Company No: 04950199 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	312,253		269,301
Investment property	5	745,000		745,000
Investments	6	25,000		25,000
		1,082,253		1,039,301
Current assets
Stocks		11,554		11,653
Debtors	7	166,896		171,353
Cash at bank and in hand		359,704		226,999
		538,154		410,005
Creditors: amounts falling due within one year	8	( 138,005)		( 153,763)
Net current assets		400,149		256,242
Total assets less current liabilities		1,482,402		1,295,543
Provision for liabilities	9	( 87,422)		( 78,046)
Net assets		1,394,980		1,217,497
Capital and reserves
Called-up share capital		100		100
Fair value reserve		204,938		204,938
Profit and loss account		1,189,942		1,012,459
Total shareholders' funds		1,394,980		1,217,497

For the financial year ending 30 November 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Coneygar Lodge Limited (registered number: 04950199) were approved and authorised for issue by the Board of Directors on 06 August 2026. They were signed on its behalf by:

W E Cross Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Coneygar Lodge Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Brae, Coneygar Park, Bridport, DT6 3BA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the amounts received or receivable for the provision of residential care services and is recognised in the period to which it relates.

Fees received in advance of the period to which they relate are included as deferred income within other creditors on the balance sheet.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

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. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill arises on business combinations and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. The Goodwill is fully amortised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	20 % reducing balance
Vehicles	20 % reducing balance
Fixtures and fittings	25 % reducing balance
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Fixed asset investments

Investments held in holiday property bonds are initially measured at cost. They are subsequently measured at cost less any impairment.

Stocks

Stocks consist of consumable goods and are stated at cost. Cost is calculated using the FIFO (first-in, first-out) method.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	31		31

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 December 2024	195,000		195,000
At 30 November 2025	195,000		195,000
Accumulated amortisation
At 01 December 2024	195,000		195,000
At 30 November 2025	195,000		195,000
Net book value
At 30 November 2025	0		0
At 30 November 2024	0		0

4. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 December 2024	185,832		3,724		61,459		130,914		22,112		404,041
Additions	0		2,055		20,600		13,954		36,039		72,648
Disposals	0		0		0		0		( 14,173)		( 14,173)
Rounding	0		0		0		0		0		0
At 30 November 2025	185,832		5,779		82,059		144,868		43,978		462,516
Accumulated depreciation
At 01 December 2024	0		1,885		13,321		103,632		15,902		134,740
Charge for the financial year	0		530		10,314		8,265		8,084		27,193
Disposals	0		0		0		0		( 11,670)		( 11,670)
At 30 November 2025	0		2,415		23,635		111,897		12,316		150,263
Net book value
At 30 November 2025	185,832		3,364		58,424		32,971		31,662		312,253
At 30 November 2024	185,832		1,839		48,138		27,282		6,210		269,301

5. Investment property

	Investment property
	£
Valuation
As at 01 December 2024	745,000
As at 30 November 2025	745,000

Valuation

The currently held investment property was confirmed to have no revaluation movement at 30 November 2025 by the directors. The valuation was conducted at the current open market value.

The directors consider the valuation of the investment property to remain materially correct at the balance sheet date.

There has been no valuation of investment property by an independent valuer.

6. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 December 2024	25,000		25,000
At 30 November 2025	25,000		25,000
Carrying value at 30 November 2025	25,000		25,000
Carrying value at 30 November 2024	25,000		25,000

7. Debtors

	2025		2024
	£		£
Trade debtors	12,250		83,792
Amounts owed by directors	62,751		42,609
Prepayments and accrued income	82,327		37,068
Other debtors	9,568		7,884
	166,896		171,353

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	8,675		8,776
Accruals and deferred income	42,572		74,181
Corporation tax	63,786		55,437
Other taxation and social security	17,570		10,043
Other creditors	5,402		5,326
	138,005		153,763

9. Provision for liabilities

	2025		2024
	£		£
Deferred tax	87,422		78,046

10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	3,416		3,416
between one and five years	1,411		4,840
Total future minimum lease payments under non-cancellable operating leases	4,827		8,256

The non-cancellable operating leases are related to the lease of a vehicle.

11. Related party transactions

Transactions with the entity's directors

Advances

The directors loan accounts are repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 per director at the official HMRC rates.

W E & T E Cross

At 1 December 2024,  the balance owed from the directors was £41,841. During the year, the company made advances to the directors amounting to £60,259 and received repayments of £40,567 leaving a balance due from the directors of £61,533.

At 1 December 2023,  the balance owed from the directors was £78,384. During the year, the company made advances to the directors amounting to £60,570 and received repayments of £97,113 leaving a balance due from the directors of £41,841.

J Cross

At 1 December 2024,  the balance owed from the director was £768. During the year, the company made advances to the director amounting to £450, leaving a balance due from the director of £1,218.

At 1 December 2023,  the balance owed from the director was £nil. During the year, the company made advances to the director amounting to £768, leaving a balance due from the director of £768.

Guarantees

During the year the company entered into the following guarantees on behalf of the directors:

The company has guaranteed personal borrowings of £20,835 (2024: £30,655) on behalf of W E Cross. The maximum liability that may be incurred by the company is £30,655 (2024: £39,540).

The company has guaranteed personal borrowings of £20,835 (2024: £30,655) on behalf of T E Cross. The maximum liability that may be incurred by the company is £30,655 (2024: £39,540).