REGISTERED NUMBER: 07188399 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Heathside Haven Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

J G Wright

K R Wright

REGISTERED OFFICE:

The Barn

11 Bury Road

Thetford

Norfolk

IP24 3PJ

REGISTERED NUMBER:

07188399 (England and Wales)

ACCOUNTANTS:

Knights Lowe

The Barn

11 Bury Road

Thetford

Norfolk

IP24 3PJ

BANKERS:

Lloyds TSB

43 The Thoroughfare

Halesworth

Suffolk

IP19 8AX

FIXED ASSETS

Tangible assets

4

4,580,203

4,590,330

CURRENT ASSETS

Stocks

15,273

14,979

Debtors

5

2,669

5,043

Cash at bank and in hand

82,364

158,282

100,306

178,304

CREDITORS

Amounts falling due within one year

6

50,807

86,380

NET CURRENT ASSETS

49,499

91,924

TOTAL ASSETS LESS CURRENT LIABILITIES

4,629,702

4,682,254

CREDITORS

Amounts falling due after more than one year

7

(881,437

)

(981,522

)

PROVISIONS FOR LIABILITIES

8

(689,757

)

(685,465

)

NET ASSETS

3,058,508

3,015,267

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

1,993,380

1,966,172

Retained earnings

1,065,028

1,048,995

SHAREHOLDERS' FUNDS

3,058,508

3,015,267

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 17 November 2025 and were signed on its behalf by:

K R Wright - Director

1.	STATUTORY INFORMATION

Heathside Haven 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the net value of shop sales and the hire of lodges and the caravan site, excluding value added tax.

Tangible fixed assets

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

Site development

-

2% straight line on buildings

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Assets are initially measured at cost, comprising the purchase price and any costs attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by the directors.

Plant and machinery, fixtures and fittings, and computer equipment are carried in the balance sheet at depreciated historical cost basis.

Site development is measured at fair value determined as current sales value.

Assets included in the balance sheet at fair value are revalued sufficiently regularly to ensure that their carrying amount is not materially different from their current value at the end of the financial year. Revalued amounts are reflected in the revaluation reserve.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

5,672,428

280,101

5,952,529

Additions

10,241

-

10,241

Revaluations

100,000

-

100,000

At 31 March 2025

5,782,669

280,101

6,062,770

DEPRECIATION

At 1 April 2024

1,100,877

261,322

1,362,199

Charge for year

115,653

4,715

120,368

At 31 March 2025

1,216,530

266,037

1,482,567

NET BOOK VALUE

At 31 March 2025

4,566,139

14,064

4,580,203

At 31 March 2024

4,571,551

18,779

4,590,330

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2025

3,352,865

-

3,352,865

Cost

2,429,804

280,101

2,709,905

5,782,669

280,101

6,062,770

If land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

2,429,804

2,419,563

Aggregate depreciation

518,165

469,573

Land and buildings were valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,669

5,043

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

24,176

23,247

Taxation and social security

21,431

44,144

Other creditors

5,200

18,989

50,807

86,380

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

881,437

981,522

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Capital allowances in excess of deprecation

28,632

30,075

On revaluation

661,125

655,390

689,757

685,465

Deferred

tax

£

Balance at 1 April 2024

685,465

Provided during year

4,292

Balance at 31 March 2025

689,757

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

1,966,172

Land & buildings

27,208

At 31 March 2025

1,993,380

11.	RELATED PARTY DISCLOSURES

Other creditors due within one year and after one year include a total amount owed to the directors of £881,437 (2024 - £981,522).