Company No: 15001916 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2025		31.12.2024
		£		£
Fixed assets
Intangible assets	3	86,071		99,106
Tangible assets	4	2,126,248		1,772,979
		2,212,319		1,872,085
Current assets
Stocks		41,799		0
Debtors	5	33,760		20,049
Cash at bank and in hand		221,013		25,803
		296,572		45,852
Creditors: amounts falling due within one year	6	( 1,241,300)		( 919,203)
Net current liabilities		(944,728)		(873,351)
Total assets less current liabilities		1,267,591		998,734
Creditors: amounts falling due after more than one year	7	( 1,399,909)		( 1,171,707)
Net liabilities		( 132,318)		( 172,973)
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		( 132,418 )		( 173,073 )
Total shareholders' deficit		( 132,318)		( 172,973)

For the financial year ending 31 December 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Silver Sands Holiday Park Limited (registered number: 15001916) were approved and authorised for issue by the Board of Directors on 29 May 2026. They were signed on its behalf by:

Mr A Main Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Silver Sands Holiday Park Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of provision of services is recognised when the services are delivered to the customers.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	10 years straight line
Other intangible assets	3 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
	50 years straight line
Plant and machinery etc.	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Year ended 31.12.2025		Period from 01.09.2023 to 31.12.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Intangible assets

	Goodwill		Other intangible assets		Total
	£		£		£
Cost
At 01 January 2025	100,000		9,106		109,106
At 31 December 2025	100,000		9,106		109,106
Accumulated amortisation
At 01 January 2025	10,000		0		10,000
Charge for the financial year	10,000		3,035		13,035
At 31 December 2025	20,000		3,035		23,035
Net book value
At 31 December 2025	80,000		6,071		86,071
At 31 December 2024	90,000		9,106		99,106

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 January 2025	1,497,116		339,864		1,836,980
Additions	16,094		465,188		481,282
Disposals	0		( 73,344)		( 73,344)
At 31 December 2025	1,513,210		731,708		2,244,918
Accumulated depreciation
At 01 January 2025	14,596		49,405		64,001
Charge for the financial year	15,462		50,604		66,066
Disposals	0		( 11,397)		( 11,397)
At 31 December 2025	30,058		88,612		118,670
Net book value
At 31 December 2025	1,483,152		643,096		2,126,248
At 31 December 2024	1,482,520		290,459		1,772,979

5. Debtors

	31.12.2025		31.12.2024
	£		£
Other debtors	33,760		20,049

6. Creditors: amounts falling due within one year

	31.12.2025		31.12.2024
	£		£
Bank loans	85,439		18,862
Trade creditors	149,556		3,306
Amounts owed to Group undertakings	90,000		0
Other creditors	916,305		897,035
	1,241,300		919,203

7. Creditors: amounts falling due after more than one year

	31.12.2025		31.12.2024
	£		£
Bank loans	1,399,909		1,171,707

The bank loans are secured.

8. Called-up share capital

	31.12.2025		31.12.2024
	£		£
Allotted, called-up and fully-paid
50 Ordinary A shares of £ 1.00 each	50		50
50 Ordinary B shares of £ 1.00 each	50		50
	100		100

9. Related party transactions

Transactions with owners holding a participating interest in the entity

	31.12.2025		31.12.2024
	£		£
The company has received an interest free loan from another company associated to the directors of	90,000		0