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REGISTERED NUMBER: 11187213 (England and Wales)

Tapwell Park Limited

Financial Statements

for the Period 1st January 2024 to 31st March 2025

| Tapwell Park Limited (Registered number: 11187213) |

Contents of the Financial Statements

for the Period 1st January 2024 to 31st March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Tapwell Park Limited |

Company Information

for the Period 1st January 2024 to 31st March 2025

| DIRECTORS: | The Hon. R M Moreton

| B R A Knight

| A R Jackson

| R K Brown

| REGISTERED OFFICE: | Tortworth Estate Office

| Tortworth

| Wotton-Under-Edge

| Gloucestershire

| GL12 8HF

| REGISTERED NUMBER: | 11187213 (England and Wales)

| ACCOUNTANTS: | Woodward Hale

| Chartered Accountants

| 38 Dollar Street

| Cirencester

| Gloucestershire

| GL7 2AN

| Tapwell Park Limited (Registered number: 11187213) |

Balance Sheet

31st March 2025

| 2025 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 241,311 |  | 252,292 |  |

Investment property | 5 | 20,715,000 |  | 20,715,000 |  |

20,956,311 |  | 20,967,292 |  |

CURRENT ASSETS

Stocks | 50,000 |  | 50,000 |  |

Debtors | 6 | 131,562 |  | 125,652 |  |

Cash at bank | 874,953 |  | 786,323 |  |

1,056,515 |  | 961,975 |  |

CREDITORS

Amounts falling due within one year | 7 | 208,708 |  | 208,881 |  |

NET CURRENT ASSETS | 847,807 |  | 753,094 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 21,804,118 |  | 21,720,386 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (4,422 | ) | (17,375 | ) |

PROVISIONS FOR LIABILITIES | (4,050,201 | ) | (4,031,654 | ) |

NET ASSETS | 17,749,495 |  | 17,671,357 |  |

CAPITAL AND RESERVES

Called up share capital | 15,229,740 |  | 15,229,740 |  |

Retained earnings | 2,519,755 |  | 2,441,617 |  |

SHAREHOLDERS' FUNDS | 17,749,495 |  | 17,671,357 |  |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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.

| Tapwell Park Limited (Registered number: 11187213) |

Balance Sheet - continued

31st March 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st October 2025 and were signed on its behalf by:

The Hon. R M Moreton - Director

| Tapwell Park Limited (Registered number: 11187213) |

Notes to the Financial Statements

for the Period 1st January 2024 to 31st March 2025

1. | STATUTORY INFORMATION

| Tapwell 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.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

| Government grants

| During the year, the company received support by way of a Business interruption Payment from the Government. The Business Interruption Payment is where the Government is paying the first twelve month's interest on a coronavirus bounce back loan. The value of the Business Interruption Payment in these accounts is £834.

| Tapwell Park Limited (Registered number: 11187213) |

Notes to the Financial Statements - continued

for the Period 1st January 2024 to 31st March 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL (2023 - NIL).

4. | TANGIBLE FIXED ASSETS

| In-hand |  | Plant and |

| property |  | machinery |  | Totals

£ | £ | £ |

| COST

| At 1st January 2024

| and 31st March 2025 | 185,000 |  | 87,846 |  | 272,846 |  |

| DEPRECIATION

| At 1st January 2024 | - |  | 20,554 |  | 20,554 |  |

| Charge for period | - |  | 10,981 |  | 10,981 |  |

| At 31st March 2025 | - |  | 31,535 |  | 31,535 |  |

| NET BOOK VALUE

| At 31st March 2025 | 185,000 |  | 56,311 |  | 241,311 |  |

| At 31st December 2023 | 185,000 |  | 67,292 |  | 252,292 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st January 2024

| and 31st March 2025 | 20,715,000 |  |

| NET BOOK VALUE

| At 31st March 2025 | 20,715,000 |  |

| At 31st December 2023 | 20,715,000 |  |

| Fair value at 31st March 2025 is represented by:

£ |

| Valuation in 2022 | 3,508,677 |  |

| Cost | 17,206,323 |  |

20,715,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2023 |

£ | £ |

| Cost | 17,206,323 |  | 17,206,323 |  |

| Investment property was valued on an open market basis on 31st December 2022 by Carter Jonas .

| Tapwell Park Limited (Registered number: 11187213) |

Notes to the Financial Statements - continued

for the Period 1st January 2024 to 31st March 2025

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

2025 | 2023 |

£ | £ |

| Trade debtors | 52,947 |  | 25,710 |  |

| Other debtors | 78,615 |  | 99,942 |  |

131,562 |  | 125,652 |  |

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

2025 | 2023 |

£ | £ |

| Bank loans and overdrafts | 10,448 |  | 10,124 |  |

| Trade creditors | 56,582 |  | 69,203 |  |

| Taxation and social security | 24,691 |  | - |  |

| Other creditors | 116,987 |  | 129,554 |  |

208,708 |  | 208,881 |  |

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

2025 | 2023 |

£ | £ |

| Bank loans | 4,422 |  | 17,375 |  |

9. | RELATED PARTY DISCLOSURES

| At the year end the Company owed £Nil (2023: £18) to The Hon. R M Moreton.

| At the year end the Company owed £29 (2023: £8) to R K Brown.