Port Nan Gael Holiday Park Limited SC714034 false 2024-12-01 2025-11-30 2025-11-30 The principal activity of the company is operating a camp site Digita Accounts Production Advanced 6.30.9574.0 true SC714034 2024-12-01 2025-11-30 SC714034 2025-11-30 SC714034 bus:OrdinaryShareClass1 2025-11-30 SC714034 core:RetainedEarningsAccumulatedLosses 2025-11-30 SC714034 core:ShareCapital 2025-11-30 SC714034 core:CurrentFinancialInstruments 2025-11-30 SC714034 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 SC714034 core:LandBuildings 2025-11-30 SC714034 core:OtherPropertyPlantEquipment 2025-11-30 SC714034 core:OtherRelatedParties 2025-11-30 SC714034 core:ParentEntities 2025-11-30 SC714034 bus:SmallEntities 2024-12-01 2025-11-30 SC714034 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 SC714034 bus:FullAccounts 2024-12-01 2025-11-30 SC714034 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC714034 bus:RegisteredOffice 2024-12-01 2025-11-30 SC714034 bus:Director1 2024-12-01 2025-11-30 SC714034 bus:Director2 2024-12-01 2025-11-30 SC714034 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 SC714034 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC714034 bus:Agent1 2024-12-01 2025-11-30 SC714034 core:RetainedEarningsAccumulatedLosses 2024-12-01 2025-11-30 SC714034 core:ShareCapital 2024-12-01 2025-11-30 SC714034 core:LandBuildings 2024-12-01 2025-11-30 SC714034 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 SC714034 core:PlantMachinery 2024-12-01 2025-11-30 SC714034 core:OtherRelatedParties 2024-12-01 2025-11-30 SC714034 core:ParentEntities 2024-12-01 2025-11-30 SC714034 countries:AllCountries 2024-12-01 2025-11-30 SC714034 2024-11-30 SC714034 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC714034 core:ShareCapital 2024-11-30 SC714034 core:LandBuildings 2024-11-30 SC714034 core:OtherPropertyPlantEquipment 2024-11-30 SC714034 core:OtherRelatedParties 2024-11-30 SC714034 core:ParentEntities 2024-11-30 SC714034 2023-12-01 2024-11-30 SC714034 2024-11-30 SC714034 bus:OrdinaryShareClass1 2024-11-30 SC714034 core:CurrentFinancialInstruments 2024-11-30 SC714034 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 SC714034 core:LandBuildings 2024-11-30 SC714034 core:OtherPropertyPlantEquipment 2024-11-30 SC714034 core:OtherRelatedParties 2024-11-30 SC714034 core:ParentEntities 2024-11-30 SC714034 core:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 SC714034 core:ShareCapital 2023-12-01 2024-11-30 SC714034 core:OtherRelatedParties 2023-12-01 2024-11-30 SC714034 core:ParentEntities 2023-12-01 2024-11-30 SC714034 2023-11-30 SC714034 core:RetainedEarningsAccumulatedLosses 2023-11-30 SC714034 core:ShareCapital 2023-11-30 SC714034 core:OtherRelatedParties 2023-11-30 SC714034 core:ParentEntities 2023-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC714034

Port Nan Gael Holiday Park Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2025

Port Nan Gael Holiday Park Limited

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Statement of Comprehensive Income | 5
Balance Sheet | 6
Statement of Changes in Equity | 7
Notes to the Unaudited Financial Statements | 8 to 11

Port Nan Gael Holiday Park Limited

Company Information

Directors | Mr Calum Eoghann Maclachlainn Mr Calum Laurie

Registered office | Unit 8A Baliscate Ind Estate Tobermory Isle Of Mull Argyll Scotland PA75 6QA

Accountants | Jack MacDonald & Co Cuan Aille 1 Aldersyde Taynuilt Argyll PA35 1AG

Port Nan Gael Holiday Park Limited

Directors' Report for the Year Ended 30 November 2025

The directors present their report and the financial statements for the year ended 30 November 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Calum Eoghann Maclachlainn

Mr Calum Laurie

Principal activity

The principal activity of the company is operating a camp site

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 6 May 2026 and signed on its behalf by:

......................................... Mr Calum Eoghann Maclachlainn Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Port Nan Gael Holiday Park Limited
for the Year Ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Port Nan Gael Holiday Park Limited for the year ended 30 November 2025 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Port Nan Gael Holiday Park Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Port Nan Gael Holiday Park Limited and state those matters that we have agreed to state to the Board of Directors of Port Nan Gael Holiday Park Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Port Nan Gael Holiday Park Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Port Nan Gael Holiday Park Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Port Nan Gael Holiday Park Limited. You consider that Port Nan Gael Holiday Park Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Port Nan Gael Holiday Park Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Jack MacDonald & Co
Cuan Aille
1 Aldersyde
Taynuilt
Argyll
PA35 1AG

6 May 2026

Port Nan Gael Holiday Park Limited

Profit and Loss Account for the Year Ended 30 November 2025

| Note | 2025 £ | 2024 £
Turnover |  | 599,983 | 278,790
Cost of sales |  | (77,457) | (46,641)
Gross profit |  | 522,526 | 232,149
Administrative expenses |  | (364,681) | (172,898)
Operating profit |  | 157,845 | 59,251
Other interest receivable and similar income |  | 190 | 77
Interest payable and similar expenses |  | (79) | -
|  | 111 | 77
Profit before tax | 3 | 157,956 | 59,328
Tax on profit |  | (28,949) | -
Profit for the financial year |  | 129,007 | 59,328

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Port Nan Gael Holiday Park Limited

Statement of Comprehensive Income for the Year Ended 30 November 2025

| 2025 £ | 2024 £
Profit for the year | 129,007 | 59,328
Total comprehensive income for the year | 129,007 | 59,328

Port Nan Gael Holiday Park Limited

(Registration number: SC714034)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 684,965 | 549,966
Current assets |  |  |
Debtors | 5 | 10,285 | 21,636
Cash at bank and in hand |  | 178,867 | 12,398
|  | 189,152 | 34,034
Creditors: Amounts falling due within one year | 6 | (706,968) | (545,858)
Net current liabilities |  | (517,816) | (511,824)
Net assets |  | 167,149 | 38,142
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 167,049 | 38,042
Shareholders' funds |  | 167,149 | 38,142

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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 6 May 2026 and signed on its behalf by:

......................................... Mr Calum Eoghann Maclachlainn Director

Port Nan Gael Holiday Park Limited

Statement of Changes in Equity for the Year Ended 30 November 2025

| Share capital £ | Retained earnings £ | Total £
At 1 December 2024 | 100 | 38,042 | 38,142
Profit for the year | - | 129,007 | 129,007
At 30 November 2025 | 100 | 167,049 | 167,149

| Share capital £ | Retained earnings £ | Total £
At 1 December 2023 | 100 | (21,286) | (21,186)
Profit for the year | - | 59,328 | 59,328
At 30 November 2024 | 100 | 38,042 | 38,142

Port Nan Gael Holiday Park Limited

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

1 | 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.

Revenue recognition

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 recognises 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.

Tax

The tax expense for the period comprises current 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.

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
Plant & machinery | 10% reducing balance
Land & buildings | in accordance with the property

Port Nan Gael Holiday Park Limited

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

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.

Trade 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.

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.

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.

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.

2 | Staff numbers

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

3 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 78,348 | 61,650

Port Nan Gael Holiday Park Limited

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

4 | Tangible assets

| Land and buildings £ | Other tangible assets £ | Total £
Cost or valuation
At 1 December 2024 | 152,945 | 500,707 | 653,652
Additions | 139,062 | 74,285 | 213,347
At 30 November 2025 | 292,007 | 574,992 | 866,999
Depreciation
At 1 December 2024 | 20,183 | 83,503 | 103,686
Charge for the year | 29,200 | 49,148 | 78,348
At 30 November 2025 | 49,383 | 132,651 | 182,034
Carrying amount
At 30 November 2025 | 242,624 | 442,341 | 684,965
At 30 November 2024 | 132,762 | 417,204 | 549,966

Included within the net book value of land and buildings above is £242,624 (2024 - £132,762) in respect of long leasehold land and buildings.

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 9,569 | 836
Other debtors | 716 | 20,800
| 10,285 | 21,636

Port Nan Gael Holiday Park Limited

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

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 1,969 | 10,987
Taxation and social security | 28,949 | -
Accruals and deferred income | 1,200 | 1,200
Other creditors | 674,850 | 533,671
| 706,968 | 545,858

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

8 | Related party transactions

Summary of transactions with parent

Tob Property Management & Investment Ltd

Summary of transactions with other related parties

Mr C Maclachlainn (director)

Loans from related parties

2025 | Parent £ | Other related parties £ | Total £
At start of period | 160,200 | 366,600 | 526,800
Advanced | 140,000 | - | 140,000
At end of period | 300,200 | 366,600 | 666,800

2024 | Parent £ | Other related parties £ | Total £
At start of period | 80,000 | 366,600 | 446,600
Advanced | 80,200 | - | 80,200
At end of period | 160,200 | 366,600 | 526,800