Registration number: 00842521

Hazelwood Caravans & Chalets Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 9

Hazelwood Caravans & Chalets Limited

Company Information

Directors

J E Chenery J L Chenery

Registered office

Hazelwood Park Warren Road Dawlish Warren Devon EX7 0PF

Accountants

Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

Hazelwood Caravans & Chalets Limited

(Registration number: 00842521)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,586,650	2,658,184
Current assets
Stocks	5	22,484	78,464
Debtors	6	879,715	909,597
Cash at bank and in hand		621,564	634,083
		1,523,763	1,622,144
Creditors: Amounts falling due within one year	7	(578,377)	(555,200)
Net current assets		945,386	1,066,944
Total assets less current liabilities		3,532,036	3,725,128
Creditors: Amounts falling due after more than one year	7	(847,058)	(920,598)
Provisions for liabilities		(87,223)	(132,478)
Net assets		2,597,755	2,672,052
Capital and reserves
Called up share capital		10,000	10,000
Share premium reserve		30,000	30,000
Revaluation reserve		831,730	831,730
Retained earnings		1,726,025	1,800,322
Shareholders' funds		2,597,755	2,672,052

For the financial year ending 31 October 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.

Hazelwood Caravans & Chalets Limited

(Registration number: 00842521)
Balance Sheet as at 31 October 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 30 July 2026 and signed on its behalf by:
 

......................................... J E Chenery Director

Hazelwood Caravans & Chalets Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1	General information

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

The address of its registered office is:
Hazelwood Park
Warren Road
Dawlish Warren
Devon
EX7 0PF

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 and deferred 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.

Hazelwood Caravans & Chalets Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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
Land and Buildings	Not depreciated
Plant and machinery	5% - 20% straight line
Motor vehicles	20% straight line

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.

Hazelwood Caravans & Chalets Limited

Notes to the Financial Statements for the Year Ended 31 October 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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2024 - 18).

Hazelwood Caravans & Chalets Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Land and buildings £	Motor vehicles  £	Property, plant & equipment £	Total £
Cost or valuation
At 1 November 2024	2,072,306	15,811	1,527,567	3,615,684
Additions	-	-	7,999	7,999
Disposals	-	(5,461)	-	(5,461)
At 31 October 2025	2,072,306	10,350	1,535,566	3,618,222
Depreciation
At 1 November 2024	-	11,071	946,429	957,500
Charge for the year	-	2,070	77,463	79,533
Eliminated on disposal	-	(5,461)	-	(5,461)
At 31 October 2025	-	7,680	1,023,892	1,031,572
Carrying amount
At 31 October 2025	2,072,306	2,670	511,674	2,586,650
At 31 October 2024	2,072,306	4,740	581,138	2,658,184

Included within the net book value of land and buildings above is £2,072,306 (2024 - £2,072,306) in respect of freehold land and buildings.
 

Revaluation

The fair value of the company's Freehold land and buildings was revalued on 1 December 1992 by an independent valuer . The name and qualification of the independent valuer are Fleury Manico, Chartered Surveyors.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £1,237,746 (2024 - £1,237,746).

5

Stocks

	2025 £	2024 £
Stock and raw materials	22,484	78,464

Hazelwood Caravans & Chalets Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

6

Debtors

	Note	2025 £	2024 £
Trade debtors		30,391	75,933
Amounts owed by group undertakings and undertakings in which the company has a participating interest	9	810,547	810,547
Other debtors		30,226	21,690
Prepayments and accrued income		8,551	1,427
Total current trade and other debtors		879,715	909,597

7

Creditors

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	71,352	66,957
Trade creditors		37,737	47,693
Taxation and social security		40,645	61,730
Other creditors		1,126	23,667
Accrued expenses		427,517	355,153
		578,377	555,200

The bank borrowings are secured on the freehold land and buildings.

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	847,058	920,598

Hazelwood Caravans & Chalets Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	71,352	66,957

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	847,058	920,598

9	Related party transactions

2025	At 1 November 2024 £	Advances to director £	Repayments by director £	At 31 October 2025 £
J L Chenery
Interest free loan account	72	20,801	(20,873)	-

2024	At 1 November 2023 £	Advances to director £	Repayments by director £	At 31 October 2024 £
J L Chenery
Interest free loan account	48,562	50,209	(98,699)	72

10	Parent and ultimate parent undertaking

The company's immediate parent is Hazelwood Holdings Limited, incorporated in England & Wales.

 The ultimate controlling party is JE Chenery.