | 106,136 |  | 106,578 |  |

9. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 31.1.25 |  | 31.1.24

£ | £ |

| Current tax:

| UK corporation tax | 55,926 |  | 13,122 |  |

| Deferred tax | 33,008 |  | 53,892 |  |

| Tax on profit | 88,934 |  | 67,014 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

9. | TAXATION - continued

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 31.1.25 |  | 31.1.24

£ | £ |

| Profit before tax | 341,607 |  | 214,958 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 85,402 |  | 53,740 |  |

| Effects of:

| Expenses not deductible for tax purposes | 305 |  | 656 |  |

| Capital allowances in excess of depreciation | (29,408 | ) | (38,323 | ) |

| Deferred tax effects | 33,008 |  | 53,892 |  |

| Reduction in tax rate effects | (373 | ) | (2,951 | ) |

| Total tax charge | 88,934 |  | 67,014 |  |

| Tax effects relating to effects of other comprehensive income |

| 31.1.25 |

| Gross |  | Tax |  | Net |

£ | £ | £ |

| Deferred tax movement on revalued assets | 2,495 |  | - |  | 2,495 |  |

| 31.1.24 |

| Gross |  | Tax |  | Net |

£ | £ | £ |

| Deferred tax movement on revalued assets | 2,530 |  | - |  | 2,530 |  |

| If the company's revalued assets were to be sold at their carrying values a deferred tax charge of £93,577 |

| (2024: £96,072) would be incurred. If the company's non-revalued assets were to be sold at their carrying values a deferred tax charge of £364,190 (2024: £331,182) would be incurred.

10. | DIVIDENDS

| 31.1.25 |  | 31.1.24

£ | £ |

| Ordinary shares of £1 each

| Interim | - |  | 178,000 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

11. | TANGIBLE FIXED ASSETS

| Freehold |  | Long |

| property |  | leasehold |  | Development

£ | £ | £ |

| COST OR VALUATION

| At 1 February 2024 | 876,493 |  | 3,095,651 |  | 28,667 |  |

| Additions | - |  | 194,733 |  | - |  |

| Disposals | - |  | - |  | - |  |

| At 31 January 2025 | 876,493 |  | 3,290,384 |  | 28,667 |  |

| DEPRECIATION

| At 1 February 2024 | 68,824 |  | 298,500 |  | 28,667 |  |

| Charge for year | 9,832 |  | 37,282 |  | - |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 January 2025 | 78,656 |  | 335,782 |  | 28,667 |  |

| NET BOOK VALUE

| At 31 January 2025 | 797,837 |  | 2,954,602 |  | - |  |

| At 31 January 2024 | 807,669 |  | 2,797,151 |  | - |  |

| Cable car |

| Plant and |  | and |  | Motor |

| machinery |  | attractions |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1 February 2024 | 670,997 |  | 2,430,479 |  | 73,668 |  | 7,175,955 |  |

| Additions | 55,254 |  | 312,287 |  | - |  | 562,274 |  |

| Disposals | (20,477 | ) | - |  | - |  | (20,477 | ) |

| At 31 January 2025 | 705,774 |  | 2,742,766 |  | 73,668 |  | 7,717,752 |  |

| DEPRECIATION

| At 1 February 2024 | 444,430 |  | 1,334,103 |  | 70,801 |  | 2,245,325 |  |

| Charge for year | 77,095 |  | 126,334 |  | 717 |  | 251,260 |  |

| Eliminated on disposal | (13,745 | ) | - |  | - |  | (13,745 | ) |

| At 31 January 2025 | 507,780 |  | 1,460,437 |  | 71,518 |  | 2,482,840 |  |

| NET BOOK VALUE

| At 31 January 2025 | 197,994 |  | 1,282,329 |  | 2,150 |  | 5,234,912 |  |

| At 31 January 2024 | 226,567 |  | 1,096,376 |  | 2,867 |  | 4,930,630 |  |

| Included in cost or valuation of land and buildings is freehold land of £ 384,895 (2024 - £ 384,895 ) which is not depreciated.

| All of the company's fixed assets are held as security against bank loans.

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

11. | TANGIBLE FIXED ASSETS - continued

| Cost or valuation at 31 January 2025 is represented by:

| Freehold |  | Long |

| property |  | leasehold |  | Development

£ | £ | £ |

| Valuation in 2005 | 153,657 |  | 502,902 |  | - |  |

| Valuation in 2008 | 321,652 |  | 1,066,417 |  | - |  |

| Valuation in 2012 | (2,772 | ) | 41,279 |  | - |  |

| Cost | 403,956 |  | 1,679,786 |  | 28,667 |  |

876,493 |  | 3,290,384 |  | 28,667 |  |

| Cable car |

| Plant and |  | and |  | Motor |

| machinery |  | attractions |  | vehicles |  | Totals

£ | £ | £ | £ |

| Valuation in 2005 | - |  | - |  | - |  | 656,559 |  |

| Valuation in 2008 | - |  | - |  | - |  | 1,388,069 |  |

| Valuation in 2012 | - |  | - |  | - |  | 38,507 |  |

| Cost | 705,774 |  | 2,742,766 |  | 73,668 |  | 5,634,617 |  |

705,774 |  | 2,742,766 |  | 73,668 |  | 7,717,752 |  |

| If freehold and leasehold assets had not been revalued they would have been included at the following historical cost:

| 31.1.25 |  | 31.1.24

£ | £ |

| Cost | 2,083,742 |  | 1,889,009 |  |

| Aggregate depreciation | 262,657 |  | 235,519 |  |

| Value of land in freehold land and buildings | 160,795 |  | 160,795 |  |

| The movement in the revaluation reserve for the year ended 31 January 2025 in respect of revalued assets is as follows: |  |

|  | Freehold land and buildings |  | Leasehold property |  | Total |

|  | £ |  | £ |  | £ |

| Balance b/fwd as at 1 February 2024 |  |  | 417,041 |  | 1,509,452 |  | 1,926,493 |

| Transfer of depreciation on revaluation |  |  | (4,969 | ) | (13,935 | ) | (18,904 | )

| Deferred tax movement |  |  | - |  | 2,495 |  | 2,495 |

| Balance c/fwd as at 31 January 2025 |  |  | 412,072 |  | 1,498,012 |  | 1,910,084 |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

