REGISTERED NUMBER: 08083861 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

NEW FOREST WATER PARK LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

M A Jury

B Jury

Mrs M Varrall

REGISTERED OFFICE:

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

REGISTERED NUMBER:

08083861 (England and Wales)

ACCOUNTANTS:

Ray Bartlett & Co

Accountants & Taxation Consultants

52-54 Winchester Street

Salisbury

Wiltshire

SP1 1HG

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

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of water sports park.

REVIEW OF BUSINESS

During the year the company wrote off inter-company loan balances under the non trading loan relationship legislation.

DIVIDENDS

Interim dividends totalling £460 per share were paid during the year. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 May 2025 will be £ 46,000 .

DIRECTORS

The directors set out in the table below have held office during the whole of the period from 1 June 2024 to the date of this report.

The directors shown below were in office at 31 May 2025 but did not hold any interest in the Ordinary shares of £1 each at 1 June 2024 or 31 May 2025.

M A Jury

B Jury

Mrs M Varrall

ON BEHALF OF THE BOARD:

M A Jury - Director

31 October 2025

FIXED ASSETS

Intangible assets

4

28,000

28,000

Tangible assets

5

5,393,213

1,403,200

5,421,213

1,431,200

CURRENT ASSETS

Stocks

6

7,100

1,700

Debtors

7

107,357

222,752

Cash at bank and in hand

48,784

57,977

163,241

282,429

CREDITORS

Amounts falling due within one year

8

(176,242

)

(654,298

)

NET CURRENT LIABILITIES

(13,001

)

(371,869

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,408,212

1,059,331

PROVISIONS FOR LIABILITIES

9

(103,817

)

(97,519

)

NET ASSETS

5,304,395

961,812

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

5,304,295

961,712

SHAREHOLDERS' FUNDS

5,304,395

961,812

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 31 October 2025 and were signed on its behalf by:

M A Jury - Director

1.	STATUTORY INFORMATION

New Forest Water 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 as modified by the revaluation of certain assets.

Turnover

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

Fishing licence

The company acquired a fishing licence on 3rd July 2023 for £28,000. The licence is not time limited and no amortization provision is deemed necessary by the directors.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Office equipment

-

25% on cost

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 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.

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 company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 June 2024

and 31 May 2025

28,000

NET BOOK VALUE

At 31 May 2025

28,000

At 31 May 2024

28,000

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST OR VALUATION

At 1 June 2024

533,713

473,559

895,787

Additions

279,006

-

135,900

Disposals

-

-

(44,199

)

Revaluations

3,687,281

-

-

At 31 May 2025

4,500,000

473,559

987,488

DEPRECIATION

At 1 June 2024

-

-

513,906

Charge for year

-

-

89,117

Eliminated on disposal

-

-

(24,209

)

At 31 May 2025

-

-

578,814

NET BOOK VALUE

At 31 May 2025

4,500,000

473,559

408,674

At 31 May 2024

533,713

473,559

381,881

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 June 2024

21,824

3,458

36,958

1,965,299

Additions

-

-

-

414,906

Disposals

-

-

-

(44,199

)

Revaluations

-

-

-

3,687,281

At 31 May 2025

21,824

3,458

36,958

6,023,287

DEPRECIATION

At 1 June 2024

16,679

3,000

28,514

562,099

Charge for year

1,286

92

1,689

92,184

Eliminated on disposal

-

-

-

(24,209

)

At 31 May 2025

17,965

3,092

30,203

630,074

NET BOOK VALUE

At 31 May 2025

3,859

366

6,755

5,393,213

At 31 May 2024

5,145

458

8,444

1,403,200

The freehold land & buildings have been revalued during the year by the directors based on their local knowledge and after consultation with others.

6.

STOCKS

31.5.25

31.5.24

£

£

Stocks

7,100

1,700

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed by group undertakings

1,073

-

Other debtors

51,673

37,677

JFICO

-

133,275

VAT

34,157

-

Prepayments and accrued income

20,454

51,800

107,357

222,752

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

5,568

39,359

Other creditors

12,504

20,278

Amounts owed to group undertakings

80,344

447,745

Tax

70,539

70,445

Social security and other taxes

1,235

1,187

VAT

-

65,405

Directors' current accounts

802

4,879

Accrued expenses

5,250

5,000

176,242

654,298

9.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

Accelerated capital allowances

103,817

97,519

Deferred

tax

£

Balance at 1 June 2024

97,519

Accelerated capital allowances

6,298

Balance at 31 May 2025

103,817

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 June 2024

961,712

Profit for the year

701,302

Dividends

(46,000

)

Property revaluation reserve

3,687,281

At 31 May 2025

5,304,295

12.	ULTIMATE CONTROLLING PARTY

The controlling party is New Forest Water Park Group Holdings Limited.

The ultimate controlling party is M A Jury.