Company No: 04963840 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	2,623,625		2,692,757
Investments	5	11		11
		2,623,636		2,692,768
Current assets
Stocks	6	704,965		332,094
Debtors	7	1,231,826		1,046,240
Cash at bank and in hand		468,299		211,653
		2,405,090		1,589,987
Creditors: amounts falling due within one year	8	( 431,281)		( 484,240)
Net current assets		1,973,809		1,105,747
Total assets less current liabilities		4,597,445		3,798,515
Creditors: amounts falling due after more than one year	9	( 364,170)		( 82,408)
Provision for liabilities		( 86,062)		( 81,200)
Net assets		4,147,213		3,634,907
Capital and reserves
Called-up share capital		100		100
Profit and loss account		4,147,113		3,634,807
Total shareholders' funds		4,147,213		3,634,907

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge 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 Profit and Loss Account has not been delivered.

The financial statements of Brean Beach Holiday Parks Limited (registered number: 04963840) were approved and authorised for issue by the Board of Directors on 20 October 2025. They were signed on its behalf by:

I C James Director		F M James Director
D F James Director		C I James 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

Brean Beach Holiday Parks 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 Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	25 - 50 years straight line
Leasehold improvements	25 years straight line
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Office equipment	3 years straight line
Other property, plant and equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

All borrowing costs are recognised in the profit or loss in the period in which they are incurred.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. The cost includes new and used caravans held across the three operating caravan parks where the company conducts its trade. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over it's estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares are measured at cost less impairment.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	27		23

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	110,000		110,000
At 31 March 2025	110,000		110,000
Accumulated amortisation
At 01 April 2024	110,000		110,000
At 31 March 2025	110,000		110,000
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

4. Tangible assets

	Land and buildings		Leasehold improve- ments		Plant and machinery		Vehicles		Office equipment		Other property, plant and equipment		Total
	£		£		£		£		£		£		£
Cost
At 01 April 2024	1,252,733		1,076,219		262,205		191,430		31,319		528,369		3,342,275
Additions	13,955		8,145		0		21,479		0		0		43,579
Disposals	0		0		0		( 11,195)		0		0		( 11,195)
At 31 March 2025	1,266,688		1,084,364		262,205		201,714		31,319		528,369		3,374,659
Accumulated depreciation
At 01 April 2024	95,132		30,014		221,298		137,117		27,263		138,694		649,518
Charge for the financial year	13,013		9,094		10,228		17,773		2,751		58,451		111,310
Disposals	0		0		0		( 9,794)		0		0		( 9,794)
At 31 March 2025	108,145		39,108		231,526		145,096		30,014		197,145		751,034
Net book value
At 31 March 2025	1,158,543		1,045,256		30,679		56,618		1,305		331,224		2,623,625
At 31 March 2024	1,157,601		1,046,205		40,907		54,313		4,056		389,675		2,692,757

5. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	11
At 31 March 2025	11
Carrying value at 31 March 2025	11
Carrying value at 31 March 2024	11

6. Stocks

	2025		2024
	£		£
Stocks	704,965		332,094

7. Debtors

	2025		2024
	£		£
Trade debtors	73,464		69,436
Amounts owed by Group undertakings	1,059,826		820,463
Prepayments	12,977		13,077
Other debtors	85,559		143,264
	1,231,826		1,046,240

Amounts owed by Group undertakings are repayable on demand and do not bear interest.

At 31 March 2025 £81,726 was owed by Franian Estates Ltd to Brean Beach Holiday Parks Limited.

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	10,114		10,655
Trade creditors	183,285		191,611
Amounts owed to directors	37,145		51,849
Accruals	16,312		11,424
Taxation and social security	90,018		150,746
Other creditors	94,407		67,955
	431,281		484,240

The bank has fixed and floating charges over the undertaking and all property and assets.

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	2,390		11,319
Other creditors	361,780		71,089
	364,170		82,408

The bank has fixed and floating charges over the undertaking and all property and assets.