REGISTERED NUMBER: 09805335 (England and Wales)

Coombeshead Farm Hotel Limited

Unaudited Financial Statements

for the Year Ended 31 October 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

T M Adams

Ms A E Bloomfield

REGISTERED OFFICE:

Coombeshead Farm

Lewannick

Launceston

Cornwall

PL15 7QQ

REGISTERED NUMBER:

09805335 (England and Wales)

ACCOUNTANTS:

ATC Advisors

Chartered Accountants

Unit 2 Dunheved Court

Pennygillam Way

LAUNCESTON

Cornwall

PL15 7ED

FIXED ASSETS

Tangible assets

4

2,057,456

2,123,088

Investments

5

1

1

2,057,457

2,123,089

CURRENT ASSETS

Stocks

91,330

111,174

Debtors

6

77,304

75,382

Cash at bank and in hand

185,967

195,276

354,601

381,832

CREDITORS

Amounts falling due within one year

7

1,178,280

1,229,218

NET CURRENT LIABILITIES

(823,679

)

(847,386

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,233,778

1,275,703

CREDITORS

Amounts falling due after more than one year

8

812,101

829,085

NET ASSETS

421,677

446,618

CAPITAL AND RESERVES

Called up share capital

250,000

250,000

Retained earnings

171,677

196,618

421,677

446,618

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 22 July 2026 and were signed on its behalf by:

T M Adams - Director

1.	STATUTORY INFORMATION

Coombeshead Farm Hotel 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.

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.

Land and buildings

-

not provided for on Land

Plant and machinery etc

-

17.5% on cost and Straight line over 15 years

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Motor

property

property

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 November 2024

1,222,840

1,157,178

368,272

9,750

2,758,040

Additions

-

7,171

50,244

-

57,415

At 31 October 2025

1,222,840

1,164,349

418,516

9,750

2,815,455

DEPRECIATION

At 1 November 2024

-

399,159

226,043

9,750

634,952

Charge for year

-

77,397

45,650

-

123,047

At 31 October 2025

-

476,556

271,693

9,750

757,999

NET BOOK VALUE

At 31 October 2025

1,222,840

687,793

146,823

-

2,057,456

At 31 October 2024

1,222,840

758,019

142,229

-

2,123,088

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

Plant and

machinery

£

COST

Additions

11,500

At 31 October 2025

11,500

DEPRECIATION

Charge for year

1,351

At 31 October 2025

1,351

NET BOOK VALUE

At 31 October 2025

10,149

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

and 31 October 2025

1

NET BOOK VALUE

At 31 October 2025

1

At 31 October 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,442

43,671

Other debtors

22,862

31,711

77,304

75,382

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,405

25,047

Hire purchase contracts (see note 9)

2,673

-

Trade creditors

67,118

84,015

Taxation and social security

36,271

51,188

Other creditors

1,049,813

1,068,968

1,178,280

1,229,218

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

197,654

219,085

Hire purchase contracts (see note 9)

4,447

-

Other creditors

610,000

610,000

812,101

829,085

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

141,369

143,259

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

2,673

-

Between one and five years

4,447

-

7,120

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

6,778

-

Between one and five years

2,824

-

9,602

-