REGISTERED NUMBER: 11544895 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BOSWELL PARK HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H J Boswell

Mrs M J Boswell

REGISTERED OFFICE:

C/O Galloways Accounting

The Mill Building

31-35 Chatsworth Road

Worthing

West Sussex

BN11 1LY

REGISTERED NUMBER:

11544895 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Intangible assets

4

71,500

77,000

Tangible assets

5

170,204

193,495

241,704

270,495

CURRENT ASSETS

Stocks

6

209,496

98,027

Debtors

7

8,448

20,843

Cash at bank

119,539

43,141

337,483

162,011

CREDITORS

Amounts falling due within one year

8

231,189

168,167

NET CURRENT ASSETS/(LIABILITIES)

106,294

(6,156

)

TOTAL ASSETS LESS CURRENT LIABILITIES

347,998

264,339

CREDITORS

Amounts falling due after more than one year

9

(28,893

)

(33,573

)

PROVISIONS FOR LIABILITIES

11

(10,690

)

(19,888

)

NET ASSETS

308,415

210,878

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

308,413

210,876

SHAREHOLDERS' FUNDS

308,415

210,878

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

H J Boswell - Director

Mrs M J Boswell - Director

1.	STATUTORY INFORMATION

Boswell Park Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

110,000

AMORTISATION

At 1 January 2025

33,000

Amortisation for year

5,500

At 31 December 2025

38,500

NET BOOK VALUE

At 31 December 2025

71,500

At 31 December 2024

77,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

113,943

76,305

62,019

300

252,567

Additions

-

-

707

-

707

Disposals

-

(28,423

)

-

-

(28,423

)

At 31 December 2025

113,943

47,882

62,726

300

224,851

DEPRECIATION

At 1 January 2025

-

21,500

37,272

300

59,072

Charge for year

-

8,633

3,723

-

12,356

Eliminated on disposal

-

(16,781

)

-

-

(16,781

)

At 31 December 2025

-

13,352

40,995

300

54,647

NET BOOK VALUE

At 31 December 2025

113,943

34,530

21,731

-

170,204

At 31 December 2024

113,943

54,805

24,747

-

193,495

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

75,600

Disposals

(28,423

)

At 31 December 2025

47,177

DEPRECIATION

At 1 January 2025

20,969

Charge for year

8,598

Eliminated on disposal

(16,781

)

At 31 December 2025

12,786

NET BOOK VALUE

At 31 December 2025

34,391

At 31 December 2024

54,631

6.

STOCKS

2025

2024

£

£

Stock of lodges for resale

209,496

98,027

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,267

17,331

Amounts owed by group undertakings

823

3,512

Accrued income

128

-

Prepayments

230

-

8,448

20,843

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

783

783

Hire purchase contracts

5,195

13,391

Trade creditors

634

-

Rents received in advance

45,668

52,961

Credit card control

2,116

2,221

Sales deposits held

50,000

10,000

Amounts owed to group undertakings

78,929

51,849

Tax

28,831

17,885

Other creditors

-

11,500

Directors' current accounts

10,327

690

Accrued expenses

8,706

6,887

231,189

168,167

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

783

-

Bank loans - 2-5 years

2,024

3,591

Hire purchase contracts

26,086

29,982

28,893

33,573

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

3,590

4,374

The Bounce Back Loan taken is in some part guaranteed by H M Government

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Deferred tax brought forward

19,888

10,818

Deferred tax provision in year

(9,198

)

9,070

10,690

19,888

Deferred

tax

£

Balance at 1 January 2025

19,888

Accelerated Capital Allowances

(9,198

)

Balance at 31 December 2025

10,690

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, Mr H Boswell increased his loan to the company. As at 31 December 2025, the company owed him £10,327 (2024: £690). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

13.	RELATED PARTY DISCLOSURES

During the year the company paid rent to the directors of £32,000 for the land the site occupies (2024: £38,911).

14.	ULTIMATE CONTROLLING PARTY

As there is no majority shareholder the company is controlled by the board.