Marquees & Teepees, Killington Limited

Registered number

08311450

Unaudited Filleted Accounts

For the Year Ended

30 November 2025

Marquees & Teepees, Killington Limited
Registered number:		08311450
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		15,000			15,000
Tangible assets	4		98,487			100,537
			113,487			115,537

Current assets
Debtors	5	18,191			56,413
Cash at bank and in hand		1,221			1,915
		19,412			58,328

Creditors: amounts falling due within one year	6	(21,435)			(60,611)

Net current liabilities			(2,023)			(2,283)

Total assets less current liabilities			111,464			113,254


Provisions for liabilities			(10,699)			(13,831)


Net assets			100,765			99,423

Capital and reserves
Called up share capital			2			2
Profit and loss account			100,763			99,421

Shareholders' funds			100,765			99,423

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A C Newbold
Director
Approved by the board on 7 July 2026

Marquees & Teepees, Killington Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Marquees and teepees			10% reducing balance
	Tools and equipment			10% reducing balance
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		6


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 December 2024							15,000
	At 30 November 2025							15,000

	Amortisation
	At 30 November 2025							-

	Net book value
	At 30 November 2025							15,000
	At 30 November 2024							15,000


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	42,178		110,626		26,696		179,500
	Additions	-		5,280		-		5,280
	At 30 November 2025	42,178		115,906		26,696		184,780

	Depreciation
	At 1 December 2024	-		58,694		20,269		78,963
	Charge for the year	-		5,723		1,607		7,330
	At 30 November 2025	-		64,417		21,876		86,293

	Net book value
	At 30 November 2025	42,178		51,489		4,820		98,487
	At 30 November 2024	42,178		51,932		6,427		100,537


5	Debtors					2025		2024
£							£

	Trade debtors					5,387		4,930
	Other debtors					12,804		51,483
						18,191		56,413


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					88		12
	Trade creditors					6,866		6,361
	Taxation and social security costs					6,186		8,402
	Other creditors					8,295		45,836
						21,435		60,611


7	Other information

	Marquees & Teepees, Killington Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Killington Hall
	Killington
	Kirkby Londale
	Carnforth
	LA6 2HA