Kirkstone Foot Holiday Apartments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08932388

Kirkstone Foot Holiday Apartments Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2026

Kirkstone Foot Holiday Apartments Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Intangible assets	5	16,000	18,000
Tangible assets	6	7,958	7,707
		--------	--------
		23,958	25,707

Current assets

Debtors	7	1,096	655
Cash at bank and in hand		90,842	94,807
		--------	--------
		91,938	95,462

Creditors: amounts falling due within one year	8	85,720		91,286
		--------		--------
Net current assets			6,218	4,176
			--------	--------
Total assets less current liabilities			30,176	29,883
			--------	--------

Capital and reserves

Called up share capital	200	200
Profit and loss account	29,976	29,683
	--------	--------
Shareholders funds	30,176	29,883
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Kirkstone Foot Holiday Apartments Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 20 May 2026 , and are signed on behalf of the board by:

Miss S Ellmer
Director

Company registration number: 08932388

Kirkstone Foot Holiday Apartments Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Mannin Way, Lancaster Business Park, Caton Road, Lancaster, LA1 3SW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant & Machinery	-	20% reducing balance

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Intangible assets

	Goodwill
	£

Cost
At 1 April 2025 and 31 March 2026	40,000
	--------
Amortisation
At 1 April 2025	22,000
Charge for the year	2,000
	--------
At 31 March 2026	24,000
	--------
Carrying amount
At 31 March 2026	16,000
	--------
At 31 March 2025	18,000
	--------

6. Tangible assets

Office building	Plant and machinery	Total
£	£	£

Cost
At 1 April 2025	6,579	3,561	10,140
Additions	–	750	750
Disposals	–	( 520)	( 520)
	-------	-------	--------
At 31 March 2026	6,579	3,791	10,370
	-------	-------	--------
Depreciation
At 1 April 2025	–	2,433	2,433
Charge for the year	–	345	345
Disposals	–	( 366)	( 366)
	-------	-------	--------
At 31 March 2026	–	2,412	2,412
	-------	-------	--------
Carrying amount
At 31 March 2026	6,579	1,379	7,958
	-------	-------	--------
At 31 March 2025	6,579	1,128	7,707
	-------	-------	--------

7. Debtors

	2026	2025
	£	£

Prepayments and accrued income	859	526
Other debtors	237	129
	-------	----
	1,096	655
	-------	----

8. Creditors: amounts falling due within one year

	2026	2025
	£	£

Trade creditors	13,752	14,481
Corporation tax	5,531	4,801
Social security and other taxes	1,418	1,450
Director loan accounts	11,522	10,729
Holiday deposits	51,517	57,845
Other creditors	1,980	1,980
	--------	--------
	85,720	91,286
	--------	--------

9. Director's advances, credits and guarantees

The director had a current account with the company which remained in credit throughout the year.