Tamar Leisure Holdings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13916726

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,918,085		2,919,141
Investments	5		594,825		1,094,825

			3,512,910		4,013,966
CURRENT ASSETS
Debtors	6	356		-
Cash at bank and in hand		41,017		19,130

		41,373		19,130
Creditors: Amounts Falling Due Within One Year	7	(175,308 )		(447,091 )

NET CURRENT ASSETS (LIABILITIES)			(133,935 )		(427,961 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,378,975		3,586,005

Creditors: Amounts Falling Due After More Than One Year	8		(409,468 )		(430,933 )

NET ASSETS			2,969,507		3,155,072

CAPITAL AND RESERVES
Called up share capital	9		134		134
Share premium account			879,308		879,308
Profit and Loss Account			2,090,065		2,275,630

SHAREHOLDERS' FUNDS			2,969,507		3,155,072

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Tamar Leisure Holdings Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr T Paige

Director

16 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tamar Leisure Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13916726 . The registered office is The Warehouse Marshall Road, Plympton, Plymouth, Devon, PL7 1YB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognised revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Fixtures & Fittings	15% reducing balance
Computer Equipment	3 years straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Tamar Leisure Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	2,916,105	3,793	2,121	2,922,019

As at 31 October 2025	2,916,105	3,793	2,121	2,922,019

Depreciation
As at 1 November 2024	-	1,464	1,414	2,878
Provided during the period	-	349	707	1,056

As at 31 October 2025	-	1,813	2,121	3,934

Net Book Value
As at 31 October 2025	2,916,105	1,980	-	2,918,085

As at 1 November 2024	2,916,105	2,329	707	2,919,141

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 November 2024	1,094,825

As at 31 October 2025	1,094,825

Provision
As at 1 November 2024	-
Impairment losses	500,000

As at 31 October 2025	500,000

Net Book Value
As at 31 October 2025	594,825

As at 1 November 2024	1,094,825

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
Subsidiary undertakings			2024 2023
Tamar Towing & Caravans Ltd	The Warehouse, Marshall Road, Plymouth, Devon, PL7 1YB	Ordinary £1	100% 100%

Subsidiary undertakings

Tamar Towing & Caravans Ltd

The principal activity of Tamar Towing & Caravans Ltd is hire of trailers and retail sale of caravans, trailers and related accessories.

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Tamar Leisure Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	356	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	21,466	20,470
Amounts owed to group undertakings	42,311	292,324
Other creditors	61,152	111,862
Taxation and social security	50,379	22,435

	175,308	447,091

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	229,467	250,933
Other creditors	180,001	180,000

	409,468	430,933

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	134	134

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