REGISTERED NUMBER: 10020898 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LONG VALLEY HOLIDAYS LTD

PREVIOUSLY KNOWN AS

LONG VALLEY YURTS WITHERSLACK LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R I Coulter

Mr J Maddy

REGISTERED OFFICE:

Middleshaw Head

Middleshaw

Old Hutton

Kendal

LA8 0LZ

REGISTERED NUMBER:

10020898 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

BANKERS:

National Westminster Bank plc

10 Elephants Yard

Kendal

Cumbria

LA9 4LZ

FIXED ASSETS

Tangible assets

4

98,737

114,308

CURRENT ASSETS

Stocks

2,179

1,920

Debtors

57,892

386,354

Cash at bank and in hand

16,843

16,417

76,914

404,691

CREDITORS

Amounts falling due within one year

126,240

402,891

NET CURRENT (LIABILITIES)/ASSETS

(49,326

)

1,800

TOTAL ASSETS LESS CURRENT LIABILITIES

49,411

116,108

CREDITORS

Amounts falling due after more than one year

12,049

83,725

NET ASSETS

37,362

32,383

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

37,262

32,283

SHAREHOLDERS' FUNDS

37,362

32,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

Mr R I Coulter - Director

Mr J Maddy - Director

1.	STATUTORY INFORMATION

Long Valley Holidays Ltd 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 financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services as adjusted for deferred income, excluding VAT.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

225,516

Additions

11,000

Disposals

(6,000

)

At 31 March 2026

230,516

DEPRECIATION

At 1 April 2025

111,208

Charge for year

22,731

Eliminated on disposal

(2,160

)

At 31 March 2026

131,779

NET BOOK VALUE

At 31 March 2026

98,737

At 31 March 2025

114,308

The net book value of tangible fixed assets includes £43,102 (2025: £53,877) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £10,775 (2025: £13,469) for the financial year.

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

56,533

10,801

Between one and five years

-

56,533

56,533

67,334

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

2,500

2,500

Between one and five years

10,000

10,000

In more than five years

2,292

4,792

14,792

17,292

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

26,573

40,657

Hire purchase contracts

56,533

67,334

83,106

107,991

The bank loans are secured on the assets of the company.

The hire purchase liabilities are secured on the assets to which they relate.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Mr J Maddy

Balance outstanding at start of year

247

206

Amounts advanced

-

247

Amounts repaid

(247

)

(206

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

247

Directors' loans are interest free, unsecured and repayable on demand.

9.	RELATED PARTY DISCLOSURES

Other debtors includes £57,551 (2025: £368,004) and other creditors includes £8,087 (2025: £238,874) due from/to other companies in which the directors also have control.

During the year the company acquired assets with a market value of £1,600 (2025: £5,693) from connected companies.

Administration costs and accrued expenses include £3,100 (2025: £30,300) management fees charged from other companies in which the directors also have control regarding staffing, management and other costs.

Other revenue includes £15,000 (2025: £15,000) rental fees charged to other companies in which the directors also have control.