Holiday Cottages (Cornwall) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05966665 (England and Wales)

HOLIDAY COTTAGES (CORNWALL) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M C Wood

C D Wood

SECRETARY:

Mrs M C Wood

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

05966665 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Intangible assets

5

-

Tangible assets

6

411

-

411

-

CURRENT ASSETS

Debtors

7

476

412

Investments

8

80,525

16,175

Cash at bank and in hand

260,742

360,549

341,743

377,136

CREDITORS

Amounts falling due within one year

9

206,591

252,233

NET CURRENT ASSETS

135,152

124,903

TOTAL ASSETS LESS CURRENT
LIABILITIES

135,563

124,903

PROVISIONS FOR LIABILITIES

103

-

NET ASSETS

135,460

124,903

CAPITAL AND RESERVES

Called up, paid and allotted share capital

100

Retained earnings

135,360

124,803

SHAREHOLDERS' FUNDS

135,460

124,903

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 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:

C D Wood - Director

1.	STATUTORY INFORMATION

Holiday Cottages (Cornwall) 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, rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Income recognition

Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill

Goodwill, being the amount paid in connection with the aquisition of the business in 2006 has now been fully amortised.

Computer software

Computer software, being the amount paid in connection with the acquisition of the business in 2006 has now been fully amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments are recognised initially at cost which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

The methods and significant assumptions used to ascertain the fair value of £80,525 and fair value movement of £64,350 included in the profit/loss for the year are as follows:

- Market values per The London Stock Exchange as at 31/12/2025.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

5.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

COST

At 1 January 2025

and 31 December 2025

9,633

30,000

39,633

AMORTISATION

At 1 January 2025

and 31 December 2025

9,633

30,000

39,633

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2025

6,155

3,907

10,062

Additions

-

616

At 31 December 2025

6,155

4,523

10,678

DEPRECIATION

At 1 January 2025

6,155

3,907

10,062

Charge for year

-

205

At 31 December 2025

6,155

4,112

10,267

NET BOOK VALUE

At 31 December 2025

-

411

At 31 December 2024

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

476

412

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

Listed investments

80,525

16,175

Market value of listed investments at 31 December 2025 - £ 80,525 (2024 - £ 16,175 ).

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

144,648

179,385

Taxation and social security

32,817

36,612

Other creditors

29,126

36,236

206,591

252,233

10.	RELATED PARTY DISCLOSURES

The directors operate a loan account with the company. During the year loans in aggregate of £2,856 were repaid by the company..

The balance owed to the directors at the year end was £764.