2024-03-01 2025-02-28 2025-02-28 false 04966704 HERDWICK CROFT HOLIDAY ENTERPRISES LIMITED 2025-11-10 55300 false iso4217:GBP xbrli:pure 04966704 2024-02-29 04966704 2025-02-28 04966704 2024-03-01 2025-02-28 04966704 2023-02-28 04966704 2024-02-29 04966704 2023-03-01 2024-02-29 04966704 bus:SmallEntities 2024-03-01 2025-02-28 04966704 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04966704 bus:FullAccounts 2024-03-01 2025-02-28 04966704 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04966704 core:WithinOneYear 2025-02-28 04966704 core:AfterOneYear 2025-02-28 04966704 core:WithinOneYear 2024-02-29 04966704 core:AfterOneYear 2024-02-29 04966704 core:ShareCapital 2025-02-28 04966704 core:SharePremium 2025-02-28 04966704 core:RevaluationReserve 2025-02-28 04966704 core:OtherReservesSubtotal 2025-02-28 04966704 core:RetainedEarningsAccumulatedLosses 2025-02-28 04966704 core:ShareCapital 2024-02-29 04966704 core:SharePremium 2024-02-29 04966704 core:RevaluationReserve 2024-02-29 04966704 core:OtherReservesSubtotal 2024-02-29 04966704 core:RetainedEarningsAccumulatedLosses 2024-02-29 04966704 core:LandBuildings 2025-02-28 04966704 core:PlantMachinery 2025-02-28 04966704 core:Vehicles 2025-02-28 04966704 core:FurnitureFittings 2025-02-28 04966704 core:OfficeEquipment 2025-02-28 04966704 core:NetGoodwill 2025-02-28 04966704 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 04966704 core:ListedExchangeTraded 2025-02-28 04966704 core:UnlistedNon-exchangeTraded 2025-02-28 04966704 core:LandBuildings 2024-02-29 04966704 core:PlantMachinery 2024-02-29 04966704 core:Vehicles 2024-02-29 04966704 core:FurnitureFittings 2024-02-29 04966704 core:OfficeEquipment 2024-02-29 04966704 core:NetGoodwill 2024-02-29 04966704 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 04966704 core:ListedExchangeTraded 2024-02-29 04966704 core:UnlistedNon-exchangeTraded 2024-02-29 04966704 core:LandBuildings 2024-03-01 2025-02-28 04966704 core:PlantMachinery 2024-03-01 2025-02-28 04966704 core:Vehicles 2024-03-01 2025-02-28 04966704 core:FurnitureFittings 2024-03-01 2025-02-28 04966704 core:OfficeEquipment 2024-03-01 2025-02-28 04966704 core:NetGoodwill 2024-03-01 2025-02-28 04966704 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 04966704 core:ListedExchangeTraded 2024-03-01 2025-02-28 04966704 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 04966704 core:MoreThanFiveYears 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments 2025-02-28 04966704 core:Non-currentFinancialInstruments 2024-02-29 04966704 dpl:CostSales 2024-03-01 2025-02-28 04966704 dpl:DistributionCosts 2024-03-01 2025-02-28 04966704 core:LandBuildings 2024-03-01 2025-02-28 04966704 core:PlantMachinery 2024-03-01 2025-02-28 04966704 core:Vehicles 2024-03-01 2025-02-28 04966704 core:FurnitureFittings 2024-03-01 2025-02-28 04966704 core:OfficeEquipment 2024-03-01 2025-02-28 04966704 dpl:AdministrativeExpenses 2024-03-01 2025-02-28 04966704 core:NetGoodwill 2024-03-01 2025-02-28 04966704 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 04966704 dpl:GroupUndertakings 2024-03-01 2025-02-28 04966704 dpl:ParticipatingInterests 2024-03-01 2025-02-28 04966704 dpl:GroupUndertakings core:ListedExchangeTraded 2024-03-01 2025-02-28 04966704 core:ListedExchangeTraded 2024-03-01 2025-02-28 04966704 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 04966704 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 04966704 dpl:CostSales 2023-03-01 2024-02-29 04966704 dpl:DistributionCosts 2023-03-01 