12. | STOCKS

| 31.1.25 |  | 31.1.24

£ | £ |

| Goods for resale | 56,982 |  | 37,142 |  |

13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.25 |  | 31.1.24

£ | £ |

| Trade debtors | - |  | 10,200 |  |

| Other debtors | 66,987 |  | 140,875 |  |

| Prepayments | 102,751 |  | 118,503 |  |

169,738 |  | 269,578 |  |

14. | CURRENT ASSET INVESTMENTS

| 31.1.25 |  | 31.1.24

£ | £ |

| Short term deposits | - |  | 1,200,000 |  |

15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.25 |  | 31.1.24

£ | £ |

| Bank loans and overdrafts (see note 17) | 46,315 |  | 40,387 |  |

| Trade creditors | 466,765 |  | 387,183 |  |

| Corporation tax | 55,926 |  | 13,122 |  |

| Social security and other taxes | 25,726 |  | 21,061 |  |

| Other creditors | 8,588 |  | 7,448 |  |

| Directors' current accounts | 7,324 |  | 191,543 |  |

| Accrued expenses | 102,585 |  | 110,890 |  |

713,229 |  | 771,634 |  |

16. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.1.25 |  | 31.1.24

£ | £ |

| Bank loans (see note 17) | 1,352,721 |  | 1,401,116 |  |

17. | LOANS

| An analysis of the maturity of loans is given below:

| 31.1.25 |  | 31.1.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 46,315 |  | 40,387 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 218,705 |  | 194,198 |  |

| Amounts falling due in more than five years:

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

17. | LOANS - continued

| 31.1.25 |  | 31.1.24

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yrs by instalments | 1,134,016 |  | 1,206,918 |  |

18. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.1.25 |  | 31.1.24

£ | £ |

| Within one year | 119,577 |  | 115,697 |  |

| Between one and five years | 515,529 |  | 513,461 |  |

| In more than five years | 153,000 |  | 255,000 |  |

788,106 |  | 884,158 |  |

19. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.1.25 |  | 31.1.24

£ | £ |

| Bank loans | 1,399,036 |  | 1,441,503 |  |

| The bank loan was drawn down in December 2021 and is repayable over a period of 20 years at an interest rate of 2.25% per annum over base rate.

20. | PROVISIONS FOR LIABILITIES

| 31.1.25 |  | 31.1.24

£ | £ |

| Deferred tax | 457,767 |  | 427,254 |  |

| Deferred |

| tax |

£ |

| Balance at 1 February 2024 | 427,254 |  |

| Accelerated capital allowances | 33,008 |  |

| Movement on revalued assets | (2,495 | ) |

| Balance at 31 January 2025 | 457,767 |  |

21. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.1.25 |  | 31.1.24

| value: | £ | £ |

| 173,000 | Ordinary | £1 | 173,000 |  | 173,000 |  |

| HEIGHTS OF ABRAHAM (MATLOCK BATH) |

| LIMITED (REGISTERED NUMBER: 00683982) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 January 2025

22. | RESERVES

|  | Retained earnings |  | Revaluation reserve |  | Capital redemption reserve |  | Totals |  |

|  | £ |  | £ |  | £ |  | £ |  |

| At 1 February 2024 |  | 2,568,756 |  | 1,926,493 |  | 127,000 |  | 4,622,249 |  |

| Total comprehensive income |  | 252,673 |  | 2,495 |  | - |  | 255,168 |  |

| Transfer of depreciation |  | 18,904 |  | (18,904 | ) | - |  | - |  |

| At 31 January 2025 |  | 2,840,333 |  | 1,910,084 |  | 127,000 |  | 4,877,417 |  |

23. | PENSION COMMITMENTS

| The company contributed £68,547 (2024: £60,391) to money purchase pension schemes during the year.

| At the year end £8,588 (2024: £6,931) was owed to the pension provider in respect of pension contributions.

24. | RELATED PARTY DISCLOSURES

| Entities with control, joint control or significant influence over the entity

| 31.1.25 |  | 31.1.24

£ | £ |

| Rent payable | 100,000 |  | 100,000 |  |

| Key management personnel of the entity or its parent (in the aggregate)

| 31.1.25 |  | 31.1.24

£ | £ |

| Amount due to related parties | 30,824 |  | 201,542 |  |

| Entities that provide key management personnel services to the entity

| 31.1.25 |  | 31.1.24

£ | £ |

| Services provided | - |  | 19,000 |  |

| Other related parties |

| A family member of one of the directors occupies one of the company's properties.

| During the year, a total of key management personnel compensation of £ 301,234 (2024 - £ 301,097 ) was paid.

25. | POST BALANCE SHEET EVENTS

| In July 2025 the business was shut for 7 days due to an engineering breakdown on the cable car. The claims for repair costs and lost revenue are currently being assessed by insurers. The Directors expect to recover the costs and the majority of the lost revenue.

26. | CONTROLLING PARTY

| The controlling party is A J Pugh MBE, DL.