REGISTERED NUMBER: 10072249 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Little Owl Farm Park Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr E J Howell

Mrs M L Howell

Registered office:

Little Owl Farm Park

Owl Hill Lane

Dunhampton

Stourport-on-Severn

Worcestershire

DY13 9SS

Registered number:

10072249 (England and Wales)

Accountants:

Crowthers Chartered Accountants

1 Ripple Court

Brockeridge Park

Tewkesbury

Gloucestershire

GL20 6FG

FIXED ASSETS

Tangible assets

4

1,312,958

1,216,180

CURRENT ASSETS

Stocks

43,282

37,110

Debtors

5

4,931

4,162

Prepayments and accrued income

1,443

1,180

Cash at bank and in hand

95,785

115,277

145,441

157,729

CREDITORS

Amounts falling due within one year

6

352,682

472,286

NET CURRENT LIABILITIES

(207,241

)

(314,557

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,105,717

901,623

CREDITORS

Amounts falling due after more than one year

7

(6,877

)

(9,169

)

PROVISIONS FOR LIABILITIES

(96,460

)

(59,214

)

ACCRUALS AND DEFERRED INCOME

(6,741

)

(5,215

)

NET ASSETS

995,639

828,025

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

995,539

827,925

SHAREHOLDERS' FUNDS

995,639

828,025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mr E J Howell - Director

1.	STATUTORY INFORMATION

Little Owl Farm Park 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.

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.

Freehold property

-

NIL

Soft play and childrens equipment

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Tangible assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stock of goods is valued at the lower of costs and net realisable value. Cost represents the purchase price of goods. Net realisable value represents the selling price of completed goods less any costs necessary to complete the goods. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 34 (2024 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Soft play

and

Freehold

childrens

Plant and

property

equipment

machinery

£

£

£

Cost

At 1 April 2024

923,417

304,278

352,762

Additions

23,028

36,589

100,573

At 31 March 2025

946,445

340,867

453,335

Depreciation

At 1 April 2024

-

232,662

215,535

Charge for year

-

27,051

59,450

At 31 March 2025

-

259,713

274,985

Net book value

At 31 March 2025

946,445

81,154

178,350

At 31 March 2024

923,417

71,616

137,227

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

202,511

15,420

11,585

1,809,973

Additions

7,076

36,850

1,153

205,269

At 31 March 2025

209,587

52,270

12,738

2,015,242

Depreciation

At 1 April 2024

124,205

12,186

9,205

593,793

Charge for year

12,807

8,017

1,166

108,491

At 31 March 2025

137,012

20,203

10,371

702,284

Net book value

At 31 March 2025

72,575

32,067

2,367

1,312,958

At 31 March 2024

78,306

3,234

2,380

1,216,180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,931

4,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

26,685

-

Taxation and social security

75,911

110,258

Other creditors

250,086

362,028

352,682

472,286

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

6,877

9,169

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to the directors .

Included within the balance of creditors falling due within one year is an amount of £206,441 (2024: £332,782) owed to the directors of the company. This loan is interest free with no fixed repayment terms.