2024-02-29 04966704 core:LandBuildings 2023-03-01 2024-02-29 04966704 core:PlantMachinery 2023-03-01 2024-02-29 04966704 core:Vehicles 2023-03-01 2024-02-29 04966704 core:FurnitureFittings 2023-03-01 2024-02-29 04966704 core:OfficeEquipment 2023-03-01 2024-02-29 04966704 dpl:AdministrativeExpenses 2023-03-01 2024-02-29 04966704 core:NetGoodwill 2023-03-01 2024-02-29 04966704 core:IntangibleAssetsOtherThanGoodwill 2023-03-01 2024-02-29 04966704 dpl:GroupUndertakings 2023-03-01 2024-02-29 04966704 dpl:ParticipatingInterests 2023-03-01 2024-02-29 04966704 dpl:GroupUndertakings core:ListedExchangeTraded 2023-03-01 2024-02-29 04966704 core:ListedExchangeTraded 2023-03-01 2024-02-29 04966704 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-29 04966704 core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-29 04966704 core:NetGoodwill 2025-02-28 04966704 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 04966704 core:LandBuildings 2025-02-28 04966704 core:PlantMachinery 2025-02-28 04966704 core:Vehicles 2025-02-28 04966704 core:FurnitureFittings 2025-02-28 04966704 core:OfficeEquipment 2025-02-28 04966704 core:AfterOneYear 2025-02-28 04966704 core:WithinOneYear 2025-02-28 04966704 core:ListedExchangeTraded 2025-02-28 04966704 core:UnlistedNon-exchangeTraded 2025-02-28 04966704 core:ShareCapital 2025-02-28 04966704 core:SharePremium 2025-02-28 04966704 core:RevaluationReserve 2025-02-28 04966704 core:OtherReservesSubtotal 2025-02-28 04966704 core:RetainedEarningsAccumulatedLosses 2025-02-28 04966704 core:NetGoodwill 2024-02-29 04966704 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 04966704 core:LandBuildings 2024-02-29 04966704 core:PlantMachinery 2024-02-29 04966704 core:Vehicles 2024-02-29 04966704 core:FurnitureFittings 2024-02-29 04966704 core:OfficeEquipment 2024-02-29 04966704 core:AfterOneYear 2024-02-29 04966704 core:WithinOneYear 2024-02-29 04966704 core:ListedExchangeTraded 2024-02-29 04966704 core:UnlistedNon-exchangeTraded 2024-02-29 04966704 core:ShareCapital 2024-02-29 04966704 core:SharePremium 2024-02-29 04966704 core:RevaluationReserve 2024-02-29 04966704 core:OtherReservesSubtotal 2024-02-29 04966704 core:RetainedEarningsAccumulatedLosses 2024-02-29 04966704 core:NetGoodwill 2023-02-28 04966704 core:IntangibleAssetsOtherThanGoodwill 2023-02-28 04966704 core:LandBuildings 2023-02-28 04966704 core:PlantMachinery 2023-02-28 04966704 core:Vehicles 2023-02-28 04966704 core:FurnitureFittings 2023-02-28 04966704 core:OfficeEquipment 2023-02-28 04966704 core:AfterOneYear 2023-02-28 04966704 core:WithinOneYear 2023-02-28 04966704 core:ListedExchangeTraded 2023-02-28 04966704 core:UnlistedNon-exchangeTraded 2023-02-28 04966704 core:ShareCapital 2023-02-28 04966704 core:SharePremium 2023-02-28 04966704 core:RevaluationReserve 2023-02-28 04966704 core:OtherReservesSubtotal 2023-02-28 04966704 core:RetainedEarningsAccumulatedLosses 2023-02-28 04966704 core:AfterOneYear 2024-03-01 2025-02-28 04966704 core:WithinOneYear 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:CostValuation 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 04966704 core:Non-currentFinancialInstruments core:CostValuation 2025-02-28 04966704 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-02-28 04966704 core:Non-currentFinancialInstruments core:CostValuation 2024-02-29 04966704 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-02-29 04966704 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-02-29 04966704 bus:Director1 2024-03-01 2025-02-28

