The Spinney Holiday & Leisure Park Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 02763946 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

The Spinney Holiday & Leisure Park Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Beddard

J Spry

REGISTERED OFFICE:

Beach Road

Swanbridge

Sully

Vale of Glamorgan

CF64 5UG

REGISTERED NUMBER:

02763946 (England and Wales)

ACCOUNTANTS:

DHB Accountants Limited

Chartered Accountants

Statutory Auditors

110 Whitchurch Road

Cardiff

CF14 3LY

FIXED ASSETS

Tangible assets

4

471,441

481,316

CURRENT ASSETS

Debtors

5

(22,606

)

(14,646

)

Cash at bank and in hand

64,784

21,162

42,178

6,516

CREDITORS

Amounts falling due within one year

6

168,665

64,522

NET CURRENT LIABILITIES

(126,487

)

(58,006

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

344,954

423,310

CREDITORS

Amounts falling due after more than one
year

7

(86,508

)

(135,213

)

PROVISIONS FOR LIABILITIES

(2,014

)

(4,394

)

NET ASSETS

256,432

283,703

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

255,432

282,703

SHAREHOLDERS' FUNDS

256,432

283,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 4 November 2025 and were signed on its behalf by:

G Beddard - Director

J Spry - Director

1.	STATUTORY INFORMATION

The Spinney Holiday & Leisure Park Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

461,772

288,939

750,711

Additions

-

582

At 31 March 2025

461,772

289,521

751,293

DEPRECIATION

At 1 April 2024

-

269,395

Charge for year

-

10,457

At 31 March 2025

-

279,852

NET BOOK VALUE

At 31 March 2025

461,772

9,669

471,441

At 31 March 2024

461,772

19,544

481,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

605

2,065

Other debtors

(23,211

)

(16,711

)

(22,606

)

(14,646

)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

23,326

Trade creditors

837

1,341

Taxation and social security

38,932

54,055

Other creditors

105,570

(14,200

)

168,665

64,522

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

Within creditors falling due after one year is a bank loan which is repayable in September 2028. Capital payments are negotiated from time to time.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank Loan

110,982

124,564

The bank loan is secured by way of first legal charge over the company's freehold land and buildings together with a debenture over the company's assets.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mrs K Beddard and Mrs K Spry.