REGISTERED NUMBER: 14632850 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 August 2025

for

Cardale Retreats Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

1,742,729

1,010,633

CURRENT ASSETS

Debtors

5

326

4,060

Cash at bank and in hand

515

371

841

4,431

CREDITORS

Amounts falling due within one year

6

1,950,444

1,135,527

NET CURRENT LIABILITIES

(1,949,603

)

(1,131,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(206,874

)

(120,463

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(206,974

)

(120,563

)

(206,874

)

(120,463

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2026 and were signed by:

Mr J S Brooksbank - Director

1.	STATUTORY INFORMATION

Cardale Retreats Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14632850

Registered office:

Clifton House

Birkby Lane

Bailiff Bridge

Brighouse

HD6 4JJ

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 UK and Republic of Ireland" and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is recorded at cost during the development phase. After completion investment property will be shown at most recent valuation with any aggregate surplus or deficit arising from changes in fair value being recognised in profit or loss.

Taxation

Current tax, including UK corporation tax is provided at amounts 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 is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date and are expected to apply to the reversal of the timing difference.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an Annual General Meeting.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit and loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - Other debtors, cash and bank balances, trade creditors, other creditors and other loans.

Other debtors, cash and bank balances, trade creditors and other creditors are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

Other loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently measured at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,010,633

Additions

732,096

At 31 August 2025

1,742,729

NET BOOK VALUE

At 31 August 2025

1,742,729

At 31 August 2024

1,010,633

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

326

4,060

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

137,756

4,928

Other creditors

1,812,688

1,130,599

1,950,444

1,135,527

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

150,911

646,956

Other creditors includes loans which are secured by a fixed charge dated 21 April 2023 over the freehold property owned by the company.

8.	CALLED UP SHARE CAPITAL

2025

2024

£

£

Allotted, issued and fully paid

100

100

9.	RELATED PARTY DISCLOSURES

At the balance sheet date £1,591,485 (2024 - £474,482) was owed to entities under common control or controlled by close family members, of the director and shareholder of Cardale Retreats Limited.