Registration number: 00598895

Seadown Holiday Park Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Seadown Holiday Park Limited

(Registration number: 00598895)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	8,174,122	8,382,032
Current assets
Stocks	6	146,290	93,976
Debtors	7	42,888	37,357
Cash at bank and in hand		1,329,866	1,039,368
		1,519,044	1,170,701
Creditors: Amounts falling due within one year	8	(1,798,784)	(1,699,717)
Net current liabilities		(279,740)	(529,016)
Total assets less current liabilities		7,894,382	7,853,016
Creditors: Amounts falling due after more than one year	8	(856)	(3,426)
Provisions for liabilities		(686,346)	(685,023)
Net assets		7,207,180	7,164,567
Capital and reserves
Called up share capital		2,000	2,000
Revaluation reserve		431,111	438,241
Other reserves		4,000	4,000
Retained earnings		6,770,069	6,720,326
Total equity		7,207,180	7,164,567

Seadown Holiday Park Limited

(Registration number: 00598895)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 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 Profit and Loss Account.

Approved and authorised by the Board on 10 April 2026 and signed on its behalf by:
 

Mr M E Osborne Director

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 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:
Seadown Caravan Park Bridge Road
Charmouth
Bridport
Dorset
DT6 6QS

These financial statements were authorised for issue by the Board on 10 April 2026.

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 financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

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

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Revenue recognition

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

The company recognises revenue for the sale of goods when all the following conditions are satisfied:
a) the significant risks and rewards of ownership have been transferred to the buyer;
b) the company retains no continuing involvement or control over the goods;
c) the amount of revenue can be reliably measured;
d) it is probable that future economic benefits will flow to the company; and
e) specific criteria have been met for each of the company's activities.

The company recognises revenue from the provision of services in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
a) the amount of revenue can be reliably measured;
b) it is probable that future economic benefit will flow to the company;
c) the stage of completion of the contract at the end of the reporting period can be reliably measured; and
d) the costs incurred and the costs to complete the contract can be reliably measured.
 

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 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
Freehold land and buildings	0 - 2% straight line

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Plant and machinery	10% reducing balance
Motor vehicles	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or 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.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. 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 profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

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 profit and loss account 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

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 17 (2024 - 20).

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 December 2024	300,002	300,002
At 30 November 2025	300,002	300,002
Amortisation
At 1 December 2024	300,002	300,002
At 30 November 2025	300,002	300,002
Carrying amount
At 30 November 2025	-	-

5	Tangible assets

	Freehold land and buildings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	7,383,008	3,183,832	160,761	10,727,601
Additions	18,419	132,476	-	150,895
Disposals	(31,689)	(113,496)	-	(145,185)
At 30 November 2025	7,369,738	3,202,812	160,761	10,733,311
Depreciation
At 1 December 2024	1,177,755	1,091,876	75,938	2,345,569
Charge for the year	78,925	206,955	21,206	307,086
Eliminated on disposal	(11,545)	(81,921)	-	(93,466)
At 30 November 2025	1,245,135	1,216,910	97,144	2,559,189
Carrying amount
At 30 November 2025	6,124,603	1,985,902	63,617	8,174,122
At 30 November 2024	6,205,253	2,091,956	84,823	8,382,032

Included within the net book value of land and buildings above is £6,124,603 (2024 - £6,205,253) in respect of freehold land and buildings.
 

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Revaluation

The fair value of the company's land and buildings was revalued on 14 July 1998 by an independent valuer.
This was carried out by Fleury Manico.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £5,592,752 (2024 - £5,667,816).

6

Stocks

	2025 £	2024 £
Work in progress	68,478	-
Finished goods and goods for resale	77,812	93,976
	146,290	93,976

7

Debtors

	2025 £	2024 £
Trade debtors	-	4,000
Other debtors	-	15,414
Prepayments	42,888	17,943
	42,888	37,357

8

Creditors

Due within one year	Note	2025 £	2024 £
Loans and borrowings	9	2,570	2,569
Social security and other taxes		60,024	58,752
Other creditors		1,543,196	1,484,004
Accruals		106,977	115,442
Corporation tax liability		40,184	-
Deferred income		45,833	38,950
		1,798,784	1,699,717
Due after one year
Loans and borrowings	9	856	3,426

Seadown Holiday Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025