HERDWICK CROFT HOLIDAY ENTERPRISES LIMITED

Registered Number
04966704
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

HERDWICK CROFT HOLIDAY ENTERPRISES LIMITED
Company Information
for the year from 1 March 2024 to 28 February 2025

Director | WILSON, Stuart William

Company Secretary | WILSON, Stuart William

Registered Address | Bridge End Farm
| Bassenthwaite
| Keswick
| CA12 4RD

Registered Number | 04966704 (England and Wales)

HERDWICK CROFT HOLIDAY ENTERPRISES LIMITED
Statement of Financial Position
28 February 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 2,062,250 |  |  |  | 2,188,912
|  |  |  | 2,062,250 |  |  |  | 2,188,912
Current assets |  |  |  |  |  |  |  |
Stocks | 5 | 66,319 |  |  |  | 91,293 |  |
Debtors | 6 | 286,195 |  |  |  | 271,248 |  |
Cash at bank and on hand |  | 253 |  |  |  | 253 |  |
|  | 352,767 |  |  |  | 362,794 |  |
Creditors amounts falling due within one year | 7 | (453,054) |  |  |  | (535,333) |  |
Net current assets (liabilities) |  |  |  | (100,287) |  |  |  | (172,539)
Total assets less current liabilities |  |  |  | 1,961,963 |  |  |  | 2,016,373
Creditors amounts falling due after one year | 8 |  |  | (899,145) |  |  |  | (933,365)
Provisions for liabilities | 10 |  |  | (184,389) |  |  |  | (204,726)
Net assets |  |  |  | 878,429 |  |  |  | 878,282
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 101 |  |  |  | 101
Profit and loss account |  |  |  | 878,328 |  |  |  | 878,181
Shareholders' funds |  |  |  | 878,429 |  |  |  | 878,282

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 10 November 2025, and are signed on its behalf by:
WILSON, Stuart William Director Registered Company No. 04966704

HERDWICK CROFT HOLIDAY ENTERPRISES LIMITED
Notes to the Financial Statements
for the year ended 28 February 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Basis of preparation
--- | ---
| The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

| Defined contribution pension plan
--- | ---
| The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

| Current taxation
--- | ---
| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

|  | Reducing balance (%) |  | Straight line (years)
| Land and buildings | - |  | 5
| Fixtures and fittings | 15 |  | -
| Vehicles | 20 |  | -

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease

| Stocks and work in progress
--- | ---
| Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 10 |  | 10

3. | Tangible fixed assets
--- | ---

|  | Land & buildings |  | Plant & machinery |  | Vehicles |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 March 24 | 1,266,258 |  | 1,590,378 |  | 43,091 |  | 2,899,727
| Additions | - |  | 69,526 |  | - |  | 69,526
| At 28 February 25 | 1,266,258 |  | 1,659,904 |  | 43,091 |  | 2,969,253
| Depreciation and impairment
| At 01 March 24 | 154,851 |  | 530,677 |  | 25,287 |  | 710,815
| Charge for year | 31,194 |  | 161,433 |  | 3,561 |  | 196,188
| At 28 February 25 | 186,045 |  | 692,110 |  | 28,848 |  | 907,003
| Net book value
| At 28 February 25 | 1,080,213 |  | 967,794 |  | 14,243 |  | 2,062,250
| At 29 February 24 | 1,111,407 |  | 1,059,701 |  | 17,804 |  | 2,188,912

4. | Impairment of tangible fixed assets
--- | ---
| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

5. | Stocks
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Work in progress | - |  | 3,500
| Finished goods | 66,319 |  | 87,793
| Total | 66,319 |  | 91,293

6. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 236,657 |  | 265,687
| Prepayments and accrued income | 6,139 |  | 5,561
| Total | 242,796 |  | 271,248

7. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 35,859 |  | 150,736
| Bank borrowings and overdrafts | 304,813 |  | 131,905
| Taxation and social security | 16,321 |  | 59,791
| Finance lease and HP contracts | - |  | 45,296
| Other creditors | 89,239 |  | 140,084
| Accrued liabilities and deferred income | 6,822 |  | 7,521
| Total | 453,054 |  | 535,333

8. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 899,145 |  | 869,435
| Other creditors | - |  | 63,930
| Total | 899,145 |  | 933,365

9. | Obligations under finance leases
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Finance lease and HP contracts | - |  | 63,930

10. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 184,389 |  | 204,726
| Total | 184,389 |  | 204,726

11. | Related party transactions
--- | ---
| On 01 March 2024 a director owed the company £165,346. During the period this director was advanced a further £232,271 and repaid £273,714. As at 28 February 2025 this director owed the company £123,904. No interest was charged on this loan. The loan is unsecured and repayable upon demand.