Registration number: 02939210

Monger Caravan & Resorts Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Monger Caravan & Resorts Limited

Company Information

Directors

Mr Michael J Monger Mrs Dwynwen Elizabeth Monger

Registered office

9 Riverside Waters Meeting Road Bolton BL1 8TU

Accountants

HML Davies Limited Chartered Certified Accountants9 Riverside Waters Meeting Road Bolton BL1 8TU

Monger Caravan & Resorts Limited

(Registration number: 02939210)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,764,389	2,755,976
Current assets
Stocks	5	135,000	130,500
Debtors	6	5,613	12,641
Cash at bank and in hand		14,357	29,501
		154,970	172,642
Creditors: Amounts falling due within one year	7	(155,823)	(240,423)
Net current liabilities		(853)	(67,781)
Total assets less current liabilities		2,763,536	2,688,195
Creditors: Amounts falling due after more than one year	7	(623,765)	(531,979)
Provisions for liabilities		(446,894)	(446,894)
Net assets		1,692,877	1,709,322
Capital and reserves
Called up share capital		1	1
Share premium reserve		124,409	124,409
Revaluation reserve		1,300,682	1,300,682
Retained earnings		267,785	284,230
Shareholders' funds		1,692,877	1,709,322

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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 July 2026 and signed on its behalf by:
 

......................................... Mr Michael J Monger Director

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital , incorporated in England and Wales.

The address of its registered office is:
9 Riverside
Waters Meeting Road
Bolton
BL1 8TU

The principal place of business is:
Ty Newydd Leisure Park
Llanbedrgoch
Isle of Anglesey
LL76 8TZ

These financial statements were authorised for issue by the Board on 8 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% and 20% reducing balance
Fixtures and fittings	15% reducing balance
Motor vehicles	25% reducing balance
Boats	Nil

No depreciation has been provided on Land and Buildings as the property is mainained in such a state of repair that its residual value is at least equal to its net book value. As a result the corresponding depreciation would not be material and therefore is not charged to the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Boat £
Cost or valuation
At 1 January 2025	2,650,000	116,682	68,561	38,819
Additions	-	-	-	-
At 31 December 2025	2,650,000	116,682	68,561	38,819
Depreciation
At 1 January 2025	-	79,952	59,364	16,977
Charge for the year	-	5,509	1,836	-
At 31 December 2025	-	85,461	61,200	16,977
Carrying amount
At 31 December 2025	2,650,000	31,221	7,361	21,842
At 31 December 2024	2,650,000	36,730	9,196	21,842

	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	52,995	2,927,057
Additions	33,745	33,745
At 31 December 2025	86,740	2,960,802
Depreciation
At 1 January 2025	14,787	171,080
Charge for the year	17,988	25,333
At 31 December 2025	32,775	196,413
Carrying amount
At 31 December 2025	53,965	2,764,389
At 31 December 2024	38,208	2,755,976

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Included within the net book value of land and buildings above is £2,650,000 (2024 - £2,650,000) in respect of freehold land and buildings.
 

Revaluation

The fair value of the company's Land and buildings was revalued on 20 January 2025 by an independent valuer.
The directors chose to adopt this valuation as at December 2024. The name and qualification of the independent valuer are Andrew Moore BCS (Hons) MRICS at Avison Young (UK) Limited .
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £862,423 (2024 - £862,423).

5

Stocks

	2025 £	2024 £
Other inventories	135,000	130,500

6

Debtors

Current	2025 £	2024 £
Trade debtors	1,900	9,900
Prepayments	3,713	2,741
	5,613	12,641

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	110,058	92,600
Trade creditors		24,677	69,300
Taxation and social security		8,946	19,893
Accruals and deferred income		8,705	13,527
Other creditors		3,437	45,103
		155,823	240,423

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	623,765	531,979

8

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	284,207	284,207

Monger Caravan & Resorts Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	599,768	511,979
Hire purchase contracts	23,997	20,000
	623,765	531,979

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	80,394	82,600
Bank overdrafts	15,665	-
Hire purchase contracts	13,999	10,000
	110,058	92,600