HIGHLEY MANOR VENUE LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 12635143 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

HIGHLEY MANOR VENUE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Guy

S A Gilchrist

SECRETARY:

S Guy

REGISTERED OFFICE:

Fairway House

Portland Road

East Sussex

West Sussex

RH19 4ET

REGISTERED NUMBER:

12635143 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Tangible assets

4

661,333

608,914

CURRENT ASSETS

Stocks

16,072

15,905

Debtors

5

954,335

945,072

Cash at bank

188,403

100,677

1,158,810

1,061,654

CREDITORS

Amounts falling due within one year

6

192,235

523,791

NET CURRENT ASSETS

966,575

537,863

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,627,908

1,146,777

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

1,627,907

1,146,776

SHAREHOLDERS' FUNDS

1,627,908

1,146,777

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 10 November 2025 and were signed on its behalf by:

S A Gilchrist - Director

1.	STATUTORY INFORMATION

HIGHLEY MANOR VENUE LTD 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.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

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.

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 39 (2024 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

COST

At 1 April 2024

548,243

104,610

652,853

Additions

61,568

4,872

66,440

At 31 March 2025

609,811

109,482

719,293

DEPRECIATION

At 1 April 2024

-

43,939

Charge for year

-

14,021

At 31 March 2025

-

57,960

NET BOOK VALUE

At 31 March 2025

609,811

51,522

661,333

At 31 March 2024

548,243

60,671

608,914

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Amounts owed by participating interests

954,335

945,072

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

80,758

134,715

Social security and other taxes

12,907

15,383

VAT

86,151

124,525

Other creditors

-

226,144

Accrued expenses

12,419

23,024

192,235

523,791

7.	RELATED PARTY DISCLOSURES

LOANS TO ASSOCIATED COMPANIES

During the year the company made various loans to and from various associated companies. These are shown within the Financial Statements as "Amounts owed to and from participating interests".

The related party transactions were processed on a commercial basis.

8.	ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is 'Gilchrist Holdings Ltd' company number 14268557.