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Registration number: 04116136

Briar Hill Limited
Unaudited Filleted Financial Statements
for the Year Ended 25 March 2025

Briar Hill Limited

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 6

Briar Hill Limited

(Registration number: 04116136)
Statement of Financial Position as at 25 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 9,926 | 13,072
Current assets |  |  |
Debtors | 5 | 258,314 | 196,578
Cash at bank and in hand |  | 89 | 22,112
|  | 258,403 | 218,690
Creditors: Amounts falling due within one year | 6 | (263,607) | (217,562)
Net current (liabilities)/assets |  | (5,204) | 1,128
Total assets less current liabilities |  | 4,722 | 14,200
Creditors: Amounts falling due after more than one year | 6 | (4,167) | (14,167)
Net assets |  | 555 | 33
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Profit and loss account |  | 553 | 31
Shareholders' funds |  | 555 | 33

For the financial year ending 25 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.

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 Statement of Comprehensive Income.

Approved and authorised by the Board on 25 March 2026 and signed on its behalf by:

Mr S McCready Director

Briar Hill Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 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:
Westcotts
Plym House, 3 Longbridge Road
Marsh Mills
Plymouth
Devon
PL6 8LT

Principal activity

The principal activity of the company is the operation of a holiday park.

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Briar Hill Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 March 2025 (continued)

2 | Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

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.

Tangible assets

Tangible assets are stated in the statement of financial position 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.

Briar Hill Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 March 2025 (continued)

2 | Accounting policies (continued)

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
Leasehold property | 10% straight line
Plant and machinery | 25% straight line
Motor vehicles | 20% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, 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. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Briar Hill Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 March 2025 (continued)

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Tangible assets

| Long leasehold property £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 26 March 2024 | 82,934 | 25,039 | 16,500 | 124,473
Additions | 2,749 | - | - | 2,749
At 25 March 2025 | 85,683 | 25,039 | 16,500 | 127,222
Depreciation
At 26 March 2024 | 70,529 | 24,372 | 16,500 | 111,401
Charge for the year | 5,428 | 467 | - | 5,895
At 25 March 2025 | 75,957 | 24,839 | 16,500 | 117,296
Carrying amount
At 25 March 2025 | 9,726 | 200 | - | 9,926
At 25 March 2024 | 12,405 | 667 | - | 13,072

5 | Debtors

|  | 2025 £ | 2024 £
Trade debtors |  | 56,171 | 59,125
Other debtors |  | 148,298 | 99,971
Deferred tax assets |  | 238 | 185
Income tax asset |  | 53,607 | 37,297
|  | 258,314 | 196,578

Briar Hill Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 March 2025 (continued)

6 | Creditors

Creditors: amounts falling due within one year

|  | 2025 £ | 2024 £
Loans and borrowings |  | 35,812 | 20,000
Taxation and social security |  | 49,132 | 33,547
Accruals and deferred income |  | 4,888 | 5,388
Other creditors |  | 173,775 | 158,627
|  | 263,607 | 217,562

Creditors: amounts falling due after more than one year

|  | 2025 £ | 2024 £
Loans and borrowings |  | 4,167 | 14,167

Barclays Bank PLC have a fixed and floating debenture over the undertaking and all property and assets present and future.

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

8 | Related party transactions

Transactions with directors

During the year the directors entered into the following advances and credits with the company:

2025 | At 26 March 2024 £ | Advances to director £ | Repayments by director £ | At 25 March 2025 £
Directors | 99,971 | 142,677 | (94,350) | 148,298

2024 | At 26 March 2023 £ | Advances to director £ | Repayments by director £ | At 25 March 2024 £
Directors | 11,315 | 177,869 | (89,213) | 99,971

Directors' loans are repayable on demand. Interest has been charged at the HMRC prescribed rate of 2.25%, resulting in a charge to the director of £3,501 this year, (2024 - £1,951).