Treworgans Holiday Park Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—6

Registered number: 11127714

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		165,000		165,000
Tangible Assets	5		1,706,126		1,712,081

			1,871,126		1,877,081
CURRENT ASSETS
Stocks		-		149,788
Debtors		29,164		10,249
Cash at bank and in hand		214,758		105,235

		243,922		265,272
Creditors: Amounts Falling Due Within One Year		(241,808 )		(242,322 )

NET CURRENT ASSETS (LIABILITIES)			2,114		22,950

TOTAL ASSETS LESS CURRENT LIABILITIES			1,873,240		1,900,031

Creditors: Amounts Falling Due After More Than One Year	6		(381,530 )		(482,147 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,562 )		(5,269 )

NET ASSETS			1,486,148		1,412,615

CAPITAL AND RESERVES
Called up share capital	10		1,002		1,002
Share premium account			1,329,650		1,329,650
Profit and Loss Account			155,496		81,963

SHAREHOLDERS' FUNDS			1,486,148		1,412,615

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Treworgans Holiday Park Ltd

Abridged Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr M R Smith Director	Mrs T Smith Director
28th May 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Treworgans Holiday Park Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11127714 . The registered office is Treworgans Holiday Park, Cubert, Newquay, Cornwall, TR8 5HH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. The Directors are of the opinion that goodwill amortisation should be postponed as there has not been any perceived diminution in value.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.

The Directors are of the opinion that there has been no diminution in value with regard to the company's freehold property and hence no depreciation has been charged in the year.

Plant and machinery	15% on reducing balance
Motor vehicles	25% on reducing balance
Fixtures and fittings	15% on reducing balance
Computer equipment	15% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Treworgans Holiday Park Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

4. Intangible Assets

	Total
	£
Cost
As at 1 March 2025	165,000

As at 28 February 2026	165,000

Net Book Value
As at 28 February 2026	165,000

As at 1 March 2025	165,000

5. Tangible Assets

	Total
	£
Cost
As at 1 March 2025	1,781,243
Additions	35,212
Disposals	(24,469 )

As at 28 February 2026	1,791,986

...CONTINUED

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Treworgans Holiday Park Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

Depreciation
As at 1 March 2025	69,162
Provided during the period	26,140
Disposals	(9,442 )

As at 28 February 2026	85,860

Net Book Value
As at 28 February 2026	1,706,126

As at 1 March 2025	1,712,081

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Motor vehicles	-	26,667

Cost or valuation as at 28 February 2026 represented by:

	Land & Property
	Freehold	Plant and machinery	Motor vehicles	Fixtures and fittings
	£	£	£	£
At cost	769,991	119,450	75,325	6,887
At valuation	815,009	-	-	-

	1,585,000	119,450	75,325	6,887


	Computer equipment	Total
	£	£
At cost	5,324	976,977
At valuation	-	815,009

	5,324	1,791,986

6. Creditors: amounts falling due after five years

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2026		2025
	£		£
Bank loans	329,354		421,763

7. Secured Creditors

Of the creditors the following amounts are secured.

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	30,318
Bank loans and overdrafts	394,574	497,243

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Treworgans Holiday Park Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	30,318

9. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 March 2025	5,269	5,269
Accelerated capital allowances	293	293

Balance at 28 February 2026	5,562	5,562

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,002	1,002

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