REGISTERED NUMBER: 14521166 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

FOR

PARK FARM TOURISM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C M Kerss

W R S Kerss

REGISTERED OFFICE:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

REGISTERED NUMBER:

14521166 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Tangible assets

4

280,866

285,800

CURRENT ASSETS

Stocks

275

300

Debtors

5

17,246

10,846

Cash at bank and in hand

63,942

104,375

81,463

115,521

CREDITORS

Amounts falling due within one year

6

34,307

127,845

NET CURRENT ASSETS/(LIABILITIES)

47,156

(12,324

)

TOTAL ASSETS LESS CURRENT LIABILITIES

328,022

273,476

CREDITORS

Amounts falling due after more than one year

7

(225,419

)

(256,818

)

PROVISIONS FOR LIABILITIES

(30,700

)

(10,400

)

NET ASSETS

71,903

6,258

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

71,803

6,158

71,903

6,258

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

Mrs C M Kerss - Director

1.	STATUTORY INFORMATION

Park Farm Tourism 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Changes in reporting period

During the period, the company decided to extend the accounting reference date to 31 December 2025 to be co-terminus with other group companies. The current period is a sixteen month period and the comparatives are for an eight month period, and as such are not entirely comparable.

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Property improvements

-

4% on cost

Plant and machinery

-

20% reducing balance

Fixtures and fittings

-

20% reducing balance

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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Government grants

Government grants received are treated as deferred income and credited to the profit and loss account over the estimated useful life of the relevant fixed assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Property

Plant and

and

improvements

machinery

fittings

Totals

£

£

£

£

COST

At 1 September 2024

289,008

10,103

3,265

302,376

Additions

13,620

79

-

13,699

At 31 December 2025

302,628

10,182

3,265

316,075

DEPRECIATION

At 1 September 2024

13,649

2,344

583

16,576

Charge for period

15,830

2,088

715

18,633

At 31 December 2025

29,479

4,432

1,298

35,209

NET BOOK VALUE

At 31 December 2025

273,149

5,750

1,967

280,866

At 31 August 2024

275,359

7,759

2,682

285,800

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

Plant and

machinery

£

COST

At 1 September 2024

and 31 December 2025

7,166

DEPRECIATION

At 1 September 2024

1,783

Charge for period

1,435

At 31 December 2025

3,218

NET BOOK VALUE

At 31 December 2025

3,948

At 31 August 2024

5,383

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.8.24

£

£

Amounts owed by group undertakings

15,962

-

Other debtors

1,284

10,846

17,246

10,846

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.8.24

£

£

Hire purchase contracts

932

2,516

Trade creditors

1,326

2,709

Amounts owed to group undertakings

21,637

77,352

Taxation and social security

1,929

7,066

Other creditors

8,483

38,202

34,307

127,845

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.8.24

£

£

Hire purchase contracts

-

1,831

Amounts owed to group undertakings

191,019

218,379

Other creditors

34,400

36,608

225,419

256,818

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.8.24

£

£

Hire purchase contracts

932

4,347

9.	CONTINGENT LIABILITIES

During a previous period, the company was successful in obtaining grant funding of £40,000 from the European Regional Development Fund to support the set-up capital costs of the business. The grant may be repayable if the grant conditions are not adhered to.

No provision has been made in the accounts as it is considered to be a remote possibility the conditions will not be satisfied.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Park Farm Snettisham Limited.

Registered office of business:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE