Harden & Bingley Park Limited

(Registration number: 04691333)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	43,148	50,177
Investment property	5	245,000	817,381
		288,148	867,558
Current assets
Stocks	6	3,283	3,760
Debtors	7	531,999	95,350
Cash at bank and in hand		141,694	75,743
		676,976	174,853
Creditors: Amounts falling due within one year	8	(302,590)	(239,756)
Net current assets/(liabilities)		374,386	(64,903)
Total assets less current liabilities		662,534	802,655
Provisions for liabilities		(855)	(41,220)
Net assets		661,679	761,435
Capital and reserves
Called up share capital	9	150	150
Other reserves		10,685	160,395
Retained earnings		650,844	600,890
Shareholders' funds		661,679	761,435

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.

Harden & Bingley Park Limited

(Registration number: 04691333)
Balance Sheet as at 31 March 2025

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 22 December 2025 and signed on its behalf by:

.........................................
Mr P Davis
Director

Harden & Bingley Park 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:
34 Boulevard
Weston-super-Mare
North Somerset
BS23 1NF

The principal place of business is:
Goit Stock Lane
Harden
Bingley
West Yorkshire
BD16 1DF
United Kingdom

These financial statements were authorised for issue by the Board on 22 December 2025.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

The presentation currency of the financial statements is the Pound Sterling (£). All figures are rounded to the nearest pound.

Harden & Bingley Park Limited

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

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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 recognises revenue when:
The amount of revenue can be reliably measured;
The sale of park homes upon completion;
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.

Foreign currency transactions and balances

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Tax

The tax expense for the period comprises current and 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.

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.

Harden & Bingley Park Limited

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

2	Accounting policies (continued)

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
Shorthold lease	Straight line over 20 years
Furniture, fittings and equipment	Straight line over 8 years and 3 years
Other property, plant and equipment	Straight line over 8 years
Improvements to property	15% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors or 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.

No depreciation is provided in respect of investment properties.

Amortisation

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is stated at
cost price less accumulated amortisiation and less amounts recognised in respect of impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Harden & Bingley Park Limited

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

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in the profit and loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Harden & Bingley Park Limited

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

2	Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instruments is any contact that evidences a residual interest in the assets of the company, after deducting all liabilities.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Harden & Bingley Park Limited

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

4	Tangible assets

Land and buildings
£

Furniture, fittings and equipment
£

Improvements to property
£

Other property, plant and equipment
£

Total
£

Cost or valuation

At 1 April 2024

1

38,004

70,487

67,375

175,867

Additions

-

1,120

-

-

1,120

Disposals

-

(38,004)

-

(1,418)

(39,422)

At 31 March 2025

1

1,120

70,487

65,957

137,565

Depreciation

At 1 April 2024

1

38,004

25,022

62,663

125,690

Charge for the year

-

373

6,820

956

8,149

Eliminated on disposal

-

(38,004)

-

(1,418)

(39,422)

At 31 March 2025

1

373

31,842

62,201

94,417

Carrying amount

At 31 March 2025

-

747

38,645

3,756

43,148

At 31 March 2024

-

-

45,465

4,712

50,177

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of short leasehold land and buildings.

Harden & Bingley Park Limited

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

5	Investment properties

	2025 £
At 1 April	817,381
Disposals	(580,000)
Fair value adjustments	7,619
At 31 March	245,000

The company's investment properties were valued by the directors on an open market basis at 31 March 2023.

If investment properties had not been revalued they would have been included at their historical cost of £234,316 (2024 - £616,945).

A provision has been made for deferred tax on gains recognised on revaluing investment properties to their fair values and unutilised capital losses on disposal.

6

Stocks

	2025 £	2024 £
Other inventories	3,283	3,760

7

Debtors

Current	2025 £	2024 £
Trade debtors	78,749	76,841
Prepayments	14,193	13,063
Other debtors	439,057	5,446
	531,999	95,350

Harden & Bingley Park Limited

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

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	294	13,988
Taxation and social security	117,718	18,589
Accruals and deferred income	119,211	118,224
Other creditors	65,367	88,955
	302,590	239,756

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary 'A' of £1 each	50	50	50	50
Ordinary 'B' of £1 each	50	50	50	50
Ordinary 'C' of £1 each	50	50	50	50
	150	150	150	150

10	Related party transactions

The company operates from land owned personally by the company directors, for which a notional rent of £Nil (2023 - £78) was charged. The company is holding over based on the original expired lease agreement.

Harden & Bingley Park Limited

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

10	Related party transactions (continued)

Key management personnel

During the year a loan was made available to the directors. It was agreed that interest shall be charged at an annual rate of equivalent to HM Revenue & Custom's offical rate, currently 2.25%.

The loan is not considered repayable until the earlier of the directors realising personal assets or the 5th anniversary of the date of this agreement.

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Mr P Davis
Directors loan account	-	327,155	-	327,155

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 12

	Land and buildings £	Furniture, fittings and equipment £	Improvements to property £	Other property, plant and equipment £	Total £
Cost or valuation
At 1 April 2024	1	38,004	70,487	67,375	175,867
Additions	-	1,120	-	-	1,120
Disposals	-	(38,004)	-	(1,418)	(39,422)
At 31 March 2025	1	1,120	70,487	65,957	137,565
Depreciation
At 1 April 2024	1	38,004	25,022	62,663	125,690
Charge for the year	-	373	6,820	956	8,149
Eliminated on disposal	-	(38,004)	-	(1,418)	(39,422)
At 31 March 2025	1	373	31,842	62,201	94,417
Carrying amount
At 31 March 2025	-	747	38,645	3,756	43,148
At 31 March 2024	-	-	45,465	4,712	50,177