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Registration number: 09485160

Holiday Cottages Staffordshire Limited
Unaudited Financial Statements
for the Year Ended 31 March 2025

Holiday Cottages Staffordshire Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 6

Holiday Cottages Staffordshire Limited

(Registration number: 09485160)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 44,480 | 59,121
Investment property | 5 | 1,999,544 | 548,387
Other financial assets |  | 124,800 | 124,800
|  | 2,168,824 | 732,308
Current assets |  |  |
Debtors | 6 | 46,557 | 66,959
Cash at bank and in hand |  | 465,663 | 305,194
|  | 512,220 | 372,153
Creditors: Amounts falling due within one year | 7 | (1,207,675) | (123,830)
Net current (liabilities)/assets |  | (695,455) | 248,323
Total assets less current liabilities |  | 1,473,369 | 980,631
Creditors: Amounts falling due after more than one year | 7 | (1,104,026) | (492,930)
Provisions for liabilities |  | - | (14,780)
Net assets |  | 369,343 | 472,921
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 369,342 | 472,920
Shareholders' funds |  | 369,343 | 472,921

Holiday Cottages Staffordshire Limited

(Registration number: 09485160)
Balance Sheet as at 31 March 2025

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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 December 2025 and signed on its behalf by:

......................................... Mr SP Beaumont Director

Holiday Cottages Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Drayton Beaumont Building
Merrial Street
Newcastle-Under-Lyme
Staffordshire
ST5 2AE
UK

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Income relates to rental premiums received in respect of investment properties owned by the company and is recognised in the period to which the rentals relate

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Holiday Cottages Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fixtures and equipment | 10% straight line basis
Motor Vehicles | 25% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Holiday Cottages Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 67,391 | 80,000 | 147,391
Additions | 669 | - | 669
At 31 March 2025 | 68,060 | 80,000 | 148,060
Depreciation
At 1 April 2024 | 42,020 | 46,250 | 88,270
Charge for the year | 6,872 | 8,438 | 15,310
At 31 March 2025 | 48,892 | 54,688 | 103,580
Carrying amount
At 31 March 2025 | 19,168 | 25,312 | 44,480
At 31 March 2024 | 25,371 | 33,750 | 59,121

5 | Investment properties

| 2025 £
At 1 April | 548,387
Additions | 1,451,157
At 31 March | 1,999,544

There has been no valuation of investment property by an independent valuer.

Holiday Cottages Staffordshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 15,582 | -
Amounts owed by related parties |  | 11,777 | 18,374
Other debtors |  | 19,198 | 48,585
|  | 46,557 | 66,959

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 11,714 | 71,643
Trade creditors |  | 31,559 | 10,896
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | - | 7,162
Other creditors |  | 1,164,402 | 34,129
|  | 1,207,675 | 123,830

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 11,714 | 71,643

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 1,104,026 | 492,930