Oundle Marina Village Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Oundle Marina Village Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07722453 . The registered office is 2 Cobblestone Yard, Bath Row, Stamford, PE9 2RD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Plant & machinery	20% on reducing balance
Motor vehicles	25% on reducing balance
Fixtures & fittings	15% on reducing balance
Computer equipment	25% on cost

2.4. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Instruments Issues” of FRS 102 in full.

Basic financial assets, including trade and other debtors, cash and bank balances, and investments in ordinary shares that are not publicly traded, are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Such assets are subsequently carried at amortised cost using the effective interest method, less impairment where applicable.

Basic financial liabilities, including trade and other creditors, bank loans, director loans, and amounts owed to group undertakings, are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

Debt instruments are subsequently measured at amortised cost using the effective interest method.

Financial assets are derecognised when the contractual rights to the cash flows expire or are settled. Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.

Impairment losses are recognised where there is objective evidence that a financial asset is impaired.

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Oundle Marina Village Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.9. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method

2.10. Interest income

Interest income is recognised in the profit and loss using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 7)

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Oundle Marina Village Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible assets

	Land & Property
	Freehold	Plant & machinery	Motor vehicles	Fixtures & fittings
	£	£	£	£
Cost or Valuation
As at 1 April 2025	5,400,000	41,987	3,183	10,680
Additions	-	658	-	-
Disposals	-	(10,806 )	(3,183 )	(307 )

As at 31 March 2026	5,400,000	31,839	-	10,373

Depreciation
As at 1 April 2025	-	33,735	1,839	9,020
Provided during the period	-	1,263	-	232
Disposals	-	(8,320 )	(1,839 )	(191 )

As at 31 March 2026	-	26,678	-	9,061

Net Book Value
As at 31 March 2026	5,400,000	5,161	-	1,312

As at 1 April 2025	5,400,000	8,252	1,344	1,660


	Computer equipment	Total
	£	£
Cost or Valuation
As at 1 April 2025	5,203	5,461,053
Additions	-	658
Disposals	(200 )	(14,496 )

As at 31 March 2026	5,003	5,447,215

Depreciation
As at 1 April 2025	4,294	48,888
Provided during the period	909	2,404
Disposals	(200 )	(10,550 )

As at 31 March 2026	5,003	40,742

Net Book Value
As at 31 March 2026	-	5,406,473

As at 1 April 2025	909	5,412,165

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Oundle Marina Village Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	34,713	15,866
Other debtors	20,459	25,079

	55,172	40,945

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	4,636	8,044
Other creditors	877,547	909,240
Taxation and social security	68,014	59,895

	950,197	977,179

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

8. Pension Commitments

The company operates a defined contribution pension scheme for its employees. At the balance sheet date unpaid contributions of £277 (2025: £387) were due to the fund. They are included in other creditors.

9. Related Party Disclosures

Included within other creditors are balances owed through a joint directors' loan to two of the directors totalling £2,541 (2025: £2,496) and through another joint directors' loan to two other directors totalling £720,931 (2025: £745,931). The loans are interest free and repayable on demand.

10. Controlling Parties

The company's immediate and ultimate parent undertaking is Beeson Wright Limited (incorporated in England & Wales). Its registered office is 2 Cobblestone Yard, Bath Row, Stamford, PE9 2RD .

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	4		5,406,473		5,412,165

			5,406,473		5,412,165
CURRENT ASSETS
Stocks		11,000		36,642
Debtors	5	55,172		40,945
Cash at bank and in hand		340,241		207,140

		406,413		284,727
Creditors: Amounts Falling Due Within One Year	6	(950,197 )		(977,179 )

NET CURRENT ASSETS (LIABILITIES)			(543,784 )		(692,452 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,862,689		4,719,713

PROVISIONS FOR LIABILITIES
Deferred taxation			(773,060 )		(772,695 )

NET ASSETS			4,089,629		3,947,018

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			4,089,529		3,946,918

SHAREHOLDERS' FUNDS			4,089,629		3,947,018